What is the right number of BTC to own in order to become rich in 10 years??

itsallpc

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Quote from: donbu7 on May 09, 2017, 11:44:13 AM

I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.

You can try to join the 21 BTC club which is mostly mentioned in bitcoin discussions.My friend used to say to me that his aim is to join the 21 BTC group so that he could enjoy a happy retirement life.He has saved almost 10 BTC now.But with today's high price of bitcoin,i think 10 BTC is enough to get rich.

nelmari

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Probably around 1 BTC per coin you are trading is the least you could invest in, and when you say rich like how much are we talking about here? How many figures because there are some who are contented of profiting around half a million and they can say they are rich.

romero121

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Quote from: naidray on July 01, 2017, 02:46:56 AM

Quote from: aesma on June 30, 2017, 04:04:27 AM

There is rich and then there is rich. It all depends on a lot of parameters.

For me rich would be 5-6 millions euros, enough to buy flats bringing me a steady and safe income, and to buy a very nice house or two, nice cars, live without having to look at my finances all the time...

For others it would be 10 times that, enough to live in a great house in the middle of an expensive city, drive supercars and fuck models. I wouldn't say no to that of course.

For others still it could be 10 times less, 500K€ would be rich, in developing countries especially.

In 10 years if BTC is still there I expect it to be worth at least 10000€. 5mil gives us 500BTC.

Basically to be rich in 10 years, I would need to be almost rich today.

Or BTC might rise much more, then all bets are off.

Yes I agree the rich is basically a level of every individual that he/she defines in their mind to what extent they earn money and can say that they are rich now. Everyone in this regard has a personal opinion; also if we say that it doesn’t require you to be rich to buy a bitcoin I think this will be wrong. A person holding a single bitcoin can be rich according to his thinking and a person holding 10 bitcoins may not consider himself as the rich one because of his understanding and satisfaction level.

Being rich in terms of money value as well property holding and other sophisticated style of living varies from person to person. At the same time on an average we can have a calculated amount to make one to be rich. On that stance I think around 20 bitcoins might be required to be rich. Even person with a single bitcoin might also be rich. Nothing to get surprised if something happens.

naidray

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Quote from: aesma on June 30, 2017, 04:04:27 AM

There is rich and then there is rich. It all depends on a lot of parameters.

For me rich would be 5-6 millions euros, enough to buy flats bringing me a steady and safe income, and to buy a very nice house or two, nice cars, live without having to look at my finances all the time...

For others it would be 10 times that, enough to live in a great house in the middle of an expensive city, drive supercars and fuck models. I wouldn't say no to that of course.

For others still it could be 10 times less, 500K€ would be rich, in developing countries especially.

In 10 years if BTC is still there I expect it to be worth at least 10000€. 5mil gives us 500BTC.

Basically to be rich in 10 years, I would need to be almost rich today.

Or BTC might rise much more, then all bets are off.

Yes I agree the rich is basically a level of every individual that he/she defines in their mind to what extent they earn money and can say that they are rich now. Everyone in this regard has a personal opinion; also if we say that it doesn’t require you to be rich to buy a bitcoin I think this will be wrong. A person holding a single bitcoin can be rich according to his thinking and a person holding 10 bitcoins may not consider himself as the rich one because of his understanding and satisfaction level.

B1tUnl0ck3r

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Quote from: shield132 on May 18, 2017, 04:37:59 PM

I usually don't post in such silly threads but wait guys, what gives you guarantee that bicoin's price will grow? Hope everyone here knows how changeable it is. So also there is a chanse it will fall. On another hand, for some people rich is millionare, for some - billionare and etc, so this isn't correct termine. Forget future dreams and think on current real time.

You can't fight the future. Either bitcoin succeeds or we're all screwed anyway.

el kaka22

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Quote from: Vaskiy on June 30, 2017, 01:08:12 PM

Make 2030 to be the deadline, so that you can be rich even with very few number of bitcoin. Probably 5-10 btc will make you rich providing all that you expecting to have in your life. Because by that time with assurance the price will be big as we'll be crossing three halving which causes the mining decrease and a increase in value because of the continued mass adoption all around the globe.

2030 must be too far by considering here many people are targeting 2020 or at least 2025. But the reason, you are providing must be valid because whatever will be happening are not (like legalization by few countries) but halving will definitely make bitcoin into flying toward moon.

There are few expert's speculation that bitcoin will be having million dollar value within next five years, if we go along with this speculation then by 2030 bitcoin will be having value round 20 millions. Too big to consider for achiving richness !

Vaskiy

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Make 2030 to be the deadline, so that you can be rich even with very few number of bitcoin. Probably 5-10 btc will make you rich providing all that you expecting to have in your life. Because by that time with assurance the price will be big as we'll be crossing three halving which causes the mining decrease and a increase in value because of the continued mass adoption all around the globe.

aesma

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There is rich and then there is rich. It all depends on a lot of parameters.

For me rich would be 5-6 millions euros, enough to buy flats bringing me a steady and safe income, and to buy a very nice house or two, nice cars, live without having to look at my finances all the time...

For others it would be 10 times that, enough to live in a great house in the middle of an expensive city, drive supercars and fuck models. I wouldn't say no to that of course.

For others still it could be 10 times less, 500K€ would be rich, in developing countries especially.

In 10 years if BTC is still there I expect it to be worth at least 10000€. 5mil gives us 500BTC.

Basically to be rich in 10 years, I would need to be almost rich today.

Or BTC might rise much more, then all bets are off.

South Park

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Quote from: shield132 on May 18, 2017, 04:37:59 PM

I usually don't post in such silly threads but wait guys, what gives you guarantee that bicoin's price will grow? Hope everyone here knows how changeable it is. So also there is a chanse it will fall. On another hand, for some people rich is millionare, for some - billionare and etc, so this isn't correct termine. Forget future dreams and think on current real time.

There is no guarantee and while past results cannot predict future results using the past is the only way we can try to extrapolate the future and using the past of bitcoin there is one thing that holds true, in the long term bitcoin always grows, there are some ups and downs ion the short term but that is to be expected.

cpfreeplz

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Quote from: ananas99 on May 19, 2017, 12:48:35 AM

Quote from: shield132 on May 18, 2017, 04:37:59 PM

I usually don't post in such silly threads but wait guys, what gives you guarantee that bicoin's price will grow? Hope everyone here knows how changeable it is. So also there is a chanse it will fall. On another hand, for some people rich is millionare, for some - billionare and etc, so this isn't correct termine. Forget future dreams and think on current real time.

Forecasts ungrateful business, I would not have become so far to start my story about what I think about Bitcoin and its future. Of course, everyone hopes for nothing but positive moments and a high price, but how we all understand reality can be completely different

Nah that's bs. Bitcoins are going to the moon and no one can stop them. The rise is going vertical next year. Mark my words. You can quote me on that. 2018 will be a never ending vertical chart with tiny little red blips here and there when whales offload for some profits.

carlisle1

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Quote from: rajasumi3 on May 09, 2017, 12:06:00 PM

People will never be satisfied with what they have,they will want to have more and want to earn more and more.according to me,well 21 bitcoins would be even for you to become rich.

You are right mate, although we already got what we want as well as what we need we are still aiming something more we will still look for much greater . At the moment that we have nothing we often think that such amount would be enough whether it is 20 btc or higher than that but after achieving that we will have a new mindset which is to aim more than we have .

ananas99

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Quote from: shield132 on May 18, 2017, 04:37:59 PM

I usually don't post in such silly threads but wait guys, what gives you guarantee that bicoin's price will grow? Hope everyone here knows how changeable it is. So also there is a chanse it will fall. On another hand, for some people rich is millionare, for some - billionare and etc, so this isn't correct termine. Forget future dreams and think on current real time.

Forecasts ungrateful business, I would not have become so far to start my story about what I think about Bitcoin and its future. Of course, everyone hopes for nothing but positive moments and a high price, but how we all understand reality can be completely different

shield132

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I usually don't post in such silly threads but wait guys, what gives you guarantee that bicoin's price will grow? Hope everyone here knows how changeable it is. So also there is a chanse it will fall. On another hand, for some people rich is millionare, for some - billionare and etc, so this isn't correct termine. Forget future dreams and think on current real time.

equator

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It is upto the each users wishes that how much their wish are to fullfill that much they will be needing it, if what other and i myself is thinking that the price of each bitcoin going to be around $10000 + each then i just need 10 btc to settle my life because when i convert them to my fiat currency that is more then enough to control my wishes.

aesma

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My answer would be what is the effort I'm ready to make to become rich ?

I'm lazy, I'd like to be rich to never have to work again, maybe have people working for me too (not sure I'd actually like that, though). Doesn't mean I would not do anything to earn more, I can see myself being a business angel, or just investing in companies and real estate, but not anything where I need to be at my desk every morning.

The consequence of my laziness though is that I'm not going to work like crazy to achieve that goal, it would defeat the purpose. I take overtime at work when possible, but I'm not starting a side business to earn more money, even if I could.

Right now I have a 2 digits number of bitcoins and have been holding them for more than a year, I'm not putting more into it because I feel I can't risk it, I want to buy a house soon. Once that is done, I might invest more, I like the goal of owning 21 BTC, 42 is also a number I like.

surix

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if you think being rich is having x USD and you think price will be y usd per coin in ten years, you have very simple math to get the answer.

For example 1mln and 20kper coin will give 50 BTC.

Elcapsono

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Quote from: YuginKadoya on May 18, 2017, 12:59:17 PM

Quote from: donbu7 on May 09, 2017, 11:44:13 AM

I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.

As a matter of fact we are certainly rich in our own way if you have obtain about 0.1 btc I think that is a lot you can get for now, then you can surely take up trading so your threshold would increase and keeping this up may end up in some great amount of bitcoin just be ready for certain failures, if you have a BTC you can simply just invest with it and see for yourself that you are getting rich in no time, because of the of bitcoin right now you can really see a good fortune for you.

10 Toyota in the financial market is quite a long time and predict what will happen with the Bitcoin crypto currency in particular Nobody can predict to within 100%, but there are all sorts of predictions about the future of Bitcoin that we should expect very good prices for crypto currency. Hurray today we see a good stable growth and there is hope that until the end, Bitcoin will still cost $ 2000.

YuginKadoya

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Quote from: donbu7 on May 09, 2017, 11:44:13 AM

I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.

As a matter of fact we are certainly rich in our own way if you have obtain about 0.1 btc I think that is a lot you can get for now, then you can surely take up trading so your threshold would increase and keeping this up may end up in some great amount of bitcoin just be ready for certain failures, if you have a BTC you can simply just invest with it and see for yourself that you are getting rich in no time, because of the of bitcoin right now you can really see a good fortune for you.

marcuslong

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Let say 1000 bitcoin is enough for me to brcome rich after 10 years i see my self having a good business that related to bitcoin and people would love that for sure and our technology become more greater worldwide that can use bitcoin anywhere we want.

Topic: What is the right number of BTC to own in order to become rich in 10 years?? (Read 3708 times)