How many bitcoins do I need to retire in 20 years? - page 89.

gkv9

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Quote from: Bazelak on January 30, 2016, 04:28:23 AM

Quote from: reputedchain on January 29, 2016, 10:20:19 AM

Quote from: azguard on January 29, 2016, 09:57:29 AM

Quote from: randy8777 on January 29, 2016, 08:41:13 AM

Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

So if the bitcoin price becomes $200,000 in 20 years, 20 bitcoin will make our retire life very happy.

Yeah, but one also needs to live those many years...
Today, nothing is guaranteed, not even life...
So, we should talk based on nearer prices and not what we will see in long term very far...
I think that based on current prices, BTC1k won't be a bad deal at all...

Bazelak

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Quote from: reputedchain on January 29, 2016, 10:20:19 AM

Quote from: azguard on January 29, 2016, 09:57:29 AM

Quote from: randy8777 on January 29, 2016, 08:41:13 AM

Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

So if the bitcoin price becomes $200,000 in 20 years, 20 bitcoin will make our retire life very happy.

reputedchain

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Quote from: azguard on January 29, 2016, 09:57:29 AM

Quote from: randy8777 on January 29, 2016, 08:41:13 AM

Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

azguard

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Quote from: randy8777 on January 29, 2016, 08:41:13 AM

Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Marketstar

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I want to save at least 5 BTC for my retirement days as well.

randy8777

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Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

BitCoinNutJob

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Quote from: Bazelak on January 29, 2016, 05:56:11 AM

Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

Shitcoins are p&d. Bitcoin is like a electronic gold in our digital world. In 2-3 years price will go to the next level and it will be really best investment.

Bazelak

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Quote from: Newcoins2020 on January 28, 2016, 09:28:07 AM

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

Dux2K

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To be honest if i can have 50 i would be happy i dont need any more and even with current price i would be happy

Newcoins2020

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I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

HarryKPeters

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Well, make it a lot. There is no guarantee the price will sky rocket.
Thus i would never advice to bet on 1 horse. Buy bicoins and buy some assets too.

azguard

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Quote from: MyBTT on January 28, 2016, 01:42:47 AM

Quote from: madonnino on January 25, 2016, 05:15:26 AM

Quote from: arbitrage on January 25, 2016, 05:13:31 AM

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.

Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional

Well not if you safely trade. For example, buy at low prices, and then sell at a high price. Easy.

yea like now price drop and will go to 400 and over in day or two easy 15-20$ per coin
or trade for some alt coin but sometimes may be risky

MyBTT

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Quote from: madonnino on January 25, 2016, 05:15:26 AM

Quote from: arbitrage on January 25, 2016, 05:13:31 AM

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.

Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional

Well not if you safely trade. For example, buy at low prices, and then sell at a high price. Easy.

ronaldo40

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Quote from: Karartma1 on January 27, 2016, 07:21:52 AM

Something around 1000BTC would be a very good sum to retire even now I think. I'm not even close to that amount and It will be very unlikely I'll go beyond 100BTC. But, who knows maybe I'll get there. Cool

yeah 1000BTC is highly unlikely as well for me. but 100 BTC in 20 years I can achieve it. I have even been playing bitcoin for approximately 2-3 years has been getting more than 15-20btc

Karartma1

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Something around 1000BTC would be a very good sum to retire even now I think. I'm not even close to that amount and It will be very unlikely I'll go beyond 100BTC. But, who knows maybe I'll get there. Cool

ronaldo40

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Quote from: blackmachinegun on January 27, 2016, 06:05:32 AM

I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much

0.0003 btc too little, better 0.001/day or more and do not confuse how much amount you need to gather. at least you have to collect as much as possible, or has a target like 100 BTC or more.

Altynbekova

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Quote from: blackmachinegun on January 27, 2016, 06:05:32 AM

I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much

I don't think so, you need much more bitcoins to gain more profit to retire.
20 years from now bitcoin will not be the same.
Its really difficult to say how the bitcoin will be in the future years that are coming.

blackmachinegun

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I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much

WhatTheGox

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Quote from: Bazelak on January 27, 2016, 04:10:41 AM

Quote from: madonnino on January 25, 2016, 05:15:26 AM

Quote from: arbitrage on January 25, 2016, 05:13:31 AM

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.

Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional

If you bought at $1200 and sold at $200, you will lose a lot of money. The exchanges will also take most of the profits.

The fees is the last thing to worry about if you did that. I should imagine only a handful of people were that stupid. If you are down 6x might aswell hold on till the bottom.

asuryan180

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Quote from: arbitrage on January 25, 2016, 05:13:31 AM

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.

Well,If the price of bitcoin goes up in the mean time then your holdings will certainly be less worthy with time otherwise you are limited to the btc/usd market which is very difficult to gain cause of highly manipulated market.Holding could be better for long time or for when you retire.

Topic: How many bitcoins do I need to retire in 20 years? - page 89. (Read 320337 times)