Questions tagged [how many]

AltcoinAdventurer Sat May 11 2024 | 5 answers 940

I've been hearing a lot about Bitcoin and how it's revolutionizing the financial industry. But the question that's been lingering in my mind is, how many Bitcoin should I own? Is there a recommended amount or should I just invest whatever I'm comfortable with? I'm aware of the volatility and risks involved, but I'm still curious about finding a balance between potential returns and my personal risk tolerance. Could you please guide me in this matter? Maybe some pointers on how to assess my financial situation and determine a suitable amount would be helpful. After all, I don't want to miss out on this exciting opportunity, but I also don't want to overstretch myself.

Margherita Wed Mar 27 2024 | 5 answers 894

Could you please enlighten me on a matter related to Bitcoin? I've heard a lot about the finite nature of Bitcoin, but I'm still a bit hazy on the specifics. Could you please explain to me how many Bitcoin will ever be created? I understand that the supply of Bitcoin is capped at 21 million, but what does that mean in practical terms? Will all 21 million Bitcoins be mined eventually, or is there a limit to the rate at which they can be produced? If so, what determines that limit? I'm also curious about the distribution of these Bitcoins over time. Will they be mined at a consistent rate, or will the rate change over time? Finally, what implications does this finite supply have for the value and future of Bitcoin? Thank you for your time and expertise.