Those are two extremes. You'd have to give up a lot to live on $15k / year, which defeats the meaning of being rich. For me, if I'm not living where I want to live, I'm not rich no matter the amount of money I have. I'd rather work to live (rent) in a nice Los Angeles beach city, than to be financially free in the middle of North Dakota.
This is why it is interesting the op asked for the amount of money you need to become rich since rich means different things to different people, a person may be broke but if he has his family he may consider himself rich, some may need very few things to consider themselves rich while some others will need a lot more than that. 
Topic: What is the right number of BTC to own in order to become rich in 10 years?? - page 2. (Read 3708 times)
May 18, 2017, 01:14:51 PM
May 17, 2017, 03:06:22 PM
Those are two extremes. You'd have to give up a lot to live on $15k / year, which defeats the meaning of being rich. For me, if I'm not living where I want to live, I'm not rich no matter the amount of money I have. I'd rather work to live (rent) in a nice Los Angeles beach city, than to be financially free in the middle of North Dakota.
May 17, 2017, 02:20:32 PM
How do you define rich?
For me its someone, who is independant of corporate/state employment to meet basic needs.
I could manage to do that on 15k USD a year. Less than 100k would be needed for turning your life around like that. Thats for me. 10 bitcoins should be enough.
However, do you need your own harem, jetplane and private army of mercenaries? Then, maybe even 1000 bitcoins wont be enough to pay for everything you consider to be privilege of "the rich"...
For me its someone, who is independant of corporate/state employment to meet basic needs.
I could manage to do that on 15k USD a year. Less than 100k would be needed for turning your life around like that. Thats for me. 10 bitcoins should be enough.
However, do you need your own harem, jetplane and private army of mercenaries? Then, maybe even 1000 bitcoins wont be enough to pay for everything you consider to be privilege of "the rich"...
May 17, 2017, 01:43:22 PM
hmm perhaps look to diversify - some altcoins can give you 1000% return.
Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
Someone that can put 5000 in a shot in the dark has no problems with money, we talk about bitcoin because it is the most solid of all the crypto currencies, you can invest in altcoins if you want, but you will have no way to know if you are going to be successful at all and you could lose all your money. Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
May 17, 2017, 01:36:29 PM
hmm perhaps look to diversify - some altcoins can give you 1000% return.
Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
That's wonderfully easy to say in retrospect. $5000 is a substantial amount to place on a wild bet when you're already taking a wild bet with BTC.
May 17, 2017, 01:32:55 PM
hmm perhaps look to diversify - some altcoins can give you 1000% return.
Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
Why wait 10 years to be rich? If you have put in like $5,000 in ripple earlier this year you would have been up hundreds of grand
May 17, 2017, 12:58:33 PM
Just to be sure you will be a millionaire after 10 years, you need to hold at least 1000 BTC. It is better to make it a millionaire this early just to be sure that you will be a millionaire after 10 years. Honestly, no one can say an exact amount since the price of bitcoin after 10 yeast is yet to be known.
Awesome math skills, bro.
If I had 1000 BTC right now I would extract 1 million dollars for my caravan holidays and then sit on the remaining few hundred. That's the essence of a win win.
I wonder you might be targeting about $ 10 million as after 10 years bitcoin might be having value more than $10k price levels in that case you may need around 100 bitcoins only.
May 17, 2017, 12:54:05 PM
Just to be sure you will be a millionaire after 10 years, you need to hold at least 1000 BTC. It is better to make it a millionaire this early just to be sure that you will be a millionaire after 10 years. Honestly, no one can say an exact amount since the price of bitcoin after 10 yeast is yet to be known.
Awesome math skills, bro.
If I had 1000 BTC right now I would extract 1 million dollars for my caravan holidays and then sit on the remaining few hundred. That's the essence of a win win.
May 17, 2017, 07:44:52 AM
Just to be sure you will be a millionaire after 10 years, you need to hold at least 1000 BTC. It is better to make it a millionaire this early just to be sure that you will be a millionaire after 10 years. Honestly, no one can say an exact amount since the price of bitcoin after 10 yeast is yet to be known.
Not sure if you're aware of where we stand as we speak, but with 1000BTC you're already a millionaire right now ~ precisely $1,860,000.I even think that at some point we'll see the $10,000 mark per coin. If I aim to be a millionaire at some point in the far future, I'll make sure to have exactly that many coins (100BTC).
