Pretty simple — I simply think that bitcoin is a great investment that could likely give me a good multiples in ROI sometime in the long-term future. That's pretty much it, besides things like having self-custody of my funds and stuff.

You do not need to have worth of 1 bitcoin in fiat before you can be able to buy bitcoin, you can have $100 or lesser amount to buy bitcoin, the value will increase and the ROI would be in accordance to the amount invested.

If bitcoin price has already dropped and some people sold their coins, they are making a mistake that they will realize when the market is more volatile and bitcoin price is moving to the up direction, this may happen soon.

I hold under 1 BTC at this time.

I have a lot of mining gear worth more than 1 BTC at this time.

I don't own 1 BTC, but trust me, I don't really care about it.

Bitcoin is, perhaps, the greatest technological invention of the century. I mean it!

Imagine someone who invests in gold. They have to rent facilities to store it and guards to guard it. There is a storage issue. Bitcoin fixes that.

Imagine someone who holds a large amount of money in their bank account and suddenly, their country decides to put capital controls and people can't withdraw their money. There is a liquidity issue. Bitcoin fixes that.

Imagine someone who decides to send a payment to Africa and the banks require a 12% fee. There is a huge remmitance issue. Bitcoin fixes that.

Imagine someone who wants to prove ownership of their property. There is a bureaucracy issue. Bitcoin fixes that.

Imagine someone who sees their local currency being devastated by the exchange rates against dollar or euro. There is a massive attack on the local currency. Bitcoin fixes that.

Imagine someone who holds lots of money in a bank account. If the government decide to inflate the monetary system, they can print money, causing people's money to lose its value. Bitcoin fixes that.

Imagine lending money to someone and having to trust that they have the money to repay you. There is a trust issue. Bitcoin fixes that. In fact, Bitcoin solves the double-spending problem. Kudos to Satoshi and Adam Back.

I believe in Bitcoin to be a superior monetary system, where everyone is equal. It's not about you and me, it's not about the people that have 100BTC, nor for those that have 100Sats. Every single one of us can be sovereign and maintain their own keys and their own nodes.

Finally, Never forget how it all started "Bitcoin: A Peer-to-Peer Electronic Cash System" - Satoshi Nakamoto.

Lots of similar threads though:

• Do you own 1 Bitcoin? (2022 edition)
• What can 1 Bitcoin buy in your country?
• Do you own 1 Bitcoin?
• 1 Bitcoin, Not for everyone.
• People who holds 1+ Bitcoin, how does it feel to hold in bear market?

I guess the number motivation for this people to hold at least 1 bitcoin (which is hard), is to really make a lot of money or profit in the future as we all know that bitcoin investment is for long term.

^ It is hard to accumulate 1 BTC now because it is very expensive, if you have, you are not a regular investor because you have that large sum in your wallet. I have under 1 BTC, a small amount that only I can afford to hold, I did not easily get panic because I know already the market sentiment and the market movement. I have been here in the crypto market for how many years so now I fully understand if there is a market crash and learned how to hold my asset while the market was in a bad situation. BTC has a smaller fraction than you want, there is no need to have a whole number because that is very expensive, you can even own a worth of $5 in your wallet.

Whether I hold 1 or less or none, I am not confident telling it to anyone.

It is better to keep it private when it is all about someone asking how much I've got.

I feel uncomfortable knowing someone knows how much I have.

Having 1BTC is really big thing. In the past this is quite common that each and everyone who wish to hold 1BTC were able to do it. With the increasing adoption and growth in the global market the demand have increased. With time holding atleast a little serves to be a big investment.

Dear TaxMan, I do not own any bitcoin at all. My wallet is so empty...

People don't sell their bitcoin to thin air, they sell it to someone else. That means many people also bought bitcoin as the price dropped.

The reason is simple: being realistic and having eyes!
Bitcoin is not a cash cow to make you rich nor is it made for profit making. It is a global currency that is made to be censorship resistant and help you gain your financial sovereignty. People who don't just panic sell their bitcoin because price dropped are mostly those who see bitcoin this way. Those who sell are the ones who thought they could become a millionaire overnight by holding a fraction of a bitcoin.

@OP I don't own 1 Bitcoin, but it doesn't mean I'm not a strong holders. If you think a strong holders are only people who own at least 1 Bitcoin, you're wrong. Actually there's many careless big holders who're either weak hands or hold it on centralized exchange.

My advice is you need to sell those centralized shitcoins and convert it to Bitcoin. There's no use cases at all, especially Shiba Inu which is only a meme coin, BNB is a centralized coin that the price depends on their exchange, and XRP is a centralized coin that work like traditional banking system.