Title: How much btc do you need to secure your future? Post by: jerry0 on December 29, 2020, 06:32:55 AM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older.
I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Title: Re: How much btc do you need to secure your future? Post by: sunsilk on December 29, 2020, 07:07:02 AM From those countries, more than 10 would be the ideal for them. The more bitcoin's that they hold and accumulate overtime, the better and more secure future that they have. But what if after 10 years bitcoin's price got into half to a million dollars?
Then obtaining 1 bitcoin as always been suggested would be good. But if you can acquire as much as you can for retirement, do yourself a favor. Title: Re: How much btc do you need to secure your future? Post by: Maus0728 on December 29, 2020, 07:12:23 AM Some prominent people in bitcoin space says that owning at least 0.2 or 0.3 amount of bitcoin is enough in order to become one of the 1% of population who is surefire to become rich just by owning a fraction of bitcoin, some even says you need to have more than 15 BTC or even more.
[1] https://news.bitcoin.com/this-is-how-much-btc-you-need/ However, I think it would be impractical to limit yourself from those numbers and stop accumulating. These are just statistics to evenly spread the wealth based on supply and the current amount of BTC that is circulating. I personally do not have a speficific number in mind since I aim for long term accumulatation even if it means selling a small amount for my needs -- steady but slow will still suffice. Just accumulate as much as possible without giving yourself a limit. That's the goal to secure yourself. Title: Re: How much btc do you need to secure your future? Post by: Jawhead999 on December 29, 2020, 07:14:51 AM That's really depend on many factors like you said above, some peoples enjoyed with his life if he and his family is healthy, peaceful and happily even though they're not rich person. At least they have money to buy food, simple house and simple live. But don't be hypocritical, all peoples will always want become rich instead of poor... since money can make life more easier.
In third world countries 1 BTC is enough to able survive for 10-15 years (depending on how he use the money too), for me I only need 2-3 BTC to secure my future. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. No problem at all, even though the price is high right now... Bitcoin is still bullish and has strong resistance, it will reach $30.000 end this month or next month.Title: Re: How much btc do you need to secure your future? Post by: crwth on December 29, 2020, 07:27:02 AM That's definitely a pretty hard decision to tell because you will never know who you will be like and what happenings you can encounter in the future. Personally, I would want more BTC just to feel that I am secured that I wouldn't have to worry about any negative thing that could happen in my life. Imagine being able to pay hospital bills with BTC that you have earned for the past few years. That's a great blessing. I would've hoped to have more to be secure and to be able to help more people with having BTC.
With a large sum of money, it's definitely an opportunity to help others who need it more than me. Title: Re: How much btc do you need to secure your future? Post by: romero121 on December 29, 2020, 07:47:37 AM It all depends upon the price of the bitcoin. Based on the present market price even a single bitcoin will fulfill lifetime expenses of a man in a third world country. Another thing, with one bitcoin an user can lead his entire life, but the god's grace is a must. The life should not get accompanied by body illness, because it is only thing that makes people to spend by need whereas majority do unwanted spending.
Title: Re: How much btc do you need to secure your future? Post by: Nhor1011 on December 29, 2020, 07:52:54 AM Aiming for a certain amount of bitcoin to secure the future is a bit difficult especially for people who have little capital for it, just working hard or just joining a bounty campaign. I think even you have small amount of bitcoin if you are already happy and satisfied to your life and can eat three times a day is, enough. We do not know our future even if we set a plan for it, sometimes it does not turn out to be what we planned.
But on the other hand, it is not bad to dream and strive to reach it. So, I think having even 0.5 to 1 BTC is enough for me to start putting up a business for the future of my family. Title: Re: How much btc do you need to secure your future? Post by: Wind_FURY on December 29, 2020, 08:08:27 AM That's really depend on many factors like you said above, some peoples enjoyed with his life if he and his family is healthy, peaceful and happily even though they're not rich person. At least they have money to buy food, simple house and simple live. But don't be hypocritical, all peoples will always want become rich instead of poor... since money can make life more easier. In third world countries 1 BTC is enough to able survive for 10-15 years (depending on how he use the money too), for me I only need 2-3 BTC to secure my future. 1 BTC good for 10 to 15 years? Current price, or 7 digits? I believe $27,000 will not last for anyone, in any country for 10 - 15 years. I would prefer to use that to re-invest, start a small business, or take a short course. Title: Re: How much btc do you need to secure your future? Post by: Lorence.xD on December 29, 2020, 08:18:03 AM In my country, my age, and the current price of bitcoin. I think around $700k worth of bitcoin is enough for a modest retirement in the country side. I am not that materialistic so I think I can live off the good life if it comes to that. If the scenario is played with a child I think around $2m worth is the safest point because there will be more people that might need emergency unlike living alone or without a kid. Honestly, if that were ever the case that I reached my lowest estimate goal I would be grateful.
Title: Re: How much btc do you need to secure your future? Post by: samputin on December 29, 2020, 09:02:29 AM From those countries, more than 10 would be the ideal for them. The more bitcoin's that they hold and accumulate overtime, the better and more secure future that they have. But what if after 10 years bitcoin's price got into half to a million dollars? That half a million-dollar amount of bitcoin would make many of us so happy. If that's the case, then having 1 btc is more than enough especially when converted to our currency. But considering the current situation having 10 I guess would make my life secure and my future family. I'm still on my way to reaching 1 btc but those little I have allows me to survive every day. Not in a rush tho. Then obtaining 1 bitcoin as always been suggested would be good. But if you can acquire as much as you can for retirement, do yourself a favor. Title: Re: How much btc do you need to secure your future? Post by: Smartvirus on December 29, 2020, 09:03:16 AM There is something i know from personal observation about life, that is; Your needs or wants grows with you. Each advancement or increase in pay cheque comes with a relative increase in your luxury lifestyle and to give your family the best your resources can afford should you have a family always kicks in. So, having your future secured depends on your spending habit rather than how much BTC your able to acquire. Money makes more money so, if you acquire, spend and don't invest, you'll still find yourself struggling in future. So, its never always enough until your gone.
Title: Re: How much btc do you need to secure your future? Post by: Awalt541 on December 29, 2020, 09:08:31 AM There will be never enough for me, I just trying keep my bitcoins and make it grow more. So we dont know about how must should keep to guarantee of future.
but uou can save bitcoin and teach to family about what is bitcoin and how the bitcoins works. Title: Re: How much btc do you need to secure your future? Post by: lovesmayfamilis on December 29, 2020, 09:28:28 AM There is something i know from personal observation about life, that is; Your needs or wants grows with you. Each advancement or increase in pay cheque comes with a relative increase in your luxury lifestyle and to give your family the best your resources can afford should you have a family always kicks in. So, having your future secured depends on your spending habit rather than how much BTC your able to acquire. Money makes more money so, if you acquire, spend and don't invest, you'll still find yourself struggling in future. So, its never always enough until your gone. I completely agree. Our desires always have no limit. It does not depend on age but depends on temperament. Someone is happy with one bitcoin, while others need numbers with two or three zeros. The more a person's life becomes secure, the more his appetites increase. Sometimes we are indignant, why do the rich need millions, because such money cannot be spent in a lifetime? I think many will agree that first, everyone wants to feel stability in the future, they want stability for their family, children, grandchildren. Therefore, everything is obvious here. Having one bitcoin, a person will aim for two, and so on. Title: Re: How much btc do you need to secure your future? Post by: bakasabo on December 29, 2020, 09:45:58 AM Impossible to answer your question, because Bitcoins price is not stable. It might be $26k, or $100k in ten years. Or it might be $300 in two months. So having, for example, 100 BTC might be or not be enough to secure future. Also I cant do plans for such a long period. I can plan my life for 5-10 years (buy flat, build house, start own business), but I dont know what I will be interested in 20 years and how much money I will need that days. And like people say here "it is never enough". Person will always find what do buy and how to spend any amount he has, and he will always desire more.
Title: Re: How much btc do you need to secure your future? Post by: Darker45 on December 29, 2020, 09:52:38 AM It is very hard to provide a definite number or answer to this question because we can never tell how much Bitcoin would grow in the future. It is easier to respond with a certain number or range if there is a fixed price we attach to Bitcoin, say, $100,000.
If Bitcoin reaches $100,000, then I guess around 5BTC would be enough for me to secure my entire future. I still have a long life ahead of me and I cannot even estimate how much would I be spending on all kinds of stuff in the future. But with 5BTC I am pretty sure I won't be reaching old age penniless. Title: Re: How much btc do you need to secure your future? Post by: witcher_sense on December 29, 2020, 10:10:43 AM To my way of thinking, it is pointless to think of a particular amount you need to have to secure your future. In essence, we don't need bitcoins, we need things we can buy with our money. The more money we have, the more money we spend on things we probably don't even need. We start buying more expensive and elite food, cars, houses. Some people start buying more alcohol, drugs, other harmful things thus reducing the quality of life. Buying all these unnecessary and dangerous things you are not going to secure your future, you will rather make it less bright.
Title: Re: How much btc do you need to secure your future? Post by: carlisle1 on December 29, 2020, 10:15:37 AM 1 Bitcoin is worth more than a Million in some countries ,meaning that 10 bitcoin considerably 10 million or more.
if you mean securing your Future is a None income living in which you will only depend on your Funds on hand ,then i guess difficult to asses, You may Die early so the amount is lower ,but you can live Long and may suffer Sickness long time and that means too much spending . For me securing future means stablishing Business that will accompany our Life through out ,So even 3 or 4 Bitcoin is more than enough ,I will stablish small business while some part will be invested in crypto for long term ,So if ever that time comes my business comes to end at least i still have funds in my crypto wallet. Title: Re: How much btc do you need to secure your future? Post by: Wexnident on December 29, 2020, 10:17:21 AM err for the sake of answering your question, an amount of 1BTC itself is more than enough if you consider it being spent for your entire lifetime. Provided that you only spend it on actually making more money and living your life quite normally. Now if you were to consider it without thinking of your future, then 0.3-0.5 BTC is more than enough imo. Well, trying to calculate it this way limits the possibilities, so other than curiosity, I don't think there's any purpose in trying to do so. A single BTC right now costs around $27, $28k right? I think it's actually more than enough for one to live off of it for the rest of their lives, if the price were to continue to grow, then all the more reason that it's enough.
Title: Re: How much btc do you need to secure your future? Post by: blckhawk on December 29, 2020, 10:31:26 AM I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? I think 10 would be enough. If you will use that amount to establish your own business then that would really enough. Owning 10 was already expensive in other counties but that was too high to imagine for everyone that is why they only dreaming of having a goal of 1. I would say that 1 is already enough though considering that Bitcoin's price grows over time. However, as the times passing by expenses also increase so better not to be contented with what you have and strive for more.Title: Re: How much btc do you need to secure your future? Post by: sunsilk on December 29, 2020, 01:02:29 PM From those countries, more than 10 would be the ideal for them. The more bitcoin's that they hold and accumulate overtime, the better and more secure future that they have. But what if after 10 years bitcoin's price got into half to a million dollars? That half a million-dollar amount of bitcoin would make many of us so happy. If that's the case, then having 1 btc is more than enough especially when converted to our currency. But considering the current situation having 10 I guess would make my life secure and my future family. I'm still on my way to reaching 1 btc but those little I have allows me to survive every day. Not in a rush tho. Then obtaining 1 bitcoin as always been suggested would be good. But if you can acquire as much as you can for retirement, do yourself a favor. It's an entire retirement fund for most of us and if you have ever saved a lot including establishing business for continuous source of income, that would make your life live well. Just accumulate an entire 1 whole bitcoin if you can and if you can do more and can continue the accumulation, much better. Title: Re: How much btc do you need to secure your future? Post by: pealr12 on December 29, 2020, 01:08:10 PM this totally depend on individual capability and what type of future plans they have for themselves, if your plans aren't too extravagant then 1 btc is not a bad idea but if you can afford more then go for it, between not everyone can afford 1 btc.
Title: Re: How much btc do you need to secure your future? Post by: bryant.coleman on December 29, 2020, 01:12:35 PM 1 BTC sounds like a good amount, but at current levels not many of the new users would be able to afford that many. Especially for those in the developed nations, this sounds like 10 times their average annual salary. But in most of the developing nations, the cost of living is also low. So we can argue that they don't need as much savings, as say someone who is residing in the United States or the European Union.
Title: Re: How much btc do you need to secure your future? Post by: k@suy on December 29, 2020, 01:18:55 PM 1 BTC sounds like a good amount, but at current levels not many of the new users would be able to afford that many. Especially for those in the developed nations, this sounds like 10 times their average annual salary. But in most of the developing nations, the cost of living is also low. So we can argue that they don't need as much savings, as say someone who is residing in the United States or the European Union. I do agree with it but yes its a big factor to consider of where place or country you're living right now. But the truth behind the lives of people today was as long as the world keeps innovating and keep on developing and so do the cost of living increases. Maybe the value of 1 bitcoin were good to a single status man but knowing that you have a family to support, pay bills, children to sent to a school this wasn't good enough to secure your future. Title: Re: How much btc do you need to secure your future? Post by: Coinsfera on December 29, 2020, 01:26:18 PM There is probably no definitive answer to this question. It's entirely something that depends on Bitcoin's price. Besides, it should be noted that blending the future with a store of value cannot guarantee anything. The economic and political situation of the country should also be considered overtime. While in some countries, it is possible to live a full life with a certain amount of savings, but you may even have difficulties in meeting your basic needs in another country with the same amount.
Title: Re: How much btc do you need to secure your future? Post by: plvbob0070 on December 29, 2020, 01:41:40 PM That is something hard to tell, and I can't even think of a specific amount of bitcoin because we are not sure about its value in the next decade. And aside from that, we can't really tell how much we will need to secure our future since things are changing so fast. Right now we can say that probably around half a million-dollar is enough but we never know how much things will change while we're moving forward, living expenses may become more expensive as we adapt to technology and such.
Title: Re: How much btc do you need to secure your future? Post by: Anonylz on December 29, 2020, 01:51:45 PM There is probably no definitive answer to this question. It's entirely something that depends on Bitcoin's price. Besides, it should be noted that blending the future with a store of value cannot guarantee anything. The economic and political situation of the country should also be considered overtime. While in some countries, it is possible to live a full life with a certain amount of savings, but you may even have difficulties in meeting your basic needs in another country with the same amount. couldn't agree more, the future is uncertain so is the price of btc in future, it could be higher or even lower than what we expected, although i don't think it is bad to blend the future with a store of value (or should i say assets) provided that store of value is something that has a stable price, and more importantly the country of residence also plays an important role, the amount that one can consider decent enough for future plans in third world countries may appear to be too little in developed countries, the list goes on, so yeah, there is not definitive answer to this type of question. Title: Re: How much btc do you need to secure your future? Post by: Smartprofit on December 29, 2020, 02:12:12 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? In my opinion, owning bitcoin does not guarantee happiness. Also keep in mind that Bitcoin is a very specific financial asset. The Bitcoin blockchain is transparent. Bitcoin doesn't need intermediaries. However, blockchain does not guarantee you protection against intruders. Money and wealth are very complex entities. Living in the 21st century and not having bitcoins is stupid. However, hoarding bitcoin and believing that it is the key to happiness and prosperity is also shortsighted. It's just an interesting story. And we are participants in this adventure. Title: Re: How much btc do you need to secure your future? Post by: Mulann2 on December 29, 2020, 02:13:51 PM As much as my hand and leg can carry ;D, if i can afford it i would hold 1% of total circulation (of course this is only in my imagination) and i will build a castle in my country and leave like a king - happily ever after, lol! sounds good but not going to happen,
the answer is i do not have a clue because my needs are big and i need a huge btc wallet to fulfill them. ;D Title: Re: How much btc do you need to secure your future? Post by: bitterguy28 on December 29, 2020, 02:27:53 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I'm a Simple and cheap living human ,so i guess 10 btc is more than enough for me to live forever,as i am health conscious and Never been hospitalized seriously my entire life.Title: Re: How much btc do you need to secure your future? Post by: famososMuertos on December 29, 2020, 04:06:48 PM ...//...: Your OP falls into that insubstantial void of the reality of life for some people who limit their opportunities based on the chance for bitcoin to make them millionaires. Bitcoin is not different in investment value to any other existing asset in the fiat world, the great difference with any other asset that exists is that in itself it has the power to change a retrograde economic structure with a very important social asset and that can occur with any value that you put in Fiat currency. _____ Whatever!! There are a variety of investments with which you could get money and start to forge your future, in practice when you have a family your goal is ... what I do to obtain benefits and offer a comfortable future that allows me to be happy. Bitcoin should be a part of that goal and not the whole. bitcoin can become such a frequent means of payment that you may ask up paying you for your job in bitcoin, but there is also the possibility which currently for some becomes a mountain of money, but think that there is a unit called satoshi, so if maybe you manage to collect a million satoshi, that could ensure your future. Maybe!! Title: Re: How much btc do you need to secure your future? Post by: gurunanakji777 on December 29, 2020, 05:23:33 PM Yes, I agree it depends on where you are located. Living in Asian countries is quite cheaper than in European countries but honestly speaking at the moment its very hard to buy even 1 bitcoin at the current price. As an Indian, I believe if I would have 5 Btc my future will be very secured.
Title: Re: How much btc do you need to secure your future? Post by: wxa7115 on December 29, 2020, 05:37:25 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. That is a difficult question because there are many variables, as you say the place where you live is one, and your age is another, after all you are not going to need the same amount of bitcoin if you are 20 than if you are 50, another factor is your lifestyle, there are many people that want to live a very high lifestyle and buy lambos and stuff like that and for that you need a lot of bitcoins but if you are content with having a middle class kind of life then your need for bitcoin goes down considerably and the final factor is how long will you hold, if you are willing to hold your coins for a decade I have no doubts that you could sell for 100k+ which reduces your need for exorbitant amounts of bitcoin.I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? With all of that in mind I will probably need only 5 BTC and I will use some of it to invest in stuff that generates cash and then keep the rest for eternity. Title: Re: How much btc do you need to secure your future? Post by: bryant.coleman on December 30, 2020, 04:43:15 AM I'm a Simple and cheap living human ,so i guess 10 btc is more than enough for me to live forever,as i am health conscious and Never been hospitalized seriously my entire life. LOL.. do you have 10 BTC in your wallet? I would assume less than 0.1% of the Bitcointalk users will be having more than 10 BTC with them. Even most of the earliest users have sold their coin holdings many years ago. Only a minority has held on to them. And with institutional investors mopping up most of the available supply, the number of coins held by individual investors has undergone a decline. Title: Re: How much btc do you need to secure your future? Post by: so98nn on December 30, 2020, 05:25:01 AM True, it depends on the location really. In India holding one bitcoin is equal to have 7 figures salary of couple months. That too for the person who has experience of more than 10 years.
Based on this you guys can predict how big this price tag is for us. If an Indian hold one BTC today and tomorrow the price increase3 times the current rate then he would be settled for his whole life along with the family. Lolz. :P :P I am sure this is far better for the countries which has currencies valued below INR. Truly, bitcoin value is different for different countries and the inflation changes region wise. Title: Re: How much btc do you need to secure your future? Post by: acener on December 30, 2020, 05:45:59 AM It depends on how well the funds would be manage.
I would say me and my family could live comfortably with 3-5 BTC at the current price if we already have a good house to grow old with. I think it would be enough to secure our future . Title: Re: How much btc do you need to secure your future? Post by: Untomabur on December 30, 2020, 08:57:30 AM if you have bought a lot of bitcoins when the price of Bitcoin is still at $ 1000- $ 3000, or to be precise in 2015 to 2016,
I am sure your future is guaranteed, even if you buy 10 Bitcoin for $ 10000 if the price is $ 1000, but if you buy at that price $ 28k of course the risk to your future will also be threatened, for me assets are not always about Bitcoin, because many assets in this world are valuable. Title: Re: How much btc do you need to secure your future? Post by: Astvile on December 30, 2020, 09:05:19 AM @Coinsfera was right, owning even 25% of a whole bitcoin is enough to secure one's future given the condition that bitcoin will pump more in the future and the price will skyrocket to its utmost limit. But like others said the more the merrier right? So as long as the bitcoins price is still at a dip we should strive to stack up more bitcoin.
Title: Re: How much btc do you need to secure your future? Post by: arwin100 on December 30, 2020, 09:29:54 AM It depends on how well the funds would be manage. I would say me and my family could live comfortably with 3-5 BTC at the current price if we already have a good house to grow old with. I think it would be enough to secure our future . The inflation rate will rise over the years so provably that 3 -5 BTC is not enough for long term if you just rely on it for a living so maybe work hard and try to earn and aim 30 BTC above since for that you can buy a decent house as well you can build multiple business while you have BTC left on your wallet to stake for future bitcoin growth, Its a double source if bitcoin will success you will get more profit also with your business created. Title: Re: How much btc do you need to secure your future? Post by: kentrolla on December 30, 2020, 12:19:23 PM It's all depends on our spendings any person in the world who sees some money want to live a lavish will starting changing his/her habits I mean the way of living.
Like the way everyone has different module of living and I would say its purely depends on us, In my opinion if you buy 1bitcoin now by decade it will equal to 10btc, and I guess it's more than enough for living a descent life. Title: Re: How much btc do you need to secure your future? Post by: Crptomagma on December 30, 2020, 12:41:57 PM The amount of bitcoin you need to secure your future like you said isn’t a predictable statement because the future is unpredictable so as the price and regulations of bitcoin as a Cryptocurrency. There lots of environmental factors that can influence the future and change its assumed state. Man is diverse and can change to anything else in time of lifestyle which includes Accommodation, cars, wears. Jewelry etc so with the consciousness it’s better to save as more bitcoin as possible because the further isn’t predictable.
Title: Re: How much btc do you need to secure your future? Post by: maydna on December 30, 2020, 12:54:52 PM Reaching 1 bitcoin will be the closest target bitcoin amount that we want to get, although to get that 1 bitcoin, we need to try so hard to make every satoshi in many ways. And if we already have 1 bitcoin, we will increase our target to have bitcoin such as 5 bitcoin, 10 bitcoin, or more. We will not stop making more bitcoin because I am sure we will make it happens.
I want to make more than just 10 bitcoin or more. The more bitcoin I have, the more secure my future, especially if the bitcoin price can increase and jump to the highest price. No matter how long I will need to have that bitcoin, I will keep trying until I can have so many bitcoins in the future. Title: Re: How much btc do you need to secure your future? Post by: GeorgeJohn on December 30, 2020, 06:06:18 PM No one can be certified with what he has, referring to amount or how much btc human can have and be comfortable, the answer is indefinite btc, because even though we have ten thousands btc I don't really think that human will be contented with it, what really matters is satisfaction in terms of needs, from my perspective and observation, future can't be predicted related to our needs, because the availability of what we have at early stage does not determine our future, what matters is the ability to control what we have.
Title: Re: How much btc do you need to secure your future? Post by: sapnu on December 30, 2020, 06:30:40 PM If we are to answer this question during the beginning of bitcoin, we'll say that we would need millions of bitcoin to secure our future. Now, if we're going to consider the price of bitcoin, we can say that having a thousand of bitcoin would be more than enough already to secure your future. Even though that's the case, we should still be open to the possibilities that bitcoin's value may either fall or keep on rising in the future. Regardless of that chances, if you have faith on bitcoin, just keep on earning some and never stop, it will surely be worth it in the end.
Title: Re: How much btc do you need to secure your future? Post by: mezzaluna on December 30, 2020, 06:35:00 PM In our country, if you gained at least ONE bitcoin, you can already live freely and get the personal necessity that you need. You can also even create your own business if you want to and there will be no one stopping you. I already know users within our country that only secured at least 0.5btc and managed to create their own house which is pretty cool. That is why I also hope to at least get or earn bitcoins as much as possible because it will surely be a great help for me in the future specially if bitcoin grew significantly in the future.
Title: Re: How much btc do you need to secure your future? Post by: Oceat on December 30, 2020, 06:38:28 PM Well, I think 1 or 2 if I would just hold it and wait for X years to let it grow but if you are referring to this now, as in now. Well, it all depends where you live because just like what you've said, first world countries might need more Bitcoin compared to the third world countries. And I don't think having much Bitcoin or money does mean securing your future because, you will never know what would happen to us in the future. I would say, be always prepared and expect the unexpected.
Title: Re: How much btc do you need to secure your future? Post by: Becky666 on December 30, 2020, 07:06:18 PM :D maybe 50BTC will be okay to take care of myself and my families, we'll know that there are currency differences between us forum members and base on my currency i would love to hold 50BTC. The future might not be clear but with the said Bitcoin anyone future in Nigeria should be very clear like crystal balls. Although things might be different from now that will make the wants increase in the nearest future becasue "human want can't be satisfied."
Title: Re: How much btc do you need to secure your future? Post by: milani on December 30, 2020, 09:17:05 PM It depends in my opinion not very much in what country person lives, but on his or her demands or expectations from life. On his goals. Someone needs Bitcoins for making level of life higher - for buying flat, or just for food, another person wants to increase his profit or make own business. For me personally it would be great to have got 5 -7 Bitcoins)
Title: Re: How much btc do you need to secure your future? Post by: Hamphser on December 30, 2020, 09:24:47 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. This do really depends on where you do live considering that fiat value and lifestyle status will really be different into each places. Some do say that 10BTC would already be enough on securing their future but for some would be asking out 100's or thousands of btc. In my part then i would say that 700-1000 would be enough to secure my future yet i can be having a savings and tending to built lots of investment for future passive income and leveraging. Title: Re: How much btc do you need to secure your future? Post by: carlfebz2 on December 30, 2020, 09:34:56 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. This do really depends on where you do live considering that fiat value and lifestyle status will really be different into each places. Some do say that 10BTC would already be enough on securing their future but for some would be asking out 100's or thousands of btc. In my part then i would say that 700-1000 would be enough to secure my future yet i can be having a savings and tending to built lots of investment for future passive income and leveraging. really be too much but we know that human beings are inborn greedy so it isnt surprising. Why would go for less if you can go more. Right? In our lives we do only hope and wish for the best of things that will satisfy on what we do have in mind. Lots of money where you can buy all you want and able to secure out your future and to your family. For me 10 btc will be sufficient, its just a matter on how you gonna wisely spent those. Title: Re: How much btc do you need to secure your future? Post by: Mpamaegbu on December 31, 2020, 06:12:20 AM :D maybe 50BTC will be okay to take care of myself and my families, we'll know that there are currency differences between us forum members and base on my currency i would love to hold 50BTC. Hia! You raised a very outrageous and unrealistic standard here oh. Do you know what that 50btc amounts to in the present day Naira value? Even those top Nigerian polithieftians are likely not to have that type of cash stolen from the government. That's >$1,425,000, then multiply it with the naira. That's very huge. Well, I think any discerning and business oriented person in my country will secure their future with 3-5btc thrown at them at the current level. For me, that's all I need.Title: Re: How much btc do you need to secure your future? Post by: Becky666 on December 31, 2020, 06:46:38 AM :D maybe 50BTC will be okay to take care of myself and my families, we'll know that there are currency differences between us forum members and base on my currency i would love to hold 50BTC. Hia! You raised a very outrageous and unrealistic standard here oh. Do you know what that 50btc amounts to in the present day Naira value? Even those top Nigerian polithieftians are likely not to have that type of cash stolen from the government. That's >$1,425,000, then multiply it with the naira. That's very huge. Well, I think any discerning and business oriented person in my country will secure their future with 3-5btc thrown at them at the current level. For me, that's all I need.Title: Re: How much btc do you need to secure your future? Post by: Sithara007 on December 31, 2020, 06:57:42 AM :D maybe 50BTC will be okay to take care of myself and my families, we'll know that there are currency differences between us forum members and base on my currency i would love to hold 50BTC. The future might not be clear but with the said Bitcoin anyone future in Nigeria should be very clear like crystal balls. Although things might be different from now that will make the wants increase in the nearest future becasue "human want can't be satisfied." Do you understand the fact that only 21 million coins will be mined before 2140? If everyone need 50 BTC to secure their future, then it would mean that less than half a million people would be able to do so. And considering the fact that the world population is 7 billion plus, this will amount to less than 0.01% of the humanity. IMO, 1 BTC should be enough in the long term. Title: Re: How much btc do you need to secure your future? Post by: adzino on December 31, 2020, 07:34:35 AM You already figured it out. As you can see that no one knows what the "true" value is and what the value will be in the future. When you retire, there are chances that the price maybe extremely low which you forgot to take into consideration. It is always better to keep "alternatives" that will help you secure your future. Don't put everything in bitcoin.
Saving a portion while investing rest in bitcoin and accumulating over time will probably give you a secure future. Title: Re: How much btc do you need to secure your future? Post by: lifeforcepools on December 31, 2020, 09:15:03 AM I never thought about it. I'm just trading. I trade every day and do not think about the distant future.
Title: Re: How much btc do you need to secure your future? Post by: 7788bitcoin on December 31, 2020, 09:57:23 AM As you can see that no one knows what the "true" value is and what the value will be in the future. When you retire, there are chances that the price maybe extremely low which you forgot to take into consideration. It is always better to keep "alternatives" that will help you secure your future. Don't put everything in bitcoin. The only way the price of bitcoin getting a much lower valuation would be if these institutional investors find another alternative to pump the market which is highly unlikely and the bitcoin market is a pure speculative market and the market usually rallies every four years after halving and that is the trend that is following the market for a decade and i do not see any change anytime soon.Saving a portion while investing rest in bitcoin and accumulating over time will probably give you a secure future. As per securing the future it depends upon your life style and individual aspiration on what they want to do in life and it will change with every individual. Title: Re: How much btc do you need to secure your future? Post by: xSkylarx on December 31, 2020, 10:26:08 AM For me as long as you can accumulate for the future the better. Don't limit the amount you want to achieve if you can still gain more, you're not just securing your future but also for your next generations.
Not anyone is able to buy bitcoin so if you have some spare money and can afford to buy some then do it. Even rich people who's future is already secured still buy bitcoin, that reason is enough for you to accumulate while you can. Title: Re: How much btc do you need to secure your future? Post by: 0t3p0t on December 31, 2020, 12:20:52 PM In my current situation and state of living I need 1000BTC to fully achieve a more secure not only my future but also my family and relatives. 100BTC for a secure, 10BTC semi secure and 1BTC for just a simple present. Reality is, ever since I got into crypto I don't even find a single Bitcoin before because it is too hard to get one with just bounties but I'm still trying.
Title: Re: How much btc do you need to secure your future? Post by: n0ne on December 31, 2020, 01:10:50 PM In my current situation and state of living I need 1000BTC to fully achieve a more secure not only my future but also my family and relatives. 100BTC for a secure, 10BTC semi secure and 1BTC for just a simple present. Reality is, ever since I got into crypto I don't even find a single Bitcoin before because it is too hard to get one with just bounties but I'm still trying. People keep on trying to make an earning out of bounties. The days of bounties were over, now we aren't able to make a big earning out of bounties. However we need luck and the mind to keep on trying for the best. What's been mentioned is really big, 1000btc for the living is quite big. As per my country economic situation with 10btc onec can have a better living experience.Title: Re: How much btc do you need to secure your future? Post by: kingplaya4 on December 31, 2020, 01:47:12 PM It depends, is the story of HODLERS true or not? Is bitcoin digital gold? Will it be more than that? Might some countries with garbage currencies adopt it as their own currency? Unlikely, but who knows.... The US likes to control people, will they ban possession or just regulate it so much to the point Americans will be out of the game? Possible.. The most optimistic scenarios would entail most of the world using bitcoin, at least the developed world anyway. In that case even having a single bitcoin would make you wealthy. Heck I would say in that pie in the sky scenario (but who knows, never say never) a tenth of a bitcoin could make you part of the 1%. If bitcoin is digital gold and people will be moving out of metals and into bitcoin, that's ten trillion in the gold market alone that could be moving into BTC. Multiply BTC by 20 and I think that's reasonable (optimistic of course but not crazy) in today's dollar terms. So a little over 500k a bitcoin. Again there's no guarantee this happens, but it could. In the third world you would probably need one to retire on, in the US, Europe or expensive Asian countries probably need 4 to retire comfortably.
If you want to be on the safe side I wouldn't retire until you have land and property that can tide you over and the BTC is the icing on the cake. Title: Re: How much btc do you need to secure your future? Post by: kawetsriyanto on December 31, 2020, 04:50:41 PM I doubt if we can determine how much we need to secure our future. In fact, people should collect as many as they can to secure their future. On the other hand, the number depends on the person and his goal. If someone has no big goal, he doesn't need many BTC for his future. While if someone expects much on his future, he must hope for a big number of BTC. 10 BTC probably doesn't fulfill his expectation.
Title: Re: How much btc do you need to secure your future? Post by: Axelseseclevz on December 31, 2020, 05:12:25 PM I don't need too much bitcoin, as long as I can live happily even a little amount of bitcoin will be enough for me. It's difficult to accumulate large amount of bitcoin if you don't have much capital.
Title: Re: How much btc do you need to secure your future? Post by: gabbie2010 on January 01, 2021, 05:30:39 AM I will be contented with 5BTC to secure my future provided that the price reach $100K of course I will also take into consideration my retirement age range which should be pegged at 60 years at this age with 5BTC I will live conviently without securing any pension or social benefits from any government, of course at that age my demand
for luxuries and extravagant expenses shouldd have drop, however with the soaring price of BTC it will be very difficult to amass such amount of bitcoin. Title: Re: How much btc do you need to secure your future? Post by: Crptomagma on January 01, 2021, 02:16:56 PM My future is full of so many great adventures and luxury lifestyle. The dreams of driving super cars and living in sophisticated structures is my plans for a well deserved future I hope for myself so with these and the facts that the price of commodities and lifestyle can’t be predicted so I rather wants as many bitcoin as possible for my future.
I don’t want to be be stranded or go out of resources when I’m living my dream life. Title: Re: How much btc do you need to secure your future? Post by: pixie85 on January 01, 2021, 05:41:33 PM Location is the most important aspect here. If you live in central Africa only 1 bitcoin is going to be a lot of money. Enough to start your own business.
In the EU it's also much different. When you live in the country you can buy a house for 50% of what it costs in the city and if you want to live in the capital it's usually another 30% added to the price. In the EU 5BTC will give you a startup like allow you to start a business, get a flat almost in any city that you choose, allow you to run a franchise, but it won't secure you a future. No money will do that. If you're dumb and don't know how to spend money even 50BTC will only buy you a few years of lavish lifestyle. Title: Re: How much btc do you need to secure your future? Post by: Jemzx00 on January 01, 2021, 07:08:43 PM I will be contented with 5BTC to secure my future provided that the price reach $100K of course I will also take into consideration my retirement age range which should be pegged at 60 years at this age with 5BTC I will live conveniently without securing any pension or social benefits from any government, of course at that age my demand for luxuries and extravagant expenses should have drop, however with the soaring price of BTC it will be very difficult to amass such amount of bitcoin. I doubt this will be a convenient way to be even save on bitcoins at that time. Securing pension and other benefits from any government should be a must as you won't know what will happen on the future. Anyways, I agree with the amount of Bitcoin you've chosen but I doubt you'll be able to save that much bitcoin once you own it especially if you don't own much bitcoins. There's a lot that might happen where you'll may be required to spend those bitcoins on such as market price dump, emergency funds and many more. But if you have those taken care of and have enough monetary to support to yourself, and have an emotional patience when it comes to market price then I can say that amount be realistic to save. As of now, 5BTC is 120k worth of USD and if you can save this much on bitcoin I can say that you're rich already :P . If another bitcoin halving happens then we can see another ATH where 100K$ isn't out of the option and anyone who holds 10BTC would be a millionaire in terms of USD and having a half a million USD that time would be fantastic. Right now, realistically speaking I can see myself be secure a funds of 0.1-0.5BTC as having more would make me care more especially in times of a market price decline. And I don't think I'm emotionally stable to not be affected by that. Title: Re: How much btc do you need to secure your future? Post by: k@suy on January 02, 2021, 12:05:41 PM I doubt if we can determine how much we need to secure our future. In fact, people should collect as many as they can to secure their future. On the other hand, the number depends on the person and his goal. If someone has no big goal, he doesn't need many BTC for his future. While if someone expects much on his future, he must hope for a big number of BTC. 10 BTC probably doesn't fulfill his expectation. Personal needs and family needs were continuous and yet it is hard to identify how much do we need to secure our future where inflation rates increase each year and the cost of living also increases. Its just a great factor knowing that we have bitcoin today that can be one of our source of income to sustain our daily needs. As much as we wanted to attain a financial freedom as early as we can but i guess even having 10 BTC couldn't be a good reason to claim for a secured future. Title: Re: How much btc do you need to secure your future? Post by: Yatsan on January 02, 2021, 10:41:33 PM Obtaining at least 1 Bitcoin is the main goal that most people are dreaming about to achieve in life specially now that we are seeing how the value of Bitcoin gets big as time passes by making it a lot more valuable and interesting to Bitcoiners and even non-Bitcoiners as well. I think there are not desirable minimum or maximum amount of Bitcoin you take hold to secure your future because not all can afford to obtain 1 Bitcoin due to different financial capacity we do have. For many people it is already be a big thought of blessing to have a part of 1 Bitcoin to consider that can make them somehow secure their future. Now that Bitcoin have reached a new ATH, having even 0.1-0.5 BTC is already a considerable amount to have because of the value that 1 Bitcoin possesses right now that can still continue to grow in the near future.
Title: Re: How much btc do you need to secure your future? Post by: coolcoinz on January 02, 2021, 11:19:47 PM Since 1 BTC is enough to put you in 1% of the population within the next 10 years (provided that bitcoin survives that long) it should be enough to ensure safe future. By safe future I mean that you will never be homeless or have to beg for food. It will make sure you'll have normal living conditions. To pursue your goals, education, private business, you'll probably need more than that and even more if you want to make sure your children will also be able to get proper education.
Title: Re: How much btc do you need to secure your future? Post by: MCobian on January 02, 2021, 11:34:53 PM It depends on which country we live in, for my country which is a poor country. Then it only takes 2 BTC to secure the future. For myself, I have
a target of collecting at least 5 BTC as a retirement plan, but because the price of Bitcoin is currently increasing, it is increasingly difficult to collect Bitcoin. But as long as we try there will definitely be a way to get to our target, I have a target for the next 10 years to have at least 5 BTC. Title: Re: How much btc do you need to secure your future? Post by: Ryker1 on January 02, 2021, 11:54:52 PM It depends on which country we live in, for my country which is a poor country. Then it only takes 2 BTC to secure the future. For myself, I have Well, that is a good enough amount, --in my country, that is a massive amount and it could be more than 5 million worth in our national currency which is a really good amount for a retirement allocation. Let us just try to save and invest weekly on bitcoin, no matter what goes the price just spare an amount of money from your salary to invest bitcoin. Instead, saving of the bank or even if you have a piggy bank in your house, much better use it to buy in bitcoin, every year there is an ATH will happen and for sure it will continue in the present year.a target of collecting at least 5 BTC as a retirement plan, but because the price of Bitcoin is currently increasing, it is increasingly difficult to collect Bitcoin. But as long as we try there will definitely be a way to get to our target, I have a target for the next 10 years to have at least 5 BTC. Title: Re: How much btc do you need to secure your future? Post by: Smartprofit on January 07, 2021, 04:47:14 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? If you are young enough, then even 1 BTC will perfectly ensure your old age. The total supply of bitcoins is less than 21 million coins. We can see that Bitcoin is the best investment in the last decade. The new decade (2021-2030) is just beginning, but there is no doubt that the price of Bitcoin is showing excellent results so far. Periodic halvings reduce the amount of coins that come from miners. Holders are reluctant to part with their Bitcoins, and institutional investors are eager to buy as many coins as possible. 1 BTC will be great wealth in the near future ... Title: Re: How much btc do you need to secure your future? Post by: Beserabya on January 07, 2021, 05:27:53 PM 100 today, 99 tomorrow, 98 the next day because it always pays off :) Title: Re: How much btc do you need to secure your future? Post by: Momoamzad on January 07, 2021, 06:38:57 PM This is depend on your demand and your area. Now in this golden time of bitcoin I think only 10 BTC can be enough for your living life. Because 1 BTC=$40k now. It's huge for now. But you never know when it's come to down position . It's risky to looking forward to BTC for Ur secure life.
Title: Re: How much btc do you need to secure your future? Post by: AbernathyFray on January 07, 2021, 09:29:50 PM less and less every day.
Title: Re: How much btc do you need to secure your future? Post by: finaleshot2016 on January 07, 2021, 10:10:03 PM Can't tell how much but of course, I personally like more Bitcoins, it'll make my future more secured than having few bitcoins. If I got a few BTC and was bought during the lowest price of this year, my momey would be 8x bigger right now that will be able to make a business.
So as much as I can get more, I will because I believe that soon, it'll give another unexpected price. Title: Re: How much btc do you need to secure your future? Post by: cr1776 on January 07, 2021, 10:25:23 PM I'm a Simple and cheap living human ,so i guess 10 btc is more than enough for me to live forever,as i am health conscious and Never been hospitalized seriously my entire life. LOL.. do you have 10 BTC in your wallet? I would assume less than 0.1% of the Bitcointalk users will be having more than 10 BTC with them. Even most of the earliest users have sold their coin holdings many years ago. Only a minority has held on to them. And with institutional investors mopping up most of the available supply, the number of coins held by individual investors has undergone a decline. It would be interesting to know the stats, but it would likewise be difficult to get answers. Few will feel comfortable disclosing that. Title: Re: How much btc do you need to secure your future? Post by: AjithBtc on January 08, 2021, 03:10:31 AM One Bitcoin price right now is around $36825.
I'm from India, my calculation is just for survival and nothing more as sophistication. Food, Shelter, Dress is the basic. Based on the present economic scenario prevailing around I've made the calculations below. Per day for food ~ $2 (Monthly ~ $60 to $70) Own House ~ $10000 (For a family of four) Dress ~ $50 Medical Insurance/Medical needs ~ $50 Education ~ Depends (average ~ $100) Entertainment and other needs ~ $200 Travel and communication ~ 200 Altogether it costs $10670 for a month including the construction of a new home. From second month onwards it'll cost only $670 - $700. On an average of $700/month it costs $8400/year. Upon this calculation with the present value of bitcoin one can survive for more than four years. On an average of four years of survival with a bitcoin I need 10 bitcoin to lead a life upto the age of 60. Title: Re: How much btc do you need to secure your future? Post by: johnnathanexo on January 08, 2021, 03:19:28 AM It depends on you how much money you want to invest. Investing in bitcoin is similar to investing in stocks, but it is far more volatile due to the daily swings in bitcoin.
Title: Re: How much btc do you need to secure your future? Post by: rodskee on January 08, 2021, 03:43:40 AM with the value of Bitcoin today ? damn 5 Bitcoin is more than enough for me to Live my entire life in harmony .
Imagine 38-40,000$ ? that means i will be having 200,000 value to live .. I will take all the Cash and will establish my own businesses , and maintain the 1/4 to wait for the correction and will re enter when the fall drops down to 20,000 level . This is once in a Lifetime chance , if only Giving a change now ,Bus sadly that My holding dont even Get close to half a Bitcoin , but i'm still happy because i have kept some Bitcoins the whole 2020 even that there is a Really hard days living with Pandemic. Title: Re: How much btc do you need to secure your future? Post by: muenze on January 08, 2021, 04:13:40 AM Per day for food ~ $2 (Monthly ~ $60 to $70) Own House ~ $10000 (For a family of four) Dress ~ $50 Medical Insurance/Medical needs ~ $50 Education ~ Depends (average ~ $100) Entertainment and other needs ~ $200 Travel and communication ~ 200 This seem like very high monthly costs for india. Do you need to live in a huge expensive city? In europe you could live for less depending on country of course and location. Education is free. Like check out the free courses by Michael Saylor. Entertainment $200 why? Travel $200 why? Also you should put the house cost in your monthly, $10k is very cheap btw, congrats! So if you finance a house you easily could get it for less than $100 a month over 10 years, right? Plus internet i dont know what it costs in india maybe $20 a month? so House $100 (will actually be less, but you can use some money for electricity and other things) Food $100 (plus grow your own!) Clothes $50 Kingfisher $20 a month Medical $50 Plus extras $80 (like a prepaid phone would be cheap cost, right) Thats $400 a month with house!! $300 without house! Considering you can still do some side jobs or work online, you will have extra income. Now the problem with bitcoin is volatility. But even at the current price you could live almost 10 years and have your house paid for. If Bitcoin keeps rising you could just sell small parts over time and it will last you even longer! Title: Re: How much btc do you need to secure your future? Post by: rdslv23 on January 08, 2021, 04:25:36 AM depends on which country you live in. you can buy bitcoin in there you will take %5 comission for your every trade. https://www.binance.com/tr/register?ref=12025182
Title: Re: How much btc do you need to secure your future? Post by: delilahrivera on January 08, 2021, 04:31:35 AM There is something i know from personal observation about life, that is; Your needs or wants grows with you. Each advancement or increase in pay cheque comes with a relative increase in your luxury lifestyle and to give your family the best your resources can afford should you have a family always kicks in. So, having your future secured depends on your spending habit rather than how much BTC your able to acquire. Money makes more money so, if you acquire, spend and don't invest, you'll still find yourself struggling in future. So, its never always enough until your gone. I completely agree. Our desires always have no limit. It does not depend on age but depends on temperament. Someone is happy with one bitcoin, while others need numbers with two or three zeros. The more a person's life becomes secure, the more his appetites increase. Sometimes we are indignant, why do the rich need millions, because such money cannot be spent in a lifetime? I think many will agree that first, everyone wants to feel stability in the future, they want stability for their family, children, grandchildren. Therefore, everything is obvious here. Having one bitcoin, a person will aim for two, and so on. Yes, it is like once you get one foot down in the market, you cannot keep yourself from the desire of putting the second one down too and soon you are completely engrossed in it. It does start with the thought of having financial security, but once it starts it becomes much more than that. Title: Re: How much btc do you need to secure your future? Post by: Crptomagma on January 08, 2021, 09:23:40 AM The amount of bitcoin I need to secure my future is unlimited bitcoin because the price of bitcoin isn’t permanent and can be on the increasing side or reducing side in future. I need as many bitcoin for the promising future I have for myself .
Title: Re: How much btc do you need to secure your future? Post by: AjithBtc on January 08, 2021, 01:24:47 PM Per day for food ~ $2 (Monthly ~ $60 to $70) Own House ~ $10000 (For a family of four) Dress ~ $50 Medical Insurance/Medical needs ~ $50 Education ~ Depends (average ~ $100) Entertainment and other needs ~ $200 Travel and communication ~ 200 This seem like very high monthly costs for india. Do you need to live in a huge expensive city? In europe you could live for less depending on country of course and location. Education is free. Like check out the free courses by Michael Saylor. Entertainment $200 why? Travel $200 why? Also you should put the house cost in your monthly, $10k is very cheap btw, congrats! So if you finance a house you easily could get it for less than $100 a month over 10 years, right? Plus internet i dont know what it costs in india maybe $20 a month? so House $100 (will actually be less, but you can use some money for electricity and other things) Food $100 (plus grow your own!) Clothes $50 Kingfisher $20 a month Medical $50 Plus extras $80 (like a prepaid phone would be cheap cost, right) Thats $400 a month with house!! $300 without house! Considering you can still do some side jobs or work online, you will have extra income. Now the problem with bitcoin is volatility. But even at the current price you could live almost 10 years and have your house paid for. If Bitcoin keeps rising you could just sell small parts over time and it will last you even longer! Title: Re: How much btc do you need to secure your future? Post by: mezzaluna on January 08, 2021, 01:34:20 PM And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Well, now we can have a lower answer to this question. Having at least 1BTC is enough to have a good life if you will just use it for the needed necessities and the things that make us happy. Its also enough to pay for your tuition if you are currently studying and enough to feed lots of families. Having 2BTC can give a luxurious life which will be really great since that is what others want because Bitcoin can give the financial help that they need. Title: Re: How much btc do you need to secure your future? Post by: Shasha80 on January 08, 2021, 01:48:14 PM At the current rate Bitcoin is at $ 41,300. I need at least 5 BTC to secure my future. If I manage to get 5 BTC I can live in peace without fear of
shortages, therefore I always try to collect Bitcoin in various ways. But I have to admit that I just had a hard time collecting 1 BTC. Moreover, the price of Bitcoin has soared very high. Even so I never give up, because for me during hard work will give satisfactory results. Hopefully my target of 5 BTC can be achieved. Title: Re: How much btc do you need to secure your future? Post by: karisiak123 on January 08, 2021, 06:55:39 PM man as a living being will never be satisfied with whatever the result. To secure the future with 1 bitcoin alone is enough as a field of business. Return to ourselves by controlling it to think about the future.
Title: Re: How much btc do you need to secure your future? Post by: Fatunad on January 08, 2021, 06:58:27 PM man as a living being will never be satisfied with whatever the result. To secure the future with 1 bitcoin alone is enough as a field of business. Return to ourselves by controlling it to think about the future. No man would really be contented on limited numbers of coins. They would really be aiming on things as much as they want and possible as they can do. ;)When it comes to securing your future then a considerable amount will be enough but of course people do love on having that lavish life and they can buy on whatever they wanted. So in result they would really be aiming into something which will really be having more on what they can possible get. Title: Re: How much btc do you need to secure your future? Post by: cabron on January 08, 2021, 07:58:18 PM When you finally have what you aimed to secure your future, you will realize its actually not enough when you got married and have some kids of your own. Remember that your needs also rise when you taste something new. Your demands grow when you have something to spend. What I do need really now is just some funds that I would only use later to buy a hectare and live there with my kid. Probably start mining coins myself there and all I might just need is 5BTC with him. Title: Re: How much btc do you need to secure your future? Post by: ilhamsugihamin on January 09, 2021, 12:21:50 AM In my opinion, no one knows how and what the future will look like, no one knows when bitcoin will go up or down, but indeed in achieving profit it takes courage to take risks.
Title: Re: How much btc do you need to secure your future? Post by: lepbagong on January 09, 2021, 01:39:55 AM When you finally have what you aimed to secure your future, you will realize its actually not enough when you got married and have some kids of your own. Remember that your needs also rise when you taste something new. Your demands grow when you have something to spend. What I do need really now is just some funds that I would only use later to buy a hectare and live there with my kid. Probably start mining coins myself there and all I might just need is 5BTC with him. a very wise expression, that the needs of every moment will continue to grow with our own growth, when we are single, maybe we don't need a lot of things that are important enough for ourselves and are usually still assisted by parents. but to get married and have children, the responsibility to provide a living will of course be needed and we will try to fulfill it. maybe by working or trading in crypto which is very profitable. needs are always increasing with what we are responsible for, so we must prepare so that what we will do in the future can be fulfilled, by making deposits or insurance. Actually, if at this time like my colleague above that we can have 5 BTC, we can certainly provide a solution for future life. but maybe one another is not the same amount needed, some really need a lot but some are a little. if a little can be ascertained because indeed he has carried out his long-term plan well. Title: Re: How much btc do you need to secure your future? Post by: Adamini on January 13, 2021, 02:46:18 AM No more, just more. I suggest rational investment. My idea is to invest bitcoin on a fixed basis and use my remaining expenses. As for the number and price of bitcoin in the future, I don't think about it. I just think bitcoin is different from others. It's worth having. It doesn't have the most, only more. I suggest rational investment. My idea is to invest bitcoin on a fixed basis and use my remaining expenses. As for the number and price of bitcoin in the future, I don't think about it. I just think bitcoin is different from others and it's worth having ;D ;D ;D
Title: Re: How much btc do you need to secure your future? Post by: scottsanderman12 on January 13, 2021, 08:48:00 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Dude, your question very strange. quantity depends on price, you know. Another thoughts are optional. Title: Re: How much btc do you need to secure your future? Post by: yohananaomi on January 13, 2021, 09:04:30 PM BTC is running so faster as a mad horse and day by day its popularity it increasing at alarming rate and now big investors are trying to enter in btc world so in future it will be much more that we won't expect now. At a time we can't expect moneyless shipping and now we are experiencing moneyless shipping buy virtual bank card and at a time we will use those Crypto currency as our daily uses so let's think how much grow and popular btc in near future. So fill your bag with BTC at low rate. Yes, it's true mate, that currently bitcoin seems to control what you want to do quickly can be done even in a matter of hours not days, weeks or months, bitcoin is already short term and not just a long term investment. obviously a lot of companies and big traders are harvesting this bitcoin move.the real use of crypto currency may not be as big as local products that have made digital money for daily transactions for shopping necessities. crypto will run with an existing system and run by itself without disturbing the habits that have occurred in trading at banks in general. even crypto will synergize to complement each other because crypto makes transactions between countries easier. Title: Re: How much btc do you need to secure your future? Post by: xiboothrezi on January 13, 2021, 10:17:56 PM ~ I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Having goals for a financially free future is important, but don't push yourself. do in-depth research first about the risks, because the price of btc is very volatile, if you can't manage your time and emotions you won't be able to get the maximum benefit.avoid loans, use the funds as much as you can. I plan to set aside my salary in the real world and about 2% trading profit to buy BTC every month. with the hope that the next few decades will be a big surprise Title: Re: How much btc do you need to secure your future? Post by: Action Gamble on January 13, 2021, 10:31:49 PM with the current price of bitcoin, 10 BTC would be enough to live a good life, not a fancy one, just a regular i can get almost all the small things i want life, 350k dollars is my goal, but to get that in my country with the average wage, it would take me 120 years without spending nothing at all from my job's earnings to get that 350k :'(
Title: Re: How much btc do you need to secure your future? Post by: Prince Malik on January 13, 2021, 11:44:53 PM This is a very good qeustion but this depend to the country that we live in...in some countries people can get mounthly 0.2 btc as a mounthly income and this mean 1 or 3 bitcoin will not be enough but in other countries 1 bitcoin can make you reach
Title: Re: How much btc do you need to secure your future? Post by: taufik123 on January 14, 2021, 12:27:04 PM When the price of BTC has soared up to $ 40k USD. 2 BTC might be enough to secure my future. Because 2BTC is already around 1.1 billion Rupiah and that's a very large number to enjoy life with family. But for now, getting just 1 BTC is very difficult, because the price of BTC is very high and many people also want to own it. When the price of BTC is below $ 100 BTC is still not popular enough and getting it is also very easy. If you hold BTC from the beginning, BTC exists until now, you will certainly be a very rich person and have a good future.
But even so, a lot of BTC also does not guarantee your life or the lives of others, the most important thing is happiness with your family even though you don't have much BTC. Title: Re: How much btc do you need to secure your future? Post by: Becky666 on January 14, 2021, 12:45:20 PM This is a very good qeustion but this depend to the country that we live in...in some countries people can get mounthly 0.2 btc as a mounthly income and this mean 1 or 3 bitcoin will not be enough but in other countries 1 bitcoin can make you reach Base on the current price of Bitcoin, 1 Bitcoin is actually enough to make anyone rich in a third world country. Particularly someone with 1 Bitcoin in my country will be seen as rich because of it current price in the market. But sincerely, i would need more than just 1 Bitcoin for my future because of Bitcoin volatility, in the same vein, there are others in the first and second world countries that can't survive or secure their future with 2 to 3 Bitcoin.Title: Re: How much btc do you need to secure your future? Post by: virtualdn on January 14, 2021, 12:51:53 PM 1 BTC will be enough in 7 years to live the life of your dreams.
3 BTC will be enough in 4-5 years to live the life of your dreams. 5 BTC will be enough in 2 years to live the life of your dreams. Any of these amounts will make you a Millionaire. Title: Re: How much btc do you need to secure your future? Post by: scottsanderman12 on January 14, 2021, 01:01:28 PM 1 BTC will be enough in 7 years to live the life of your dreams. 3 BTC will be enough in 4-5 years to live the life of your dreams. 5 BTC will be enough in 2 years to live the life of your dreams. Any of these amounts will make you a Millionaire. just little remark - you can live the life of your dreams without any BTC, be honest - its not necessary to become millionaire to be happy. Title: Re: How much btc do you need to secure your future? Post by: virtualdn on January 14, 2021, 01:04:28 PM 1 BTC will be enough in 7 years to live the life of your dreams. 3 BTC will be enough in 4-5 years to live the life of your dreams. 5 BTC will be enough in 2 years to live the life of your dreams. Any of these amounts will make you a Millionaire. just little remark - you can live the life of your dreams without any BTC, be honest - its not necessary to become millionaire to be happy. Of course you can, money won't bring you happiness but they can bring you an easier life, with less worries. Title: Re: How much btc do you need to secure your future? Post by: AicecreaME on January 14, 2021, 01:08:07 PM I would like to say I need 500 BTC to secure my future, the more the better. You don't have to limit yourself on how much Bitcoin you would have to live a wealthy life, just keep on earning until you're satisfied with what you have. Dreaming having many Bitcoin is not bad, it's a great motivation to keep moving forward, to keep evolving in order to have that amount of Bitcoin in the future.
To be more realistic, you need to have a multiple source of income in order to achieve what you want, having one is only enough for your daily expenses. Title: Re: How much btc do you need to secure your future? Post by: virtualdn on January 14, 2021, 01:16:33 PM I would like to say I need 500 BTC to secure my future, the more the better. You don't have to limit yourself on how much Bitcoin you would have to live a wealthy life, just keep on earning until you're satisfied with what you have. Dreaming having many Bitcoin is not bad, it's a great motivation to keep moving forward, to keep evolving in order to have that amount of Bitcoin in the future. To be more realistic, you need to have a multiple source of income in order to achieve what you want, having one is only enough for your daily expenses. With 500 BTC you can secure the future of you and your next 7 generations. You really dream big. Not bad at all. Title: Re: How much btc do you need to secure your future? Post by: lifeforcepools on January 14, 2021, 02:04:33 PM I didn't think about it. It will be quite difficult to calculate the exact number, because the price changes constantly
Title: Re: How much btc do you need to secure your future? Post by: Wipeout2097 on January 14, 2021, 09:48:38 PM It’s all about the matter of the cost of the bitcoin. Based on the display showcase cost indeed a single bitcoin will fulfill lifetime costs of a man in a third world nation. Another thing, with one bitcoin and client can lead his whole life, but the god's elegance could be a must. The life ought to not get went with by body illness, since it is as it were thing that creates individuals to spend by require though larger part do undesirable investing.
Title: Re: How much btc do you need to secure your future? Post by: tinopener on January 14, 2021, 11:47:25 PM A better question might be what multiple of your countries average wage.
Title: Re: How much btc do you need to secure your future? Post by: pecson134 on January 15, 2021, 01:27:23 AM 1 bitcoin would already suffice my lifetime if the price would be based as of today. I can start a business using this capital and from there I just need to maintain it for me to have a sustainable source of income aside from my current work which is I can say a win to me.
Title: Re: How much btc do you need to secure your future? Post by: Rasel5209 on January 15, 2021, 02:36:47 AM Only need 2 btc for secure future. Today btc is my dream but i can not catch it. If i get 1 btc i will be increase it 2 btc from trading.
Title: Re: How much btc do you need to secure your future? Post by: $korp on January 15, 2021, 03:01:02 AM Just 1 BTC is enough. Have my house and cars paid off with my business, so one later on would help out in what I want to do, which is property investing. Don't have 1 BTC yet, but nearing there slowly.
Title: Re: How much btc do you need to secure your future? Post by: Sithara007 on January 15, 2021, 03:20:04 AM just little remark - you can live the life of your dreams without any BTC, be honest - its not necessary to become millionaire to be happy. Completely agreed with this. It depends on what are your ambitions and where you reside. If you want a private island with your own private yacht, then you need at least a few tens of millions (USD off course, and not BTC). On the other hand, if you want to retire to a small villa in some expat community in Thailand or Costa Rica, then all you need is a small fraction of the above mentioned amount. Title: Re: How much btc do you need to secure your future? Post by: ninabobo on January 15, 2021, 05:38:58 AM Everything relies on the cost of the bitcoin. In view of the current market cost, even a solitary bitcoin will satisfy the lifetime costs of a man in an underdeveloped nation. Something else, with one bitcoin a client, can lead as long as he can remember, however, god's elegance is an absolute necessity. Life ought not to get joined by body ailment since it is the solitary thing that causes individuals to spend by need while the lion's share does undesirable spending.
Title: Re: How much btc do you need to secure your future? Post by: mikeauerbach on January 15, 2021, 05:52:54 AM It's a pointless question. Like how much money do you need to live a good life? It depends on your needs. And our needs are never fulfilled as we know, so one can't have too many Bitcoins.
Title: Re: How much btc do you need to secure your future? Post by: GbitG on January 15, 2021, 10:15:55 AM Even per the current price range that is $39000 plus, 5BTC can guarantee me a very good retirement without me looking back. Money is hard to come by over here and as a result the value of 1BTC can be a jackpot in one's life. Im just imagining the amount of positive change I can effect in my village with just 0.5BTC This is good amount as I was checking and my requirement is also like this if price stay here and I have 5 Bitcoins then I can enjoy rest of my life in good way because its not bad at all but if price increase then surely this could be bonus or also good because here in our country prices are increasing very quickly due to this Covid-19 but still this is very good amount.Title: Re: How much btc do you need to secure your future? Post by: pinggoki on January 15, 2021, 10:56:40 AM How much? Do you really need to know on how much bitcoin do you need in order to secure your future? What if just invest and earn bitcoin as much as you like in order for you to secure your future. This is approximately an unknown question because every people or human has a lot of wants and needs, in order for you to fulfill those you need a lot of bitcoin nor money. The needs and wants of an human is infinity and beyond.
Title: Re: How much btc do you need to secure your future? Post by: Pamadar on January 15, 2021, 11:07:23 AM Even per the current price range that is $39000 plus, 5BTC can guarantee me a very good retirement without me looking back. $195K also enough for me to secure my family's future, from where am I that amount can bring me decent business and a nice house to live. Enough to say that I'm living in a luxurious type of living. Money is hard to come by over here and as a result the value of 1BTC can be a jackpot in one's life. Same with me, that amount if you able to save it already change a lifestyle. Many hopes to allow myself to earned it. Im just imagining the amount of positive change I can effect in my village with just 0.5BTC Not that much, but it will help those people who in need if ever I also have that amount to give with the community I'm living with. Title: Re: How much btc do you need to secure your future? Post by: bryant.coleman on January 15, 2021, 11:32:03 AM Even per the current price range that is $39000 plus, 5BTC can guarantee me a very good retirement without me looking back. Money is hard to come by over here and as a result the value of 1BTC can be a jackpot in one's life. Im just imagining the amount of positive change I can effect in my village with just 0.5BTC Where I live, $195,000 is not enough to secure retirement. Here a decent apartment in a decent neighborhood alone will cost you a minimum of $300,000. On top of that, monthly expenses can be expected in the range of $1,000-$1,200. Even if you own an apartment already, 5 BTC at current prices are going to last just 10 years or so. The only option is to move to another country with a low cost of living. But then you can't expect the same standard of living. Title: Re: How much btc do you need to secure your future? Post by: angrynerd88 on January 18, 2021, 04:10:30 PM Individual basic daily needs and family support were ceaseless and however it is difficult to distinguish how much do we ought to secure our future where swelling rates increment each year and the fetched of living too increments. Its fair an extraordinary figure knowing that we have bitcoin nowadays that can be one of our sources of salary to support our every day needs. As much as we wanted to achieve a budgetary opportunity as early as able to but I figure indeed having 5 0r 15 BTC couldn't be a great reason to claim for a secured future. If you have 1 BTC and know how to earn more from trading or investment then 1 BTC is enough.
Title: Re: How much btc do you need to secure your future? Post by: suzanne5223 on January 18, 2021, 04:18:16 PM Individual basic daily needs and family support were ceaseless and however it is difficult to distinguish how much do we ought to secure our future where swelling rates increment each year and the fetched of living too increments. Before ones can know how much BTC he needed to secure his future the national currency of where reside is needed to be put into consideration cause the $2000 is enough to buy land and build a whole house in some country while it not enough rent a week hotel in some country.Having said that, the dream of every common cryptocurrency enthusiast is to hold at least 1BTC so in the future when the total 21million coin is mined 2BTC should be more than enough to secure one's future. Title: Re: How much btc do you need to secure your future? Post by: Eureka_07 on January 18, 2021, 04:28:56 PM Considering feeding not only myself in the future as having a partner and kids, for medical, school, bills, food, and other necessities of us for the next upcoming decades, I think 1 BTC at a price of ~$30,000 isn't enough. Yeah it seems that it is huge money but for that long years with lots of necessities, it is just not enough.
Title: Re: How much btc do you need to secure your future? Post by: xFLORIDAx on January 31, 2021, 09:25:19 AM It depends on how much it will cost in the future. We can never know what lies ahead, so now I try to invest everything that I can earn on cryptocurrency in real estate.
Title: Re: How much btc do you need to secure your future? Post by: JohnBitCo on January 31, 2021, 09:36:07 AM I think no one can answer OP answer perfectly as bitcoin price is not stable. Let's suppose right now if 1-2 bitcoins are enough for some people in third world countries, after 5 years maybe 0.5 bitcoin will be enough. I think one should keep on collecting bitcoins as more you have them, the more secure you will be in the future.
Title: Re: How much btc do you need to secure your future? Post by: Pamadar on January 31, 2021, 09:36:12 AM Considering feeding not only myself in the future as having a partner and kids, for medical, school, bills, food, and other necessities of us for the next upcoming decades, I think 1 BTC at a price of ~$30,000 isn't enough. Yeah it seems that it is huge money but for that long years with lots of necessities, it is just not enough. If you will just relied with that amount considering all your necessities together with your family. Securing your future having maybe 10BTC plus business or investment that will help to accumulate more, we don't know what will happened in the future so better to excess your expected money just in case that there are emergencies that will happened along the way, Title: Re: How much btc do you need to secure your future? Post by: ene1980 on January 31, 2021, 01:05:44 PM Securing your future having maybe 10BTC plus business or investment that will help to accumulate more, we don't know what will If you are having real estate investment in cities then it is more than enough to secure your future forever :D. We can just speculate how big the market will rise and once the corrections starts how low it will go and with many countries planning to regulate the entire market i doubt whether we will be seeing he same level of rallies in the future. Either way 20 to 30 bitcoin could help you in securing your future for good and reinvest in real estate and live peacefully. :Dhappened in the future so better to excess your expected money just in case that there are emergencies that will happened along the way, Title: Re: How much btc do you need to secure your future? Post by: jerry0 on January 31, 2021, 09:42:31 PM Okay... so whats a good number for someone in the western hemisphere then? Thus the US or Canada where the costs are much higher than other countries?
Would most agree that number probably is at least ten btc minimum? Title: Re: How much btc do you need to secure your future? Post by: panganib999 on January 31, 2021, 10:49:52 PM Considering feeding not only myself in the future as having a partner and kids, for medical, school, bills, food, and other necessities of us for the next upcoming decades, I think 1 BTC at a price of ~$30,000 isn't enough. Yeah it seems that it is huge money but for that long years with lots of necessities, it is just not enough. If you will just relied with that amount considering all your necessities together with your family. Securing your future having maybe 10BTC plus business or investment that will help to accumulate more, we don't know what will happened in the future so better to excess your expected money just in case that there are emergencies that will happened along the way, 10 BTC is a lot of savings as what bitcoin value today. I think the main answer for this question is only estimated because the estimated savings might depends on how large is the family. For me I think you can also depends if a single family have a existing businesses other than cryptocurrency. It's just like being practical in terms of saving. You must not put all yoir earnings in saving but to divide it so some ways like savings, necessities, bills, foods and miscellaneous. For me, I think the price of savings is always depends on you everyday needs and your monthly income. 10BTC is surely a big amount but start to set your goal in small then succedingly exceed as you reach the current in order for you to avoid difficulties in earnings and savings. Title: Re: How much btc do you need to secure your future? Post by: goldade on January 31, 2021, 11:20:54 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? We'll, just like you said, it is dependent on the country in which one is located. A US citizen might need more than 1btc at its current price to secure his future, however when you convert 1btc in dollars to other currencies especially African currencies, you'd realize it's a whole lot of money and it's enough to secure one's future 1btc is currently $33000 1btc in South African Rand is 502,000 1btc in Egyptian Pound is 520,000 1btc in Ghanaian Cedi is 193,000 1btc in Nigerian Naira is 12,000,000 These are huge amounts of money in these countries and are enough to set one up for life. Title: Re: How much btc do you need to secure your future? Post by: Lcconde on January 31, 2021, 11:42:36 PM I find it kind of impossible to calculate how much would be needed for 15 years from now ... the economy is unstable amid a pandemic ... where I live if I had 2.5 btc it would be a dream to pay off my house and debts ... how to try to predict the economy and evolution of bitcoin?
Title: Re: How much btc do you need to secure your future? Post by: Wulan_maniez on January 31, 2021, 11:43:46 PM Yes, I don’t have a lot of bitcoins at the moment, I might say it I only have a few satoshis. But if we believe that bitcoin
will be higher in value and can even reach $300k or even $400k or more, then some satoshis will become more valuable. All I’m doing now is collecting the satoshis I have now and keep adding them. Title: Re: How much btc do you need to secure your future? Post by: Viscore on January 31, 2021, 11:44:51 PM Would most agree that number probably is at least ten btc minimum? I'll do holding but not that much. Title: Re: How much btc do you need to secure your future? Post by: Lanatsa on January 31, 2021, 11:54:39 PM Would most agree that number probably is at least ten btc minimum? I'll do holding but not that much. Securing up everything while you do still live and its up to someone on how they do diversify things up and I agree on your point of view that its hard to pass up your coins in case you die specially if you do leave without letting them know about the keys. With the current value of bitcoin then I can say that a few hundreds would really be enough to secure my future. Not on totally holding it down to my wallet but rather making use of it on making in real life physical business. This will depend on which country you do live on, this is why numbers will really be different. Title: Re: How much btc do you need to secure your future? Post by: error08 on January 31, 2021, 11:56:09 PM Would most agree that number probably is at least ten btc minimum? I'll do holding but not that much. Most will agree BTC10 will be enough as international standard expenses considering high-cost living in some countries. If you hold BTC10 as the reserve fund for the future, simply put it on cold storage and make sure to keep the private key safely, then there's no more risk of hacking. Yes, if we're planning the future, can't rely on just 1 plan like hold bitcoin, buy some assets like gold, lands, develop some business, anything that you are capable of. However, bitcoin may the best investment for the long term against inflation, if BTC1 worth $1 Million someday, it should be great as backup funds to do things mentioned before, let alone BTC10, you may live without having to work in the rest of your life. Title: Re: How much btc do you need to secure your future? Post by: lienfaye on February 01, 2021, 06:34:18 AM It depends on the price of bitcoin. If we base on the current price which is more than $30k then I think having 10 btc is good enough for the future. The equivalent of this value (if we convert it to our local currency) is already high that you can chose to retire early, sit back and relax while having a drink of coffee.
But of course if we can accumulate more that is much better. But due to the current price of bitcoin, its quite impossible to purchase even 1 btc. Thats why im having regrets for not buying at early times wherein the price is still cheap at $300 (if im not mistaken) when I first heard it. Title: Re: How much btc do you need to secure your future? Post by: Vishnu.Reang on February 01, 2021, 06:54:49 AM We'll, just like you said, it is dependent on the country in which one is located. A US citizen might need more than 1btc at its current price to secure his future, however when you convert 1btc in dollars to other currencies especially African currencies, you'd realize it's a whole lot of money and it's enough to secure one's future 1btc is currently $33000 1btc in South African Rand is 502,000 1btc in Egyptian Pound is 520,000 1btc in Ghanaian Cedi is 193,000 1btc in Nigerian Naira is 12,000,000 These are huge amounts of money in these countries and are enough to set one up for life. It doesn't make any difference. A Big Mac-Meal which costs $5.99 in the United States will cost 2,300 Naira in Nigeria. So you can't really say that when the exchange rate of the national currency is low, the cost of living will automatically will be lower. In some cases, it may be the other way around. Especially if the national currency is prone to inflation and volatility. BTW, the following is the price of an iphone 12 pro (128 GB version): USA: $999 South Africa: ZAR 29,000 Egypt: EGP 22,222 Ghana: GHS 11,309 Nigeria: NGN 620,800 Title: Re: How much btc do you need to secure your future? Post by: Obito on February 01, 2021, 07:11:11 AM It depends on the price of bitcoin. If we base on the current price which is more than $30k then I think having 10 btc is good enough for the future. The equivalent of this value (if we convert it to our local currency) is already high that you can chose to retire early, sit back and relax while having a drink of coffee. No need for regrets, keep moving forward. In my country, that money won't go around a lot if you were to start a family but it is enough for a single person in their 20s to retire to old age with that amount with the current price considered. If you were to start a family of say 5 members, my estimate would be around 100 bitcoins because of the uncertainties in life like medical emergencies and disasters that could destroy livelihoods.But of course if we can accumulate more that is much better. But due to the current price of bitcoin, its quite impossible to purchase even 1 btc. Thats why im having regrets for not buying at early times wherein the price is still cheap at $300 (if im not mistaken) when I first heard it. Title: Re: How much btc do you need to secure your future? Post by: Question123 on February 01, 2021, 07:26:04 AM Bitcoin is unpredictable value so we do not the exact amount of it to secure our future because let just say you have 100 bitcoin now but in the future we do not know if the value is very high what if the price is very low so if you want to secure your future must need to save money because you have guarantee that it will not going to dump the value unless the number 1 enemy is inflation or increasing the price of the product.
Title: Re: How much btc do you need to secure your future? Post by: Leonnuvh on February 01, 2021, 07:36:35 AM It depends on the price of Bitcoin and where you are. Of course, the more you have, the better. Title: Re: How much btc do you need to secure your future? Post by: Pattiefll on February 01, 2021, 07:49:01 AM Of course, the more the better, but now the price of Bitcoin is higher, I will buy some when the price is right, and put it in my wallet to get more benefits.
Title: Re: How much btc do you need to secure your future? Post by: Rishabh riyz on February 01, 2021, 02:31:47 PM for a person with a good brain, having great trading sense provided with basic tools such as internet and most importantly patience to watch assets grow with guts enough to pull some and invest in some other asset ,
amount of BTC at initial investment wouldn't matter much . but yeah if you ask me 10 is enough ;) . Title: Re: How much btc do you need to secure your future? Post by: jzone23 on February 01, 2021, 03:09:17 PM 3 BTC is good i guess but having a fraction of Bitcoin is still great. If you can afford to obtain more then why not. We never know what will be the price in the future, it could be half a million or millions so your 3 BTC is definitely good enough.
Title: Re: How much btc do you need to secure your future? Post by: Jenningss on February 03, 2021, 07:34:25 AM If all the predictions about the value of bitcoin are confirmed, then I think 10 bitcoin coins would be enough for me, but this is not accurate)))
Title: Re: How much btc do you need to secure your future? Post by: Kooerr on February 03, 2021, 09:03:58 AM It's hard to decide, because I don't know the price in the future, and I don't know what life will be like in the future. I don't think much is enough.
Title: Re: How much btc do you need to secure your future? Post by: Amon1231 on February 03, 2021, 09:22:07 AM It depends on you you can have more than 10,000 btc it depends on your cost of living and the discipline you have, if you are an impulsive buyer you need 100 thousands of Bitcoin, you can have any amount of bitcoin depending on your effort.
Title: Re: How much btc do you need to secure your future? Post by: Kubbry on February 05, 2021, 07:35:37 AM It is impossible to predict the future life and bitcoin price, but the more you have, the better.
Title: Re: How much btc do you need to secure your future? Post by: Mika220 on February 05, 2021, 10:16:24 AM At this point in time, and given the cost of the BTC, I would have had 100 BTC for the future, but who knows what changes time will bring.
Title: Re: How much btc do you need to secure your future? Post by: yazher on February 05, 2021, 10:26:48 AM The people living in Southeast Asin country will be the ones who get some decent amount of earnings because living in this part of the world is not expensive. Therefore, You only need maybe 10 BTC or less to secure your life. I mean, especially in our village where you can spend $1 a day and that is surely guaranteed because the everyday needs are truly cheap here. The price of BTC is expensive right now and that amount would likely enough and might get double after some years from now especially when the price will start to rise again.
Title: Re: How much btc do you need to secure your future? Post by: Nunoluck on February 05, 2021, 03:10:42 PM I own more than 1 BTC few years ago but I sold most of it when the price starting to fall. I believe that the price of bitcoin will rise again but my family push me to sell it to secure my wealth. I didn't sell all of mine, there are some amount left that my family don't know about it. As if people become richer the necessities also increase then I think although more than 10 BTC is not enough it's depend on the lifestyle. I personally want to have atleast 100 BTC, maybe I look so greedy but I need that amount to run big business. One of my goals is to open bitcoin related business so bitcoin users can be more easier to use their BTC.
Title: Re: How much btc do you need to secure your future? Post by: age7393 on February 05, 2021, 03:14:29 PM Not 25k anymore))) And much more, but I’ll tell you that the price will be getting more and more, especially during 2021. For example, 4 bitcoins are enough for me, but this is for me. Of course, whoever lives more in expensive countries, there accordingly and more is needed.
Title: Re: How much btc do you need to secure your future? Post by: abel1337 on February 05, 2021, 03:28:01 PM I own more than 1 BTC few years ago but I sold most of it when the price starting to fall. I believe that the price of bitcoin will rise again but my family push me to sell it to secure my wealth. I didn't sell all of mine, there are some amount left that my family don't know about it. As if people become richer the necessities also increase then I think although more than 10 BTC is not enough it's depend on the lifestyle. I personally want to have atleast 100 BTC, maybe I look so greedy but I need that amount to run big business. One of my goals is to open bitcoin related business so bitcoin users can be more easier to use their BTC. Well regrets are inevitable when you saw the promising asset you sold before rising its value. I think your family is also regretting their actions of telling you to sell after seeing what's the value now. We do have different lifestyles and most of the time experiencing having extra money for spending want ourself to try new things until we adapt those experience resulting in high maintenance necessities. Having a big goal isn't that bad as long as it's logically possible, I myself also wants to regain my sold bitcoins from the past.Title: Re: How much btc do you need to secure your future? Post by: Kong Hey Pakboy on February 06, 2021, 03:52:35 AM Yes, it really depends on where you live and what is your lifestyle. Securing 5 or 10 is bit too much actually. You can secure your future (I am assuming in my situation), but still don't be complacent; it is better if the money is actively flowing. Given the price of 1 bitcoin is that much, and it does not stop there. So having such money 1 btc or a few will definitely enough for a good future.
The people living in Southeast Asin country will be the ones who get some decent amount of earnings because living in this part of the world is not expensive. Yes, I can agree to this statement because that's actually a big amount for us, big time. Title: Re: How much btc do you need to secure your future? Post by: Bitcoin577 on February 06, 2021, 07:39:46 AM I am among those who not yet have 1 btc. So my first goal is to get btc. I working very hard to get this and hope i will get this in this second quarter of this year.
Then my next goal will be to achieve 5 Btc and i hope i will get this at the wnd of the year. Title: Re: How much btc do you need to secure your future? Post by: imstillthebest on February 06, 2021, 07:55:35 AM I am among those who not yet have 1 btc. So my first goal is to get btc. I working very hard to get this and hope i will get this in this second quarter of this year. Then my next goal will be to achieve 5 Btc and i hope i will get this at the wnd of the year. i know and its obvious by looking at your profile but if you got lucky on the bounties that you join you can earn better than what most of us are earning .keep on dreaming and working hard little guy p.s : i think i judge you early . i have a feeling that you have other business because your expected time of accumulating 1 btc is early . your confident that you can do it by 1st and 2nd quarter of this year . next is your planning to accumulate 5 btc before the year end . thats impressive bro if you can do it but be sure to update us Title: Re: How much btc do you need to secure your future? Post by: huff87 on February 06, 2021, 08:05:25 AM In my country, I think 20-25 BTC will be enough to have a good future and invest money in business and have a happy life.
Title: Re: How much btc do you need to secure your future? Post by: Hasan986 on March 04, 2021, 07:01:06 PM BTC is running so faster as a mad horse and day by day its popularity it increasing at alarming rate and now big investors are trying to enter in btc world so in future it will be much more that we won't expect now. At a time we can't expect moneyless shipping and now we are experiencing moneyless shipping buy virtual bank card and at a time we will use those Crypto currency as our daily uses so let's think how much grow and popular btc in near future. So fill your bag with BTC at low rate.
Title: Re: How much btc do you need to secure your future? Post by: LittleBitFunny on March 04, 2021, 07:13:44 PM Everyone should make a habit of buying bitcoin regularly.
After meeting our own and domestic expenses, we should regularly invest in Bitcoin in the same way that we deposit savings money in the bank. Bitcoin is a very promising currency and It is sure that the demand for it will skyrocket in the future, you can secure your future by buying Bitcoin regularly instead of using third party Bank service. Title: Re: How much btc do you need to secure your future? Post by: Golftech on March 04, 2021, 07:17:59 PM Everyone should make a habit of buying bitcoin regularly. After meeting our own and domestic expenses, we should regularly invest in Bitcoin in the same way that we deposit savings money in the bank. Bitcoin is a very promising currency and It is sure that the demand for it will skyrocket in the future, you can secure your future by buying Bitcoin regularly instead of using third party Bank service. If you are a type of long term investor this process may help you to achieve your goals, buying Bitcoin from every spare money that you have is one of those best way to collect this precious asset, tough to say if how much do you need to secure your future as we don't know what would future be after some years, better to have as many as you can while you still have the chance to buy. Title: Re: How much btc do you need to secure your future? Post by: Maestro75 on March 04, 2021, 07:20:22 PM At the current price of bitcoin at over $47,000, just 1btc is ok for me to be satisfied in life. And I think that should also be more than enough for anyone else, including those living in Europe. That is more than enough for anyone to go into business with or stsrt a small scale company.
In my country, I think 20-25 BTC will be enough to have a good future and invest money in business and have a happy life. And what country will that be to demand such an enormous quantity of bitcoin to be able to run a business or live a good life? Title: Re: How much btc do you need to secure your future? Post by: milani on March 04, 2021, 07:32:21 PM It does not depend on the place of living at all. It depends on personal aims and desires. You may live in a poor town, but dream about the being a king with lots of BTCs. 😁 or someone may live in a rich city and do not think about Bitcoin at all)))
Title: Re: How much btc do you need to secure your future? Post by: Lanatsa on March 04, 2021, 07:45:15 PM It does not depend on the place of living at all. It depends on personal aims and desires. You may live in a poor town, but dream about the being a king with lots of BTCs. 😁 or someone may live in a rich city and do not think about Bitcoin at all))) Is it really on what they do desire and we know that each person would really have different personal aims in life but if he do have currently the lavish life that he had then hewont really be thinking most likely when it comes to fortune. A hundred of btc would already be enough for me when it comes on securing my future but since im a greedy type of person then I would be saying that 1000 or eve 10000 wouldn't be enough. All people would be having the same personal aims. :D Title: Re: How much btc do you need to secure your future? Post by: BIT-BENDER on March 04, 2021, 07:54:21 PM For me it's not the amount of bitcoin I need that will secure a future for me, I can have all the whole bitcoin, and if in future there is a complete ban of Crypto-currency like what my country is doing, then there may not be a future so for me to have a secured future in bitcoin, I want more that bitcoin is the future then I can say I want a good amount of it.
Title: Re: How much btc do you need to secure your future? Post by: Momoamzad on March 04, 2021, 10:49:13 PM I think no one can say this is enough for me . Because you need more and more . So it can not say how many bitcoin you need to secure your life. That totally depand on your demand. Now this great position for normal life I think 4/5 bitcoin will be enough for me .
Title: Re: How much btc do you need to secure your future? Post by: blockman on March 04, 2021, 10:52:31 PM At the current price of bitcoin at over $47,000, just 1btc is ok for me to be satisfied in life. And I think that should also be more than enough for anyone else, including those living in Europe. That is more than enough for anyone to go into business with or stsrt a small scale company. Even if I live in a not so expensive place, I would want more than that. Just like the others of telling 10 or more than that up to 20 or so. But that's a comparison and won't happen.Obtaining 1 bitcoin is already expensive and hard to do these days. But that's really what I wanted just to be free in finances because it will help me with everything that I want to do. Title: Re: How much btc do you need to secure your future? Post by: Quidat on March 04, 2021, 11:00:01 PM At the current price of bitcoin at over $47,000, just 1btc is ok for me to be satisfied in life. And I think that should also be more than enough for anyone else, including those living in Europe. That is more than enough for anyone to go into business with or stsrt a small scale company. Even if I live in a not so expensive place, I would want more than that. Just like the others of telling 10 or more than that up to 20 or so. But that's a comparison and won't happen.Obtaining 1 bitcoin is already expensive and hard to do these days. But that's really what I wanted just to be free in finances because it will help me with everything that I want to do. Considering that it is almost 50k then lots of things that you can buy into that amount but only to those who reside on countries which does have cheap when it comes to wants and needs.So this depend on the place on where you do live.Securing future does talk about long term so people will be normally asking for more. Title: Re: How much btc do you need to secure your future? Post by: tinopener on March 05, 2021, 01:27:28 AM 15.37
Title: Re: How much btc do you need to secure your future? Post by: best123 on March 05, 2021, 05:50:50 AM Any amount is okay. 0.01, 0.1, 1, 2, 5, 10 bitcoin etc is good. It all depends on your financial status. Like me, I don't have Bitcoin but I have other altcoins. Which I think have paid me than holding BTC.
I know several altcoins that the holders made big fortune this bull run. Title: Re: How much btc do you need to secure your future? Post by: panganib999 on March 05, 2021, 06:03:20 AM 15.37 Woah. Is this legit? 15.37 BTC is a way lot bigger amount. I guess this could atleast secure your future financials. And I think in the next past few years, you might be able to a more bigger value of BTC. For me, I don't have any savings of BTC because I always using it for my financial needs. I able to mine and to earn good profits in BTC yet I have some responsibility and things I need to prioritize. I guess we might not that rich but we can always survive our everyday life. BTC makes a lot more bigger part in me because of it, I able to have some things I didn't able to buy before and thins I need to pay. I will start saving for my future in order to secure it. Title: Re: How much btc do you need to secure your future? Post by: yohananaomi on March 05, 2021, 06:56:26 AM Woah. Is this legit? 15.37 BTC is a way lot bigger amount. I guess this could atleast secure your future financials. And I think in the next past few years, you might be able to a more bigger value of BTC. For me, I don't have any savings of BTC because I always using it for my financial needs. I able to mine and to earn good profits in BTC yet I have some responsibility and things I need to prioritize. I guess we might not that rich but we can always survive our everyday life. BTC makes a lot more bigger part in me because of it, I able to have some things I didn't able to buy before and thins I need to pay. I will start saving for my future in order to secure it. it is permissible and not forbidden to do wishing, of course it can determine the amount, although maybe for now it is very irresistible and it may be that some of it is still held and will continue to move up in the future if not all are used, usually sometimes people forget that they already have a lot then will want to have whatever. so forget to be partially invested, very dangerous ...I really appreciate what you have told, in outline, I can conclude that you are a resilient person and carefully prepare everything you will do and sort out the priority scale, of course this is not easy in practice. because usually practice words and actions are always conflicting and that often happens when we have gotten big things such as bitcoin. Title: Re: How much btc do you need to secure your future? Post by: Matimtim on March 05, 2021, 08:56:05 AM Its depends on how you spend your money and how many people you have to feed, or number of people under your responsibility and how they consume money in their daily life, those things are need to consider if you want to estimate how much bitcoin you need to hold to secure your future.
Title: Re: How much btc do you need to secure your future? Post by: jjdub7 on March 05, 2021, 07:16:43 PM This is quite relative, because everyone would prefer to have more, and it depends on what exactly is meant by securing their future: for 10 years, 20 or 50 years ahead.
One amount may be enough for 50 years of normal life as I lead now, for example, but the same amount will not be enough if I want to go to a better country or have a bigger house, etc. But as we know, the more is better Title: Re: How much btc do you need to secure your future? Post by: Ibrahim60 on March 05, 2021, 08:29:36 PM I have no big demand. I just continue my life peacefully. In the current price of Bitcoin I just need 4 btc to secure my future. I think this enough for me. Also i think that Bitcoin price will hit 100k in the nearest future. Because this is so much good coin.
Title: Re: How much btc do you need to secure your future? Post by: illete on March 05, 2021, 09:04:46 PM I think,Hard to predict but totally depend upon the skills, alluding to sum or how much btc human can have and be comfortable, the reply is inconclusive btc, since indeed in spite of the fact that we have ten thousands btc I do not truly think that human will be placated with it, what truly things is fulfillment in terms of needs, from my viewpoint and perception, future can't be anticipated related to our needs, since the accessibility of what we have at early organize does not decide our future, what things is the capacity to control how to utilize the resources.
Title: Re: How much btc do you need to secure your future? Post by: TribalBob on March 05, 2021, 09:18:17 PM all based on market prices if I look, and owning 1 bitcoin for 100k $ is enough for me and early retirement from my job, I will open a business for my family, but Targeting a certain amount of bitcoin to secure the future is a bit difficult especially for people who have capital small for that, just work hard or just join a bounty campaign.
Title: Re: How much btc do you need to secure your future? Post by: blockman on March 05, 2021, 09:41:25 PM At the current price of bitcoin at over $47,000, just 1btc is ok for me to be satisfied in life. And I think that should also be more than enough for anyone else, including those living in Europe. That is more than enough for anyone to go into business with or stsrt a small scale company. Even if I live in a not so expensive place, I would want more than that. Just like the others of telling 10 or more than that up to 20 or so. But that's a comparison and won't happen.Obtaining 1 bitcoin is already expensive and hard to do these days. But that's really what I wanted just to be free in finances because it will help me with everything that I want to do. Considering that it is almost 50k then lots of things that you can buy into that amount but only to those who reside on countries which does have cheap when it comes to wants and needs.So this depend on the place on where you do live.Securing future does talk about long term so people will be normally asking for more. In my experience, that's wise spending even if you have 1 or less or more, you need to spend it wisely so it will be worth it and you won't regret that you have sold and converted it to fiat to secure your future. Title: Re: How much btc do you need to secure your future? Post by: OgNasty on March 05, 2021, 09:49:40 PM I see the answers of people saying 1 BTC and I think maybe you don’t realize how little money that is, or maybe I don’t realize how low cost of living is in other places, or maybe I’m just greedy...
I couldn’t live a year on 1 BTC. I think it would actually take closer to 200 BTC at current prices for me to feel secure and comfortable for the rest of my life. When you’re young, a million dollars seems like a lot of money. When you get older you realize it wouldn’t even get you the house you’d like, let alone pay bills or taxes forever. With 5 million I’d feel like I could live comfortably forever. With 10 million I feel like I’d be able to live luxuriously forever. I haven’t hit 200 BTC yet, so buy some of my goods from the NastyShop (https://nastyfans.org/mint). Lol Title: Re: How much btc do you need to secure your future? Post by: ReiMomo on March 05, 2021, 10:02:36 PM I see the answers of people saying 1 BTC and I think maybe you don’t realize how little money that is, or maybe I don’t realize how low cost of living is in other places, or maybe I’m just greedy... That is I guess depending on where you live if you are in the US. 1 bitcoin is surely a small amount but if you are in third world countries, you are a multi-millionaire if you have 1 bitcoin. I guess for me, 200 bitcoin is too much and I don't know if I can accumulate that huge amount, but if that is, fortunately, come into my wallet accidentally, well, that is a big money and I could live it here like a king even though all my relatives and family I can buy them a house and lot for that amount.I couldn’t live a year on 1 BTC. I think it would actually take closer to 200 BTC at current prices for me to feel secure and comfortable for the rest of my life. When you’re young, a million dollars seems like a lot of money. When you get older you realize it wouldn’t even get you the house you’d like, let alone pay bills or taxes forever. With 5 million I’d feel like I could live comfortably forever. With 10 million I feel like I’d be able to live luxuriously forever. I haven’t hit 200 BTC yet, so buy some of my goods from the NastyShop (https://nastyfans.org/mint). Lol For me, as long as what I have accumulated will be fine. That does not matter, because it does not mean if you will get retire you will stop working, at least you have family and business that will support you at the end of your life. Title: Re: How much btc do you need to secure your future? Post by: carelessboy on March 06, 2021, 08:47:49 AM Actually i work a company as a manager. i know never rich doing the job. my cousin talk about bitcoin at 2017 but can,t believe my cousin .if believe and bought one bitcoin take enough money. i think 100K usd enough for me.so when bitcoin market will low buy three Bitcoin and hold Five years for my Future.
Title: Re: How much btc do you need to secure your future? Post by: marlo1001 on March 06, 2021, 08:52:23 AM I dont know how to talk about secury future and btc. No one knows btc price next month. How i could think about next 10 years? Maybe 1 btc will be enough for me to never work again. Maybe 1 btc will be not enough for cheap plane ticket. No one really knows, sorry
Title: Re: How much btc do you need to secure your future? Post by: Rengga Jati on March 06, 2021, 10:28:17 PM Humans will never be satisfied with numbers. When you have one now, you want 4, now you have 4, then you want 10, and so on. Likewise with satisfaction with how much BTC is desired in the future for our lives. Of course as many will be answered as possible. Moreover, the future value of the currency will be much heavier. And bitcoin may also be even more expensive.
