Topic: How many bitcoins do I need to retire in 20 years? - page 78. (Read 320337 times)
if the price is the same as it is today, it may take more than 150 BTC to make my dream come true. maybe if the price of bitcoin is still $ 400 in the next 20 years, then I need very much bitcoin, probably 200 BTC
I think you will need a lot of bitcoin of bitcoins to do this its also that you never know what will happen to the bitcoin so its not easy to predict.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
Yeah, and its better that we take care of bitcoins in present, as thinking of next 20 years would be foolish thing to do, as the world is changing so fast, we can expect some other currency till then.
More new currencies will appear in the next few decades. But Bitcoin can always change and adopt better technology.
I think you will need a lot of bitcoin of bitcoins to do this its also that you never know what will happen to the bitcoin so its not easy to predict.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
Yeah, and its better that we take care of bitcoins in present, as thinking of next 20 years would be foolish thing to do, as the world is changing so fast, we can expect some other currency till then.
exactly this! let's first wait for the price to reach $1000 again before day dreaming about anything higher than $1000/$2000. it simply doesn't make sense to think in terms of $100,000 while we are just above $400 currently. 
Also, reaching $10,000 from a level of $1,000 won't be as easy as reaching $1,000 from $100. The former requires an increase in market cap by as much as $135 billion, which is comparable to the total market cap of tier-II fiat currencies such as the Russian Ruble, Saudi Riyal, UK Pound, and the Australian Dollar. And to reach that level, Bitcoin must achieve the same acceptance level as that of the tier-II currencies.
I think you will need a lot of bitcoin of bitcoins to do this its also that you never know what will happen to the bitcoin so its not easy to predict.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.
It's not very likely that Bitcon will reach 100,000 $. The price will go up, I'm sure of it, but that much? Nope. So, you better collect as much coins as you can.
I think, first of all, that we should wait for bitcoin to reach 1000$. Only then would be the time to dream bigger.
exactly this! let's first wait for the price to reach $1000 again before day dreaming about anything higher than $1000/$2000. it simply doesn't make sense to think in terms of $100,000 while we are just above $400 currently.
It's not very likely that Bitcon will reach 100,000 $. The price will go up, I'm sure of it, but that much? Nope. So, you better collect as much coins as you can.
I think, first of all, that we should wait for bitcoin to reach 1000$. Only then would be the time to dream bigger.
It's not very likely that Bitcon will reach 100,000 $. The price will go up, I'm sure of it, but that much? Nope. So, you better collect as much coins as you can.
I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
People believe in the saying ; Bitcoin will be worth a lot or end up being worthless. I also believe this. You should collect what for you is the right amount. Some people can easily accumulate 5 Bitcoins per year, and the other struggles to get even 1 Bitcoin. Just focus on what is a good amount for yourself that makes you satisfied. If that for you is 0.5 BTC for example, then it's just fine. The most important thing is that you are happy with the amount you have. All other stuff is not important.
Who knows how much btc can jump, better to have some in cold wallet. At least small portion.
Yeah, something is better then nothing, as even something can take care of us in future if the value skyrocket, so would take risk and invest few money into bitcoins for sure.
Than your life depends on the currency and that is very bad and not good to life with it.
How many? If the price of bitcoin is $100,000 each, you need just 20 bitcoin to live happily.
That's more a dream than a realistic scenario. If Bitcoin is priced at $100,000 then only 2 or 3 coins are more than enough to put in your retirement account. It will be much harder to collect coins as we are progressing year on year and where the price goes higher and higher. The higher the price goes, the fewer coins people will get for their money.
I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
i can't guarantee but i think that bitcoin still alive till next 20 years but the problem is very difficult to know how many bitcoins OP need to retire because very difficult to predict bitcoin prices for next 20 years I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
People believe in the saying ; Bitcoin will be worth a lot or end up being worthless. I also believe this. You should collect what for you is the right amount. Some people can easily accumulate 5 Bitcoins per year, and the other struggles to get even 1 Bitcoin. Just focus on what is a good amount for yourself that makes you satisfied. If that for you is 0.5 BTC for example, then it's just fine. The most important thing is that you are happy with the amount you have. All other stuff is not important.
Who knows how much btc can jump, better to have some in cold wallet. At least small portion.
Yeah, something is better then nothing, as even something can take care of us in future if the value skyrocket, so would take risk and invest few money into bitcoins for sure.
Than your life depends on the currency and that is very bad and not good to life with it.
How many? If the price of bitcoin is $100,000 each, you need just 20 bitcoin to live happily.
So 2 million dollars are enough? I'm curious as how you've got to this number.
I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
People believe in the saying ; Bitcoin will be worth a lot or end up being worthless. I also believe this. You should collect what for you is the right amount. Some people can easily accumulate 5 Bitcoins per year, and the other struggles to get even 1 Bitcoin. Just focus on what is a good amount for yourself that makes you satisfied. If that for you is 0.5 BTC for example, then it's just fine. The most important thing is that you are happy with the amount you have. All other stuff is not important.
Who knows how much btc can jump, better to have some in cold wallet. At least small portion.
Yeah, something is better then nothing, as even something can take care of us in future if the value skyrocket, so would take risk and invest few money into bitcoins for sure.
Than your life depends on the currency and that is very bad and not good to life with it.
How many? If the price of bitcoin is $100,000 each, you need just 20 bitcoin to live happily.
I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
People believe in the saying ; Bitcoin will be worth a lot or end up being worthless. I also believe this. You should collect what for you is the right amount. Some people can easily accumulate 5 Bitcoins per year, and the other struggles to get even 1 Bitcoin. Just focus on what is a good amount for yourself that makes you satisfied. If that for you is 0.5 BTC for example, then it's just fine. The most important thing is that you are happy with the amount you have. All other stuff is not important.
Who knows how much btc can jump, better to have some in cold wallet. At least small portion.
Yeah, something is better then nothing, as even something can take care of us in future if the value skyrocket, so would take risk and invest few money into bitcoins for sure.
Than your life depends on the currency and that is very bad and not good to life with it.
Best would be have some for your retiring and let some move for more and for your future grandsons and daughters and you will have some spare in case something happened. Dont let go until the end and give the passwords to those who appreciates and will continue your legacy. 
I really don't know what would be the best value to hold after 20 years as it brings me to the same point to think that whether bitcoin will be alive or not after 20 years, its a long time though.
just believe it dude and keep using bitcoin. if everyone still using bitcoin, bitcoin will still alive for 20 years or more.
Give me another 5-10 years and thats if I had a sum of serious bitcoin I obtained.
But if I cant even get a # of bitcoin itself then I wouldnt be looking forward to it, but it`ll motivate me to get something going until then.
If I`m dreaming and I had a good amount, I think retirement would be very boring though.. but it sure does sound nice.
But if I cant even get a # of bitcoin itself then I wouldnt be looking forward to it, but it`ll motivate me to get something going until then.
If I`m dreaming and I had a good amount, I think retirement would be very boring though.. but it sure does sound nice.
Re: How many bitcoins do I need to retire in 20 years?
It depends on how much bitcoin you want,what life style you want when you retire,how about budget for healthcare?Will you travel yearly? There are many factors to consider.
When you've decided how much you want to received,you can start to invest now and compute its value after 20 years plus inflation rate etc.
It depends on how much bitcoin you want,what life style you want when you retire,how about budget for healthcare?Will you travel yearly? There are many factors to consider.
When you've decided how much you want to received,you can start to invest now and compute its value after 20 years plus inflation rate etc.
Exactly. Consider your lifestyle and where you live. That way you can decide.
Although, you know the obvious answer: as many as you can get your hands on.
Re: How many bitcoins do I need to retire in 20 years?
It depends on how much bitcoin you want,what life style you want when you retire,how about budget for healthcare?Will you travel yearly? There are many factors to consider.
When you've decided how much you want to received,you can start to invest now and compute its value after 20 years plus inflation rate etc.
It depends on how much bitcoin you want,what life style you want when you retire,how about budget for healthcare?Will you travel yearly? There are many factors to consider.
When you've decided how much you want to received,you can start to invest now and compute its value after 20 years plus inflation rate etc.
Life is getting expensive day by day. I think if you collected bitcoins now and hope to use them in future you might be disapointed. The best way is collect them and find ways of growing them. Keeping them in circulation will be better because they will carry their value to the end.
Probably more than you can ever afford
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