Honestly, I'm aiming for $20M/BTC... how about you?

You might think I'm crazy, but I've crunched the numbers based on my bitcoin stash and my plans to start a business. For me, hitting that $20M mark for a single bitcoin makes total sense. I know different countries have different economies and inflation rates. But in my case, to become a millionaire and kickstart a new venture, I need bitcoin to skyrocket to 200 times its current value. I've always dreamed of bitcoin increasing tenfold every four years. It didn’t happen in 2021, and it looks like it won't during the upcoming 2025 boom either. So, I'm stuck just holding on and waiting it out. These days, I see a lot of inactive bitcoins being moved around to cash out. Still, I’m holding onto my belief that big things are coming for my investments. I’ve managed to keep my bitcoins through several tough bear markets because I’ve been dollar-cost averaging with the spare cash I have left after taking care of life's necessities. I’m confident I can hold onto my coins for the next 10 to 20 years until they’re worth a fortune. What’s your target for cashing out or using your bitcoins?

Yeah, this is how, we must invest. I agree with your DCA process. Here people are generally speculating about month's target or year's target but no one is speculating about their personal targets for bitcoins. This way, I feel like your speculation sounds different. I am sorry to say 20 million for bitcoin definitely a huge target but if you are ready to hold for next 20 years, there are 50% chances for you to hit your dreams. I am saving bitcoins for short term target of $150k or $200k. I will cash out depends on my money needs. Not everyone here are able to hold for years without cashing out. So, I guess there could be less replies for your call of "personal speculation".

Nothing to laugh on this. Because I am the one of those strong believer of bitcoin who always speculate about one billion for one bitcoin. So, your target of 20 million is reachable in my opinion. I wish your targets to be achieved very soon. I am sure most people will have similar targets or at least like 1 million. So, you are not alone. I just checked other topic where I learned only 4% of world population so far adapted bitcoin. So, when this number grows to 10% or higher, I guess we can easily see 10 million or even 20 million.

I won't laugh at your $20 million goal. I get the math since it's tied to a real-life aim. That's the only number that counts, I think. As for me, I don't have one target price. I'm figuring on cashing out bits at different points to make sure my initial investment is safe and to pay off any debts I have.

My issue is age. I did p2p with btc for 10 years fucked up royally doing that. I have been stacking for a while but at 68 years old stacking till I am 78 is very unattractive..

Someone younger than you is ambitious to achieve everything they want - but they're never sure they'll live to be as old as you. Big ambitions are good - but needs adjustment so they don't lose sight of the things they should be full fill now, instead later. We never know how attractive crypto will be in next 10 years – the industry's growth is certainly expected to be better, but there are various threats that could make the market unprofitable, even for long-term holders.

Don't really have any target yet, I consider holding bitcoin the same as holding gold these days, basically preserving wealth so really if I convert it to cash I don't know where else I should put it to hedge against inflation other than gold and since I already accumulated my bitcoin, I just keep it in BTC. The $20M/BTC is actually realistic if you consider the inflation so I won't call it too optimistic, I know that cash keeps plummeting in value and people are starting to realize that bitcoin is a good asset. I also consider the possibility of bitcoin being a global currency so converting just doesn't make sense when it's recognized and adopted world wide.

$20M dollar is a whooping amount that any investor can take as his accumulation goal. of cause, it is not bad to dream big but then, for you to accumulate that amount of bitcoin, your weekly or monthly accumulation amount should be something very reasonable. reaching ones bitcoin goal requires an intentional effort and not just mere wishing. 200x in bitcoin price related to the current price of bitcoin is not impossible but it will require an high level of patience before bitcoin can get to that price. i am wishing that in my life time, i will be able to get at least one bitcoin even though by the way i am currently accumulating it, it might take a long time but i am hoping that by being consistent with my accumulation plan and increasing on it occasionally, it will be a reality in the future.

I appreciate you for this. Do not be ever discouraged by others' selling. Honestly I do not know where bitcoin price will be heading in next 10 to 20 years but I am sure all long term holders will never get disappointed unless otherwise your government is not taking any severe regulations on bitcoin. Regardless of that, keep your DCA up and continue your hodling. I expect bitcoin to be testing 200k level within this year. If 200k happens this year then I guess we need to wait for another 4 years for 1 million and then 10 million and then 20 million. So, you may need to wait at least 20 years in an rough estimation.

Yeah, it is different and people here are not talking about their holding plan and aiding only for trading but not anything to holders. This is the reason, I wanted to share my target and I see there are people who agree abut my long term plans, I am happy on seeing that I am on a right path. Only 4% ? That must be on lower side anyhow considering against the technological advancement even in tier 3 countries. I mean that mobile phones are everywhere but people are still preferring using fiats, it seems. Yeah, you need to be debit free for thinking about long term investments. Debits are like holes in your investment basket. You must need to work on that first. Sir, age is just a number and please look at Warren Buffet and his age. Also, believe into inter-generational wealth creation by focussing on your health as well. All will be in your favour over the time.

No offense and don't want to disappoint you and the OP, but I get the feeling you don't understand what the numbers mean. Do you know or have you ever thought about what bitcoin's market capitalization would be if it hit $1 million, let alone $10 or $20 million? If bitcoin hits $1 million its market cap will be $21 trillion which means we will need more than $18 trillion and I wonder where we will get that huge amount of money in the next 4 years? While it took 16 years to reach a market capitalization of 2 trillion. Come on, we're talking trillions of dollars, not just a few thousand. Honestly, I can't think of any scenario where bitcoin can reach $20 million in the next 100 years, let alone the next 20 years. The only scenario for bitcoin to reach $20 million is if the US dollar collapses and becomes worthless.

Having a big dream is not a bad thing. OP is simply saying how much he wants Bitcoin to be in the future. We can just speculate about the future because we are not sure about it. $100,000 for one Bitcoin sounded unbelievable a few years ago. But it is a reality today. Bitcoin hitting $20 million in 10-20 years looks unachievable, but it's not impossible. After all, we live in a dreamer's world, so let's keep dreaming big.

-- Bitcoin was trading less than 10k by 2020 which was 10x lower than the current price which meant dollar collapsed in significant level in the 5 years of time? I do not think so. What would happen if bitcoin marketcap values 500 trillion one day? The world economy will collapse? I do not think so, but bitcoin will be treated as collectibles. Collectibles are beyond the fundamentals of economics. -- Currently bitcoin marketcap is $2.2 trillion, for this to become 4.4 trillion, most people assume that we need investors with at least 2.2 trillions of dollars or higher than that. But in reality, you may need 1 trillion or lesser than that. Do you agree? Because, marketcap is calculated with total supply whereas market price is determined by ONLY circulating supply. So, 500 trillion marketcap also will be possible. -- Already governments and big institutions started accumulating bitcoin with long term plans. In my eyes, they are literally working hard on decreasing the 21M supply of bitcoin but the real fact is on circulating supply. -- You and I will buy bitcoin at $200k, when we are confident about reaching $400k. Same is true at 500k with the targets of 1M. FOMO is the simple reason here. -- We have halving event to trigger FOMO. FOMO along with 21M cap will take bitcoin to unimaginable levels. This may sound strange because we do not have any other system with same fundamentals. It means you cannot underestimate the value of bitcoin with the same calculations we have for gold or a stock.

Every target is achievable if the person who set the target is ready to keep pushing and accumulating. People might laugh at your target, but as long as you keep pushing, even if you don't achieve that target, you will get close to that amount with Bitcoin price increases over the year or your holding amount increasing. Personally, if I can be able to gather up to 2 bitcoin, I will be very happy. I don't ask for much.

20 years to reach $20 Million per Bitcoin? it looks impossible to be honest. If it's $1-4 Million then it's still make sense, it's already big though. Not sure what's your reason with this dream, if your dream is to see Bitcoin price hit $20 Million, then that's okay. But, if your dream is to enjoy your life when you're old and Bitcoin price cross $20 Million, I don't think it's a good idea. The best experience of vacation is when your body is good, so you will able to enjoy at fullest.

How is that possible - I'm not even sure you can believe the above statement just because of the two reasons you mentioned. Not all efforts will yield worth it results - many fail midway for one reason or another. Setting goals is important - working hard is essential, but the results won't always be satisfactory. This is why you shouldn't be overly confident in anything that isn't completely certain - for example, speculative assets. I see you as a passionate person - it's important to push ourselves to be better. I just want to remind you that nothing is certain in the market, even bitcoin can lose thousands of dollars in value for one reason or another. If you want to get what you want, proceed with caution. It's not about how much you accumulate - but about how well you can maximize on price volatility.

You are right! But doesn't have any effects provided that you are trying to create a generational wealth which could be passed to your offspring because you can actually know where Bitcoin could drive us to in the next 50 years to come and could be that expensive that people can barely hold 1 Bitcoin rather than just fraction who knows? So your accumulate could help your family in time to come if it happens that there are higher demand and low supply meaning scarcity shows up and Bitcoin worth something expectedly. So, having a positive mentality of accumulating certain percentage of Bitcoin is actually right especially for the younger ones who is not up to your age bracket.

I think the biggest factor in the final target for an individual is how long they plan to live.  I won't go making any guesses there because you never know if you'll see tomorrow.  However, what I will say is that I think it would be pretty cool if Bitcoin hit $700,000 per coin.  That was the ultimate target I've been telling people for a while now and if I got to live to actually see it, that would be awesome.  I'm not crazy though, so I realize there is just as good of a chance Bitcoin goes to $0 as there is it goes up forever.

well its say the op is 20 years old 2028.       250,000 2032        500,000 2036     1,000,000 2040     2,000,000 2044     4,000,000 2048     8,000,000 2052   16,000,000 in 2052 he would only be 48 years old. the numbers above are all possible

Your numbers are based on bitcoin's market capitalization which is calculated based on the total supply. That amount of bitcoin has never been and will never be in free market circulation. You are right about the raw math, but you are fundamentally misinterpreting how market capitalization works. Market cap is a theoretical number, not the actual amount of money injected. The effective supply available for purchase is tiny. If institutions decide to shift only 5% of their gold allocation into this tiny, illiquid asset, the price will explode, hitting your $1M target with far less capital than your figure suggests. You're worried it took 16 years to hit $2 trillion, but look at the second half: It took only 4 years to go from $200 billion to $2 trillion. The market doesn't grow linearly; it grows exponentially.