Author

Topic: How many bitcoins do I need to retire in 20 years? - page 134. (Read 320352 times)

hero member
Activity: 532
Merit: 500
21 or more, Get to the 1 in a million club and you'll be sitting comfy in 20 years.
sr. member
Activity: 593
Merit: 250
buy 100 coins now and wait for price to go to 10k. the surest way is just get in now while it's cheap with enough capital.
hero member
Activity: 499
Merit: 500
21 the lucky number Wink assuming that bitcoin is going to keep increasing in value until it reaches global adoption. That's easily an increase in value by 100 times or more, likely more with even moderate estimates. (We're being optimistic, I'm assuming wide-spread adoption.)
tyz
legendary
Activity: 3360
Merit: 1533
The question is: How much do you need in 20 years in fiat money in order to finance your retirement?
Lets say $500k and we expect an annual average value growth rate of 10% for Bitcoin.

Using discounting formula, you need Bitcoins worth of $74.321 today. Around BTC250.
sr. member
Activity: 246
Merit: 250
Somewhere in the range 50-100 is my guess. My crystal ball says the price will be not less than 10k USD
in 20 years
sr. member
Activity: 414
Merit: 250
Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.
that's a good strategy too, at least you are acquiring within this current range. I personally consider sub$300 cheap
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Maybe invest on LTC could be good idea too.....
Well there is always the off chance of a bubble pop if you enter at this price but in 20 years that could be a trivial thing to worry about.
legendary
Activity: 938
Merit: 1000
Maybe invest on LTC could be good idea too.....
legendary
Activity: 1036
Merit: 1000
Thug for life!
What is the average amount most people retire with is the question, well plus the factor of cost of living in each country is different, social status either middle class retirement or high class retirement i know most of us want a High class retirement package so lets say enough so you could be in a high class retirement status no matter what country.
legendary
Activity: 1372
Merit: 1123
I think 50 btc is the great number, Bitcoin will easily surpass $10,000 in the next 20 years.
I know, 20 years is like forever. Cheesy
hero member
Activity: 714
Merit: 500

 Sometimes shit doesn't work out, take it like a MAN

Shit, that sounds so sexist Tongue ANYWAY, there is win and loss in everything at life. Be it game, business or relationships. You cna only percceive what has happened, act on what should happen now and plan for what should happen next. There is absolutely no profit at living in the past... Some of my investments have nearly destroyed my life while some has made me successful for the wise decisions. Its all a game, a gamble Wink
sr. member
Activity: 350
Merit: 250
I remember at first months of this year some peoples said that BTC was died, same LTC, and now I dont see somebody saying same thing.

Hahah, haters gonna hate bro. They only come around when there is negativity in the media or when they go hard on their investment, panic and fucking lose it rather than holding, then they get mad and break things, feel like their life is destroyed. They go back to bitcoin forums and try to convince people how it is bad for them, trying their own little ways to kill bitcoin, but bitcoin doesn't give a fuck. its the king currency.

Yeah, I don't see trolls when bitcoin is booming, they only come around when they lose shit with bad trades and stupid unwise decisions. I don't understand why do they have to demotivate and spread their negativity everywhere just because they lost some shit man. Its maths, its patience and its luck. Sometimes shit doesn't work out, take it like a MAN
full member
Activity: 199
Merit: 100
Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.

It will happen.

It will happen when you dont sell your bitcoins in 3 years at 20.000 Dollar  Wink

But i bet 99% will do this, i will wait from now to 2021 and see what will happen,
because with 20.000 Dollar per bitcoin i can not go in retire.  Smiley


yea I will probably be selling way before the 20k mark. Hoppfully I will be sticking to the bitcoin savings plan ( https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065 ) and not get to greedy to fast.
hero member
Activity: 994
Merit: 1000
I remember at first months of this year some peoples said that BTC was died, same LTC, and now I dont see somebody saying same thing.

Hahah, haters gonna hate bro. They only come around when there is negativity in the media or when they go hard on their investment, panic and fucking lose it rather than holding, then they get mad and break things, feel like their life is destroyed. They go back to bitcoin forums and try to convince people how it is bad for them, trying their own little ways to kill bitcoin, but bitcoin doesn't give a fuck. its the king currency.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
Alright but 4000 bitcoin is at the current price.

If it goes just to 10.000$ which is higly probable then you will only need 100 pieces.

Simple as that.
legendary
Activity: 3248
Merit: 1070
The amount of bitcoins you need to retire in 20 years is exactly the amount of money/fiat you need to retire in xyz years. There is no definite amount since there are no definite life choices, scenarios or situations you have described. Assuming you are as human as I am, no amount of money is ever enough and everybody wants a fucking decent lifestyle once they are old and not so bold. I'd say go for as much as you can afford to lose. NO EXPECTATIONS = HIGH REWARDS always.

well not true, because bitcoin has a very good potential to rise, so no you can't comapre fiat to it, and saying for example that you need 1M in fiat to retire, hence you need 4000 btc to retire right now...
legendary
Activity: 938
Merit: 1000
I remember at first months of this year some peoples said that BTC was died, same LTC, and now I dont see somebody saying same thing.
legendary
Activity: 1946
Merit: 1007
Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.

It will happen.

It will happen when you dont sell your bitcoins in 3 years at 20.000 Dollar  Wink

But i bet 99% will do this, i will wait from now to 2021 and see what will happen,
because with 20.000 Dollar per bitcoin i can not go in retire.  Smiley

If it was for sure that bitcoin would be worth 20000 USD, everybody would now buy enough btc to retire Wink At 20000 USD it is definately possible to retire, as long as you hoard enough.
legendary
Activity: 3346
Merit: 3125
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?

The answer of this question is based in how much will cost the BTC in 20 years, and we can't know that. If you invest 10 btc and prize go up to $1000 again you will have a profit of ~$750 x 10 = $7500.

There comes the second question, ¿How much you need for your retire?...

At last your question is hard to reply because there is some facts that only time can give us the right answer.
legendary
Activity: 1386
Merit: 1000
Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.

It will happen.

It will happen when you dont sell your bitcoins in 3 years at 20.000 Dollar  Wink

But i bet 99% will do this, i will wait from now to 2021 and see what will happen,
because with 20.000 Dollar per bitcoin i can not go in retire.  Smiley
Jump to: