Topic: How many bitcoins do I need to retire in 20 years? - page 5. (Read 320309 times)
There is one thing that i know and that is that you need to have allot bitcoins to retire in 20 years for now the bitcoin price is just 600 dollar and i dont think you can get any higher with it because no one is spending
I'm sure you will need many bitcoins to retire in 20 years. 20 years are very long time, maybe you need around 1000 bitcoins. It's depend on yourself though, if you can live with low life, you only need less bitcoins.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
you cannot just put an investment to a strange random altcoin ,will be better to invest on a well-known coin like bitcoin ,
it has a bright future rather than any other cryptocurrency ,
you need to make a reserch , but i can suggest the best altcoin to invest so far are ethereum.
Yeah and we cannot afford to hold our altcoin for a long term as it is very risky as we are not sure how long it will survive but we can surely hold bitcoins in long term.
isn't it a principle base of investment? no risk no profit ,
everything will worth to the risk you take , so take it easy ,
you just need to put a little money for long term investment on ethereum.
Agree if you dont risk at all then you cant earn much or you cant earn anything! Trading is a business ! taking risk is normal so that you can earn pretty lot from it!. If you are really into trading then you should risk your bitcoin or money! It is useless thing if you dont risk at all.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
you cannot just put an investment to a strange random altcoin ,will be better to invest on a well-known coin like bitcoin ,
it has a bright future rather than any other cryptocurrency ,
you need to make a reserch , but i can suggest the best altcoin to invest so far are ethereum.
Yeah and we cannot afford to hold our altcoin for a long term as it is very risky as we are not sure how long it will survive but we can surely hold bitcoins in long term.
isn't it a principle base of investment? no risk no profit ,
everything will worth to the risk you take , so take it easy ,
you just need to put a little money for long term investment on ethereum.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
not good option most are just dead after launch and it better then to buy them and sell them when price first time jump
That is the right way to play with altcoins, and I don't think anyone will prefer to hold them for a long time as everyone is aware that it can die even within next few hours.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
not good option most are just dead after launch and it better then to buy them and sell them when price first time jump
That is the right way to play with altcoins, and I don't think anyone will prefer to hold them for a long time as everyone is aware that it can die even within next few hours.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
not good option most are just dead after launch and it better then to buy them and sell them when price first time jump
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
you cannot just put an investment to a strange random altcoin ,will be better to invest on a well-known coin like bitcoin ,
it has a bright future rather than any other cryptocurrency ,
you need to make a reserch , but i can suggest the best altcoin to invest so far are ethereum.
Yeah and we cannot afford to hold our altcoin for a long term as it is very risky as we are not sure how long it will survive but we can surely hold bitcoins in long term.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
you cannot just put an investment to a strange random altcoin ,will be better to invest on a well-known coin like bitcoin ,
it has a bright future rather than any other cryptocurrency ,
you need to make a reserch , but i can suggest the best altcoin to invest so far are ethereum.
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
I guess 10 BTC was very little for the next 20 years. BTC maybe we should have more than that. bitcoin prices are likely in the next 20 years will be very high, so if you can collect a minimum of 100 BTC at the time, maybe you can build a business that is promising and could make you enjoy their old ageYeah you are right. 10 BTC would not be enough and we do not know how will it cost after 20 years. As long as we can earn then we should earn. I would not stop until I make myself clear and secure that I could make myself comfortable before retiring. I wish I could retire earlier and have a life that I want.
i suggest you better buy alt coin or any upgrowing coin in beginning stage, and put it i cold storage..
If to retire today you'd be satisfied with $2,000,000 you'll need around 200 BTC in 20 years IMO. Of course there are some predictions that Bitcoin will cost $100k or even $500k in 20 years, but I think $10k per coin is much closer to reality.
The real issue is not how much dollars bitcoin will be worth but what can you by with that amount of dollars, if bitcoin is worth 10k dollars but with those 10k you can only buy a bread loaf then bitcoin is not worth much. If to retire today you'd be satisfied with $2,000,000 you'll need around 200 BTC in 20 years IMO. Of course there are some predictions that Bitcoin will cost $100k or even $500k in 20 years, but I think $10k per coin is much closer to reality.
The real issue is not how much dollars bitcoin will be worth but what can you by with that amount of dollars, if bitcoin is worth 10k dollars but with those 10k you can only buy a bread loaf then bitcoin is not worth much. If to retire today you'd be satisfied with $2,000,000 you'll need around 200 BTC in 20 years IMO. Of course there are some predictions that Bitcoin will cost $100k or even $500k in 20 years, but I think $10k per coin is much closer to reality.
The real issue is not how much dollars bitcoin will be worth but what can you by with that amount of dollars, if bitcoin is worth 10k dollars but with those 10k you can only buy a bread loaf then bitcoin is not worth much. 
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
how much do you think it is going to worth in 20 years? many say $4000-5000 so only if that happens you will have 40K-50K dollar and that is not such a big amount to retire now with especially with the inflation rate in 20 years.
so assuming the price is not going there and the inflation is still there i say you need a lot more than 10 bitcoin.
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
how much do you think it is going to worth in 20 years? many say $4000-5000 so only if that happens you will have 40K-50K dollar and that is not such a big amount to retire now with especially with the inflation rate in 20 years.
so assuming the price is not going there and the inflation is still there i say you need a lot more than 10 bitcoin.
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
I guess 10 BTC was very little for the next 20 years. BTC maybe we should have more than that. bitcoin prices are likely in the next 20 years will be very high, so if you can collect a minimum of 100 BTC at the time, maybe you can build a business that is promising and could make you enjoy their old age
2, 4, 8, 10? Don't know if you all are talking serious here.
How many years you will live? With nanotechnology we all can live forever, and I don't know what would you will do with a million dollar in the future, how the things will be.
Just work hard, buy bitcoin, buy altcoins and ofc BUY WATER!
How many years you will live? With nanotechnology we all can live forever, and I don't know what would you will do with a million dollar in the future, how the things will be.
Just work hard, buy bitcoin, buy altcoins and ofc BUY WATER!
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
It depends on the country in which you live and the local currency. The cost of living in the region will make the difference.
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