However, I am more a down to earth person. My main target is to make profits every year in order to see my wealth increase. If I at some point become a millionaire, it's perfect of course, but it's not my main priority.
May 17, 2017, 07:18:42 AM
Just to be sure you will be a millionaire after 10 years, you need to hold at least 1000 BTC. It is better to make it a millionaire this early just to be sure that you will be a millionaire after 10 years. Honestly, no one can say an exact amount since the price of bitcoin after 10 yeast is yet to be known.
As the price fluctuation is common with bitcoin we cannot make exact predictions of the price. Based on the price move people becomes millionaire or goes down ruining the life. I believe the price of bitcoin increases with respect to time. So surely holding a minimum of 100 bitcoin will make you richer in 10 years time. Experts have various price predictions starting from $4k to $50k in a short time period. 
May 16, 2017, 05:15:00 PM
Just to be sure you will be a millionaire after 10 years, you need to hold at least 1000 BTC. It is better to make it a millionaire this early just to be sure that you will be a millionaire after 10 years. Honestly, no one can say an exact amount since the price of bitcoin after 10 yeast is yet to be known.
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May 16, 2017, 04:52:37 PM
Today, you will need to consistently hold on to approximately 150 bitcoin for 10 years to be safely worth well over $1million-USD.
May 16, 2017, 03:04:03 PM
How much in USD or btc is rich to you? To me it would be a few million USD worth of btc.
If you buy in at current prices and hold for 10 years, i imagine the price would be much higher, 20 or 30x higher than it is now at least. Def a good thing to hold some.
If you buy in at current prices and hold for 10 years, i imagine the price would be much higher, 20 or 30x higher than it is now at least. Def a good thing to hold some.
May 16, 2017, 01:43:28 PM
i don't know how much you think is rich ? 1 million is rich? or 5 million $?
but you'd better hold at least 100 bitcoins and you will be rich in the future no doubt.
but you'd better hold at least 100 bitcoins and you will be rich in the future no doubt.
May 16, 2017, 12:59:43 PM
Ridiculous post
If BTC skyrocks to 100-500k $, the dollar will be in hyperinflation and your million $ (BTC equivalent) are worth not much more than now.
Atm in a normal western country you require 50-100k $ to live a normal life (without luxury).
To relax till your death (e.g. 40yr old male), you need at least 40yr of salary in BTC.
Let's assume the best case, that means you need at least 2Mio worth of BTC.
10k $ per BTC: 200 BTC
To become really rich, even 1000 BTC will probably not be enough.
May 13, 2017, 09:00:38 AM
Ridiculous post
If BTC skyrocks to 100-500k $, the dollar will be in hyperinflation and your million $ (BTC equivalent) are worth not much more than now.
Atm in a normal western country you require 50-100k $ to live a normal life (without luxury).
To relax till your death (e.g. 40yr old male), you need at least 40yr of salary in BTC.
Let's assume the best case, that means you need at least 2Mio worth of BTC.
10k $ per BTC: 200 BTC
To become really rich, even 1000 BTC will probably not be enough.
May 13, 2017, 08:30:49 AM
I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.
Well,i dont know exactly the number but my friend used to say that if we have 21 BTC in our wallet,then we could enjoy a retirement life.I am also trying for the past one year to join that 21 BTC group,but i have not even saved one BTC till now. 
May 13, 2017, 06:04:43 AM
I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.
Several factor are in this question of yours.
Main is where are you located I mean what is your country, if it some highly developed country then i would like to say it will take you 100 BTC with current price rate, if you in the middle maybe half so around 50 BTC, and for the last in low developed countries i would say less then 10 or maybe 5 BTC as high amount. This is really good question you mentioned and really is hard to answer it, my answer is just my opinion anyone can have his.
May 11, 2017, 04:34:02 PM
I was wondering, how many BTC do anyone needs to own in order to become rich in 10 years.
It depends on what you mean by rich, I prefer to use the word millionaire since it is more specific, in order to be a millionaire in fiat in my country and supposing the price of bitcoin reaches 5000 dollars in those 10 years then I need less than 10BTC, so as you see I don’t need a crazy price for bitcoin or a ridiculous amount of coins. 
May 10, 2017, 05:53:21 PM
only one, if by rich you mean millionnaire..
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