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Topic: How many BTC I need ? - page 2. (Read 1759 times)

newbie
Activity: 5
Merit: 0
September 09, 2015, 10:58:45 AM
#15
People who diversify don't get rich. They just preserve their capital. Nothing more, nothing less
legendary
Activity: 3668
Merit: 6382
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September 09, 2015, 10:44:41 AM
#14
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

You don't know the future. Me neither.
You need Bitcoin, you need a couple altcoins, you need some stocks, properties and gold too. As much as you can afford to gather.
If you diversify, you have a chance.

If you play all on Bitcoin card, you have 50% to win big and 50% to lose all. If you'd know for sure that it's about winning, you would not ask: you'd put all your savings into Bitcoin. But you don't. Diversify.
sr. member
Activity: 336
Merit: 250
September 09, 2015, 10:36:36 AM
#13
do you really think being a millionaire in 5year is really even possible but I will pray to god that you became a millionaire and after being millionaire give me 5% of your property..btw I don't think gathering 800bitcoin are possible in 5 year you need 20-25years and a lot of hard work
sr. member
Activity: 317
Merit: 252
September 09, 2015, 10:27:38 AM
#12
sr. member
Activity: 364
Merit: 250
September 09, 2015, 09:39:59 AM
#11
In the next 5 years if you want to be a millionaire you need about 2000BTC if bitcoin price still like this or even higher from now. But if bitcoin price go down, that's a different story.
In the next 3 years, i would say you need about 1000-1500BTC to get millionaire rank Grin.
I can't predict what would happen to bitcoin in next 3-5 years accurately, so maybe you just need to get about 500BTC or even 5000BTC to be a millionaire depend on bitcoin price on market in that time.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
September 09, 2015, 09:26:37 AM
#10
The only metric to take heed of is the number that won't make you top yourself or an embittered troll if it tanks.
legendary
Activity: 1946
Merit: 1137
September 09, 2015, 09:00:40 AM
#9
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

it depends on how much you think bitcoin is going to grow or fall. there are so many different opinions that i am sure soon you will see in this thread.

if bitcoin goes back to its high price of $1000-1200 then you will need at least 1000BTC to have at least one million which won't make you a millionaire.
legendary
Activity: 2688
Merit: 1026
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September 09, 2015, 05:51:56 AM
#8
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.
Depends in which part of world you live.At my place you would already be millionaire if you could afford to buy 50 btc
legendary
Activity: 1442
Merit: 1016
September 09, 2015, 05:51:18 AM
#7
I think 10000 should be enough. Then you are covered down to $100. If it goes lower than that you could just buy more...

How do you wanna get such an amount of coins in that short period of time? Remember he was asking for the next 5 years.
legendary
Activity: 1442
Merit: 1016
September 09, 2015, 05:48:56 AM
#6
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

Being a Bitcoin millionaire in 5 years I would guess at least 1000 bitcoins are needed. So not many will be able to achieve that.
However 10 bitcoins is a goal everybody should try to reach.And maybe in 10-15 years when Bitcoin still exists these 10 coins make you wealthy as well. In the end it's all speculation and that's why the thread belongs in that section.
member
Activity: 112
Merit: 10
September 09, 2015, 05:48:23 AM
#5
I think 10000 should be enough. Then you are covered down to $100. If it goes lower than that you could just buy more...
hero member
Activity: 686
Merit: 500
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September 09, 2015, 05:47:23 AM
#4
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

Keep 100 or more on your wallet and HOLD until the next of next halving time, it's seems like in year 2020 CMIWW.
legendary
Activity: 3248
Merit: 1070
September 09, 2015, 05:45:25 AM
#3
depend on how many millions you want, if you just want 1 million only, the typical 100x10k should work good, so 100 btc are enough to hold

the less coins you have the more you have to wait, theoretically... are you willing to wait more and risking that bitcoin will become worthless for whatever reason, or you can't wait and it's better for you to have 1k btc at least?
sr. member
Activity: 320
Merit: 250
September 09, 2015, 05:32:43 AM
#2
You need 4000 btc today to be as a millionaire. If btc leap to 1000 usd in three years. You need only 4000/5 = 800 btc to be known as millionaire.
newbie
Activity: 5
Merit: 0
September 09, 2015, 05:28:39 AM
#1
Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.
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