However, I myself don't want to put all my money into Bitcoin for the future. I will also share it with other real businesses in the real world for the long term. Title: Re: How much btc do you need to secure your future? Post by: Trinx01 on March 06, 2021, 11:30:38 PM It really depends on the country that you are living in, some countries are high economically so most of their products that a normal person needed is too high. On my own maybe I need about 5 BTC to secure my future, which is already enough for me to create my own business and build my simple house. Business would always be a good way to spend your money, that is worth it.
But actually, people will still look for more than that. they have even though that is already enough for them, that is life, we are here to4 dream more of what we have right now so we still keep on being a hard worker. Title: Re: How much btc do you need to secure your future? Post by: yohananaomi on March 07, 2021, 06:01:11 AM I’m not greedy at all. Think the amount of three BTC will cover all my desires. One BTC I will exchange on cash and will use that money for my everyday needs, second BTC I will use for trades, and the third one I will hodl forever. So yes, the amount of three BTC is ideal for me. it seems that what you say is a very ideal, but sometimes humans are not satisfied and want to be able to have as much as possible and greed cannot be separated from human nature itself.what you have described is correct because with the already high value of bitcoin, it is able to provide comfort with what has been thought in sufficient division that we can continue to carry out ideal activities. maybe it will even be able to add more increases in trade in the future because the value continues to increase. Title: Re: How much btc do you need to secure your future? Post by: Daniel91 on March 07, 2021, 07:40:04 AM I think the value of bitcoin is much more important than its quantity here.
One who now has 1 btc has a much higher value (and more money) than one who had 1000 bitcoins at the beginning of bitcoin development. That’s why my long-term goal is determined by the amount of money in fiat money and not the amount of bitcoin. Currently, this long-term goal is at the level of 10 btc, but as the price of bitcoin rises, the desired level of bitcoin will slowly decrease. Title: Re: How much btc do you need to secure your future? Post by: zanezane on March 07, 2021, 07:50:55 AM I’m not greedy at all. Think the amount of three BTC will cover all my desires. One BTC I will exchange on cash and will use that money for my everyday needs, second BTC I will use for trades, and the third one I will hodl forever. So yes, the amount of three BTC is ideal for me. 3 bitcoin is not enough to last a lifetime, this is all just hypothetical question about the amount and given the current prices of bitcoin, I don't think that 3 bitcoin will be enough for an insured retirement because along the way in your life, there will be emergencies that you might not expect to happen. For me, I would say that the adequate amount of bitcoin to secure a future for me and possibly a family along the way would be around a thousand because this way, any unexpected things are definitely going to be taken care of, even though they hadn't happened yet.Title: Re: How much btc do you need to secure your future? Post by: uelque on March 07, 2021, 11:03:29 AM You're right it actually depends on someone's location.
For us, living in a 3rd world country where $1 is considered approximately as 50 times value of our local currency, I can say at least 7 btc for me is enough. Or I guess, that is more than enough because we still don't know what price BTC would have few years from now. And I can somehow create lot of passive incomes having that BTC with me leaving me a secure life in the future. Ain't gonna depend on savings to secure my future, I am much more willing to invest and risk on much more things that would create passive income to financially secure myself. Title: Re: How much btc do you need to secure your future? Post by: Peanutswar on March 07, 2021, 11:56:48 AM Before I think having one bitcoin is enough because imagine having the price of the bitcoin equivalent to how many dollars because previously when the price of the bitcoin comes into 10k USD and I just have 0.001 its overprice to me but right now the price of the bitcoin comes again into 50k USD it's a very big difference right now. For me, 5-10 bitcoin is enough but getting this kind of large amount takes a lot of time, hold and different psychological experience because of the trends. Sooner or later we might experience around 60k USD again and before the alt season makes another pump, hoping that this might happen.
Title: Re: How much btc do you need to secure your future? Post by: wack slacker on March 07, 2021, 02:52:10 PM With Bitcoin's current growth in value, I think owning just 1 Bitcoin is enough for the future.
We could have more Bitcoin if we make a lot of money right now or not. I think that the material demand for humans is limitless, so no matter how many Bitcoins we have, we still have to use it appropriately. Title: Re: How much btc do you need to secure your future? Post by: Evilish on March 07, 2021, 03:01:48 PM I would say about 5-10 BTC should be enough. More the merrier of course.
If we reach the price point of $1 million that many have been predicting, this should leave you with $5-$10 million, which is enough to retire anywhere in the US. Of course, you could also move somewhere with lower cost of living and make do with a fraction of that. Title: Re: How much btc do you need to secure your future? Post by: shantos carora on March 07, 2021, 07:05:05 PM I think maybe a few Bitcoins are not enough for my future, Maybe I'll buy or mine more Bitcoin and then I'll keep Bitcoin as long as I can, I can't help but sell some for personal use.
Title: Re: How much btc do you need to secure your future? Post by: Asuspawer09 on March 07, 2021, 07:27:56 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? More than 10 bitcoin is already a big amount of money here in the Philippines, 10 bitcoin would be 24,549,998 million pesos. and it would be a big amount of money and probably would be more than enough to secure your future in the Philippines if you are not going to spend too much on luxurious things or something that is too expensive. I mean you could easily just buy a 24million pesos house in the Philippines or you could just buy a probably 3million pesos house or something, but around 10 bitcoin is still great you could easily start businesses or invest again to gain much of a profit in the future. So I think around 50 bitcoin would be the best bitcoin your gonna need to secure your future and at the same time live a luxurious life. Inflation is just like burning your money it just happened so fast. Title: Re: How much btc do you need to secure your future? Post by: bitzizzix on March 07, 2021, 07:30:50 PM I also want to dream and fantasize like all of you but hopefully it will come true, we don't know what will happen to the price of bitcoin in the future.
every year the progress of the country will develop and all the prices will definitely continue to increase throughout the year so if I have 5 BTC it looks like it is enough for my lifetime expenses and but I will not depend on my living needs using bitcoin, Maybe half of it will be used for business capital or business for daily necessities and the rest I save. because I believe the price of bitcoin will continue to rise and that is enough for the rest of my life. Title: Re: How much btc do you need to secure your future? Post by: 2double0 on March 07, 2021, 07:48:14 PM Looking the current value of btc, I will need just 20 btc with me to live a happy and secure life forever. However, it is now a dream for me to achieve that much btc during my whole life unless btc dumps back to $3000 and gives me a chance to buy at least 2 or 3 coins by managing $10k anyhow.
Title: Re: How much btc do you need to secure your future? Post by: ringmaster1899 on March 07, 2021, 07:56:52 PM Hey I'm new to this crypto currency I found some useful info on the web but I don't know of anyone who has real knowledge about it. I've made a nice sum of currency from my own research but still need a few pointers from someone who has more experience with it. Here's a link of where I went and made a nice sum of crypto (https://rb.gy/bq8qk0) check it out. If you have or know of someone who has good links please don't hesitate to comment. Thank you.
Title: Re: How much btc do you need to secure your future? Post by: Becky666 on March 07, 2021, 08:36:14 PM I dont know how to talk about secury future and btc. No one knows btc price next month. How i could think about next 10 years? Maybe 1 btc will be enough for me to never work again. Maybe 1 btc will be not enough for cheap plane ticket. No one really knows, sorry Probably 1-bitcoin should be very much enough for me becasue that will definitely place me into the class of the millionaires which is the best anyone can ask for. Although, there are countries that this 1-bitcoin can't secure their future but for the third-world with this gesture we will be fine with the future. For those asking above this 1-bitcoin and lived in the third world should be more considerate. Title: Re: How much btc do you need to secure your future? Post by: Zionatin on March 07, 2021, 10:30:36 PM It depends very much on what sort of future you are looking for and where you want to live. I Reckon a few bitcoin is enough for most people. Third-world country bitcoin users could even go far with just 1 bitcoin perhaps even less. I mean what do you want? Do you want to eat like a king every day and have a fast car and a large house? Or are you ok with things being somewhere in the middle? Additionally, some people don't particularly want to be rich and accept where they are. This is true since many people are given opportunities to earn more profits yet they pass them up.
Title: Re: How much btc do you need to secure your future? Post by: Fatunad on March 07, 2021, 10:38:07 PM 100 BTC would be enough for me to say that it will be securing out my future not only on having all the necessary things in life like home,clothing,food and other needs but also
on securing things on making out traditional investments not only limited to cryptocurrency but also with those typical physical businesses. How i wish i do have those amounts and for sure that most of us does have the same targets in life this is why we've been doing all sorts of things for us to earn into this market. Well, dream is a dream but doesnt mean that it would be impossible to happen. Title: Re: How much btc do you need to secure your future? Post by: lalabotax on March 07, 2021, 11:37:23 PM As many as possible, but it may not happen to me.
Sometimes, it is nice to expect more, but we must be also realistic. How much I can expect must fit to how much I can afford to get it in the future. At least, I can use it for the future necessity of my children's education. Because, it is not only about using BTC for daily needs, but also education. And for me, I can't set how much Title: Re: How much btc do you need to secure your future? Post by: blockman on March 08, 2021, 07:15:12 AM I think maybe a few Bitcoins are not enough for my future, Maybe I'll buy or mine more Bitcoin and then I'll keep Bitcoin as long as I can, I can't help but sell some for personal use. All of us will come to the point that we have to sell for personal use. Maybe for our personal needs or things that we may find to buy and need in our daily lives or just for the luxury and wants.100 BTC would be enough for me to say that it will be securing out my future not only on having all the necessary things in life like home,clothing,food and other needs but also This is around $5M and that's already good for retirement and that's really a lot of money to spend. I've got pension by that time and at the same time I'll have that savings.on securing things on making out traditional investments not only limited to cryptocurrency but also with those typical physical businesses. Well, dream is a dream but doesnt mean that it would be impossible to happen. Title: Re: How much btc do you need to secure your future? Post by: kopijos on March 08, 2021, 08:17:22 AM 5 btc can be used as security in the future. for me, the amount of BTC is able to be used for positive things. especially the use in my country btc is still for trading, so when you have 5 btc and use it for trading you can have multiple profits in the future
Title: Re: How much btc do you need to secure your future? Post by: Mituletr on March 09, 2021, 06:27:28 AM It depends on the price of Bitcoin, because the price of Bitcoin is uncertain. Of course I want to own more bitcoins. Title: Re: How much btc do you need to secure your future? Post by: elisabetheva on March 09, 2021, 12:37:44 PM 5 btc can be used as security in the future. for me, the amount of BTC is able to be used for positive things. especially the use in my country btc is still for trading, so when you have 5 btc and use it for trading you can have multiple profits in the future I think it's natural because your intention will be used partly to make trades which also require large fees, but there are indeed other alternatives that can also be done besides trading in crypto, of course. because there are many ways but it depends on our abilities too.5 btc at the present value equals to 248,300$ which is quite a big amount for many people and as the bitcoin prices increases over the years, i think only 1 bitcoin will be enough to live a luxurious life. It really depends upon the price of the bitcoin at that particular time and also in which part of the world you are living. we cannot equate the existing value of money with what might be experienced from each individual, indeed the value of 5 BTC that you say is very large, but we do not know whether for him the value is appropriate to be used for further work that he wants. do, after all the needs of people are certainly very different and we can not equate with our situation.for me, with a life situation like now which is already difficult, the value of money is not like a big value anymore because the needs are also increasing and expensive. sometimes i have to find a loan so that what we do can work. Title: Re: How much btc do you need to secure your future? Post by: Renampun on March 09, 2021, 07:49:37 PM *in my country, only 2 Bitcoin at current prices could make a young retired person...
now I am more than 30 years old and the average cost of living that my husband and I spend is around $ 200. if I have about 2 Bitcoin a day now then that is enough to make my family and my family live comfortably quietly until I am over 70 years old. Title: Re: How much btc do you need to secure your future? Post by: Wawa2013 on March 09, 2021, 09:02:09 PM Every country has a different standard of living, but for my country I only need 3 BTC to live safely and comfortably. With 3 BTC I can buy all
the necessities of life that I need, and can open a small business to become a source of income. When I get 3 BTC, I can make my future secure. So I am indeed active in the crypto world struggling to earn at least 3 BTC to secure my future. Title: Re: How much btc do you need to secure your future? Post by: TopTort777 on March 09, 2021, 09:07:57 PM The answer to the question is simple. You dont need 5 or 105 BTC to secure future. All you need is just 1 bitcoin. Just 1 (one), which will cost hell lot of money. That is it.
Those who name different numbers of btc - try not to stick to current price. If tomorrow bitcoins price reduces to 1,000 USD, what will you do them in future? It wont already secure your future. Title: Re: How much btc do you need to secure your future? Post by: hahay on March 09, 2021, 09:16:56 PM If we talk about how much bitcoin is needed then I believe basically it will never be enough, look at the rich and successful people out there they will continue to dig, seek and chase gold, money and other assets until they can no longer do it or die. At least, it proves that humans will never be satisfied with just being rich, because over time there will always be many different needs that will keep you working to get bitcoin and whatever assets there are and that will never be enough, because as long as there is still a chance to get it then they will never stop.
Title: Re: How much btc do you need to secure your future? Post by: Fatunad on March 09, 2021, 09:22:56 PM If we talk about how much bitcoin is needed then I believe basically it will never be enough, look at the rich and successful people out there they will continue to dig, seek and chase gold, money and other assets until they can no longer do it or die. At least, it proves that humans will never be satisfied with just being rich, because over time there will always be many different needs that will keep you working to get bitcoin and whatever assets there are and that will never be enough, because as long as there is still a chance to get it then they will never stop. There's no enough for a human being as long he can accumulate as much as he can he wouldnt be still contented on what he had currency but still seeking out on possiblemoney that he can extract out from something.So lets say that 21M coins wouldnt be enough? :D When it comes on securing future then it would be able to calculate up even having no job nor investment you can still make out amount presumptions but still basing off on what kind of life you've been targeting on but since you do have lots of money then that would really be on that extravagant side of things. Title: Re: How much btc do you need to secure your future? Post by: coolcoinz on March 09, 2021, 10:20:56 PM The answer to the question is simple. You dont need 5 or 105 BTC to secure future. All you need is just 1 bitcoin. Just 1 (one), which will cost hell lot of money. That is it. Those who name different numbers of btc - try not to stick to current price. If tomorrow bitcoins price reduces to 1,000 USD, what will you do them in future? It wont already secure your future. Some analysts speculate that even 0.2 will equal big wealth in 10 years because there's no way for bitcoin to be mediocre. It's going to be big or it's going to disappear and be forgotten. Taking the above into account, it's stupid not to at least try to get that 0.1 BTC because you have 50/50 chance of making a deal of a lifetime when Bitcoin hits 500k USD and what do you have to lose? If you bought last year that would be less than 2k, that can be worth 10k this year and 50k in 2030. Title: Re: How much btc do you need to secure your future? Post by: Flying11Horse on March 10, 2021, 02:02:10 AM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. As the price of Bitcoin has soared to about 50K USD so I think 5 will be enough for a person to live a happy life for about ten years. The price of BTC will further increase up to about 140kUSD in a month or two or a year and 5 BTC will be worth more than 6 billion dollars, which is a huge amount of money. But the question arises how are we going to get that BTC ???.I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Title: Re: How much btc do you need to secure your future? Post by: Pamadar on March 10, 2021, 04:31:35 AM If we talk about how much bitcoin is needed then I believe basically it will never be enough, look at the rich and successful people out there they will continue to dig, seek and chase gold, money and other assets until they can no longer do it or die. For that example, it's unavoidable since there are people who can't be satisfied with what they've got. They will keep aiming for much bigger savings to put inside their accounts. At least, it proves that humans will never be satisfied with just being rich, because over time there will always be many different needs that will keep you working to get bitcoin and whatever assets there are and that will never be enough, because as long as there is still a chance to get it then they will never stop. Human behavior that most have, it's funny since those who can't hold 1 Btc are claiming that it's enough for them to save for the future while in the other side, those who already have 1000 Btc are still seeking to keep more to sucure their future. Title: Re: How much btc do you need to secure your future? Post by: shoreno on March 10, 2021, 04:49:01 AM it depends on how you look at the prospect of btc. if you believe it can hit $1m each, then one btc can safely secure your future. however, if you are greedy and perceive the bit's future as dim, then maybe ten or fifty bitcoin. but as I see it, nothing can secure your future except constant learning. the only perpetual thing in the world is change. who knows what would happen? what if you accidentally lost your passwords of digital wallet... indeed change is what you need . if you are greedy now changed that habit because no matter how much btc you have , all of those btc are still going to run out and let say that if you still have a btc left but you lost access to your wallet . right? :) how will you going to live a life with less money with you ? this is why i practice myself to be versatile so that i wont worry and i can still live a peaceful life with or without money . Title: Re: How much btc do you need to secure your future? Post by: GeorgeJohn on March 10, 2021, 05:42:24 AM Actually people can't be satisfy via want really them want especially in cryptocurrency, because everyone is looking up to larger values of crypto for other investment and other targets, from me i know vividly I can be OK with 3btc attacks with manual business, so I don't really need much Bitcoin to be secured my future, because of diversification of business, and somebody can have 1btc and be OK for rest of he or her life due to personal strategies apply to elevate its self.
Title: Re: How much btc do you need to secure your future? Post by: JillianTaft on March 10, 2021, 06:23:56 AM Some prominent people in bitcoin space says that owning at least 0.2 or 0.3 amount of bitcoin is enough in order to become one of the 1% of population who is surefire to become rich just by owning a fraction of bitcoin, some even says you need to have more than 15 BTC or even more. when you set a limit for yourself, it's very likely that you slack off when the goal is achieved. like...if you think 15 btc is enough to secure your future, then when you really have 15 btc, you might stop trying and you laze around, which probably leads to the loss of money and ambition as well, then you sell your bitcoin. No limit, keep trying ;D[1] https://news.bitcoin.com/this-is-how-much-btc-you-need/ However, I think it would be impractical to limit yourself from those numbers and stop accumulating. These are just statistics to evenly spread the wealth based on supply and the current amount of BTC that is circulating. I personally do not have a speficific number in mind since I aim for long term accumulatation even if it means selling a small amount for my needs -- steady but slow will still suffice. Just accumulate as much as possible without giving yourself a limit. That's the goal to secure yourself. Title: Re: How much btc do you need to secure your future? Post by: Rana590 on March 10, 2021, 07:10:43 AM It will depend entirely on your cost. You can calculate an estimated amount by calculating how much money you spend in your daily life. It will be different for each person. Someone's life goes on with a little money and someone's demand keeps increasing day by day.
Title: Re: How much btc do you need to secure your future? Post by: iTradeChips on March 10, 2021, 12:21:25 PM Many, many people have commented that they had wished they were able to know about Bitcoin in 2011 or even 2013. Many of us here were latecomers to the Bitcoin party. Most of us also have heard of it one time in their life but has decided to invest only little, and some of us invest big and sold in 2017 when it reached $20,000. So right now, many of us would have a hard time getting satoshis because it is becoming a bit expensive now but just keep on stacking satoshis until you can reach your first Bitcoin.
Title: Re: How much btc do you need to secure your future? Post by: TopTort777 on March 10, 2021, 03:05:43 PM The answer to the question is simple. You dont need 5 or 105 BTC to secure future. All you need is just 1 bitcoin. Just 1 (one), which will cost hell lot of money. That is it. Those who name different numbers of btc - try not to stick to current price. If tomorrow bitcoins price reduces to 1,000 USD, what will you do them in future? It wont already secure your future. Some analysts speculate that even 0.2 will equal big wealth in 10 years because there's no way for bitcoin to be mediocre. It's going to be big or it's going to disappear and be forgotten. Taking the above into account, it's stupid not to at least try to get that 0.1 BTC because you have 50/50 chance of making a deal of a lifetime when Bitcoin hits 500k USD and what do you have to lose? If you bought last year that would be less than 2k, that can be worth 10k this year and 50k in 2030. That is why I'm holding my signature rewards ;D But I'm holding it not because I hope that "in 10 years bitcoin price will reach half a million US dollars", but to bring my dream come true. I want a motorcycle. I've already spent a lot on gear and on the lessons. Due to covid19 and winter I had to pause learning for a bit. But hope in a month I will continue. My goal is to maintain all the motorcycle related expenses with bitcoin help 8) Title: Re: How much btc do you need to secure your future? Post by: nightxglow on March 10, 2021, 03:10:54 PM Since i live in a country which currency doesn't have much power, even years ago, 1 btc is already hard to achieve. Like, you have to spend years without spending your salary to achieve that. And now, once btc already rose so high, achieving 1 btc seems like a hard work. Not impossible though, but it will take.... years. even more longer years.
I think having 1 btc is enough to support your live, alone, in my country for at least 6-7 years. and you can live quite luxuriously with that, and without needing to do any job. And if btc price keeps getting higher, having 1 btc is really a miracle enough for many people. Title: Re: How much btc do you need to secure your future? Post by: Amejoaquim on March 10, 2021, 11:05:26 PM Right now i just can say 10 maybe enough for me.
But, i don't know after i convert that BTC into Real money maybe isn't enough anymore? "There's never enough money, anything you plan always goes wrong- it's just hard to be human, isn't it?" BTW, My plan just chill everyday and travel around the world without worrying about bills. Title: Re: How much btc do you need to secure your future? Post by: Nikole Fischer on March 10, 2021, 11:54:45 PM Right now i just can say 10 maybe enough for me. Your plan sounds very good, I like it! :)But, i don't know after i convert that BTC into Real money maybe isn't enough anymore? "There's never enough money, anything you plan always goes wrong- it's just hard to be human, isn't it?" BTW, My plan just chill everyday and travel around the world without worrying about bills. I agree with you that there's never enough money. The problem is that these 10 btc may no longer have the same value in the future as they do now. This is life, you never know what will happen tomorrow. So it's kinda difficult for me to say how many bitcoins I need to support my life. I'm living in the moment. Title: Re: How much btc do you need to secure your future? Post by: Quidat on March 10, 2021, 11:57:07 PM Right now i just can say 10 maybe enough for me. People doesnt like for their money to get depleted and anytime if they do make out some expense then they would really be thinking for asking for more because they are afraidBut, i don't know after i convert that BTC into Real money maybe isn't enough anymore? "There's never enough money, anything you plan always goes wrong- it's just hard to be human, isn't it?" BTW, My plan just chill everyday and travel around the world without worrying about bills. that they would really be going back on being a poor person or to those normal days on the time he havent those money in his pocket.This would really be a unlimited asking out of money if you do really say the truth.No man would really be contented on what they do possess on point but rather they would really be asking for more if they do saw that they can still get more than on what they have now. Title: Re: How much btc do you need to secure your future? Post by: Mika220 on March 13, 2021, 07:17:16 PM Right now i just can say 10 maybe enough for me. Your plan sounds very good, I like it! :)But, i don't know after i convert that BTC into Real money maybe isn't enough anymore? "There's never enough money, anything you plan always goes wrong- it's just hard to be human, isn't it?" BTW, My plan just chill everyday and travel around the world without worrying about bills. I agree with you that there's never enough money. The problem is that these 10 btc may no longer have the same value in the future as they do now. This is life, you never know what will happen tomorrow. So it's kinda difficult for me to say how many bitcoins I need to support my life. I'm living in the moment. If a person is educated in financial literacy, he will lose these 10 BTC as soon as he gets them even within six months of the current course. Therefore, no happy life is at stake. Title: Re: How much btc do you need to secure your future? Post by: jerry0 on March 16, 2021, 04:22:37 AM What about using the btc to make money via passive income like rentals? Say someone is from the US. If they cashed out say a million dollar profit after tax from crypto... so they made over a million plus dollars and after taxes, profit l million dollars in their US bank account.
