I would say 50-100 Bitcoin looks like a very safe bet, really depends on how the market looks in 20 years.
100 bitcoin will be more than enough. I think the price of bitcoin will be at least $20,000 in 20 years.
Topic: How many bitcoins do I need to retire in 20 years? - page 81. (Read 320337 times)
100 bitcoin will be more than enough. I think the price of bitcoin will be at least $20,000 in 20 years.
I would say 50-100 Bitcoin looks like a very safe bet, really depends on how the market looks in 20 years.
if everything goes well i would be happy with 100 BTC but if there is more i will be happy
anyway the more we can safe the better will be
anyway the more we can safe the better will be
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?
20 years?i can't answer how much you need,because i dont know how bitcoin condition on that year,how about the price,how about world situation,too complicated. it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country
I think $100k is achievable if bitcoin becomes a reserve currency and used widely. So 20 bitcoin will make our life happy.
But bitcoin will not become reserve currency because if it happens banks will become meaningless
it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country
I think $100k is achievable if bitcoin becomes a reserve currency and used widely. So 20 bitcoin will make our life happy.
it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country
That is true,, a 100k USD worth of bitcoin is big enought in where I live,, it might not be enough for others, might also depends upon the persons lifestyle..
it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country
The more you mine or buy or trade and the more you can save the better it will be
May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.
There are 25 Million bitcoins that will be mined. Hmm so 200 is just a dot for that many bitcoin. I will get the 500 Bitcoin cut if you dont mind.
Then I can retire someday with a big smile and a watermelon juice in a good sunrise in Hawaii. Your speculation of 200 or 500 might be sufficient for people living in less expensive or way low living standard countries.
May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.
There are 25 Million bitcoins that will be mined. Hmm so 200 is just a dot for that many bitcoin. I will get the 500 Bitcoin cut if you dont mind.
Then I can retire someday with a big smile and a watermelon juice in a good sunrise in Hawaii.
May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.
How many BTC?
You would need around 3000 now. At $400 each, which would make 1.2 Million Dollars, perhaps even exchangeable.
To assume a BTC would be worth more than 1-2k dollars in 20 years is pure dreaming. No one knows.
But considering the demand for BTC would grow about 500% in the next 2 yrs, this is 5 times as much as today,
the price would definitely go beyond 1000 dollars.
The requirements for this to happen are harsh, you have to make BTC more accesible and attractive.
Thats a lot of work. This is how its value is increased as well, the more work is invested for making BTC accessible.
Not everyone is a geek, not everyone has a computer, smart phone, not everyone is interested.
Though, considering everyone would have the possiblity to trade with BTC, still there are others,
which you will need, in order to trade with BTC.
So, hardware manufacturers, its a digital currency and you need a computer.
More important, the internet relies on huge power plants owned by companies, rich companies.
They will get their share before you'll be able to get rich with a dozen BTC.
But yes, keep on dreaming, thats what the vultures above you can't do.
You would need around 3000 now. At $400 each, which would make 1.2 Million Dollars, perhaps even exchangeable.
To assume a BTC would be worth more than 1-2k dollars in 20 years is pure dreaming. No one knows.
But considering the demand for BTC would grow about 500% in the next 2 yrs, this is 5 times as much as today,
the price would definitely go beyond 1000 dollars.
The requirements for this to happen are harsh, you have to make BTC more accesible and attractive.
Thats a lot of work. This is how its value is increased as well, the more work is invested for making BTC accessible.
Not everyone is a geek, not everyone has a computer, smart phone, not everyone is interested.
Though, considering everyone would have the possiblity to trade with BTC, still there are others,
which you will need, in order to trade with BTC.
So, hardware manufacturers, its a digital currency and you need a computer.
More important, the internet relies on huge power plants owned by companies, rich companies.
They will get their share before you'll be able to get rich with a dozen BTC.
But yes, keep on dreaming, thats what the vultures above you can't do.
100 btc will take care of me in my retirement age, as I am also considering the rate of inflation after 20 years as I am pretty sure that inflation would be at its peak after 20 years, so its better to hold some more number of coins.
That is true...100 bitcoin is really enough in our retirement..besides, our pensions would also be sustaining us aside from our earnings from bitcoin...
Yeah, great amount to hold at the time of retirement, as we would also get some benefits after retiring from the job, and bitcoin can be good extra income to hold.
But we are not sure whether 100 btc will be enough or not as we are not aware what would be the value of bitcoins after 20 years, whether it will be alive or not till then, time to think.
100 btc will take care of me in my retirement age, as I am also considering the rate of inflation after 20 years as I am pretty sure that inflation would be at its peak after 20 years, so its better to hold some more number of coins.
That is true...100 bitcoin is really enough in our retirement..besides, our pensions would also be sustaining us aside from our earnings from bitcoin...
Yeah, great amount to hold at the time of retirement, as we would also get some benefits after retiring from the job, and bitcoin can be good extra income to hold.
I think then that you really need to have hundreds there.
Because you never know what the value is. And if the value is very small you also have nothing to do.
Well, you're right, we need a bitcoin as much at the time, because we will not know the price of bitcoin at the time, and if I collect now maybe I just get 100 BTC and I need more than 1000 BTCBecause you never know what the value is. And if the value is very small you also have nothing to do.
dont underestimate btc in anyway
realistically you will need between 20-50 in 20 years to have some dissent amount to retire or to enjoy in your retirement
agreed on you that the more you have the better it is but collect this amount first then collect above it
collect more. it would be better right?
so I will gather more than 50btc. I can get 1btc per month, of course I could surpass it
For me I think 50 btc is a descent amount to hold at the time of retirement, as my lifestyle is not too lavish or high so I believe 50 btc can take very good care of me and my family after 20 years.
maybe you need 1000000000 bitcoin
more and more bitcoin you prepare the better to enjoy the days of your retire 
i think i need 100btc to retire in 20years
i think i need 100btc to retire in 20years
That's a good amount to hold, I believe it would be having a much value then we expect after 20 years, and its better to hold as much bitcoin as possible, more bitcoins means a better then the best life to enjoy.
more and more bitcoin you prepare the better to enjoy the days of your retire
i think i need 100btc to retire in 20years
i think i need 100btc to retire in 20years
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