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Topic: How many bitcoins do I need to retire in 20 years? - page 7. (Read 320352 times)

praprata
sr. member
Activity: 420
Merit: 250
Re: How many bitcoins do I need to retire in 20 years?
September 19, 2016, 03:59:47 AM
#3195
Quote from: Alley on April 28, 2014, 12:04:32 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
Re: How many bitcoins do I need to retire in 20 years?
September 19, 2016, 03:32:18 AM
#3194
Quote from: shugareward on September 07, 2016, 05:44:10 PM
Quote from: wxa7115 on September 06, 2016, 06:00:00 PM
Quote from: mirakal on September 06, 2016, 02:42:12 AM
Quote from: azguard on September 06, 2016, 12:27:58 AM
Quote from: sirohige on September 05, 2016, 11:44:24 PM
Quote from: Bitcoinsummoner on September 05, 2016, 12:57:01 PM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 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
Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 01:55:30 PM
#3193
Quote from: Sweetbtc on September 14, 2016, 01:32:45 PM
Quote from: shugareward on September 07, 2016, 05:44:10 PM
Quote from: wxa7115 on September 06, 2016, 06:00:00 PM
Quote from: mirakal on September 06, 2016, 02:42:12 AM
Quote from: azguard on September 06, 2016, 12:27:58 AM
Quote from: sirohige on September 05, 2016, 11:44:24 PM
Quote from: Bitcoinsummoner on September 05, 2016, 12:57:01 PM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 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: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 01:33:33 PM
#3192
Quote from: PhoneBloks on April 28, 2014, 04:18:59 PM
Quote from: Alley on April 28, 2014, 12:04:32 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
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Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 01:32:45 PM
#3191
Quote from: shugareward on September 07, 2016, 05:44:10 PM
Quote from: wxa7115 on September 06, 2016, 06:00:00 PM
Quote from: mirakal on September 06, 2016, 02:42:12 AM
Quote from: azguard on September 06, 2016, 12:27:58 AM
Quote from: sirohige on September 05, 2016, 11:44:24 PM
Quote from: Bitcoinsummoner on September 05, 2016, 12:57:01 PM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 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.
co5hike
hero member
Activity: 798
Merit: 1000
Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 04:09:05 AM
#3190
Quote from: bitlancr on September 14, 2016, 03:55:39 AM
It is going to depend on how much the value of the Bitcoin is at that point because if it is really low then you of course need more then when it is high.
So it is not safe to say how much you are going to need.


No can predict what exact number of coins will take best care of them in future, as price is unpredictable, if price is in millions then even 1 to 10 btc would be enough to have a good and luxury life.
bitlancr
hero member
Activity: 616
Merit: 500
Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 03:55:39 AM
#3189
It is going to depend on how much the value of the Bitcoin is at that point because if it is really low then you of course need more then when it is high.
So it is not safe to say how much you are going to need.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: How many bitcoins do I need to retire in 20 years?
September 14, 2016, 01:48:06 AM
#3188
Quote from: trinaldao on September 11, 2016, 09:33:10 PM
Quote from: daringdiscovered on September 11, 2016, 09:09:00 PM
Quote from: co5hike on September 11, 2016, 05:42:30 AM
Quote from: diodio5 on September 11, 2016, 05:39:32 AM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
I think we can not correctly predict the price of bitcoin will happen in the future or 20 years to come, but maybe you can estimate what price is going to happen and then you can formulate how much bitcoin that you need in the future ?

But still its very difficult to calculate the price after 20 years as you cannot come to any accurate value, so without thinking of the price I think we should at least have 200 btc for retirement.

For me i think we should just earn while we can, 200 btc won't last until we disappear in this world if we have wealthy living or a big family. We must remember that after we retire, we won't be able to earn money anymore. We should just accumulate while we can because the more the better they say.

better to hold as much as possible, don't forcing your life to earning and holding bitcoin, health in retirement day is a important too, not always about money for make your life fun.

That is right. If you do not have to live on the existing bitcoin you own, it is better to hold that for the long term.
trinaldao
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
Re: How many bitcoins do I need to retire in 20 years?
September 11, 2016, 09:33:10 PM
#3187
Quote from: daringdiscovered on September 11, 2016, 09:09:00 PM
Quote from: co5hike on September 11, 2016, 05:42:30 AM
Quote from: diodio5 on September 11, 2016, 05:39:32 AM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
I think we can not correctly predict the price of bitcoin will happen in the future or 20 years to come, but maybe you can estimate what price is going to happen and then you can formulate how much bitcoin that you need in the future ?

But still its very difficult to calculate the price after 20 years as you cannot come to any accurate value, so without thinking of the price I think we should at least have 200 btc for retirement.

For me i think we should just earn while we can, 200 btc won't last until we disappear in this world if we have wealthy living or a big family. We must remember that after we retire, we won't be able to earn money anymore. We should just accumulate while we can because the more the better they say.

better to hold as much as possible, don't forcing your life to earning and holding bitcoin, health in retirement day is a important too, not always about money for make your life fun.
daringdiscovered
hero member
Activity: 700
Merit: 500
Re: How many bitcoins do I need to retire in 20 years?
September 11, 2016, 09:09:00 PM
#3186
Quote from: co5hike on September 11, 2016, 05:42:30 AM
Quote from: diodio5 on September 11, 2016, 05:39:32 AM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
I think we can not correctly predict the price of bitcoin will happen in the future or 20 years to come, but maybe you can estimate what price is going to happen and then you can formulate how much bitcoin that you need in the future ?

But still its very difficult to calculate the price after 20 years as you cannot come to any accurate value, so without thinking of the price I think we should at least have 200 btc for retirement.

For me i think we should just earn while we can, 200 btc won't last until we disappear in this world if we have wealthy living or a big family. We must remember that after we retire, we won't be able to earn money anymore. We should just accumulate while we can because the more the better they say.
co5hike
hero member
Activity: 798
Merit: 1000
Re: How many bitcoins do I need to retire in 20 years?
September 11, 2016, 05:42:30 AM
#3185
Quote from: diodio5 on September 11, 2016, 05:39:32 AM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
I think we can not correctly predict the price of bitcoin will happen in the future or 20 years to come, but maybe you can estimate what price is going to happen and then you can formulate how much bitcoin that you need in the future ?

But still its very difficult to calculate the price after 20 years as you cannot come to any accurate value, so without thinking of the price I think we should at least have 200 btc for retirement.
diodio5
hero member
Activity: 490
Merit: 500
Re: How many bitcoins do I need to retire in 20 years?
September 11, 2016, 05:39:32 AM
#3184
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
I think we can not correctly predict the price of bitcoin will happen in the future or 20 years to come, but maybe you can estimate what price is going to happen and then you can formulate how much bitcoin that you need in the future ?
peta4e
hero member
Activity: 672
Merit: 500
Re: How many bitcoins do I need to retire in 20 years?
September 11, 2016, 04:20:34 AM
#3183
Quote from: radamiel on September 09, 2016, 10:12:00 PM
Quote from: Ziskinberg on September 09, 2016, 09:50:14 PM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
Well, the amount depends on the satisfaction of every investor, we should think base on our wants and needs in the future because with so much money that we will not be able to spend will become a problem.
I think it depends on where you live and your lifestyle habits, if you live in the US you will need more bitcoin than people who live in developing countries

Yeah and it will also depend on the price of bitcoins after 20 years, if price skyrockets then even small amount of coins would be enough, but its better to have more coins so even if price is not too high we can expect good life.
Lorik
full member
Activity: 233
Merit: 250
Re: How many bitcoins do I need to retire in 20 years?
September 10, 2016, 12:36:48 PM
#3182
Quote from: Alley on April 28, 2014, 12:04:32 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?
This is a difficult question and answer it clearly can not. The fact that today bitcoin is not very stable, and to ensure not only its popularity but also the stability of the exchange rate in 20 years, no one can. Therefore, even if users are going to save, they will need time to implement.
radamiel
full member
Activity: 120
Merit: 100
Re: How many bitcoins do I need to retire in 20 years?
September 09, 2016, 10:12:00 PM
#3181
Quote from: Ziskinberg on September 09, 2016, 09:50:14 PM
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
Well, the amount depends on the satisfaction of every investor, we should think base on our wants and needs in the future because with so much money that we will not be able to spend will become a problem.
I think it depends on where you live and your lifestyle habits, if you live in the US you will need more bitcoin than people who live in developing countries
Ziskinberg
hero member
Activity: 3010
Merit: 666
Re: How many bitcoins do I need to retire in 20 years?
September 09, 2016, 09:50:14 PM
#3180
Quote from: ttargett on September 08, 2016, 11:01:19 AM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
Well, the amount depends on the satisfaction of every investor, we should think base on our wants and needs in the future because with so much money that we will not be able to spend will become a problem.
ttargett
full member
Activity: 173
Merit: 100
Re: How many bitcoins do I need to retire in 20 years?
September 08, 2016, 11:01:19 AM
#3179
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at least
sishendaoye
sr. member
Activity: 434
Merit: 250
Re: How many bitcoins do I need to retire in 20 years?
September 08, 2016, 08:34:26 AM
#3178
Quote from: ivanst776 on July 05, 2015, 10:55:35 AM
100 Bitcoins ,I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy
If you have a 100 Bitcoin and the price is at least $1000 then I believe that you should be good to retire with.
I would even be happy with halve of that.
groll
sr. member
Activity: 336
Merit: 250
Re: How many bitcoins do I need to retire in 20 years?
September 08, 2016, 03:14:42 AM
#3177
Quote from: azguard on September 08, 2016, 02:59:54 AM
Quote from: shugareward on September 07, 2016, 05:44:10 PM
Quote from: wxa7115 on September 06, 2016, 06:00:00 PM
Quote from: mirakal on September 06, 2016, 02:42:12 AM
Quote from: azguard on September 06, 2016, 12:27:58 AM
Quote from: sirohige on September 05, 2016, 11:44:24 PM
Quote from: Bitcoinsummoner on September 05, 2016, 12:57:01 PM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 PM
i think like 5 bitcoins will be enough, as you should have like 500k$ 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

1000 is hard to collect but 100 is closer amount in that option still we dont know what will be in 20 year maybe we will need only 10 or we might need 10k of them

Yes, it would took a lifetime if we will collect 1000 bitcoin especially if you have no start up for that.  I agree with 100 it is more realistic and can be done if we are eager and earnest with the goal of funds for retirement.  Let us all hope that bitcoin price would go higher and higher by the time we could earn those amount. 
azguard
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Re: How many bitcoins do I need to retire in 20 years?
September 08, 2016, 02:59:54 AM
#3176
Quote from: shugareward on September 07, 2016, 05:44:10 PM
Quote from: wxa7115 on September 06, 2016, 06:00:00 PM
Quote from: mirakal on September 06, 2016, 02:42:12 AM
Quote from: azguard on September 06, 2016, 12:27:58 AM
Quote from: sirohige on September 05, 2016, 11:44:24 PM
Quote from: Bitcoinsummoner on September 05, 2016, 12:57:01 PM
Quote from: (o)(o)ilikeboobs(o)(o) on September 05, 2016, 12:35:01 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

1000 is hard to collect but 100 is closer amount in that option still we dont know what will be in 20 year maybe we will need only 10 or we might need 10k of them
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