I believe that everyone should try to own at least 1 bitcoin. If 1 bitcoin is too pricey for you, try to own .01 bitcoin and accumulate from there.
With bitcoin being the first popular coin, it will most likely be the most popular in the next market swing higher as well. Not considering the next halving to take place next year. It could be a full year of accumulation building up to the next halving. No one really knows. With just 21 million coins ever to be produced and a few million of those locked up or missing, there will one day be a shortage. I would much rather be holding in a shortage than trying to get in. I don't currently own a full bitcoin, but maybe one day.
Some factors that help me believe what I believe.
*21 million coins ever to be produced - there are 7.53 billion people in the world. That means each person if divided equally could only hold .0027 bitcoin. Maybe, you would say that not all of those 7.53 people have resources or funds to purchase bitcoin. Well, there are still around 1 billion people that live in "developed" countries. That would be just .021 bitcoin per person before the supply runs out. Keep in mind, this is even less counties the coins that are already held or lost.
*How many millionaires are there in the world? There are 36 million millionaires in the world. This is 36,000,000. This is greater than the total supply.
*There are 2,208 billionaires in the world. Just adding to the numbers of those who may want to purchase if price starts to climb.
* With the lightning network gaining traction, more businesses are accepting it for goods and services. This will help spread the coins down into fractions across the globe quicker.
* There are lots of early adopters and other investors out there that already hold multiple thousands just to themselves.
None of this is financial advice. Anything could happen, the price could stay at its current value, or the price could drop. We could also see bitcoin around its current price for years to come.
It just is fun thinking about the potential supply and demand issues that could take place in the future, especially when we bring human error into account and all of the coins that were lost or are going to be lost in coming time.
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