What is your money aim? At which point you would go in "retire"? - page 3.

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: chennan on August 06, 2016, 02:51:35 PM

I would imagine the majority of people here on this site is still fairly young... So why would you want to retire? I guess to me, working is something I look forward to everyday and is a reason for me to keep on going with life, besides family and other things such as hobbies.

Idk, it's always a goal for me to be rich and enjoy my time here on earth... But not retire.

Well it depends on your job or way of earning money.

My job is not horrible but if I could afford to quit I would.

It doesn't mean I wouldn't do anything, although there is nothing wrong with that (reading books, travelling, being on a beach everyday, and other things), but the only "job" that I would really consider is investing in things, so I'd need more money for that. Investing in real estate, investing in promising start ups, that sort of thing.

chennan

legendary

Activity: 1316

Merit: 1004

I would imagine the majority of people here on this site is still fairly young... So why would you want to retire? I guess to me, working is something I look forward to everyday and is a reason for me to keep on going with life, besides family and other things such as hobbies.

Idk, it's always a goal for me to be rich and enjoy my time here on earth... But not retire.

Cryptonitex

full member

Activity: 210

Merit: 100

Not planning on retiring yet. Planning my retirement.

angaper

hero member

Activity: 966

Merit: 507

Because of the great volatility in the bitcoin price, at this moment I would prefer to set my target in dollars, otherwise if I preferred to set my target in bitcoins I would be in permanent risk of losing a great proportion of my money overnight and my retirement would be in continuous stress.

densuj

legendary

Activity: 910

Merit: 1000

Quote from: ifightformerkel on May 25, 2016, 03:29:54 PM

How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

I have a target about 200-300 BTC until retire.
And reasons i will be retire if i have made all of my bitcoins on real Investment are like properties, adding real capital of business. And i don't full retire on bitcoin, i am be update on this forum, if i can i will make something useful for this forum.

avikz

legendary

Activity: 3080

Merit: 1500

Human needs are dynamic and so as the world economy. I am at my thirties so if I want to retire at 50, then I will have consider the inflation and the value of money at that time. It is pretty much impossible to guess now.

So the the planning should also be dynamic and will be based on the value of money I guess. If I think about today, then at least 2 million would be sufficient I think.

csnorthchina

member

Activity: 112

Merit: 10

I think around 500 BTC then can make me into the ''retire'' mode...
but it is really hard to reach... Sad

23dzmaz

sr. member

Activity: 420

Merit: 250

Quote from: ifightformerkel on May 25, 2016, 03:29:54 PM

How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Well, i still not decide how many bitcoins i need to retire. Maybe many bitcoins, around 100-1000 bitcoins and if i already have that many bitcoins, i will quit my real life job and enjoy my coins.

serjent05

legendary

Activity: 3052

Merit: 1281

Get $2100 deposit bonuses & 60 FS

My aim in earning money is to collect 1000 BTC. It is a dream but well if got lucky might hit it. But im not retiring yet. I am enjoying this crypto stuff. It is great to have something that you're earning while enjoying it. On the other hand, i think if I hit it, ill still continue with bitcoin stuff and of coure will retire onm y daily job.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

In terms of BTC, I will never stop the hustle, I need as many as possible. It will go to 100k per coin in the next decade so 21 coins would be a fantastic amount to own, also to belong to the scared 1 million club institution.

coindancer

member

Activity: 82

Merit: 10

my aim is 1 then 10 then 100 and maybe 1000 but this would be hard to reach. retirement with 50 years old if possible.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

It's hard to talk about numbers when one part of the equation is asset proven to be extremely unstable and volatile.
That is why I don't think bitcoin in its current state can't be used as your base for retirement fund.

What if bitcoin one day will turn out to be just a bubble?

xJuturna

sr. member

Activity: 252

Merit: 250

Close to 500 bitcoin would be good for me but that's all dependent on what it's worth at the time I own that amount. I'd like to hope it would be worth at least 1mil at that time, but that doesn't necessarily mean I would retire with it. I would vest half of in some sort of bank roll after much research, half of the leftover I would hold onto and allocate some of it to the most promising altcoins available or maybe start a mining business. This is way in the future and there's so many options Roll Eyes

JessicaSe

legendary

Activity: 840

Merit: 1000

The day I would be holding 100 btc in my wallet at the same point of time I will retire from my job as 100 btc is more then enough for me to live luxury life.

jak3

legendary

Activity: 1274

Merit: 1004

i think 1/2 million will be more than enough bit then i think i should think for a backup plan too. so let me see how much i can make in 60years

Daniel91

legendary

Activity: 3374

Merit: 1824

Very interesting question.
I have my very ''boring'' offline job which I hope to replace completely with my online earnings, including earnings from Bitcoin.
I will feel that I can ''retire'' when my online earnings becomes more stable and at least 2 times bigger than my offline earnings.
In order to achieve this financial goals I count on Bitcoin but also I'm investing part of BTC funds in some other investment opportunities and also working on my own online business.
Hoping the best.

mindrust

legendary

Activity: 3276

Merit: 2442

All i need a nice house with a garden near the sea and a nice dog to guard my house. I don't care for anything else. An SUV and a boat would be nice additions though.

When i got those i won't have to work anymore.

diodio5

hero member

Activity: 490

Merit: 500

Quote from: drwtsn32 on August 06, 2016, 05:54:30 AM

I don't have a certain point of amount but I won't stop until I find a better earnings.
A business for example, or a high-salaried job where I would not be needing to have a side-earning like bitcoin.

I think you have to have it. the same as the purpose of life. You must have a number of targets for the amount of wealth you wanna get out of bitcoin. because believe it or not it will make your spirit again in collecting and getting bitcoin. because you pick the destination and the road

drwtsn32

sr. member

Activity: 476

Merit: 250

I don't have a certain point of amount but I won't stop until I find a better earnings.
A business for example, or a high-salaried job where I would not be needing to have a side-earning like bitcoin.

Senor.Bla

sr. member

Activity: 280

Merit: 253

Quote from: shinratensei_ on August 05, 2016, 09:08:44 PM

Quote from: topiOleg on August 05, 2016, 05:57:51 PM

Quote from: BitMaxz on August 05, 2016, 04:51:12 PM

100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.

Maybe in the future, but definitively not today. 50 BTC is like one new car only, you need much more today to live like a boss. But in future, maybe.

he's true if he wanna to starting a small business with 50 BTC but nothing for hoping to starting a large with this amount. but maybe just using 25 BTC you got a new car in this time. Tongue

in most "western world" countries you need about $0.5M which is about 1000 Bitcoin just to live of the money and what it generates in revenue.
but if you move to a so called poor country then it is way less. but also the living conditions will be of lower quality. 100 ov 50 BTC is maybe enough if you plan to die in the next 2-3 years.

Topic: What is your money aim? At which point you would go in "retire"? - page 3. (Read 6141 times)