How much money could they make a year with a million dollars for passive income? If you buy a rental or two rentals, would that be good enough if you have low living expenses? But obviously its best to not sell all your btc. But how much money after tax would you say is good enough to use your crypto for passive income? I always heard you could just buy the S and P 500 in stock market and have a good ROI that way. Thoughts on that? Title: Re: How much btc do you need to secure your future? Post by: skarais on March 16, 2021, 04:59:10 AM For current price, it look like 10 btc will be enough to get me out of my job for life.
But I'm not sure that will guarantee happiness. Meanwhile, even though I don't have anything of high value, I am grateful to have a happy life. Sometime happiness can't be measured by money. Financially, we will never have enough if we are not grateful. Although money can buy everything we want, sometime it will only make it more difficult for them and reduce the quality of life. Money cannot secure the future we want. Have you ever heard that someone who wins the Jackpot has to die for that win? Title: Re: How much btc do you need to secure your future? Post by: Expecto on March 16, 2021, 09:25:18 AM If we take into account the current price, having an amount of BTC between 10 and 15 would be quite enough for me to secure my future in my country. Actually I have a really nice job that I make good money and I work for a company remotely that is in a different country. But if I had that amount of BTC, I would probably convert it to the currency of my country and keep it in my bank in a deposit account. It would be like an huge amount of extra salary for me. ;D
Title: Re: How much btc do you need to secure your future? Post by: Reatim on March 16, 2021, 10:56:29 AM With the 60,000 Dollars value of Bitcoin now ? i will be living luxuriously for just 10 Bitcoin in My country as we are in third world and has only a Cheaper expenses daily.
This gives us frustration also why we have not purchase and hold when the very first time we know about bitcoin. Like mine that i Met Bitcoin when the value is still 200$ ,so i always have this feeling every time question like this comes to mine. calculating the cost of living in the country where i live (Italy) at the current bitcoin value, i believe that with 15 btc i would live decently without needing to work anymore But what about your second and third generation? does it enough to bring them to Live ?Title: Re: How much btc do you need to secure your future? Post by: cheezcarls on March 17, 2021, 10:59:18 AM I have been planning for my future already, so if I were to be asked on how BTC do I need to secure my future?
Since I live in a third world country, call me crazy, but assuming if price is at least $60,000 per BTC I would go for at least 10 BTC is the minimum that I need to fully secure my long-term future. It’s not just my future, but for my family’s future and for our next generations as well. Title: Re: How much btc do you need to secure your future? Post by: Kittygalore on March 17, 2021, 11:31:25 AM With the current prices of bitcoin and if at the next 10 years it will continue to go up, I think that 1500 bitcoin is enough to go on a retirement and have some money for inheritance if having a family is on the table. I mean 1 bitcoin can keep you good for atleast a year but we have to consider that the prices isn't always going high.
Title: Re: How much btc do you need to secure your future? Post by: mezzaluna on March 17, 2021, 11:38:51 AM The answer to the question is simple. You dont need 5 or 105 BTC to secure future. All you need is just 1 bitcoin. Just 1 (one), which will cost hell lot of money. That is it. Those who name different numbers of btc - try not to stick to current price. If tomorrow bitcoins price reduces to 1,000 USD, what will you do them in future? It wont already secure your future. Some analysts speculate that even 0.2 will equal big wealth in 10 years because there's no way for bitcoin to be mediocre. It's going to be big or it's going to disappear and be forgotten. Taking the above into account, it's stupid not to at least try to get that 0.1 BTC because you have 50/50 chance of making a deal of a lifetime when Bitcoin hits 500k USD and what do you have to lose? If you bought last year that would be less than 2k, that can be worth 10k this year and 50k in 2030. That is why I'm holding my signature rewards ;D But I'm holding it not because I hope that "in 10 years bitcoin price will reach half a million US dollars", but to bring my dream come true. I want a motorcycle. I've already spent a lot on gear and on the lessons. Due to covid19 and winter I had to pause learning for a bit. But hope in a month I will continue. My goal is to maintain all the motorcycle related expenses with bitcoin help 8) That is a great goal and its a goal that really is visibly achievable. I also plan to HODL every possible earning that I have gained and at least create a small business that would be able to stand on an small capital. We might never even expect Bitcoin to rise up to its current value and it just makes people happy that having at least a small amount of Bitcoin is enough for getting through our daily lives. Title: Re: How much btc do you need to secure your future? Post by: conected on March 17, 2021, 12:58:37 PM I have been planning for my future already, so if I were to be asked on how BTC do I need to secure my future? - 5 to 10 bitcoin are probably the lowest number that can be filled and secured for our future but this is only the goal when we still don't have too many bitcoin, if this goal is achieved, we will need more bitcoin because each of us has yet to give up the quality of greed, the opportunities to make money are overwhelming here, once we have that amount of capital, we will be able to look for more opportunities to develop. We have more money, our future will be more full, generations behind will not be in short economic condition, so the numbers we need are impractical, it will soon change according to our greedSince I live in a third world country, call me crazy, but assuming if price is at least $60,000 per BTC I would go for at least 10 BTC is the minimum that I need to fully secure my long-term future. It’s not just my future, but for my family’s future and for our next generations as well. Title: Re: How much btc do you need to secure your future? Post by: OscarDavidson on March 17, 2021, 03:47:21 PM I'd like to have as much BTC as Microstrategy has got after investing ;D
If a person is educated in financial literacy, he will lose these 10 BTC as soon as he gets them even within six months of the current course. Therefore, no happy life is at stake. I would rather agree with this point because I'm sure that I would make the same mistake. The more money you have = the more money you can waste. That's why I would rather get some wealth like cars and villas somewhere in Spain instead of the BTC amount. Title: Re: How much btc do you need to secure your future? Post by: BaeSuzy on March 27, 2021, 10:57:56 PM Right now maybe i can just say 5-10 is enough to secure my future. But as a human being we always greedy and always want more, especially about money it will never be enough.
Title: Re: How much btc do you need to secure your future? Post by: rosebrand on March 28, 2021, 11:27:03 AM Like you said earlier it depends on the location of the person, in USA living there is much more expensive, the cost of living in USA can't be compared to any Indonesia country or even African countries. Recently I got a Nigerian friend and we discuss more often and he tells me that if he gets just 1 bitcoin his live would change forever, that 1 bitcoin is worth over 28 million in Nigerian naira, this is a huge money for any citizen in that country to live wealthy, having over 28 million if the money is spent wisely and used for investing certainly will never go broke again, but in USA 1 btc is just below $60 which isn't enough to live very wealthy so the location is the deference.
Title: Re: How much btc do you need to secure your future? Post by: FIFA worldcup on March 28, 2021, 11:46:05 AM Right now i just can say 10 maybe enough for me. But, i don't know after i convert that BTC into Real money maybe isn't enough anymore? "There's never enough money, anything you plan always goes wrong- it's just hard to be human, isn't it?" BTW, My plan just chill everyday and travel around the world without worrying about bills. I can't imagine how much bitcoin amount will be enough for me but i am collecting as much as i can. It will not be possible for me to get 10 bitcoins but any amount which i am able to accumulate will be enough for my future as i am hopeful that bitcoin will reach one million dollar one day. Title: Re: How much btc do you need to secure your future? Post by: DevilSlayer on March 28, 2021, 12:33:51 PM We have different money spending habits so for sure that our needs are also different to each other, my goal is to have financial freedom and time freedom wherein I can eat whatever I want, I can go whenever I want and I can do whatever I want. For me having 20 btc will fulfill my dream which is to having financial freedom and time freedom. My spending habits is not bad as others and luckily I keep tracking my cashflow where it helps me to determine if I'm doing great or not. If I already have that kind of btc, my plan is to diversify it in assets generating income like real state and of course trading some cryptocurrencies. Securing our future depends on what kind of abilities that we have right now and I think it is important to track if we are doing well right now. Even if we earn huge amount of btc in the future but we do not have enough knowledge then expect that you will lose it in short period of time.
Title: Re: How much btc do you need to secure your future? Post by: Spaffin on March 28, 2021, 01:50:06 PM In fact, today, even taking into account the current price of Bitcoin, even one coin would be enough for me to invest it profitably in a business and receive income every month. But as always, people who receive good incomes have an increase in appetites, which means that the demands for life will also grow. But I will still remain a modest person and be satisfied with one bitcoin, although I will not stop working in the cryptocurrency business anyway.
Title: Re: How much btc do you need to secure your future? Post by: Lmaooo on March 28, 2021, 09:46:32 PM I think it's not how many Bitcoins you need to secure your future but how strong is your mentality to protect your future. No matter how many Bitcoins you get if you don't have a strong mentality or motivation to keep you going on the right direction you'll achieve nothing. Bitcoin alone cannot build your future unless you are ready, and have a strong motivation on what you are doing. Bitcoin is one of the tools you need to help secure your future but all the tools.
Title: Re: How much btc do you need to secure your future? Post by: blockman on March 28, 2021, 09:48:14 PM I think it's not how many Bitcoins you need to secure your future but how strong is your mentality to protect your future. No matter how many Bitcoins you get if you don't have a strong mentality or motivation to keep you going on the right direction you'll achieve nothing. Bitcoin alone cannot build your future unless you are ready, and have a strong motivation on what you are doing. Bitcoin is one of the tools you need to help secure your future but all the tools. You cannot change the fact that when you have bitcoin and having a good price in the future, it's all that you need. Even if you are mentality strong but you're financially broke.That will break you mentally. Title: Re: How much btc do you need to secure your future? Post by: CarnagexD on March 28, 2021, 10:33:36 PM In the Philippines a single bitcoin could set 2 families for life in a simple way of living. But for an average family to be able to live without hassles and fears of not being able to pay the bills, next momth or whatnot, they're probably going to need more then 7 bitcoins. The Philippines isn't an expensive country to live in, really but the people in here are third-worlders, meaning some of what you may consider impoverished in the US may live a very good life in here
Title: Re: How much btc do you need to secure your future? Post by: bitcoin31 on March 28, 2021, 10:42:41 PM Securing your future is good but I will not recommend to save bitcoin if you are want to have fix money because what if you save a lot of bitcoin but after 10 years the price is very low. Investing is good but make sure you have a plan and investing to the bitcoin is good to have a better future but we do not know what is the outcome. There is specific amount of bitcoin for securing your future it depends on your strategy, hardwork and also your bitcoin or money that you already have.
Title: Re: How much btc do you need to secure your future? Post by: Dannaey on April 24, 2021, 03:33:27 PM Actually it depends on the value of Bitcoin. In the current price of Bitcoin right now, with a price range $50,000 to $60,000, I think it would be enough that I will have at least 100 BTC to secure my future and become financially free.
Title: Re: How much btc do you need to secure your future? Post by: Alucard1 on April 24, 2021, 03:47:40 PM As the current price of BTC, maybe I need to have 5 BTC to secure my future, 5 BTC is already a huge amount of money, you can use it to have a house and lot, car, and the most important is the building business, that should be the expenses that I will have once I earned 5 BTC, business would always be the key to success, even though business is also a risk, it is still worth it, life is taking a risk, if you don't take a risk then nothing will happen to you, you won't succeed and you won't improve.
Title: Re: How much btc do you need to secure your future? Post by: caelangilbert on April 24, 2021, 05:43:56 PM just hold 1 bitcoin and wait for 5 years
Title: Re: How much btc do you need to secure your future? Post by: Jacksoon999 on April 25, 2021, 09:59:32 AM Actually it depends on the value of Bitcoin. In the current price of Bitcoin right now, with a price range $50k to $60k, I think it would be enough that I will have at least 50 BTC to secure my future and become financially free.
Title: Re: How much btc do you need to secure your future? Post by: UKprod on April 25, 2021, 10:31:00 AM At the current rate of BTC for someone like me who stays in India, I would need about BTC0.5 a year to lead a comfortable lifestyle. So considering the same, I would peg the number of BTC i would need would be in the range of BTC25-30. However, considering the rate at which BTC is growing and estimating that the value of BTC reaches USD 200K - USD 300K, I would say that I need BTC5 to lead a comfortable life and secure my future.
Unfortunately, I do not hold so much of BTC, and I plan to accumulate at least 1 BTC by the time I reach my retirement. :D Title: Re: How much btc do you need to secure your future? Post by: ILuckyGuyI on April 25, 2021, 10:55:20 AM I don't have a certain opinion when it comes to the amount of BTC I need. As long as I become a multimillionaire, it would definitely be enough for securing my future. And it depends on whether we see a really huge price increase in the future.
Title: Re: How much btc do you need to secure your future? Post by: TribalBob on April 28, 2021, 02:24:07 PM 2 bitcoins are enough for me to organize the future in 2021, what's more, the current bitcoin price has reached 53k $ for me, 1 btc is more than enough to create a mini market business in my area, and can meet my daily needs in long-term
Title: Re: How much btc do you need to secure your future? Post by: macson on April 28, 2021, 03:06:43 PM those who live in poor, developing and developed countries have different needs. my country is categorized as a developed country and the cost of living here is quite high, it can be said that i need BTC as much and hodl that to secure my future.
Title: Re: How much btc do you need to secure your future? Post by: apostoins on April 28, 2021, 03:07:26 PM Around ten BitCoin would be OK
Title: Re: How much btc do you need to secure your future? Post by: ivankoh on April 28, 2021, 03:14:07 PM There is infinite human need, and greed will drag us down the pit. Lol, BTC will calculate the price of USD and based on the conversion of USD and currency for the country in which I live. At this price point, I need only 5BTC to develop and strengthen my life during this extremely difficult time of covid 19, and from there, I will build my future.
Title: Re: How much btc do you need to secure your future? Post by: 777Jolami on April 28, 2021, 03:25:41 PM Food, food rise, inflation, unemployment, real estate soar, business bankruptcy in the covid 19 period ... If possible, I wish I had 25 BTC to cover my life. , marry, give birth to children and nurture them fully and well ^^ Everyone has dreams, right? Never enough.
Title: Re: How much btc do you need to secure your future? Post by: Congyang on April 28, 2021, 03:58:35 PM it all depends on the price of bitcoin and state conditions, for example, in my country, I have 5 bitcoins at the current price, even making you rich. but in contrast to you owning 5 bitcoins in the US or in European states you are not yet rich. so the most important thing is how the value of bitcoin in the future, the higher the value of bitcoin, the less we need and that's enough
Title: Re: How much btc do you need to secure your future? Post by: Arkann on April 28, 2021, 04:49:19 PM it all depends on the price of bitcoin and state conditions, for example, in my country, I have 5 bitcoins at the current price, even making you rich. but in contrast to you owning 5 bitcoins in the US or in European states you are not yet rich. so the most important thing is how the value of bitcoin in the future, the higher the value of bitcoin, the less we need and that's enough I believe that this is not only about financial security, but also about a secure future. Based on this, you need to understand that the more money a person has, the more problems he may have. These problems are associated not only with the state and taxes, but also with unscrupulous people who can harm only seeing your life in abundance. I believe that in this situation, the life of a person who does not have big demands will be more calm, and even with the current price of bitcoin, even 5 bitcoin is a good enough amount to arrange his life. On the other hand, you need to be a millionaire in order to have money to ensure your safety.Title: Re: How much btc do you need to secure your future? Post by: virtualdn on April 28, 2021, 08:29:56 PM Less and less BTC as its value will continue to grow. If you own at least 5 BTC I think your financial future will be secured and you will see the fruits of your labor in maximum 1-2 years. However, in long term I think even 1-2 BTC can secure your financial future.
Title: Re: How much btc do you need to secure your future? Post by: Bilgent on April 28, 2021, 09:09:16 PM If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat. ;D Or maybe I would continue to HODL for a little more time depending on the movements of the price.
Title: Re: How much btc do you need to secure your future? Post by: virtualdn on April 28, 2021, 09:23:32 PM If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat. ;D Or maybe I would continue to HODL for a little more time depending on the movements of the price. Never make the mistake to convert all your BTC to FIAT. I recommend converting maximum 20% and keeping the rest because FIAT is doomed to inflation, only cash out how much you need: need to buy a house? Cash out, need to buy a car? Cash out. Recover your BTC from price fluctuation, try to buy it back. Title: Re: How much btc do you need to secure your future? Post by: online73 on April 28, 2021, 10:11:22 PM Hello everybody. It is probably useless to talk about how much money will be required for security in the future, since bitcoin is also the equivalent of the money supply. Everyone has their own limit, but whoever will work how much will earn. We are all selfish to some degree. There is no definite safe well-being for my inner consciousness - today a roof over my head and a crust of bread is enough for me - tomorrow I want black caviar. In short, 3 BTC, for me this is the limit from which relative financial security begins.
Title: Re: How much btc do you need to secure your future? Post by: Oilacris on April 28, 2021, 10:15:30 PM Hello everybody. It is probably useless to talk about how much money will be required for security in the future, since bitcoin is also the equivalent of the money supply. Everyone has their own limit, but whoever will work how much will earn. We are all selfish to some degree. There is no definite safe well-being for my inner consciousness - today a roof over my head and a crust of bread is enough for me - tomorrow I want black caviar. In short, 3 BTC, for me this is the limit from which relative financial security begins. As a human being and been naturally have that greediness inside then i dont really believe for such limit because if people could able to accumulate more then those numbers would be a bit nonsense.People would ask for more since they do know that if they do have lots of money they can do all they want, without minding in the talks about being sufficient amount for them to live or secure out their future. Im not generalizing since there are people who do mind well and not being too greedy but i doubt that most people would really be having this kind of behavior. The more the better or the more the merrier.Sky is the limit as long you could able to accumulate then people would surely do it no matter what. Title: Re: How much btc do you need to secure your future? Post by: blockman on April 28, 2021, 11:01:46 PM Around ten BitCoin would be OK 10 BTC these times is hard to get on. If you're going to buy that at the current price, you need half a million dollars. But sure that's a big amount and that's enough to secure the future of your life.If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat. ;D Or maybe I would continue to HODL for a little more time depending on the movements of the price. You sell half and enjoy the cash while keep holding the half.Title: Re: How much btc do you need to secure your future? Post by: tanjiran on April 28, 2021, 11:31:34 PM Hello everybody. It is probably useless to talk about how much money will be required for security in the future, since bitcoin is also the equivalent of the money supply. Everyone has their own limit, but whoever will work how much will earn. We are all selfish to some degree. There is no definite safe well-being for my inner consciousness - today a roof over my head and a crust of bread is enough for me - tomorrow I want black caviar. In short, 3 BTC, for me this is the limit from which relative financial security begins. agree. Moreover, the price of the BTC continues to change, and if you talk about nominal it is very relative, every person's needs are different, so this discussion will never end.Do you still remember the history of Pizza Day? How much BTC used at that time would be very sufficient to meet the current needs even for inheritance too. It is better for us to focus on choosing the strategy that best suits their respective needs, will be very effective for the long term. I plan to continue buying BTC with the DCA system. Title: Re: How much btc do you need to secure your future? Post by: Nanda Dewi277 on April 28, 2021, 11:42:27 PM Sometimes, we will never feel enough with the amount of BTC that we own.
For example, if At this time, I said that it is enough to only own 1BTC, but if it is true, I will probably not feel enough with that 1 BTC, I will of course want more and more. Fortunately, I live in Indonesia, where I can still find many things at affordable prices, so it is not a really high problem if only having a small BTC, feel realized. Title: Re: How much btc do you need to secure your future? Post by: Henrobakkara on April 29, 2021, 03:10:43 AM I do feel that there is a number of Bitcoin you can hodl where you will begin tom feel yes the future is secure but I dont think 1 is that number for me. We do also understand how humans operate, always wanting more and like op said, depending on age too can influence your needs resulting to more demands however, 5+ Bitcoins to me just means I might not work a lot any more but just to live off my investments.
Title: Re: How much btc do you need to secure your future? Post by: Teslon on April 29, 2021, 05:56:51 AM 10 Bitcoin is enough For Future for me about everyone I don't think 😅 after 10 year bitcoin will be 10x from now
Title: Re: How much btc do you need to secure your future? Post by: mmhaimhai on April 29, 2021, 06:14:28 AM For me, no amount of bitcoin is enough to secure future. Though as what's happening now that somehow make bitcoin stable in long run, we can't still deny that there is still a chance for bitcoin to fall. Lucky, if after bitcoin crash a huge percentage the person who buy bitcoin as retirement fund can wait until bitcoin recover and raise again but what if not? Bitcoin is a great investment but just like most investment crypto or not the profitability pecentage is not always 100%.
Title: Re: How much btc do you need to secure your future? Post by: xceltoken_plus on April 29, 2021, 06:16:27 AM Numerous researchers say that it is best to own at least 0.0025 BTC as its price is expected to go up in the future. As time progresses, the popularity of cryptocurrencies, such as BTC, is expected to rise rapidly. The number of retail and institutional investors purchasing BTC is rising rapidly.
Title: Re: How much btc do you need to secure your future? Post by: rodskee on April 29, 2021, 06:42:46 AM For me, no amount of bitcoin is enough to secure future. Though as what's happening now that somehow make bitcoin stable in long run, we can't still deny that there is still a chance for bitcoin to fall. Lucky, if after bitcoin crash a huge percentage the person who buy bitcoin as retirement fund can wait until bitcoin recover and raise again but what if not? Bitcoin is a great investment but just like most investment crypto or not the profitability pecentage is not always 100%. no Amount of Bitcoin ? or you just cannot achieve that amount for your future that's why this is why you acted like this. because how come that you cannot compute how much you need for your future ? I can easily say that 20 bitcoin for this 55,000$ value is more than enough to make my future and my family brighter because i will not use this just for holding instead i will find businesses to established our life more than just keeping holding in this volatile market. that's how it works and that is how OP asking us and not just your deepest regret in life. Title: Re: How much btc do you need to secure your future? Post by: electronicash on April 29, 2021, 06:57:30 AM For me, no amount of bitcoin is enough to secure future. Though as what's happening now that somehow make bitcoin stable in long run, we can't still deny that there is still a chance for bitcoin to fall. Lucky, if after bitcoin crash a huge percentage the person who buy bitcoin as retirement fund can wait until bitcoin recover and raise again but what if not? Bitcoin is a great investment but just like most investment crypto or not the profitability pecentage is not always 100%. no Amount of Bitcoin ? or you just cannot achieve that amount for your future that's why this is why you acted like this. because how come that you cannot compute how much you need for your future ? I can easily say that 20 bitcoin for this 55,000$ value is more than enough to make my future and my family brighter because i will not use this just for holding instead i will find businesses to established our life more than just keeping holding in this volatile market. that's how it works and that is how OP asking us and not just your deepest regret in life. you can say that for now but when the prices of the daily needs go up as well you wouldn't be able to buy a decent house with 1BTC next year. everything is going to be inflating in the next few years so that 20BTC might not really be enough. and you don't know yet what will happen in the future. 20BTC is valuable of course but you can easily spend it all in a day actually. a kidney stone surgery or something similar is something to deal when you get old. Title: Re: How much btc do you need to secure your future? Post by: masphie on April 29, 2021, 09:11:05 AM Talk about future...
What is certain is that every country will not have the same level of needs. In my country, spending 5 million per month is a lot. So, for the next 10 years, I only need 600 million for living expenses. Adding other needs, I rounded it up to 3 bitcoins Title: Re: How much btc do you need to secure your future? Post by: MrcMrc on April 29, 2021, 09:49:00 AM The economy around individuals determines the amount of Bitcoin that will be enough like the ops said if you leave in an expensive place your bills are higher than the average guy in a low economy.
To me personally will need around 11 Bitcoin to be ok and start up with. Title: Re: How much btc do you need to secure your future? Post by: Pamadar on April 29, 2021, 10:08:40 AM Talk about future... What is certain is that every country will not have the same level of needs. In my country, spending 5 million per month is a lot. So, for the next 10 years, I only need 600 million for living expenses. Adding other needs, I rounded it up to 3 bitcoins And also consider what might be the value of Bitcoin when that future comes? We don't have any specific aside from our own target, and like what most of the replied said it depends from where a person lives and how the economy of that certain places, third world countries have a much lesser needs that those who lives from the first class places. The answer ain't be correct as there are many factors that affects this concern. Title: Re: How much btc do you need to secure your future? Post by: bosede1 on April 29, 2021, 01:54:59 PM For me to secure my future and for what bitcoin is going to worth I will be going for 1bitcoin for now. And this is because I am not solely depending on Bitcoin as a means of securement.
Title: Re: How much btc do you need to secure your future? Post by: Zanab247 on April 29, 2021, 02:09:17 PM With what we saw during the pandemic will make me to want more of bitcoin to secure my future. In my country, food items increased every day, I think 2 BTC will help me to secure my future with the experience I got from investment.
Title: Re: How much btc do you need to secure your future? Post by: Blitzboy on April 29, 2021, 02:13:33 PM I guess it is depended on personal desire. There are people who are fine with 10 bitcoin but others want more and more so even 50 bitcoins are not enough for them.
To me, 10 bitcoin is not enough because I can see the bright future and the potential prosperity. RIght now, I only have around 1.2 bitcoin. I have been allocated 40% of my salaries for bitcoin for more than 2 years but living in a third world country does not give me a good income to buy more bitcoin. Title: Re: How much btc do you need to secure your future? Post by: jasonjm on April 29, 2021, 02:27:56 PM I think that depend upon the time period you are thinking. If you are thinking about 5 to 10 years from now than I think 5 BTC are enough for you because you can easily imagine the price of BTC in next 5 to 10 years. The amount will be enough for you to enjoy the rest of your life free of any financial insecurity.
Title: Re: How much btc do you need to secure your future? Post by: Kamarah on April 29, 2021, 02:35:21 PM From those countries, more than 10 would be the ideal for them. The more bitcoin's that they hold and accumulate overtime, the better and more secure future that they have. But what if after 10 years bitcoin's price got into half to a million dollars? I think of retirement but there are more Bitcoin as possible. That's good for your future. It is also a way to store money to use it later. It is like you say that Bitcoin increases many times. That's what I'm dreaming! I am trying to earn a lot of money to be able to hold Bitcoin in my hand.Then obtaining 1 bitcoin as always been suggested would be good. But if you can acquire as much as you can for retirement, do yourself a favor. Title: Re: How much btc do you need to secure your future? Post by: Cvetik56 on April 29, 2021, 02:38:52 PM Well it depends on what future you're talking about. I think in near 10-15 years 5-10 BTC would be great. But in 50 years you'll need to invest in something new instead of BTC. And consider good altcoins too now.
Title: Re: How much btc do you need to secure your future? Post by: Swopon on April 29, 2021, 04:53:34 PM It will vary person to person and their choice, desire for their security of life. By the way, I am from third world country and if I get chance to go abroad with citizenship for first world country, I won't miss that chance. Then my desire will be changed as well. For third world country, maybe 10Btc will not be enough for lifetime security. It may costs slightly but the amount need to be doubled or tripled for living in first world country.
Title: Re: How much btc do you need to secure your future? Post by: Willitivity on April 29, 2021, 08:08:27 PM Sometimes, we will never feel enough with the amount of BTC that we own. For example, if At this time, I said that it is enough to only own 1BTC, but if it is true, I will probably not feel enough with that 1 BTC, I will of course want more and more. Fortunately, I live in Indonesia, where I can still find many things at affordable prices, so it is not a really high problem if only having a small BTC, feel realized. It's not just you. That's the human nature. No amount is ever enough. We just Continue to need more. Why so? I believe that it is because we end up spending the funds we have at hand and our needs are always there and can only be fulfilled temporarily. So there's always a desire to keep getting more money for things we need. Talk about future... What is certain is that every country will not have the same level of needs. In my country, spending 5 million per month is a lot. So, for the next 10 years, I only need 600 million for living expenses. Adding other needs, I rounded it up to 3 bitcoins Don't forget that as you get more money, your standard of living gets upgraded and you will keep needing more funds to flow in to cover for your expenses. Title: Re: How much btc do you need to secure your future? Post by: Traderbtcc on April 29, 2021, 09:30:54 PM And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? Indeed there are so many people who dream of owning one bitcoin now, I'm included and I can't deny the fact that back then it was much easier to own 1 bitcoin unlike now that the price is high.Anyway back to the question I don't know if owning 5 or 10 bitcoin will be okay for the future, cause I think it totally depends on what price bitcoin will be trading at by then, if the price of bitcoin dips to $10k (which is unlikely to happen) then 5 bitcoin alone isn't enough, but 10 bitcoin could be okay since it will be about $100k maybe you can start up something with 20% of the money, but if bitcoin will be trading above $50k like it is now, then even 5 bitcoin can secure a future for you and your family. Title: Re: How much btc do you need to secure your future? Post by: ShowOff on April 29, 2021, 10:13:20 PM The more bitcoin we have, the greater the chance for us to secure the future, but of course if you have a number of bitcoins that you buy cheaply. I think the amount will be relative depending on the quality of life and the desire to be achieved. I will not be able to hold my bitcoin at the current price any longer if the correction continues. For me personally, I would be very confused about how many bitcoin I need to secure the future.
Title: Re: How much btc do you need to secure your future? Post by: sulendra12 on April 29, 2021, 10:59:44 PM We can't say X amount of BTC is enough due to how price and market works.
But for me personally, as long as my financial situation is really good without any hassle and then I can say it's good for my future. Let's say you need 5 BTC. But due to how greedy you are, you may think that 5 BTC is not enough for your future and you want more which is really bad habit. I would personally say any amount of savings are really beneficial for your future. Title: Re: How much btc do you need to secure your future? Post by: blockman on April 30, 2021, 09:06:44 PM We can't say X amount of BTC is enough due to how price and market works. It's not about greediness I think but about your lifestyle and the cost of living in the country that you live. That's a big factor for those who are aiming for a higher amount of bitcoin for their retirement.But for me personally, as long as my financial situation is really good without any hassle and then I can say it's good for my future. Let's say you need 5 BTC. But due to how greedy you are, you may think that 5 BTC is not enough for your future and you want more which is really bad habit. I would personally say any amount of savings are really beneficial for your future. That's why those who have low key lifestyle and are living in a low cost of living country, they are happy whatever they've got and it's even better if they got more. Title: Re: How much btc do you need to secure your future? Post by: Mahanton on April 30, 2021, 09:19:23 PM We can't say X amount of BTC is enough due to how price and market works. It's not about greediness I think but about your lifestyle and the cost of living in the country that you live. That's a big factor for those who are aiming for a higher amount of bitcoin for their retirement.But for me personally, as long as my financial situation is really good without any hassle and then I can say it's good for my future. Let's say you need 5 BTC. But due to how greedy you are, you may think that 5 BTC is not enough for your future and you want more which is really bad habit. I would personally say any amount of savings are really beneficial for your future. That's why those who have low key lifestyle and are living in a low cost of living country, they are happy whatever they've got and it's even better if they got more. Of course we would really be aiming for the best as we can and we would aim for more.Im not saying as a whole or generally but there are still people who arent really that affected much by their greed and do still continue to live in a simple life or into those things that theyve been get used into.Its just having some minimal improvement in terms of lifestyle but doesnt really affect much when it comes to personal behavior. Title: Re: How much btc do you need to secure your future? Post by: Broke@$$Joe on April 30, 2021, 10:52:39 PM I don't need much maaaan .. it's just that,
I'm in desperate need for owning 25.000.000 SATS up to 100.000.000 SATS in perspective of LONG TERM HODLING, at least for a Decade while those who were early in price terms are in need of Lambos and lavish lifestyle and they are so Greedy to not help a brother out! I need 0.25 up to 1 BTC to HODL for a Decade, while remaining on this lengthed time span a Slave to the Wicked Monetary System while Selling my time working more than 9-5 for a pathetic ANNUAL SALARY of 2.000$ up to 3.000$, where saving half of that it's called 'mission impossible'. It's a shame how lower to the depth of Hell we as species have come to dude! Full of Envy, Greed and BlackHearted. I can not imagine my self being on the position of someone who OWNS at least 5 BTC[which can swing trade peaks and double up on position]not sharing 0.25 with a stranger like me who believes on Bitcoin and his mission is to HODL and not trying to scam anyone, just so this person can be FREE one day from Bitcoin since it was it's only Mission. Giving FREEDOM to our DUMBASSES and WAKING US UP to how DIRTY, EVIL and Crooked the 'game' of Monetary System really is. However, I have already lost faith in humanity and I'm not expecting any HERO to give me an arm and LIFT ME UP from this MISERY I'm in. I came to late in price terms to find out about Bitcoin, but already went all in with what I had as lifesavings after purchasing a Cold Storage. I've done x3> so far, but what I own (1/10 of a fraction) will never be enough to free me in a decade, even if BTC hits 1.000.000$ by that time (which I frimly believe so but inflation would be rising also) I'am destinied to suffer, I feel BLESSED and CURSED findinf out about Bitcoin! Before, I had no clue of how money works and everything else, so it WOKE ME UP, so I'm appreciative to consider it a Blessing. The curse is that, I come from a third world coutnry, had a bad adolescent which result nowday to having an record and finding being employed ten times harder than the average uneducated person. I'll be turning 25 in months, and have not achieved anything but fullfill my Character and Dignity. I'm Trustworthy, Loyal, Respectful and I try to help who I can to my utmost effort. Unfortunately, I went through a LOT to be who I am today. So much people DON'T HAVE A SINGLE CUE what some go through, to become A MAN. And many, will die without never being one, be it a multi-millionaire who is sorrounded by fake Respect, be it someone who is really Succesful on a niche. I never was into Internet before 2016-2017, since we had no Personal Desktop education within our broken Post-Communism System for 3 decades now. Have I had found Bitcoin through 2015-2016 I'd certainly own a WHOLE ONE today, sleeping at ease at nights. However, I've been unemployed since Covid Breakout. So many jobs that will never come back here are shut down FOREVER, and I have a slim chance on getting on due to my record. I have no path to overcome my burden, but praying for a Better Day. Since I lost my job without receiving any stimulus here, I've been taking early morning walks, reading books, learning about Trading, Exploring Bitcoin, and have Experienced living FREE at least, even tho I'm DIRT BROKE with my HEAD DOWN. I don't know bro, World seems a f*cked up place to me, at times I wish I never was Part of this God Damn Earth. Or at least, I would've asked to be an Eagle and be free Flying HIGH on another realm. I refuse to BELIEVE that no-one will be willing to help me out, but unfortunately so far nobody has taken me seriouslly and that's why I have my hopes shadowed in humanity. It's just unfair to some, how much the Power of 1 Bitcoin can do to their lifes. Wish I had a Bag full of Bitcoin, my only mission would be searching people the likes of me, who are passionate about BTC. However, I'll stick to my plan no matter what. I'm learning and growing everyday of my life since last year, even tho' it is a DISASTER FINANCIALLY. I've been living on Beans and thanks God for that, cooking a huge pot to last me 3-4 days of a Week. But there are worse than me so I won't complain to be honest. I'll get there one day, sooner or later. It's just, I consider half of my life GONE so far, not many people are Blessed to live until 50 up to 60, and I'll be 25 in a short time. Wished someone changed my life, that's all I need from Bitcoin Community, who is full of Bitcoin Maximalists, without a DOUBT. If anyone has a TradingviewAccount you are pleased to follow me here : https://www.tradingview.com/u/BitcoinAffection/ I'm happy for the knowledge I've gained within the last year regarding trading and TA, even tho' It's just my beginning and hopefully I'll get better. If anyone of you who happens to read this till so far, I APPRECIATE IT <3 And if anyone of You happens to be a good Chess Player, send me an challenge at https://www.chess.com/member/bitcoinaffection And if anyone of you who read this and have the ability to share his/her abundance, please do! I will forever be appreciative and I will CERTAINLY PAY U BACK with the same amount of Bitcoin, even if tomorrow it hits 1.000.000$ As Joker said: ' It's not ABOUT THE MONEY, IT'S ABOUT, SENDING A MESSAGE' Peace and Love for everyone Spread joy ! Title: Re: How much btc do you need to secure your future? Post by: helevela on April 30, 2021, 11:56:39 PM we are investors. and the investor calculates what will happen in the future just as he thinks the current price. Considering the current price, the number of bitcoins that I think to guarantee my future is even less than 10. However, if the price of bitcoin increases in the future, it will be a surprise gain for me.
Title: Re: How much btc do you need to secure your future? Post by: uneng on May 01, 2021, 03:17:08 AM It's hard to evaluate how many bitcoins people need to secure their future, because the reality of each country is very different from each other. I think the question should be how many minimum wages do you need monthly, and how much is the minimum wage in your country. So we could calculate accurately how many bitcoins are necessary to generate that amount of money monthly through a passive income investment.
I think the investment idea is the best approach, so you don't sacrifice your coins along your lifetime, keeping the initial btcs intact, only spending the interest income it creates every month. Title: Re: How much btc do you need to secure your future? Post by: malikg18 on May 01, 2021, 06:56:47 AM It depends upon every person every country different.Every country has its own comparison with Dollar.AS long as me concern If there would be 10 Btc ,then these are enough for me for my best future.
Title: Re: How much btc do you need to secure your future? Post by: alexforneus on May 01, 2021, 07:22:12 AM How people could answer this question if no one knows btc price next month?
Title: Re: How much btc do you need to secure your future? Post by: Ebede on May 01, 2021, 07:30:22 AM No amount of Bitcoin we have can be satisfy to us now because humans don't be satisfy with things around us, Bitcoin is something we have and we will keep on having it till infinity, securing future is through our initial obligation and our target to execute our objectives in life, looking for like the aggregate of Bitcoin that will accompany to secure future from me it's not right and it can't be predicted because someone can have one Bitcoin and becomes successful while another can have such and become unsuccessful, it depends on the plans.
Title: Re: How much btc do you need to secure your future? Post by: Alucard1 on May 01, 2021, 07:34:50 AM To my way of thinking, it is pointless to think of a particular amount you need to have to secure your future. In essence, we don't need bitcoins, we need things we can buy with our money. The more money we have, the more money we spend on things we probably don't even need. We start buying more expensive and elite food, cars, houses. Some people start buying more alcohol, drugs, other harmful things thus reducing the quality of life. Buying all these unnecessary and dangerous things you are not going to secure your future, you will rather make it less bright. Yeah, he is talking that way, how much bitcoin we need to secure our future and bitcoin is also money don't make things different, the more bitcoin we have then the more money we have as well, those amount of bitcoin that can make us buy our own house buy a car and build business is enough to secure our future, but still, we can't conclude too early because there are still many things that can happen in the future.Title: Re: How much btc do you need to secure your future? Post by: Woodie on May 01, 2021, 08:15:48 AM When bitcoin was priced low the idea was to target holding 21 bitcoins as supply is fixed which would guarantee demand and with time price would soar.
Now that price is high maybe half the intended 21 bitcoins should be sufficient but with current price this target will be out of reach for many, maybe investing in some alts and hope for the best. Title: Re: How much btc do you need to secure your future? Post by: big kid on May 01, 2021, 08:33:49 AM Yeah i guess about 7-10. At least i think so for myself. But i don't keep all investments in BTC. I neither should you.
Title: Re: How much btc do you need to secure your future? Post by: ropyu1978 on May 01, 2021, 05:16:34 PM Everyone wants to be rich and want to have what they want, and be able to make their family happy, happy life is the goal, poor life is not an option, you can ask how much btc do you need to secure the future ?? in my opinion, maybe 10 btc it's enough to secure my life for the next 15 years ,, but the problem is 1 btc can cost 25k ...
Quite a difficult decision ... Title: Re: How much btc do you need to secure your future? Post by: Sihab76 on May 01, 2021, 07:44:13 PM Yeah i guess about 7-10. At least i think so for myself. But i don't keep all investments in BTC. I neither should you. It's depends on men's personality and lifestyles. If he would be luxurious lifestyles he would need more bitcoin to safe and secure his future. But I think I would manage my future within 5 bitcoin according to recent market.Title: Re: How much btc do you need to secure your future? Post by: Rkss4 on May 01, 2021, 09:50:43 PM Oh what's a excellent question!! I have only two daughters and single wife so I need only a potential amounts to secure my future safety. I already researved more than 10000$ I my Binance personal exchange wallet.
Title: Re: How much btc do you need to secure your future? Post by: dimonstration on May 01, 2021, 09:57:00 PM Everyone wants to be rich and want to have what they want, and be able to make their family happy, happy life is the goal, poor life is not an option, you can ask how much btc do you need to secure the future ?? in my opinion, maybe 10 btc it's enough to secure my life for the next 15 years ,, but the problem is 1 btc can cost 25k ... The bills and cost of living went highbeach year. We will know how much we will need depending on our expenses and what we want to acquire in the future. We can predict how much it can be in BTC since the price is too volatile we just need to save more and work to acquire more BTC or investment that we can depend on in the near future for our retirement. Quite a difficult decision ... Title: Re: How much btc do you need to secure your future? Post by: Issa56 on May 01, 2021, 10:33:33 PM I believe there is no specific amount of bitcoin you need to secure your future the amount of bitcoin you can buy and hold depends on the kind of your lifestyle and the amount you are having currently, if you are the type that really like luxury life definitely the amount you will be need will be more higher than if you are the type that leave normal lifestyle. But the must important thing is that make sure you bag as much as possible bitcoin you know you can afford currently and your future is secured already.
Title: Re: How much btc do you need to secure your future? Post by: CoinFoxs on May 01, 2021, 11:04:23 PM Bitcoin is not stable and there are fluctuations in bitcoin’s price on daily basis if you really want to secure your then earn in bitcoins and make physical investments in your country in the businesses that you think have market gap and will give you handsome income at the end of month. Hold bitcoins as well because after 10 days bitcoin will be at 100x price.
Title: Re: How much btc do you need to secure your future? Post by: blockman on May 01, 2021, 11:26:37 PM We can't say X amount of BTC is enough due to how price and market works. It's not about greediness I think but about your lifestyle and the cost of living in the country that you live. That's a big factor for those who are aiming for a higher amount of bitcoin for their retirement.But for me personally, as long as my financial situation is really good without any hassle and then I can say it's good for my future. Let's say you need 5 BTC. But due to how greedy you are, you may think that 5 BTC is not enough for your future and you want more which is really bad habit. I would personally say any amount of savings are really beneficial for your future. That's why those who have low key lifestyle and are living in a low cost of living country, they are happy whatever they've got and it's even better if they got more. Of course we would really be aiming for the best as we can and we would aim for more.Im not saying as a whole or generally but there are still people who arent really that affected much by their greed and do still continue to live in a simple life or into those things that theyve been get used into.Its just having some minimal improvement in terms of lifestyle but doesnt really affect much when it comes to personal behavior. There were retirees that have lost a lot because they haven't controlled themselves and thought that they still got a lot of money because they carelessly spent their money for having a lavish life. Title: Re: How much btc do you need to secure your future? Post by: EiKaGlaShPriSAThWEl on May 02, 2021, 07:21:35 AM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. This is obviously true. I lived in a province wherein I can buy food with a cheap amount compare to the city. But the reality is we are having an inflation. The amount if $10 today cannot buy the same thing $10 can buy five(5) years or ten(10) years after. My needs also changes especially if I already have my own family to raise. I know bitcoin price rises like how my expenses rises but considering that Bitcoin price also goes down and nobody can actually tell when it will pump or how fast it can rise I cannot be so sure. Due to that I know I cannot directly answer how much bitcoin is exactly I need to secure my future. Expect the unexpected better to keep on earning bitcoin than sorry because you make yourself believe that 10 bitcoin (assume) can already secure your future. Title: Re: How much btc do you need to secure your future? Post by: Alucard1 on May 02, 2021, 11:30:16 AM Oh what's a excellent question!! I have only two daughters and single wife so I need only a potential amounts to secure my future safety. I already reserved more than 10000$ I my Binance personal exchange wallet. $10000 is not enough money to secure our future but that is already a good start for investing, it is better as well if we ate still going to work hard and keep on earning more money when talking about your future $10000 isn't enough maybe around $100k that is already good to start a big business and have your house and lot.Title: Is there a specific amount of Bitcoins to maintain and secure wealth? Post by: jorongo on May 02, 2021, 11:48:38 AM Reddit users joked that there are 2 Bitcoin clubs. The first is the "21_million_club", which is suitable for members who have 2 or more BTC. Its name originated because there will be 21 m bitcoins. Therefore, the club can only have a maximum of 21 million members. - Another-club is called "1 Million Club". The requirement to become a member is that the user owns 21 BTC Title: Re: How much btc do you need to secure your future? Post by: btc78 on May 02, 2021, 12:22:07 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. Exactly , because younger generation has tons of luxurious living in Mind while the older one is readying their funds for Medication and healthy Living ;) Quote I always felt the number had to been minimum 10 if you asked me this years ago. But now with news articles and videos saying btc true value is somewhere in the 300-400k range... well that 10 btc number certainly is a bit high. I guess the number probably is minimum 5? Then again you hear old videos where people say... just make sure you have just 1 bitcoin...as that is enough. Thus if it goes to 1 million dollars... well that is a lot of money. Even after taxes, that is a lot. But when people say its half a million or a million, well then that number could drop to say 2 or even 3. Even if the price of bitcoin stays in average of 30-40k yet 10 btc will be a huge amount in my country and enough for me to have a decent living till i retiire.Quote And i see many people on this forum talk about not having 1 btc and its their goal to get 1 btc. Obviously back then, it was much easier with the low prices. But now... anyone who wants 1 btc need to spend 25k... thats a ton of money for most people and most people don't even have that in their savings. But for someone who is from the West... thus in the US or Canada... what number would you say that should be? Of course it could be in a wealthy country in say Asia, Europe or Australia. But you get my point. I got to assume if you talking about 10 years down the road or more... it has to be minimum 5? Or minimum 10? Or is 10 a bit too high? If we only knew this will come? i rather not spend all my Signature payments for more than 3 years now and that will worth more than 2 bitcoins Title: Re: How much btc do you need to secure your future? Post by: akm3535 on May 02, 2021, 10:28:23 PM Everyone's eyes are too high to retire in the crypto money market. In the past, maybe there are not many investors with such a high target. But in recent years, the sudden and unexpected spikes in the cryptocurrency market and the record-breaking record-breaking, has pushed people to be greedy. Since people are greedy, they have even raised their old targets at least 2 times now. Since I think the price of bitcoin will rise a lot, even 5 bitcoin is enough for me.
