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?
I think that if you have at least 100 and we have a price in the future that we somewhat expect now then you should be all right. But do not rely on the Bitcoin only try to save ass much money possible from your day job ass well. 
Topic: How many bitcoins do I need to retire in 20 years? - page 37. (Read 320337 times)
Well, I think 100 BTC is enough, because 1 bitcoin could may go up to over 1 million dollars by the time you retire. Investing in a retirement fund is not a good idea with the fiat currency system in place.
Bitcoin is a much better option.
Bitcoin is a much better option.
not sure where you get the information from that 1 bitcoin can reach a value of $1 million, but it's not going to happen. it's better to set yourself some more realistic price targets. i can see a price of around $10,000 at most, at some point in the far future. if that indeed turns out to happen, then 100btc will be worth $1 million. which is a fantastic amount to retire with.
you need 4 bitcoins to retire in 20 years 
i advice you to buy 4 bitcoins 
i advice you to buy 4 bitcoins Well 4 bitcoins is not enough for you to sustain and retire in 20 years. That's not even enough to survive for 1 year. The price of bitcoin is fluctuating
sometimes up, and sometimes down and we don't know what would be the price of it in the future in 20 years.
So, I would say you need so many bitcoins in able to retire in 20 years.
you need 4 bitcoins to retire in 20 years i advice you to buy 4 bitcoins
i advice you to buy 4 bitcoins Well 4 bitcoins is not enough for you to sustain and retire in 20 years. That's not even enough to survive for 1 year. The price of bitcoin is fluctuating
sometimes up, and sometimes down and we don't know what would be the price of it in the future in 20 years.
So, I would say you need so many bitcoins in able to retire in 20 years.
you need 4 bitcoins to retire in 20 years i advice you to buy 4 bitcoins
i advice you to buy 4 bitcoins As it grows now you won be needing so much and it will grow more so the BTC needed to retire will get lesser and lesser
the price might also drop to be honest and people would need a lot of bitcoins in the future and it will grow more so the BTC needed to retire will get lesser and lesser i think you might need a couple of thousands of bitcoins in order to retire in 20 years
The country I live in I think 50 to 60 btc can really take best care of me in next 20 years, not sure what will be the price but even if its stable on $1k, I can live best life.
yeah I think we have to look at the current price of bitcoin. if the price is more than $ 2,000 bitcoin maybe you need at least 100 more BTC. it will be very profitable and you can buy anything with the money.you have to make a prediction and collect bitcoin according to your target,
No one know some will want to have just one others 1001
Most will be good with 100 in 20 years price might be high enough for all
The question is just buying 100 bitcoins will be enough for him for his future ? because after retirement he can not probably work much and would be dependent on the bought amount of bitcoins. Most will be good with 100 in 20 years price might be high enough for all
You will need a lot of bitcoin if you ask me, the bitcoin can be worth a lot but its also that its not to predict these days because you do not know the future of the bitcoin.
Everything can happen with the bitcoin, it can even disappear for good if you ask me.
Everything can happen with the bitcoin, it can even disappear for good if you ask me.
If you want to live comfortably in retirement, bitcoins are the wrong place to look. Check the history. They've been going down in value all year!
Invest in FacebookCoin or whatever it's going to be called, or maybe just invest in a low cost index fund (since you're talking 20 years down the road).
Invest in FacebookCoin or whatever it's going to be called, or maybe just invest in a low cost index fund (since you're talking 20 years down the road).
Umm, check the history? perhaps you can go back more than a few months? I think the overall return on Bitcoin has been pretty good. from a few cents to over $400 in a few year years? Has any investment in our lifetime been that good?
Facebookcoin? Really? You would trust hard earned money in an account with the kind of "security" Facebook is known for?
The country I live in I think 50 to 60 btc can really take best care of me in next 20 years, not sure what will be the price but even if its stable on $1k, I can live best life.
Wow, thats very low cost of living. I think if you live in a first world countries you need atleast 2000 btc to be able to retire and make 20years of living without doing anything,
You would need so much bitcoins to do this and I think its even that you cannot know the worth in the future so maybe you need less or a lot more its really depending on the price..
As it grows now you won be needing so much and it will grow more so the BTC needed to retire will get lesser and lesser
and it will grow more so the BTC needed to retire will get lesser and lesser There is no specific answer in this question
It depends from the country you live,your lifestyle and the bitcoin price ofc
It all depends upon your location of the world and it's your country's PCI but 100BTC that will be fine for me to live my life happily after retirement. But my retirement may come after 34 years only. It depends from the country you live,your lifestyle and the bitcoin price ofc
For me 100 btc isn't enough at all, because we don't know what's going to be the price of bitcoin for 20 years.
I guess thousand of bitcoins is enough and you need to consider the fluctuation of price and you need to estimate it for 20 years.
So 1k btc I guess is enough.
There is no specific answer in this question
It depends from the country you live,your lifestyle and the bitcoin price ofc
It all depends upon your location of the world and it's your country's PCI but 100BTC that will be fine for me to live my life happily after retirement. But my retirement may come after 34 years only. It depends from the country you live,your lifestyle and the bitcoin price ofc
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?
You should buy like 50 bitcoins or 100 bitcoins and I will suggest to invest them in a transparent and profitable bussiness , this way you grow your bitcoins and at the same time you also earn with price increase.
The country I live in I think 50 to 60 btc can really take best care of me in next 20 years, not sure what will be the price but even if its stable on $1k, I can live best life.
Update: I put 10 coins in deep cold storage. Cryptosteel + safety deposit box. I hope for $50,000 per coin in 20 hears for a half million. I will use the rest of my stash over the next couple years to improve my quality of life and will still buy and use bitcoin whenever I can.
I will update again in 20 years.
I will update again in 20 years.
Good luck with your plans!
Update: I put 10 coins in deep cold storage. Cryptosteel + safety deposit box. I hope for $50,000 per coin in 20 hears for a half million. I will use the rest of my stash over the next couple years to improve my quality of life and will still buy and use bitcoin whenever I can.
I will update again in 20 years.
I will update again in 20 years.
There is no specific answer in this question
It depends from the country you live,your lifestyle and the bitcoin price ofc
Yeah youre right, the price of bitcoin is the only main thing for you to save a lot or few btc.It depends from the country you live,your lifestyle and the bitcoin price ofc
If you have save a lot of btc but price is low its worthless,unlike saving some but the price is on the top it would be better.
No one is sure what will be the price of bitcoin after 20 years, but it will be always good to have more coins in wallet, so even if price is not too high, still we can expect good and comfortable life.
Jump to: