Author

Topic: How many bitcoins do I need to retire in 20 years? - page 105. (Read 320337 times)

hero member
Activity: 770
Merit: 500
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.

I think it also depends on how much money you need to live in your retirement stage. If you need a lot of money then you're going to need more.
Also depends on what country you live in, incase bitcoin doesn't adapt as we all wish for it to be.

For some country 100BTC is more than enough, because is so cheap there.
Where I live now everything is just expensive, so I am just planning when I am old I just retire in a country that I can live with just 100BTC.
with a growing price of bitcoin in the future... 100-300 BTC is quite good in my country Grin

If I may ask where do you live? How good is the daily routine in your country like work?
Because when I am 40 maybe I can retire there. But I think you live in asia right?
yeah asia Grin vietnam to be exact if you live comfortably enough, and the price of bitcoin when you retire is 1000-2000 which is likely to happen then it's enough I think Grin
sr. member
Activity: 476
Merit: 250
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.

I think it also depends on how much money you need to live in your retirement stage. If you need a lot of money then you're going to need more.
Also depends on what country you live in, incase bitcoin doesn't adapt as we all wish for it to be.

For some country 100BTC is more than enough, because is so cheap there.
Where I live now everything is just expensive, so I am just planning when I am old I just retire in a country that I can live with just 100BTC.
with a growing price of bitcoin in the future... 100-300 BTC is quite good in my country Grin

If I may ask where do you live? How good is the daily routine in your country like work?
Because when I am 40 maybe I can retire there. But I think you live in asia right?
hero member
Activity: 770
Merit: 500
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.

I think it also depends on how much money you need to live in your retirement stage. If you need a lot of money then you're going to need more.
Also depends on what country you live in, incase bitcoin doesn't adapt as we all wish for it to be.

For some country 100BTC is more than enough, because is so cheap there.
Where I live now everything is just expensive, so I am just planning when I am old I just retire in a country that I can live with just 100BTC.
with a growing price of bitcoin in the future... 100-300 BTC is quite good in my country Grin
sr. member
Activity: 476
Merit: 250
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.

I think it also depends on how much money you need to live in your retirement stage. If you need a lot of money then you're going to need more.
Also depends on what country you live in, incase bitcoin doesn't adapt as we all wish for it to be.

For some country 100BTC is more than enough, because is so cheap there.
Where I live now everything is just expensive, so I am just planning when I am old I just retire in a country that I can live with just 100BTC.
hero member
Activity: 616
Merit: 500
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.

I think it also depends on how much money you need to live in your retirement stage. If you need a lot of money then you're going to need more.
Also depends on what country you live in, incase bitcoin doesn't adapt as we all wish for it to be.
full member
Activity: 182
Merit: 100
Pollak
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin

Yeah that is a nice start to get bitcoins, always have a target what you want with bitcoin.
Me personally I want as minimal 50BTC in the future.
hero member
Activity: 770
Merit: 500
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
although 21 bitcoins may be not enough but you have a great targer there! goodluck Grin
hero member
Activity: 658
Merit: 500
My aim is to accumulate 21 bitcoin so that no more than 1 million people can have more bitcoin than I. If bitcoin is widely used then, I can retire comfortably.
newbie
Activity: 4
Merit: 0
Honestly, bitcoin is such a versitile and unpredictable currency, I don't think anyone could answer with 100% sureness
sr. member
Activity: 322
Merit: 250
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

It all depends on how much you have and how much the bitcoin is worth at that moment.
I think a 1000 should be enough to become a millionaire.
full member
Activity: 224
Merit: 100
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

Yeah but again it depends on time and market situation because people who has saved Bitcoin when it's value for very less are now very rich because now the value of BTC is approx $411 so have handful of bitcoins it could either make you a millionaire or a loser.

I hope millionaire, because this will be the nice think about bitcoin that just can increase or go down that you can buy more.
So that in the future you can be luckt that increase.
legendary
Activity: 1512
Merit: 1011
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

Yeah but again it depends on time and market situation because people who has saved Bitcoin when it's value for very less are now very rich because now the value of BTC is approx $411 so have handful of bitcoins it could either make you a millionaire or a loser.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
well you should check the bitcoin price right now. Assume that you have 1000 bitcoins, you are owning 1000*420=420000 US dollars, nearly half a million already my friend! why can you be so sure? if you work hard that number is not far away

good point in 20 years this has to be at least double so you will have around 1 million dollars nice round number.
legendary
Activity: 1442
Merit: 1016
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

Why isn't that possible in your opinion?
Bitcoin is still very tiny and a baby to all these other giants.
Bitcoin can and will have so many use cases and disrupt so many markets and industries that imo someone would be very short sighted or blind not to see this huge huge potential!
There are several known guys in this space who believe that Bitcoin could be worth 6 figures and more.These are also heavily invested in Bitcoin.They aren't just talking, they have much skin in the game.
hero member
Activity: 756
Merit: 500
im assuming you are going to make profit based on the money you would make if the prices went up.

if bitcoin increases 5x in price from what is today you would need 474 coins.

if bitcoin increases 10x in price from what is today you would need 237 coins.
hero member
Activity: 770
Merit: 500
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
well you should check the bitcoin price right now. Assume that you have 1000 bitcoins, you are owning 1000*420=420000 US dollars, nearly half a million already my friend! why can you be so sure? if you work hard that number is not far away
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

I don't agree with you my friend. Bitcoin has already made many millionaires and it will make even more millionaires in the future!

We have just started here! I strongly believe in this!
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
At the rate Bitcoin is already growing. Around 5 Bitcoin to be on the safe side.

not just five
it how much you want to have when you retire if just 5 is good then ok if not i personally prefer more 25 or so to keep it on safe
hero member
Activity: 1022
Merit: 538
At the rate Bitcoin is already growing. Around 5 Bitcoin to be on the safe side.
legendary
Activity: 1232
Merit: 1000
This is hard to predict as we don't know the bitcoin price in 20 years. It may well be that 1 bitcoin is enough, depending on the price rise.  Perhaps wel'l have a day where you can buy a nice meal for 100 satoshis  Smiley

yes this is difficult and no one can predict the next 20 years, could be have been bitcoin the next 20 years no longer exists. but I hope bitcoin live forever Cheesy
Jump to: