Topic: How many bitcoins do I need to retire in 20 years? - page 31. (Read 320352 times)
I would say 50 bitcoins! In 20 years it will be around 10k and 500 grand is enough to retire imo
My advice is get bitcoin as much as you can. You never know what bitcoin will be worth in 20 years or so.
So, it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
So, it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
Its not good to hold our coins for next 20 years, if you want to earn profits from it then buying and selling should be done on regular basis, higher price will give you profits and lower price will give buying opportunity.
My advice is get bitcoin as much as you can. You never know what bitcoin will be worth in 20 years or so.
So, it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
So, it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
1 BITCOIN 
That is too optimistic. I think we need at least 10 bitcoin. I reckon the price of each bitcoin will be between 100 to 200k US dollars.
After 20 years 1 bitcoin will definitely not help you in getting rich or having good retired life as its difficult to imagine price reaching to the moon, at least we need 50 bitcoins to have a good life.
I suppose you are right. Bitcoin has a great potential but the time for millionaires is over. I don't see investing in bitcoin making you a millionaire now.
1 BITCOIN
That is too optimistic. I think we need at least 10 bitcoin. I reckon the price of each bitcoin will be between 100 to 200k US dollars.
After 20 years 1 bitcoin will definitely not help you in getting rich or having good retired life as its difficult to imagine price reaching to the moon, at least we need 50 bitcoins to have a good life.
If it's for your retirement after 20 years I would not recommend to you buying bitcoins right now. We do not know if bitcoins is still there 20 years after. But if you are really willing to buy 1 to 5 btc will do, but you should not leave it alone. You should monitor the market and don't let your btc sleep in your wallet just to be sure that after twenty years of bitcoin activity you have sufficient funds for your retirement.
No one is sure with the future of bitcoins but at least we live on what we believe to achieve, the amount you put in terms of BTC on your retirement will determine how much you trust bitcoin in the future as you gamble for it.It would be unwise to invest all your money into bitcoin hoping it will flourish some day. I did invest around 10% of my funds into bitcoin, and honestly all that i get back i consider as a bonus.
Because bitcoin is the same as venture capital, The amount of risk vs reward can be compared with gambling and thus I wrote it off.
1 BITCOIN
That is too optimistic. I think we need at least 10 bitcoin. I reckon the price of each bitcoin will be between 100 to 200k US dollars.
If it's for your retirement after 20 years I would not recommend to you buying bitcoins right now. We do not know if bitcoins is still there 20 years after. But if you are really willing to buy 1 to 5 btc will do, but you should not leave it alone. You should monitor the market and don't let your btc sleep in your wallet just to be sure that after twenty years of bitcoin activity you have sufficient funds for your retirement.
No one is sure with the future of bitcoins but at least we live on what we believe to achieve, the amount you put in terms of BTC on your retirement will determine how much you trust bitcoin in the future as you gamble for it.
If it's for your retirement after 20 years I would not recommend to you buying bitcoins right now. We do not know if bitcoins is still there 20 years after. But if you are really willing to buy 1 to 5 btc will do, but you should not leave it alone. You should monitor the market and don't let your btc sleep in your wallet just to be sure that after twenty years of bitcoin activity you have sufficient funds for your retirement.
Maybe in 20 years they developed something else for paying.
For me 100 bitcoins is enough amount to have a mid class life when you retire. And it's better if you use at least 10 or 15 bitcoin from that 100 to be a capital to be able to start running your own business because business is one of the best way to continue making money and in business also you controlled your time and you are the boss .
. With price like nowdays, around $650 at my opinion you need around 10000 bitcoins, but it's also depends on country where you will live in future.
I thought it was too big. I'm sure you will not be able to collect bitcoin much. although in 20 years. so better to use targets that may occur dude ? it will be betterI agree with you. The problem is how to earn that many bitcoins for retire to the next 20 years. 10000 bitcoin are so many though, but if you are a rich man, you can easily buy bitcoin and no need to earn it.
It's too hard to say now what they will be worth in 20 years. I think you should diversify in several types of investments, not just bitcoins. Maybe try to get 10 bitcoins, but put some money in stock, bonds, and gold as well.
With price like nowdays, around $650 at my opinion you need around 10000 bitcoins, but it's also depends on country where you will live in future.
I thought it was too big. I'm sure you will not be able to collect bitcoin much. although in 20 years. so better to use targets that may occur dude ? it will be betterI believe the number of bitcoin should be around 100-300 bitcoins should be enough for sure to retire believing that the price will hit soon the 800 dollars .But to have such amount nowadays only buying on investing with some kind of project.
I think the price of bitcoin in the future will exceed $ 800. so maybe you could earn more if you could collect 100-300 BTC now I need very much bitcoin to develop a business that I wake up, I think in 2020 I also still need bitcoin to make my business more widespread, and maybe I need bitcoin depends on the price, if I could I would collect bitcoin as much today for my needs in 2020 to come. I hope, I have bitcoin more than 100 BTC at the time
I would say 100 bitcoin is enough after 20 years for retirement if the price of bitcoin is going to be $10,000 but if not that is not enough to sustain your daily living for enjoyment for the remaining days of your life in this world.
100btc is indeed a great amount to have for the long term. the only problem nowadays is that the majority of the people can't afford to buy that many coins as the price has gone up significantly throughout the years. fact is that a lot people already struggle to collect themselves 1 whole bitcoin. it will only get harder and harder as the price will increase further in the coming years.
It depends on many thing, first is that when you want to sell your bitcoins and how is your life style?
Exactly, your lifestyle will determine your satisfaction. If you just want a simple lifestyle and that would be good because you value more your family than money, 10 BTC would be enough for you.
now I need very much bitcoin to develop a business that I wake up, I think in 2020 I also still need bitcoin to make my business more widespread, and maybe I need bitcoin depends on the price, if I could I would collect bitcoin as much today for my needs in 2020 to come. I hope, I have bitcoin more than 100 BTC at the time
I would say 100 bitcoin is enough after 20 years for retirement if the price of bitcoin is going to be $10,000 but if not that is not enough to sustain your daily living for enjoyment for the remaining days of your life in this world.
now I need very much bitcoin to develop a business that I wake up, I think in 2020 I also still need bitcoin to make my business more widespread, and maybe I need bitcoin depends on the price, if I could I would collect bitcoin as much today for my needs in 2020 to come. I hope, I have bitcoin more than 100 BTC at the time
1 BITCOIN
That is too optimistic. I think we need at least 10 bitcoin. I reckon the price of each bitcoin will be between 100 to 200k US dollars.
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