Title: Re: How much btc do you need to secure your future? Post by: NeverSop on May 02, 2021, 10:54:39 PM With a student and struggling to live in the covid19 era. I am a progressive and independent person, I only need 3BTC to maintain and ensure studying and living during the 19 covid period until I graduate. Humans do not need to be too greedy, it will make us fall short.
Title: Re: How much btc do you need to secure your future? Post by: cabron on May 02, 2021, 10:56:04 PM Everyone's eyes are too high to retire in the crypto money market. In the past, maybe there are not many investors with such a high target. But in recent years, the sudden and unexpected spikes in the cryptocurrency market and the record-breaking record-breaking, has pushed people to be greedy. Since people are greedy, they have even raised their old targets at least 2 times now. Since I think the price of bitcoin will rise a lot, even 5 bitcoin is enough for me. Well, it's what we are, we always want more as your needs grow. when now you just have a simple toyota sedan, tomorrow you will want to have a Bentley to win a sexy beautiful girl living next door and the way to do it is to have more money, more BTC on your wallet. The only question is how to get more BTC, is it by trading or gambling? Title: Re: How much btc do you need to secure your future? Post by: Rruchi man on May 03, 2021, 01:01:58 AM Bitcoin is considered Currency (money) and money is associated with Numbers, and numbers are infinite (that is, never ending). So because numbers are infinite, to give a definitive amount or range in a very fast changing world will be very misleading. To simply answer this question, you need as much btc as you can gather to secure your future.
Title: Re: How much btc do you need to secure your future? Post by: Leviathan.007 on May 03, 2021, 04:28:16 AM As much as I can hold inside my wallets ;D
It's never enough. The humans are greedy and they will never be satisfied if you had 10 BTC and for buying a new home/car/etc... you would need more to buy a more expensive and luxury house. If you had the luxury house, you would still need more to by an island. However, in the other theory, some people believe if you only own one bitcoin and save it for years, you would be a part of 1 percent of lucky people who own one bitcoin so you will be rich. Title: Re: How much btc do you need to secure your future? Post by: WillieTruman on May 28, 2021, 08:23:07 AM There are only 21 million pieces, and the global population is billions. How many can I have? Although I can live a normal life now, and I don't have a BTC.
Title: Re: How much btc do you need to secure your future? Post by: elisabetheva on May 29, 2021, 02:00:49 AM As much as I can hold inside my wallets ;D it seems that what you are saying is a true human nature that never feels that what he have is always lacking and will try to continue to fulfill its ambition so that what he have is the best, but whether he can guarantee it will be satisfying, not necessarily, all cannot be predicted.It's never enough. The humans are greedy and they will never be satisfied if you had 10 BTC and for buying a new home/car/etc... you would need more to buy a more expensive and luxury house. If you had the luxury house, you would still need more to by an island. However, in the other theory, some people believe if you only own one bitcoin and save it for years, you would be a part of 1 percent of lucky people who own one bitcoin so you will be rich. cannot conclude how much we need if possible as much as possible even though it may be unrealistic and unsatisfactory. but there are those who only have 1 bitcoin, he feels that what he gets is more than enough. don't equalize, because humans have different characters and we have to accept that reality .. Title: Re: How much btc do you need to secure your future? Post by: JaeJae1730 on May 29, 2021, 04:42:51 PM I Probably say 1 or More Bitcoin, just For example. All we know That We Are Seeking The High Peak Of the Value Of crypto. If i Had 1 Bitcoin For This Time, I will Wait For The High peak About 100k or more Dollar , this will Be Enough For Me And To My Family on the Future. You can Invest , You can Live Your life to the fullest, and Your future is secured.
Title: Re: How much btc do you need to secure your future? Post by: herurist on May 29, 2021, 05:21:03 PM maybe 10 or more will be more ideal in developed countries like usa or others and I think more and more will be better because it concerns the future, besides I think this is very beneficial for your life later because this is not talking to a day or two days but months or years. we really don't know what will happen in the future but at least planing from now on will be good by buying as many assets as we can so that in the future we can reap what we p
Title: Re: How much btc do you need to secure your future? Post by: jubalix on May 29, 2021, 07:01:27 PM 21 bitcoins back in 2013 ~ 2016 was the club to be in.
Title: Re: How much btc do you need to secure your future? Post by: Dadan on May 29, 2021, 08:02:23 PM With a student and struggling to live in the covid19 era. I am a progressive and independent person, I only need 3BTC to maintain and ensure studying and living during the 19 covid period until I graduate. Humans do not need to be too greedy, it will make us fall short. Humans are innately greedy. No matter how much it's described, human are greedy. I only need 5 bitcoin at the current price to secure my happy life. Living in this pandemic is hard.Also, it's very hard to get a job right now. I think you need to be all-around to get a job offer, that's why I'm looking for an online job to earn some money. Title: Re: How much btc do you need to secure your future? Post by: boyptc on May 29, 2021, 08:07:00 PM I didn't think about it. But in fact, the more bitcoins you have, the better it will be in the future. The price will definitely rise due to the shortage. You should think about it as it's very important which can determine you having a good future. Owning 1 Bitcoin will change your life in the future. As we're all leaning towards a better future and hoping that the price of bitcoin will skyrocket again, 1 Bitcoin will be a good goal of owning into these times why it's not yet crossing 6 digits. Title: Re: How much btc do you need to secure your future? Post by: DoublerHunter on May 29, 2021, 08:53:46 PM I didn't think about it. But in fact, the more bitcoins you have, the better it will be in the future. The price will definitely rise due to the shortage. You should think about it as it's very important which can determine you having a good future. Owning 1 Bitcoin will change your life in the future. As we're all leaning towards a better future and hoping that the price of bitcoin will skyrocket again, 1 Bitcoin will be a good goal of owning into these times why it's not yet crossing 6 digits. Title: Re: How much btc do you need to secure your future? Post by: noah tall on May 30, 2021, 08:45:20 AM Obviously it depend on you where you are living , what you thing how many money you need for your future and the second thing what you thing about bitcoin where bitcoin can go in the future if you thing bitcoin can hit $1m in the future and $1m is enough for you thre yes 1 btc is enough for your future, but i thing has no limit we have to collect more and more bitcoin for good future.
Title: Re: How much btc do you need to secure your future? Post by: syedakhlaque on January 01, 2022, 08:10:48 AM In my country, There are 250 to 300 bitcoin are enough to secure the future. This amount will support you to meet the necessities of life. It will also allow you to buy your own middle-class home or residence. It will also allow you to invest some money in a side business or crypto-based business. It will also enable you to bear the expenditure of your children's education etc.
Title: Re: How much btc do you need to secure your future? Post by: tulusikhlas on January 02, 2022, 12:53:30 PM As time goes by, our needs will definitely increase. Moreover, talking about numbers or values, no one can be sure how many numbers we need in the future. I think taking the time we have to invest as much bitcoin as we can afford is enough to at least guarantee our future.
Title: Re: How much btc do you need to secure your future? Post by: qwertyup23 on January 02, 2022, 02:20:04 PM This is actually an interesting question- since securing your "future" can be a difficult question to answer given the relativity of the amount of money needed in living in a particular area (e.g. first world countries vs third world countries, etc.).
As someone who lives in a third-world country, the amount of 1 BTC can garner you a very comfortable life- you can actually purchase a condominium unit in a relatively safe environment. But if the question focuses on "security in my future", I think having 20-30 BTCs can make my future very secured to the point that I can live accordingly without any hassle or inconvenience. Title: Re: How much btc do you need to secure your future? Post by: ReiMomo on January 02, 2022, 04:07:17 PM This is actually an interesting question- since securing your "future" can be a difficult question to answer given the relativity of the amount of money needed in living in a particular area (e.g. first world countries vs third world countries, etc.). As someone who lives in a third-world country, the amount of 1 BTC can garner you a very comfortable life- you can actually purchase a condominium unit in a relatively safe environment. But if the question focuses on "security in my future", I think having 20-30 BTCs can make my future very secured to the point that I can live accordingly without any hassle or inconvenience. Yup the expense value differs but when he or she wishes to stay in a country like US, UK from a country which is not developed, he or she would require minimum of 5 Btc for now which is not too much. I frankly need 2 to 3 BTC as of now and I feel thats enough. Will close off all the debts and build a house and buy a car and then will save few thousand dollars to run my life along with my regular monthly income. Title: Re: How much btc do you need to secure your future? Post by: Pamadar on January 02, 2022, 06:50:27 PM This is actually an interesting question- since securing your "future" can be a difficult question to answer given the relativity of the amount of money needed in living in a particular area (e.g. first world countries vs third world countries, etc.). As someone who lives in a third-world country, the amount of 1 BTC can garner you a very comfortable life- you can actually purchase a condominium unit in a relatively safe environment. But if the question focuses on "security in my future", I think having 20-30 BTCs can make my future very secured to the point that I can live accordingly without any hassle or inconvenience. Future ahead is not ours, But if given a chance, I also think that holding that amount of bitcoin will allow me to secure not only me but also my family. That number of holdings is good enough to make sure that me and everyone I love will live a comfortable life. We do have a different environment, but with that money converted to fiat, even you are in a first world economy you can still have good way of living. Not that luxurious, but enough to live. Title: Re: How much btc do you need to secure your future? Post by: boyptc on January 02, 2022, 10:38:56 PM The question has no answer. I think many people think about the same - the more, the calmer you can feel. There is an answer for each individual. It relies on where you live and how much the cost of living is. In the first world countries, 1 bitcoin while its price is on $47k isn't enough because cost of living there is too much. But that 1 bitcoin in some parts of the world, that would be enough for them to have a better living and can have a better start as they have that amount for a business or savings. Title: Re: How much btc do you need to secure your future? Post by: Hamphser on January 02, 2022, 10:59:38 PM The question has no answer. I think many people think about the same - the more, the calmer you can feel. There is an answer for each individual. It relies on where you live and how much the cost of living is. In the first world countries, 1 bitcoin while its price is on $47k isn't enough because cost of living there is too much. But that 1 bitcoin in some parts of the world, that would be enough for them to have a better living and can have a better start as they have that amount for a business or savings. We are naturally greedy which you could really expect these kind of decisions which is very common.this is an unlimited kind of preference for sure. Securing your future and the status of it would really vary or depends on how hard and time you do put effort on that.This isnt something that could be achieved out easily. Title: Re: How much btc do you need to secure your future? Post by: BuNga_cute on January 02, 2022, 11:33:37 PM This is actually an interesting question- since securing your "future" can be a difficult question to answer given the relativity of the amount of money needed in living in a particular area (e.g. first world countries vs third world countries, etc.). As someone who lives in a third-world country, the amount of 1 BTC can garner you a very comfortable life- you can actually purchase a condominium unit in a relatively safe environment. But if the question focuses on "security in my future", I think having 20-30 BTCs can make my future very secured to the point that I can live accordingly without any hassle or inconvenience. Yup the expense value differs but when he or she wishes to stay in a country like US, UK from a country which is not developed, he or she would require minimum of 5 Btc for now which is not too much. I frankly need 2 to 3 BTC as of now and I feel thats enough. Will close off all the debts and build a house and buy a car and then will save few thousand dollars to run my life along with my regular monthly income. Indeed the US and UK countries need more Bitcoin to secure the future, compared to third world countries which have a lower cost of living. Because I live in a country that is a third world country, I only need 1 BTC to be able to secure the future. Especially if Bitcoin reaches a price of $100k, 1 BTC can make me live a happier life. Most importantly we have no debt and do not have the wrong lifestyle. That's why I'm currently collecting Bitcoins, so I can have 1 BTC. But because in 2021 there are so many unexpected events, which forced me to sell some of my Bitcoin, so it took me much longer to get 1 BTC. But I am optimistic that I can collect 1 BTC, as long as we try hard nothing is impossible, even though I know the price of Bitcoin is getting more expensive. Title: Re: How much btc do you need to secure your future? Post by: boyptc on January 03, 2022, 12:48:59 PM The question has no answer. I think many people think about the same - the more, the calmer you can feel. There is an answer for each individual. It relies on where you live and how much the cost of living is. In the first world countries, 1 bitcoin while its price is on $47k isn't enough because cost of living there is too much. But that 1 bitcoin in some parts of the world, that would be enough for them to have a better living and can have a better start as they have that amount for a business or savings. We are naturally greedy which you could really expect these kind of decisions which is very common.this is an unlimited kind of preference for sure. Securing your future and the status of it would really vary or depends on how hard and time you do put effort on that.This isnt something that could be achieved out easily. Unless you're already good with what you have. The security of our future depends on how wise we are with our investments and being hard working isn't enough. Title: Re: How much btc do you need to secure your future? Post by: Sirait on January 03, 2022, 04:06:08 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I already have a calculation that only 2 bitcoins (at the current price rate) should make my life comfortable for the next 60 years. In my city, actually the price of basic necessities is not too high when compared to cities in Singapore or Las Vegas, so I'm quite grateful to be born in a country that doesn't make my life burden high lol.Title: Re: How much btc do you need to secure your future? Post by: Imran232 on January 03, 2022, 05:49:52 PM ............................................... I hope now you get your answer. Truely, time is the answer. Now come to your topic, how much should I hold to secure my future. In that case, it depends on two things: first, in the future, where you want to see yourself, and second, how much you can afford to hold now. Whatever amount you invest today and hold for your future, I think 90% of the people will say yes, whatever position you are in right now, you will be in a better position tomorrow. That's guaranteed. Yes, it is true that it is also dependent on your location and your financial capabilities, but I believe those two factors are the most important. my opinion, others can be different. Thank you. Title: Re: How much btc do you need to secure your future? Post by: Mahanton on January 03, 2022, 11:54:02 PM Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older. I already have a calculation that only 2 bitcoins (at the current price rate) should make my life comfortable for the next 60 years. In my city, actually the price of basic necessities is not too high when compared to cities in Singapore or Las Vegas, so I'm quite grateful to be born in a country that doesn't make my life burden high lol.Speaking of how much btc is needed then the more the better just like on what mentioned above is that people wont really be contented on what they do have now or even setting out those unrealistic ones. Its not bad to make out some wish or goals in mind but you should stick on being realistic because not all would really be that effective nor does assure that you would really be heading there. Title: Re: How much btc do you need to secure your future? Post by: Vaskiy on January 04, 2022, 11:58:11 PM As said in the first post everything depends upon the location. In my country the average wage seems to be around $700. There are people running the family of four with this amount. On such a calculation one family requires about 2BTC to lead a better life than what they've got. With time things change, and to the changing world there will be additional requirements. In specific people won't be having medical insurance and other similar stuffs, if those gets added maybe a little more will give access to better life style.
Title: Re: How much btc do you need to secure your future? Post by: xSkylarx on January 05, 2022, 01:54:39 AM As said in the first post everything depends upon the location. In my country the average wage seems to be around $700. There are people running the family of four with this amount. On such a calculation one family requires about 2BTC to lead a better life than what they've got. With time things change, and to the changing world there will be additional requirements. In specific people won't be having medical insurance and other similar stuffs, if those gets added maybe a little more will give access to better life style. Prices are rising as the year progresses, but 2-3 btc is more than enough to live in lift to the fullest.I think we are the same since owning a half of bitcoin right now makes you a millionaire in our country, and that makes you buy everything needed, but to secure your future, then 2-3btc is the best since you'll need to buy land and houses for your children and secure their education. However, you must continue to work because that amount of BTC will be depleted in the near future, and you will require a source of income to support yourself. Title: Re: How much btc do you need to secure your future? Post by: yazher on January 05, 2022, 03:21:55 AM The price also changes every year and if you are holding a huge amount today, that will suffice you for the next year to come especially when the price will gonna reach another ATH, it keeps increasing until you have more than enough bitcoins to build your fancy home. If you checked the history of its price then everything will make sense when you have enough guts to hold huge amount of bitcoins, it will really become your main successful investment in the future.
Title: Re: How much btc do you need to secure your future? Post by: rhomelmabini on January 05, 2022, 03:54:49 AM As said in the first post everything depends upon the location. In my country the average wage seems to be around $700. There are people running the family of four with this amount. On such a calculation one family requires about 2BTC to lead a better life than what they've got. With time things change, and to the changing world there will be additional requirements. In specific people won't be having medical insurance and other similar stuffs, if those gets added maybe a little more will give access to better life style. I guess that's the same as my location but getting one bitcoin is still a good thing but if bitcoin continues to rise in value that may not be achievable in a short amount of time. As for the insurance kinds of stuff, I think individuals have their choice. If they want a lifestyle that was more secure for their health or beneficiaries then insurance I guess is a must but as I said it depends on every individual taste of investments.Title: Re: How much btc do you need to secure your future? Post by: dataispower on January 05, 2022, 08:06:29 AM The price also changes every year and if you are holding a huge amount today, that will suffice you for the next year to come especially when the price will gonna reach another ATH, it keeps increasing until you have more than enough bitcoins to build your fancy home. If you checked the history of its price then everything will make sense when you have enough guts to hold huge amount of bitcoins, it will really become your main successful investment in the future. Bitcoin is like fiat money, no body will satisfied with the little they have, every one knows that keeping Bitcoin will make you to earn more money in cryptocurrency because of it interchanges between bitcoin and yearly movement in price, every one like to swap their coin with another coin for faster profit buying ATH coin, your analysis to bitcoin is appreciating because bitcoin always have new values in any year wether at the middle of the year or early of the yearTitle: Re: How much btc do you need to secure your future? Post by: passwordnow on January 05, 2022, 08:33:57 AM I already have a calculation that only 2 bitcoins (at the current price rate) should make my life comfortable for the next 60 years. In my city, actually the price of basic necessities is not too high when compared to cities in Singapore or Las Vegas, so I'm quite grateful to be born in a country that doesn't make my life burden high lol. In what country is that? The cost of living there seems to be affordable and wise if someone wants to live there comfortably. 2 BTC with its current price and living comfortably there seems cheap. It is somewhere in Asia? and are there a lot of ex-pats living there too and found that your place is one of the cheapest places to stay? If you're not a family man then there's really no burden at all but I think if you start your own family, things might change including the finances.Title: Re: How much btc do you need to secure your future? Post by: riso2015 on January 05, 2022, 08:34:48 AM chase the world as if you live forever, chase the afterlife as if we were gone tomorrow, indeed money is not everything but everything needs money, in essence what we are looking for is happiness and comfort, so it all depends on each of us, sometimes having just one coin is enough enough to make us happy, sometimes there are also already have 10 coins but they are still not satisfied, and still not happy, the point is having 5 coins for me personally is enough, but now I'm just looking for income just following the bounty only..
Title: Re: How much btc do you need to secure your future? Post by: pushups44 on January 05, 2022, 11:35:32 AM As Lark Davis said, you will probably need one bitcoin to be well-off in the future. However, just because you cannot afford one bitcoin should not deter you: you can dollar-cost average and build up your stack over time, and in this way build up your net worth.
You can also buy solid alts during bear markets and flip them to bitcoin during bull markets to speed up your acquisition of bitcoin. Title: Re: How much btc do you need to secure your future? Post by: btc78 on January 05, 2022, 12:23:42 PM As Lark Davis said, you will probably need one bitcoin to be well-off in the future. However, just because you cannot afford one bitcoin should not deter you: you can dollar-cost average and build up your stack over time, and in this way build up your net worth. if we will only compare the price of Bitcoin now then 1 bitcoin wasn't enough to secure our future though what you quoted is surely depend on how will bitcoin perform in the future.You can also buy solid alts during bear markets and flip them to bitcoin during bull markets to speed up your acquisition of bitcoin. Imagine if bitcoin rose to 1 million dollar value in the next few years then yes 1 bitcoin is enough for our future security. but the problem is what if Bitcoin downfall to 5 digits still when the time you needed the funds? this will be a lowering outcome. Title: Re: How much btc do you need to secure your future? Post by: Pahom on January 05, 2022, 03:21:56 PM As for me, I don't think about what amount of Bitcoins I want to owe, but maybe it is a good and specific goal if you know an exact number of Bitcoin you want, but personally I think about it in a little bit another manner. I just want to become financially independent, it means that all my bills and other expanses will be paid off by my passive income so apart from holding Bitcoin I need something that brings dividends.
Title: Re: How much btc do you need to secure your future? Post by: IQnawaz123 on January 06, 2022, 11:21:02 AM Bit coins change the future of the new digital world. People are crazy about digital currencies….
I think Bit coins is long term profit for digital market place. That why future of btc is always has a bright side Title: Re: How much btc do you need to secure your future? Post by: panukurap on January 06, 2022, 01:56:22 PM Considering just 1 Bitcoin is more than enough. Really fantastic value, hope one day I can actually have it in its entirety. Who doesn't want Bitcoin at least they are for the love. With Bitcoin, you may be able to become rich, it is no longer possible, but it is certain. It is inconceivable how rich those who have bitcoins are even some of them not only have 1 Bitcoin but more than 1.
Title: Re: How much btc do you need to secure your future? Post by: Bloodseekers on January 06, 2022, 03:06:03 PM if we talk about how much we need to guarantee our future it really depends on the time itself. we are talking at the moment with the current price one BTC is enough to guarantee our future if we live in a developing country. but if we live in a developed country, I think it is not enough to guarantee our future where in the developed world our needs are very high.
Title: Re: How much btc do you need to secure your future? Post by: HUSTLER on January 06, 2022, 05:14:51 PM BTC is running so faster as a mad horse and day by day its popularity it increasing at alarming rate and now big investors are trying to enter in btc world so in future it will be much more that we won't expect now. At a time we can't expect moneyless shipping and now we are experiencing moneyless shipping buy virtual bank card and at a time we will use those Crypto currency as our daily uses so let's think how much grow and popular btc in near future. So fill your bag with BTC at low rate.
Title: Re: How much btc do you need to secure your future? Post by: StLucifer on January 06, 2022, 05:16:08 PM It all depends upon the price of the bitcoin. Based on the present market price even a single bitcoin will fulfill lifetime expenses of a man in a third world country. Another thing, with one bitcoin an user can lead his entire life, but the god's grace is a must. The life should not get accompanied by body illness, because it is only thing that makes people to spend by need whereas majority do unwanted spending
Title: Re: How much btc do you need to secure your future? Post by: haasanjui on January 06, 2022, 05:24:38 PM 1 or 2 Bitcoin are needed for Change my future. Because one bitcoin is worth 9000000PKR+ in my country. And if I will get 2 BTC I will make my own business and make my future bright
Title: Re: How much btc do you need to secure your future? Post by: ranaprime on January 06, 2022, 06:55:11 PM I don't think there is anyone in this world who has contented what he or she has. However, since it has been said how much bitcon i need to secure my future or i will be satisfied for the future. It is difficult to say how many bitcons are needed. I can't guess. It may be unimaginable to give a specific bell. Even if it is less, it will not secure the future. So it is very difficult to specification.
Title: Re: How much btc do you need to secure your future? Post by: carlfebz2 on January 06, 2022, 08:41:50 PM To be honest, the question is not the most accurate one. It should be understood that the price of bitcoin changes quite often. For this reason, it is quite difficult to say for sure. But since its been asked then make use of the current value of Bitcoin at the moment which i do consider that most of the time it would really be sufficient for someone on securing themselves from 5-10 bitcoins but this would actually vary on where someone do live because we know that there are first worlds to third world which means that monetary value condition will always vary. Asking out on how much btc we do need? The more the better and there would be no accurate numbers on here. |