otherwise between 100-10000 bitcoins things should be okay for a retired bitcoiner
Topic: How many bitcoins do I need to retire in 20 years? - page 13. (Read 320309 times)
The number of bitcoins will depend on the kind of life style you would want to live...you can consider using the bitcoins to set up your own company(s) maybe set up a family farm....The options are endless
otherwise between 100-10000 bitcoins things should be okay for a retired bitcoiner
otherwise between 100-10000 bitcoins things should be okay for a retired bitcoiner
That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
20 years is very long long time and i think you will need more than 100 bitcoins for the next 20 years, but you also need to count how many the percentage of the inflation on that years and many things.
i think to hold a bulk amount of btc is not safe because there is also a chance that country in which you live will ban the use of bitcoins than what will happwn you will sell your btc at kow price . so if you are looking to hold much btc for 20 year for profit then left your idea .
Something around 50 btc may be enough, but it is not so easy to reach that amount.
That would still depend on how much bitcoin is at that time and what kind of lifestyle you choose to live. If ever you plan on retiring after 20 years, you would need to acquire an average of two and a half bitcoins a year. That's really not hard to accomplish if you are regularly buying and earning bitcoins. 
In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.
I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates...
In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.
I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates...
i need atleast 100
100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years.
I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit.
Exactly and if you believe that cloud mining sites will operate for next 20 years then that will never happen, in fact they will run away in short term when they find enough investors.
This would be a difficult question to answer because everybody's situation is different thus causing you to rethink how much you will need everytime the value of bitcoin changes.
It could be 100btc one day while the next time it changes it could be 120btc.
It varies too much to give a definite number.
It could be 100btc one day while the next time it changes it could be 120btc.
It varies too much to give a definite number.
Something around 50 btc may be enough, but it is not so easy to reach that amount.
If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job.
Actually that works for me. i already have 3btc and counting for just 1 year.
40-50 BTC, might be enough if you live alone, But do you not think, when you become old, you will have many children and grandchildren. so at least you need a lot of money for the future. but depending on the price of bitcoin in the future, if at least could reach $5k-10k, 40-50btc highly enough for the future.
If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job.
Actually that works for me. i already have 3btc and counting for just 1 year.
40-50 BTC, might be enough if you live alone, But do you not think, when you become old, you will have many children and grandchildren. so at least you need a lot of money for the future. but depending on the price of bitcoin in the future, if at least could reach $5k-10k, 40-50btc highly enough for the future.
I think it's very huge amount of coins, anyway you need to tell us what prices do you have in your country, and other stuff to calcualte, very hard to say without it.
did you've seen the difference in price is far from any exchange, I do not think it's just a little difference so all is determined solely by how much the price per one bitcoin in the future.
I think it's very huge amount of coins, anyway you need to tell us what prices do you have in your country, and other stuff to calcualte, very hard to say without it.
If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job.
Actually that works for me. i already have 3btc and counting for just 1 year.
If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
20 years is as much on the big lines that predict the situation on the currency market is very difficult. If you take specific bitcoin, this waltz on many unstable, on the one hand it is possible for this time to become fabulously wealthy as well as on the other hand is completely ruined.
Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.
I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.
Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.
but I also would not hold too long, if I am satisfied with the price, I also better to sell.
Risktakers would surely hold those coins for sure for a long time because they have high hopes in bitcoin that it would increase its price into the moon and make them millionaires in the future, same as you said i would sell my coins in the price that i could see that im profitable enough.
if I have a lot of savings, I dare to take all the risks on bitcoin, because when something bad happens, I do not have to be sad, I still have a lot of money. but if you do not have a savings, then take the risk. when all was lost. you have nothing and it could be crazy.
100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years.
I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit.
Exactly and if you believe that cloud mining sites will operate for next 20 years then that will never happen, in fact they will run away in short term when they find enough investors.
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