What is your money aim? At which point you would go in "retire"? - page 4.

shinratensei_

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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

aesma

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Starting a business is not retiring, it's the opposite, working crazy hours !

topiOleg

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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.

BitMaxz

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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?

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.

aesma

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Quote from: Doamader on August 04, 2016, 04:36:23 PM

Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.

Where do you live ? 500BTC is only enough to buy a 2 bedroom flat where I live.

I would probably move to a cheaper location if I retired, but you can't expect cheap locations to stay cheap forever, so you need investments that will follow the cost of living. At the moment I think I'd like to live in Morocco, Casablanca to be precise.

aesma

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About 5000 BTC

I wouldn't hold that much coin though, I would buy 10 apartments/houses and live off the rents.

If I'm earning money easily (extremely well paid job for example) I would probably keep going a few more years to be able to buy an island (not an expensive one, in Panama they're quite cheap) and a floatplane.

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Quote from: Decoded on August 04, 2016, 03:52:22 AM

I personally aim for a couple thousand bitcoin Tongue

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.

ten thousand bitcoins would definitely be perfect for me as with it i would be able to live the rest of my life happily not thinking about my job

extrabyte

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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?

A hard working person can not go full retired because he can't stay doing nothing, but in generally I think one million or maximum of few million dollars for a person should be needed to go full retired, I can't convert these in bitcoin as the bitcoin changes very often in few days.

Pattart

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Quote from: Decoded on August 04, 2016, 03:52:22 AM

I personally aim for a couple thousand bitcoin Tongue

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.

yeah of course, to be able to retire and you have to have a lot of money so you can live a day of pleasure when your parents, you may need thousands of bitcoin. I also agree with the total amount. I was gathering my bitcoin to thousands. I hope I can be patient until the next 20 years lol

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Quote from: Decoded on August 04, 2016, 03:52:22 AM

I personally aim for a couple thousand bitcoin Tongue

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.

it would be great to have that much bitcoins though i think it needs a lot of efforts for getting it, i hope that i will make profit with it in the future

Doamader

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Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.

Yakamoto

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I personally don't think that I will ever really "retire", and chances are I am going to end up doing this for a relatively long time. Making an extra $1k a year in Bitcoin (roughly) from the entirety of things that I do is definitely something I want to miss out on, until I'm making a three-digit salary anyways. The money from Bitcoin can easily be repurposed and can be made useful, and I've already been seeing some of my savings going up. You just have to find ways to do things.

zodin

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in fact i belong to a middle class family and my aim of earning money is very simple i just want to earn money have have a sable and good life, i am not welling of earning a lot money which become difficult to manage to me i have such amount of money from which i can lead a good life, and that is enough for me, i have to get retirement if i feel that now my children can earn such amount of money from which they can lead a standard life then my aim of earning money wll be completed.

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If I wanted to retire but have a great life & enjoy myself not worrying about money it'd have to be something like 10,000 bitcoin's.

That's never going to happen though so I should just stop dreaming & carry on working Undecided

Vikingr

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My aim is to start my own industry of any product and when I get that aim I will slower down my work and will then get the profit from there and after that I will spend a peaceful and full of luxurious life with my family and with my best friends.

entrepmind23

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I need at least 2,000 to 5,000 BTC to retire. I really hope that I can achieve that amount of BTC so that I can retire comfortably and have a peace of mind.I would invest that amount in an investment vehicle that would let me earn interest that is enough to support my expenses monthly.

tyz

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At my current age I would need at least 2,500 Bitcoins (at the current price) to get retired.
But, it highly depends where you live. In a industrial nation you need at least $20,000 to 30,000 a year to make an average living.

ezehy2014

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My target in the world of bitcoin is to get like 5000 - 10000 btc, then I can go and rest because I will not need money for life again I will just exchange it for my country's currency

SAMKUSH

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I would say that I would stop trading when I reach an amount that I could comfortably live off for the rest of my life. This would be around 15,000btc, i would however not stop using Bitcoins, I would probably invest that 15,000 into something like a casino bankroll or fund exchanges, it is the money I receive from this that I would live off.

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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?

Maybe if have 500bitcoins thats the right time for me to quit in bitcoinworld, its a real big amount for me to achieve all my dreams in life.
I can buy a new home house and lot.cars and build my own business and I can peacefully leave and have a happy life.

Topic: What is your money aim? At which point you would go in "retire"? - page 4. (Read 6141 times)