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Topic: How many bitcoins do I need to retire in 20 years? - page 32. (Read 320337 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I 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.
If you are ambitious enough you would not be contented with the amount of $800 dollars, it is a long way to go my friend, we are talking of 20 year so expect the price to double or even x10.
hero member
Activity: 756
Merit: 501
I 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.
sr. member
Activity: 420
Merit: 250
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 better
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
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?

actually i think that you should get as much as you can, like prepare for future, buy them when they are cheap, sell all other cryptos to have more bitcoins, and just keep them

but to be very safe, i think you should have atleast 3 bitcoins, since their price in 20 years should be very large, you should live normal life with these bitcoins
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
It depends on many thing, first is that when you want to sell your bitcoins and how is your life style?
of course sell it in 20 years to come? and I'm not so wasteful with my finances. may I use at least $ 5 a day? What do you think about this ?
Honestly i am not setting when i sell bitcoins im am relaying in the price of bitcoin we don't know what will happen in bitcoin so present is the best to relay how much will be price of bitcoin.. so i think this coming block halving many people are selling their bitcoin if the price hit above 700 value..
sr. member
Activity: 476
Merit: 250
It depends on many thing, first is that when you want to sell your bitcoins and how is your life style?
of course sell it in 20 years to come? and I'm not so wasteful with my finances. may I use at least $ 5 a day? What do you think about this ?
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
We can speculate all day bottom line is the more coin we have the better
full member
Activity: 203
Merit: 100
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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.

The price will be at least 1000 times more than current price in 20 years. So you need fewer than 100 coins.
legendary
Activity: 1204
Merit: 1028
if you want to retire in 20 years you need allot of bitcoins if the bitcoin value will still be the same as now off course.
|Otherwise the price of the bitcoin needs to be that high that you only need a couple of them but we should never know what the price will be

In 20 years, the price of bitcoin could be $250,000 each, so you need 20 bitcoin to have a very good life.
Well but expecting too high price and hence saving a small amount of bitcoins might cause trouble later. You should save according to the price right now and hence save at least 100 bitcoins for your retirement.
sr. member
Activity: 434
Merit: 251
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.
sr. member
Activity: 1008
Merit: 297
Grow with community
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?

for me, you need to have at least 200 BTC in your wallet in order to have a decent retirement, I actually based this on BTC pricing from the last 7 yrs, if there is a price increase and decrease it would probably not too high that may reach about $1000 each and below $200 so thats my bet.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
To be honest it is all going to depend on the price of the Bitcoin at that time and it is impossible to predict the price of the Bitcoin over 20 years.
That is the thing with Bitcoin we are waiting for the future but we do not even know if the waiting is going to pay off.
There is now way that we be able to know that because it do depends on the price like you sad. You can have thousand Bitcoin but if the price per Bitcoin is just $5 then you are not going to be rich.
That is the thing with Bitcoin we are waiting but it is not sure if we are going to see results.

Well we can't go back to the past where the price of bitcoin is $5 that time. What we need to do now is go with flow of what is happening with bitcoin.
And if you want to be rich with bitcoin then you must work hard and the earnings you can get just save it for your retirement for 20 years.
Save as many as you can for 20 years.
hero member
Activity: 546
Merit: 500
To be honest it is all going to depend on the price of the Bitcoin at that time and it is impossible to predict the price of the Bitcoin over 20 years.
That is the thing with Bitcoin we are waiting for the future but we do not even know if the waiting is going to pay off.
There is now way that we be able to know that because it do depends on the price like you sad. You can have thousand Bitcoin but if the price per Bitcoin is just $5 then you are not going to be rich.
That is the thing with Bitcoin we are waiting but it is not sure if we are going to see results.
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
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.

We don't know what is going to be the price of bitcoin after 20 years. But I think 10 bitcoin is not enough for that to live your life after retiring.
I would suggest  that maybe thousands of bitcoin is enough for you to enjoy your retirement with bitcoin.
hero member
Activity: 826
Merit: 1000
if you want to retire in 20 years you need allot of bitcoins if the bitcoin value will still be the same as now off course.
|Otherwise the price of the bitcoin needs to be that high that you only need a couple of them but we should never know what the price will be
May be you can invest bitcoins and relax for retirement, for example open a bitcoin based casino and then just relax. Because that will give you steady profits for a longer time and not much risk too. Because I have seen many gambling house owners are becoming millionaire very easily compared to any other business.
hero member
Activity: 994
Merit: 502
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.
to live a simple life you don't want much coins, if you want a decent and luxury lifestyle then you need more than 20 coins.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
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.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
It depends on many thing, first is that when you want to sell your bitcoins and how is your life style?
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
To be safe, get two Bitcoins.


lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be

safe side get 5

if it will peak to 2,000,000$ i`m fine with onl 0.5 btc Smiley
Not gonna happen, that is too unrealistic and you must be dreaming, if that price will be reach then I will be having a problem then, a problem how to spend my money because I have already invested 10BTC as of today.
Hey mate, dont underestimate bitcoins, because once the price of bitcoins was in cents and if it can grow to thousands time then still it can grow that much. Though yes its very very tough.
hero member
Activity: 798
Merit: 1000
To be honest it is all going to depend on the price of the Bitcoin at that time and it is impossible to predict the price of the Bitcoin over 20 years.
That is the thing with Bitcoin we are waiting for the future but we do not even know if the waiting is going to pay off.

Off course it will depend on the price of bitcoin in future, if price reaches in millions then even 10 btc can take care of you and if price drops even 100 btc cannot take care of you.
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