{"id":2947,"date":"2020-01-18T11:34:41","date_gmt":"2020-01-18T11:34:41","guid":{"rendered":"https:\/\/paybis.com\/blog\/?page_id=2947"},"modified":"2023-07-21T10:27:37","modified_gmt":"2023-07-21T10:27:37","slug":"how-much-bitcoin-should-i-own","status":"publish","type":"post","link":"https:\/\/paybis.com\/blog\/how-much-bitcoin-should-i-own\/","title":{"rendered":"How Much Bitcoin Should I Own to Care About the Industry?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Is there a minimum amount of Bitcoin you should hold to truly care about the cryptocurrency industry?<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><b>How much Bitcoin should I own?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There is no specific amount of Bitcoin that is considered to be a \u201cminimum\u201d investment for closely following the industry\u2019s updates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it has been calculated that each millionnaire would only be able to own <strong>0.32 BTC<\/strong> if all bought some.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, if one needs to be given a certain number of Bitcoin to hold, this would be a great place to start.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After that milestone has been reached, you could go as far as owning a whole coin.<\/span><\/p>\n<h2><b>Is it possible to buy less than one Bitcoin?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Yes, one Bitcoin is dividable in 100.000.000 Satoshis, which form the smallest division unit of a Bitcoin. This means that you can buy as much Bitcoin as you want, and not only whole coins.<\/span><\/p>\n<h2><b>How many Bitcoins do other, popular investors hold?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There have been many talks on the amount of Bitcoin that<\/span><a href=\"https:\/\/www.quora.com\/How-many-Bitcoins-does-the-creator-of-Bitcoin-Satoshi-Nakamoto-have\"> <span style=\"font-weight: 400;\">Satoshi Nakamoto<\/span><\/a><span style=\"font-weight: 400;\"> holds. It is estimated that the coin\u2019s creator holds anywhere between 300.000 and 1.000.000, which at the moment of this writing translates to $2.7-$8.8 Billion USD respectively.<\/span><\/p>\n<p>Now let&#8217;s talk about a couple more examples:<\/p>\n<p><a href=\"https:\/\/money.com\/richest-people-with-bitcoin\/\"><span style=\"font-weight: 400;\">Barry Silbert<\/span><\/a><span style=\"font-weight: 400;\">, the founder of Digital Currency Group, reportedly purchased 48,000 BTC in a U.S. Marshall action. The large amount of Bitcoin was seized from Silk Road, which was the most popular marketplace of the dark-web. What is most amazing to note is that Barry purchased those coins at a mere 350$ each.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Popular venture capitalist<\/span><a href=\"https:\/\/www.newsbtc.com\/2019\/01\/13\/tim-draper-18-million-first-bitcoin-batch\/\"> <span style=\"font-weight: 400;\">Tim Draper<\/span><\/a><span style=\"font-weight: 400;\">, purchased 29,656 BTC in a US court Marshall auction, for $632 USD each. The value of his investment is currently sitting at $107 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can find out a lot more with regards to the most popular (and young) Bitcoin millionaires, by checking out<\/span><a href=\"https:\/\/paybis.com\/blog\/millionaires-of-bitcoin\/\"> <span style=\"font-weight: 400;\">this article<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is there a minimum amount of Bitcoin you should hold to truly care about the cryptocurrency industry?\u00a0 How much Bitcoin should I own? There is no specific amount of Bitcoin that is considered to be a \u201cminimum\u201d investment for closely following the industry\u2019s updates. However, it has been calculated that each millionnaire would only be [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3823,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[8,41,132],"tags":[164,199],"businesses_tag":[],"class_list":["post-2947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-educational-guides","category-bitcoin","category-individuals","tag-bitcoin","tag-education"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Bitcoin Should I Own to Care About the Industry? - Paybis Blog<\/title>\n<meta name=\"description\" content=\"Have you been asking yourself &quot;How much bitcoin should I own&quot;. In this article we take a look at the amounts BTC is worth investing in.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paybis.com\/blog\/how-much-bitcoin-should-i-own\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Bitcoin Should I Own to Care About the Industry? - Paybis Blog\" \/>\n<meta property=\"og:description\" content=\"Have you been asking yourself &quot;How much bitcoin should I own&quot;. 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