Topic: How many bitcoins do I need to retire in 20 years? - page 149. (Read 320352 times)
Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
buy all you can, a 100$ million retirement is better than a 10 $ million retirement 
This is the right answer if bitcoin does not go to 0.
People who are trying to use the current price of bitcoin to answer the question clearly lack reading comprehension and common sense.
Agreed. But this is the internet. Blindly pushing your own point of view out there is far more important than considering and responding to the original point.
People who are trying to use the current price of bitcoin to answer the question clearly lack reading comprehension and common sense.
I think if you have 1000 btc you can retire on an island!
i live on an island and it would take approximately 15,000 btc to retire.
1$ = 36 Mur
houses are sold approximately for 1000btc ( a proper house )
1btc is enough for 1 week of food maybe even 2 weeks.
1btc = normal clothes (50 tshirts and 10 jeans)
proper cars since you want to really have a good time = 700-1000 btc
and the rest will go for your daily activities for the following 10-15 years or so, provided you convert the coins right now, because we never know what the price might be in 10 years. high up, or obsolete.
buy all you can, a 100$ million retirement is better than a 10 $ million retirement
One more...
I guess 25 BTC or more is good
I think if you have 1000 btc you can retire on an island!
You`d be correct, if the value stays high, but what if drops back down lol.
Now you cant retired on a island, but have to retire in a $30k house somewhere thats affordable near you. Thats the difference between the value if it drops by $100-500 prices. Since most wont know if the price value will always stay high, I say you need focus on fiat 1st then anything else still.
If I was to retire, and have bitcoins fund my retirement, I'd have at least 20 BTC. I take the price of a bitcoin into consideration too, just in case it decides to not reach as high as before.
I like 21 BTC better, it's the magic number, because of the total 21 Million coins. With 21 you enter the "Million" group.
That's a loaded question and also a reason why the value may stay low.
Buy them, spend them, make useful applications for them. Bitcoin is still a toddler, help it grow.
Buy them, spend them, make useful applications for them. Bitcoin is still a toddler, help it grow.
I think if you have 1000 btc you can retire on an island!
I d say 200 would get you in the safe side. Each should be worth $10k by then.
If everyone on earth would like to put his retirement savings into bitcoin, he can get maximum 0.003 BTC
If only 1/100 of the people on earth will do this, then getting 0.3 BTC should be enough
If you want to diversify and only hold 1/10 of your portfolio in bitcoin, get 3 BTC and sell the rest 2.7 BTC
If only 1/100 of the people on earth will do this, then getting 0.3 BTC should be enough
If you want to diversify and only hold 1/10 of your portfolio in bitcoin, get 3 BTC and sell the rest 2.7 BTC
If I was to retire, and have bitcoins fund my retirement, I'd have at least 20 BTC. I take the price of a bitcoin into consideration too, just in case it decides to not reach as high as before.
If Bitcon will never reach as it was in past, then you will have lousy life with 20 BTC saved.
If I was to retire, and have bitcoins fund my retirement, I'd have at least 20 BTC. I take the price of a bitcoin into consideration too, just in case it decides to not reach as high as before.
My current estimate would be 10 Bitcoins.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think you are going to need a lot more than 10 BTC if you want to live comfortably. It really all depends on how much money you need each month to retain your current lifestyle...
All I know is I am trying to make as many btc as I can. I spend a little here and there, but mostly I'm hoping that, in the long run, just a few will be worth quite a sum.
My current estimate would be 10 Bitcoins.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think you are going to need a lot more than 10 BTC if you want to live comfortably. It really all depends on how much money you need each month to retain your current lifestyle...
You don't know pal. It might be enough to have a good relaxed life if BTC succeeds. I mean 20 years from now is a long time.Have a look how much the internet and technologies in our daily life had evolved in that time.
Imo everything is possible.
Just remember:Laszlo bought a pizza for 10.000 BTC 5 years ago. Do the math and be surprised how expensive this Pizza would be today, or how much of these 10.000 BTC he would have needed now to buy a pizza worth 10 bucks.
My current estimate would be 10 Bitcoins.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think that is a fair estimate.
The more time that goes by, the less coins you will need.
I think you are going to need a lot more than 10 BTC if you want to live comfortably. It really all depends on how much money you need each month to retain your current lifestyle...
Well, I believe 1000 bitcoins would be enough to retire. At least for me. So, try to collect this amount of BTC and you could retire and never work again.
same, but there is a risk involving the fact that bitcoin may be non-existing anymore in the future, replaced by something else
if someone can accumulate that fortune early would be better, the price should be already high, in 5-10 years from now, no need to wait 20...
You cannot isolate a market from the economy. It may or may not reach that, but it all depends how the global economy performs, and in my opinion its close to collapse.
Yes the next crisis is only months away, although i dont know if they can stall it any longer, but even though in this crisis we can see a significant increase in bitcoin's price.
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