How many bitcoins do I need to retire in 20 years? - page 90.

Bazelak

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Quote from: madonnino on January 25, 2016, 04:15:26 AM

Quote from: arbitrage on January 25, 2016, 04:13:31 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.

blackmachinegun

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Quote from: MyBTT on January 24, 2016, 12:06:40 AM

The price would have to go up very high before you can even think about retiring. So you would need a lot of Bitcoin.

yeah it definitely, you have to get bitcoin, as much as possible, you dont want in your old age your pension day feeling disappointed because just getting some bitcoin ONLY

madonnino

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Quote from: arbitrage on January 25, 2016, 04:13:31 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

arbitrage

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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.

Amph

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Quote from: Dolmater on January 24, 2016, 04:32:28 PM

Quote from: Amph on January 24, 2016, 10:38:22 AM

Quote from: joinal on January 24, 2016, 02:37:28 AM

Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important

you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money

If we obtained 10,000 bitcoin 5 years ago, we can retire now. The same thing can be said for the now and future. For now, we need 10 bitcoin.

not the same thing because 10k bitcoin can make you retire at a mere 100 per coin, which is very fats to achieve, and in fact we reached it, but with 10 coin, you need 100k per coin, you need to wait plenty of time for that if it is even possible...

futureofbitcoin

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Quote from: NamedUser on January 24, 2016, 04:58:54 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?

3.

No wait 300.

I'm sure it's one or the other. You decide Wink

nah.

More like 30 or 3,000,000.

NamedUser

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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?

3.

No wait 300.

I'm sure it's one or the other. You decide Wink

I would have to assume at least 3000 though.

AliceWonderMiscreations

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My attempt is to get 100 bitcoins before I retire but I just want to say that not all of your retirement assets should be in bitcoin because if something happens we can't conceive of now and they become worthless, you want to have something else you can draw from.

Dolmater

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Quote from: Amph on January 24, 2016, 10:38:22 AM

Quote from: joinal on January 24, 2016, 02:37:28 AM

Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important

you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money

If we obtained 10,000 bitcoin 5 years ago, we can retire now. The same thing can be said for the now and future. For now, we need 10 bitcoin.

Rotator

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This is very interesting question,l need to think about it..Maybe 50?
10x1000
10x2000
10x10000
20 for kids.

Amph

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Quote from: joinal on January 24, 2016, 02:37:28 AM

Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important

you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money

newcoins1978

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Make it a lot. There is no guarantee the price will sky rocket.
Also make sure to diversify. Betting on just bitcoin to succeed is very dangerous.

In the end you may end of living on water and bread for retirement.

Dux2K

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Im thinking to have at least one every year so in 20 years i could have 20 btc i have some insuarance on that

Dabs

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Quote from: joinal on January 24, 2016, 02:37:28 AM

Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important

10 BTC is currently $4000 USD. Buy it a few hundred at a time.

joinal

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Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important

MyBTT

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The price would have to go up very high before you can even think about retiring. So you would need a lot of Bitcoin.

romero121

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Quote from: phreaky on January 23, 2016, 07:18:19 PM

Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

That won't cut it for use. I think you need way more then 10 BTC.
If you want to have a good pension/retirement try to get your hands on as many bitcoins as possible.

Eventhough the rate is going high and the technology is well proven, it requires some efforts so to get involved in bitcoin. When it comes to future for sure we are in need of atleast 50 bitcoins according to my calculations. Because human predictions may go wrong in bitcoins value

phreaky

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Quote from: RozoTheMiner on January 23, 2016, 01:52:44 PM

That's a tough question but I would have to say 10 BTC personally

That won't cut it for use. I think you need way more then 10 BTC.
If you want to have a good pension/retirement try to get your hands on as many bitcoins as possible.

StacksAMilli

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That would be amazing if it increased so much that your 2 btc would be worth 2 mill in the future but it could also go the other way and become worth 2 cents.. Lol Roll Eyes

RozoTheMiner

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Hello Bitcoin World!!

That's a tough question but I would have to say 10 BTC personally

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