1 BTC Dream as Bitcoin Holds $20k Range
It's been a crazy few months in the crypto space. Now with Bitcoin (BTC) trading at the $20,000 range for the first time since 2020 is it a good time for small-time investors to try to join the 1 BTC club?
The 1 BTC club aka a wholecoiner is something many of us dream about. Back in the day BTC was cheap and many of the ealry wholecoiners woke up millionaires as the space gained tremendous popularity in the 2017-2918 bull run. Since that first main stream rush investors accumulating as many of the 21 million BTC as possible. With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors may have found a small window of opportunity to achieve the dream of owning at least 1 BTC at prices we have not see in a while. According to Cointelegraph in early June they reported that the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091 in just 7 days. However, the total number of addresses holding 1 BTC saw an immediate reduction in days to come as prices dropped. Looking at the data now between June 15 to June 25, the total number of Bitcoin wallet addresses holding more than 1 BTC grew by 873.
I have not bought much BTC in a long time because I see better opportunity in other projects like HIVE, LEO, ALGO, XTZ, ADA, and NCT. However, at these prices I think I will start DCA back into BTC as I think hodling 1 BTC is a badge of honor.
BTC is currently at $21K so I decided to buy 0.0011 BTC to start my wholcoiner journey
This will be a slow endeavor because I am spreading my buys through these other projects. I'm hoping some of my alt coins take off so I can convert it to BTC to get my goal quicker!
Posted Using LeoFinance Beta
