How many bitcoins do I need to retire in 20 years? - page 7.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: Alley on April 28, 2014, 01:04:32 PM

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?

It id all going to depend on what the value of the Bitcoin at that moment is because that will decide how much money you are going to make.
So it is hard to say on how many Bitcoin you are going to need for the future, just save enough.

Latwindar

newbie

Activity: 29

Merit: 0

Quote from: shugareward on September 07, 2016, 06:44:10 PM

Quote from: wxa7115 on September 06, 2016, 07:00:00 PM

Quote from: mirakal on September 06, 2016, 03:42:12 AM

Quote from: azguard on September 06, 2016, 01:27:58 AM

Quote from: sirohige on September 06, 2016, 12:44:24 AM

Quote from: Bitcoinsummoner on September 05, 2016, 01:57:01 PM

Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 01:35:01 PM

i think like 5 bitcoins will be enough, as you should have like 500k$ then

Such a small amount i can not retire if made only 5 btc.. its not enough for me. maybe in other country that you can live long with that amount of money..
For me 50 plus is enough for me to retire in 20 years because i can start my own business and be a boss.

the best option is as much as possible, for me if i can have 100bitcoin for retirementday i will very happy with it.

best option is always to have as much as possible considering that new features are up for next year expect that if we have 100 btc in that time we will want to have more
cuz no matter now much we have it not good enough

I respect your opinion but I can tell your frankly that I would be happy to have at least 100 BTC for my retirement, I am not ambitious enough to live a luxurious life because all I want is a simple life living in a peaceful place, and I know with 100 BTC I could live a decent life already.

Not only that but having 100BTC doesn’t mean that the coins sit idly, you could invest those coins, I am not an expert so this should not be taken as advice but if a person were to invest in several bitcoin casinos you could earn BTC while doing nothing, I think the amount you can earn is something like 2% to 4%.

you are right, i think 100 bitcoins would be not enough because bitcoins is not going to be that huge, you would need at least a thousand

It depends on when you retire. If you retire in 20 years, the 100 bitcoin will be a few million US dollars.

ronaldo40

legendary

Activity: 1554

Merit: 1014

Quote from: Sweetbtc on September 14, 2016, 02:32:45 PM

Quote from: shugareward on September 07, 2016, 06:44:10 PM

Quote from: wxa7115 on September 06, 2016, 07:00:00 PM

Quote from: mirakal on September 06, 2016, 03:42:12 AM

Quote from: azguard on September 06, 2016, 01:27:58 AM

Quote from: sirohige on September 06, 2016, 12:44:24 AM

Quote from: Bitcoinsummoner on September 05, 2016, 01:57:01 PM

Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 01:35:01 PM

i think like 5 bitcoins will be enough, as you should have like 500k$ then

Such a small amount i can not retire if made only 5 btc.. its not enough for me. maybe in other country that you can live long with that amount of money..
For me 50 plus is enough for me to retire in 20 years because i can start my own business and be a boss.

the best option is as much as possible, for me if i can have 100bitcoin for retirementday i will very happy with it.

best option is always to have as much as possible considering that new features are up for next year expect that if we have 100 btc in that time we will want to have more
cuz no matter now much we have it not good enough

I respect your opinion but I can tell your frankly that I would be happy to have at least 100 BTC for my retirement, I am not ambitious enough to live a luxurious life because all I want is a simple life living in a peaceful place, and I know with 100 BTC I could live a decent life already.

Not only that but having 100BTC doesn’t mean that the coins sit idly, you could invest those coins, I am not an expert so this should not be taken as advice but if a person were to invest in several bitcoin casinos you could earn BTC while doing nothing, I think the amount you can earn is something like 2% to 4%.

you are right, i think 100 bitcoins would be not enough because bitcoins is not going to be that huge, you would need at least a thousand

it’s always good to be safe and make goals occasionally so that when an unexpected event occurs, then at least you would have something in your pocket and would be so disappointed.

we have to think about the price in the future, whether it can reach at least over $1,000. everyone is convinced that the future price will reach $1,000 it may even be greater. 100 BTC so very worth it. why is everyone saying 100 BTC? because it may still be achieved, compared to 1000 BTC is certainly difficult to obtain.

virasog

legendary

Activity: 2954

Merit: 1159

Quote from: PhoneBloks on April 28, 2014, 05:18:59 PM

Quote from: Alley on April 28, 2014, 01:04:32 PM

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?

Well depends on what you find as a "live confortably" and how long you want to live Cheesy

You want to spend 1000 usd/month when you will be retired ? 5000usd/month ?

If you want to have money you cant think ... how many would i need .. you have to think how many times I can multiply wealth I have now Wink

I agree, though I strongly believe that the bitcoin would exceptionally increase in value

Sweetbtc

hero member

Activity: 938

Merit: 503

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc