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Topic: How many bitcoins do I need to retire in 20 years? - page 157. (Read 320352 times)

legendary
Activity: 1372
Merit: 1252
Buy whatever you can, at whatever the price is. I can afford to lose $1 today for the possibility of $1,000 tomorrow.
This is the mindset my friend. Just not panic off in the following months.
hero member
Activity: 778
Merit: 1002
Buy whatever you can, at whatever the price is. I can afford to lose $1 today for the possibility of $1,000 tomorrow.
member
Activity: 84
Merit: 10
in current price ...70btc is enough for me...to spend my lifetime
sr. member
Activity: 448
Merit: 250
I like the idea of investing the money you would buy a beer or cigarettes with, and instead buying BTC.

I tried a passive investing approach like this a few years ago with my morning Starbucks coffees...i was amazed at how much money i wasted per year.
At the end of that full year i was happy with the silver i bought instead of over priced/bitter coffee.
newbie
Activity: 29
Merit: 0
What do you mean "retire"?  Can't you do that for free anytime you want? 
legendary
Activity: 1400
Merit: 1001
as the first comment says
2 bitcoin will be good seeing the volatile nature of BTC and no future gaurantee
Volatile is a keyword here. Seeing how bitcoin is now constantly under $300 I doubt that future will be so bright. Not without some major reality changing events - like Google accepting bitcoins or some major company like Wal-Mart.
hero member
Activity: 788
Merit: 1000
Are you high? $45 a day for food for 3 people? More like $20. Unless you're 300 pounds and never work out.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
To help you figure it out let's do a little math in USD to figure out a minimum amount of spending power.

To eat in retirement (just to eat) for 2 people, at an average of $5 per meal per person, eating 3 times a day, 365 days a year for 20 years you'll need $219,000. That's just to eat in retirement (and a $5 meal at that!) Now you can figure out how much additional money you'll need to live in retirement and how many bitcoins it might take you to get there based on whatever future price you think is realistic.

Enjoy the saving!
sr. member
Activity: 462
Merit: 250
as the first comment says
2 bitcoin will be good seeing the volatile nature of BTC and no future gaurantee
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
depending on how much can you earn bitcoin
newbie
Activity: 54
Merit: 0
i have 1,7 and i think to buy more for reach  4-5
hero member
Activity: 521
Merit: 500
I am hoping its the exact number I have now Grin

In truth it will never happen, more I have more I would want a richer life.
legendary
Activity: 3248
Merit: 1070
in 2020 you will probably just need 100 at 10k per btc, maybe 1k btc to be safe
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
Every month for a year just buy %10 of your salary worth bitcoin.

It'll be a fortune in 10 years.
or , they'll waste 10% of their salary daily which could've actually gave ehm joy.
Everyone can adjust 10% of their budget. For instance you can use %5 of your budget, it's up to you.

Or You may drink 1 beer less everyweek. so you may buy 5$ worth of bitcoin every week.
What'll you loose? at least you won't loose some of your liver Grin

What you may gain? "luxury life" Grin

Exactly this, you risk barely anything but a little bit of trouble and may be set to gain much money in the longterm with bitcoin. Especially if you use it to invest in bitcoin sites etc as you can still earn money ontop of it.
In 2015 I decided to do something like the beer example.
I'm not drinking alcohol but I'm smoking tobacco (basically I'm an addict).

What am I doing?
I'm basically saving bitcoin as much as I've paid to cigarettes.
For instance I've bought 1 pack cigarette yesterday and it's price was 0.0121 BTC yesterday's price. I'm saving this amount of btc for future.

In january I saved 0.3 BTC for my future. What do I loose? nothing but my lungs Grin
If I got cancer in the future, those btc will cure me I hope Grin
full member
Activity: 308
Merit: 100
Every month for a year just buy %10 of your salary worth bitcoin.

It'll be a fortune in 10 years.
or , they'll waste 10% of their salary daily which could've actually gave ehm joy.
Everyone can adjust 10% of their budget. For instance you can use %5 of your budget, it's up to you.

Or You may drink 1 beer less everyweek. so you may buy 5$ worth of bitcoin every week.
What'll you loose? at least you won't loose some of your liver Grin

What you may gain? "luxury life" Grin

Exactly this, you risk barely anything but a little bit of trouble and may be set to gain much money in the longterm with bitcoin. Especially if you use it to invest in bitcoin sites etc as you can still earn money ontop of it.
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
Every month for a year just buy %10 of your salary worth bitcoin.

It'll be a fortune in 10 years.
or , they'll waste 10% of their salary daily which could've actually gave ehm joy.
Everyone can adjust 10% of their budget. For instance you can use %5 of your budget, it's up to you.

Or You may drink 1 beer less everyweek. so you may buy 5$ worth of bitcoin every week.
What'll you loose? at least you won't loose some of your liver Grin

What you may gain? "luxury life" Grin
hero member
Activity: 700
Merit: 500
Every month for a year just buy %10 of your salary worth bitcoin.

It'll be a fortune in 10 years.
or , they'll waste 10% of their salary daily which could've actually gave ehm joy.
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
Every month for a year just buy %10 of your salary worth bitcoin.

It'll be a fortune in 10 years.
full member
Activity: 167
Merit: 100
100 Btc
1000x5000=5.000.000
sr. member
Activity: 249
Merit: 250
Depends on how many folks need to write to the Bitcoin block chain and how much it will cost in fees to do so.  I think in 20 years, 10 BTC will be a very large holding.
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