Topic: How many BTC will make you a fiat millionaire in 5 years? (Read 21836 times)
It is nice to plan for 5 years from now to be a millionaire by having bitcoins, I think if you have 100 bitcoins or more, then you have a good chances to be a bitcoin millionaire as the chances of price appreciation is quite high. Keep collecting more bitcoins as and when you can.
Right now, it is very difficult to imagine an exchange rate of more than $10,000 per coin for Bitcoin in 2020. So I assume that if someone is having BTC100 in his wallet, then he can become a millionaire, in fiat terms.
According to forecasts but, bitcoin will produce a few more years until the last mined bitcoin. When it's over, the price may rise to $ 10k, and then it will be easier. Total 100btc and you're king.
A few more years? Try 100 years. We'll all be long gone, seriously. If we have to wait that long for BTC to hit $10,000 we'll never see it.
So, what's your take in 5 years....not 100 years? I'll say BTC1000. (Which would make you a bitcoin millionaire today)
Let's do all sort of investments or ways that could give the amount we are hoping, think always that actions speaks louder than words and taking risks is our main weapon for success.
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
Yup, it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin rate is much greater which can make you a millionaire quicker than you will imagine. I think, in next 2 year bitcoin growth will rate exceed up to greater levels then no need to wait for 5 years working, you will be millionaire in just 2 year if you will be continuously working for bitcoins.like hundreds of coins, then my future and the the future of my family will be guaranteed for the rest of our lives.
No one ever can sure about it. Because inflation of fiat might make cost of living into 10X times too. No one can predict even 10 million USD also will be enough for next generations as US dollars also might lose its buying power.
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
yup it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin growth rate is much greater may be in coming time much less bitcoin can make you a millionaire. I think, In coming 2-year bitcoin currency rate exceed up to greater level then why you wait for 5-year working you will be millionaire in just 2-year if you continuously working with bitcoin.So according to the growth rate of about x4 each year, you will be able to be a millionaire from 1 bitcoin in 6 years.
But again.. nothing is predictable so don't catch me on the word/
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
yup it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin growth rate is much greater may be in coming time much less bitcoin can make you a millionaire. I think, In coming 2-year bitcoin currency rate exceed up to greater level then why you wait for 5-year working you will be millionaire in just 2-year if you continuously working with bitcoin.So according to the growth rate of about x4 each year, you will be able to be a millionaire from 1 bitcoin in 6 years.
But again.. nothing is predictable so don't catch me on the word/
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
yup it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin growth rate is much greater may be in coming time much less bitcoin can make you a millionaire. I think, In coming 2-year bitcoin currency rate exceed up to greater level then why you wait for 5-year working you will be millionaire in just 2-year if you continuously working with bitcoin.So according to the growth rate of about x4 each year, you will be able to be a millionaire from 1 bitcoin in 6 years.
But again.. nothing is predictable so don't catch me on the word/
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
yup it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin growth rate is much greater may be in coming time much less bitcoin can make you a millionaire. I think, In coming 2-year bitcoin currency rate exceed up to greater level then why you wait for 5-year working you will be millionaire in just 2-year if you continuously working with bitcoin.So according to the growth rate of about x4 each year, you will be able to be a millionaire from 1 bitcoin in 6 years.
But again.. nothing is predictable so don't catch me on the word/
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
Yup, it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin rate is much greater which can make you a millionaire quicker than you will imagine. I think, in next 2 year bitcoin growth will rate exceed up to greater levels then no need to wait for 5 years working, you will be millionaire in just 2 year if you will be continuously working for bitcoins.like hundreds of coins, then my future and the the future of my family will be guaranteed for the rest of our lives.
No one ever can sure about it. Because inflation of fiat might make cost of living into 10X times too. No one can predict even 10 million USD also will be enough for next generations as US dollars also might lose its buying power. It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
I my self is living in 3rd world country, All I could say is, assuming that the price of bitcoin was stagnant in $1000, I would only need also a little more than 20 bitcoins. But just to be sure about life, I think 50 is enough since after 5 years things around us will be changing and we might need more than 1 million, and we would be needing more to atleast survive without working, with that said, I think we should accumulate as many as we can.
According to forecasts but, bitcoin will produce a few more years until the last mined bitcoin. When it's over, the price may rise to $ 10k, and then it will be easier. Total 100btc and you're king.
A few more years? Try 100 years. We'll all be long gone, seriously. If we have to wait that long for BTC to hit $10,000 we'll never see it.
So, what's your take in 5 years....not 100 years? I'll say BTC1000. (Which would make you a bitcoin millionaire today)
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
I my self is living in 3rd world country, All I could say is, assuming that the price of bitcoin was stagnant in $1000, I would only need also a little more than 20 bitcoins. But just to be sure about life, I think 50 is enough since after 5 years things around us will be changing and we might need more than 1 million, and we would be needing more to atleast survive without working, with that said, I think we should accumulate as many as we can.
It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
Theoretically, for the following five years bitcoin can rise up to $ 2-3k for 1Btc, but if you consider how many bitcoin need to become a millionaire, it turns out that during this time will be very hard to earn that amount. Almost impossible. In practice, the average 400btc and where to get them for five years. What kind of work so generous.
Yes that is true. As theory people can't be enough to get as many btc as he want though becauae no one in this world is able to fulfill his satisfaction of money. The more money you got the higher needs that you really need to get. Mean while if you got enough then your needs can't be that high. But for me 100 btc is more than enough to be a milionaire in my country. Btw how are you going to get 400 btc in 5 years? 80 btc per year is really hard to get
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.
Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000)
I doubt BTC will drop to 500$, in which case you would need 2000BTC
In 5 years, if bitcoin will still be in existance, I predict the price to be no less then 15K$ a coin.
At that price, about 65 bitcoins will make you a millionaire at USA terms.
Anyway, BTC investing is really risky, so again I am saying, do not buy bitcoins with money that you can't afford losing.
I never think bitcoin price can reach 15k$ per coin even bitcoin still exist in next 10 years and for being millionaire with bitcoin, you need hold around 200btc if the price can reach $2000-$4000 per coin.At that price, about 65 bitcoins will make you a millionaire at USA terms.
Anyway, BTC investing is really risky, so again I am saying, do not buy bitcoins with money that you can't afford losing.
According to forecasts but, bitcoin will produce a few more years until the last mined bitcoin. When it's over, the price may rise to $ 10k, and then it will be easier. Total 100btc and you're king.
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.
Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000)
I doubt BTC will drop to 500$, in which case you would need 2000BTC
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.
Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000)
I doubt BTC will drop to 500$, in which case you would need 2000BTC
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.
Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000)
I doubt BTC will drop to 500$, in which case you would need 2000BTC
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