Topic: How many bitcoins do I need to retire in 20 years? - page 53. (Read 320337 times)
Many of people who know what Bitcoin is, at least to some extent, say Bitcoin will be over $10,000 in 20 years. I think they are not far from the reality so you'll need 100 BTC or 200 BTC depending on your appetites.
There is really no way to know how many Bitcoin you would need in 20 years, but I would say about 50 or more Bitcoins. Any less would be too little.
i think 100 is better than 50, as much as you can, bitcoin price can be back to $100 and can be bcak to $1000. so if you save 100btc is enough for your 20year retirement.
There is really no way to know how many Bitcoin you would need in 20 years, but I would say about 50 or more Bitcoins. Any less would be too little.
I don't think I will be holding bitcoin that long as I will convert my bitcoin to fiat when the price will reach to the moon and then fiat will take care of my retired life.
You can choose to just hold 10% of your entire stash for at least 10 to 20 years as the price might be in the thousands by that time. I will keep at least 25% of my total coins for at least 10 years. I want to see where Bitcoin is heading in the future so I will always keep some coins.
I don't think I will be holding bitcoin that long as I will convert my bitcoin to fiat when the price will reach to the moon and then fiat will take care of my retired life.
You can choose to just hold 10% of your entire stash for at least 10 to 20 years as the price might be in the thousands by that time. I will keep at least 25% of my total coins for at least 10 years. I want to see where Bitcoin is heading in the future so I will always keep some coins.
Just get some pension plans and I think you need almost 100 btc converted to todays price so that you can retire for 20 years.
Yup, but in pension plan you can get a whole lot less provided that the company is stable enough. Here, we can get some retirement plan with just 1.5 BTC per year
To be realistic scene where how much bitcoin you need to feed yourself per day 
I don't think I will be holding bitcoin that long as I will convert my bitcoin to fiat when the price will reach to the moon and then fiat will take care of my retired life.
Bitcoins will never retire
Just get some pension plans and I think you need almost 100 btc converted to todays price so that you can retire for 20 years.
Yup, but in pension plan you can get a whole lot less provided that the company is stable enough. Here, we can get some retirement plan with just 1.5 BTC per year
Just get some pension plans and I think you need almost 100 btc converted to todays price so that you can retire for 20 years.
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?
what would you expected when you retire?sport car?big house like Beckham house?or so many bussiness?i think if you want it all,you need more than 1000 Bitcoin on your wallet,and then sleep away for waiting your retire time.
Its really difficult to judge what will be the exact value required in next 20 years and also depends on its value after 20 years, but to be safe I think 100 btc would be good to hold.
I red somewhere that bitcoin will almost be impossible to mine in 5 years time, so thats when it should peak
the difficult of bitcoin will be increase each year, and block halving will come to Control bitcoin supply, and market will be rising "IF PEOPLE STILL SUPPORT BITCOIN" .
in next 5year we will meet with 3rd block halving, it's very imposible to reach ROI if price of bitcoin still under $500
I red somewhere that bitcoin will almost be impossible to mine in 5 years time, so thats when it should peak
I think in that much time you do not need a large amount of bitcoin as the price of bitcoin is increasing and you will earn much higher amount
If you can get a lot of income on BTC you can retire early and enjoy life early. Just invest what do you think you can afford to lose since nothing is sure in the future.
nice thing is that after you have been retired you can still make a good amount of profit with trading to give yourself some extra income. at least, that's what i will do when retiring. i can't sit back and not try to make money where i can. it's something in me that makes me constantly look for ways to increase my income. being lazy is no option for me.
20 years is a little too distant in the future to predict how much BTC you'd be needing. And that is without even considering if BTC is still around by that time. If it is, there must have been some kind of stability when it comes to price movement, much like what the dollar is today. Price movement would really dictate how much of something you will be needing in the future.
Exactly, the price is the one that would dictate how much we will need..The only sure is that we need more bitcoin if we want to rely in it in the future.. never fully entrust your future to bitcoin, if possible, save your profit from bitcoin to fiat..
20 years is a little too distant in the future to predict how much BTC you'd be needing. And that is without even considering if BTC is still around by that time. If it is, there must have been some kind of stability when it comes to price movement, much like what the dollar is today. Price movement would really dictate how much of something you will be needing in the future.
I think in that much time you do not need a large amount of bitcoin as the price of bitcoin is increasing and you will earn much higher amount
If you can get a lot of income on BTC you can retire early and enjoy life early. Just invest what do you think you can afford to lose since nothing is sure in the future.
Don't think too long with bitcoin, just imagine it will survive only for next 5 years and work accordingly and try to collect as much as you can before that, sell at the peak and enjoy luxury retired life.
I think in that much time you do not need a large amount of bitcoin as the price of bitcoin is increasing and you will earn much higher amount
If you can get a lot of income on BTC you can retire early and enjoy life early. Just invest what do you think you can afford to lose since nothing is sure in the future.
Don't think too long with bitcoin, just imagine it will survive only for next 5 years and work accordingly and try to collect as much as you can before that, sell at the peak and enjoy luxury retired life.
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