How many BTC will make you a fiat millionaire in 5 years?

[Positid]

I'm going to say you'll need about 500 Bitcoins. Good Luck!

This is an acceptable quantity of bitcoins to make me call as millionaire with our local currency if the price will be as higher as $1,000. But I'm thinking for only 5 years, how I am going to collect as many bitcoin as this? I'm having trouble already for having 1 bitcoin, I can't even attain to collect a lot of it for just a month.

It's acceptable but would it be realistic enough for someone to achieve that big amount, I guess with that big amount of bitcoins to be achieve we have to work hard. We are free to wish but without an action we cannot reach to the level we are wishing. I don't think we can have that by working only, we need to risk money to make that amount of money.

[audaciousbeing]

Waiting five years is way longer than what I envisaged even as at now, with 5btc, I am already a millionaire and even a double one at that. Probably because of my the value of my currency and the low cost of living ovcer here but with that amount converted, I am already a comfortable person with no bother of basic needs of life.

[abayan]

I'm going to say you'll need about 500 Bitcoins. Good Luck!

This is an acceptable quantity of bitcoins to make me call as millionaire with our local currency if the price will be as higher as $1,000. But I'm thinking for only 5 years, how I am going to collect as many bitcoin as this? I'm having trouble already for having 1 bitcoin, I can't even attain to collect a lot of it for just a month.

It's acceptable but would it be realistic enough for someone to achieve that big amount, I guess with that big amount of bitcoins to be achieve we have to work hard. We are free to wish but without an action we cannot reach to the level we are wishing. I don't think we can have that by working only, we need to risk money to make that amount of money.

Agree ! Working on it and risking some of your money to earn profits. Working is not enough but if you invest then it could happen. Well if you invest in bitcoin way back 2010 then i could say that you are millioner right know because of its price. Lot of people are lucky now because of bitcoin

[agamasrori]

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

It is depend on the price, if bitcoin price keep go up, may be we only need less than a hundred bitcoin. But if bitcoin price up is not significant, may be we need more than a hundred bitcoin.

[CAMOPEJB]

it doesn't matter what people predict, just keep stacking until you reach the million dollar mark!
I'm hoping 10 btc does the trick but only time will tell...

[MingLee]

it doesn't matter what people predict, just keep stacking until you reach the million dollar mark!
I'm hoping 10 btc does the trick but only time will tell...

If you, along with everyone else here, gets lucky, it is quite possible that 10 BTC can make you a fiat millionaire. A lot of people would not have an issue with Bitcoin getting placed at somewhere close to $100k, and I know I wouldn't have any issue with it.

Given enough time, chances are Bitcoin will be able to hit that point. That is assuming there are no outside influencing factors that break it before then.

[Xester]

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

It is depend on the price, if bitcoin price keep go up, may be we only need less than a hundred bitcoin. But if bitcoin price up is not significant, may be we need more than a hundred bitcoin.

You are correct, the volatility of bitcoin will dictate how much value of your bitcoin in your possession. It is hard to determine if after five years you still have the same amount or value of bitcoin that you have today. So for me I am no longer targeting to hold all of my bitcoins in my wallet since if the price goes down I will suffer the depreciation in value. So to be safe I am converting to cash 3/4 of my earned bitcoins and save 1/4 of it for future use.

[X-ray]

Waiting five years is way longer than what I envisaged even as at now, with 5btc, I am already a millionaire and even a double one at that. Probably because of my the value of my currency and the low cost of living ovcer here but with that amount converted, I am already a comfortable person with no bother of basic needs of life.

you will becoming millionaire only in your country which i predict the inflation there is overwhelming that 5 bitcoin could make you rich. and that's definitely can't be called millionaire if you're talking on international forum because international forum like this are often use USD as term of millionaire or billionaire

[bitjoin]

Waiting five years is way longer than what I envisaged even as at now, with 5btc, I am already a millionaire and even a double one at that. Probably because of my the value of my currency and the low cost of living ovcer here but with that amount converted, I am already a comfortable person with no bother of basic needs of life.

5 years is nothing, most people in bitcoin are generally younger so they see hodling for 5 years as something they wont do.  In reality most people should just hold forever and spend it as bitcoin.  Market forces mean many will dump in the thousands cause they need to buy stuff to live.

[Watsuji]

I'd say 500 should be enough, given all the key technical changes go through smoothly

[traderethereum]

I'd say 500 should be enough, given all the key technical changes go through smoothly

i think for me i will say more than 1000 bitcoin and if the price is only $750 x 1000 bitcoin = $750,000 and its really a big money for me  but there is no exact amount money that could make us millionaire and only us that will know how much bitcoin that could make us rich.

[pealr12]

I'd say 500 should be enough, given all the key technical changes go through smoothly

500 still not enough to make you a fiat millionare  after 5 years. 5000btc can give you a better life even wiithout a job. Cause after 5 years the price of bitcoin  will be  tripled on that year.too early to say that thing , but my prediction can be true.

[bitjoin]

I'd say 500 should be enough, given all the key technical changes go through smoothly

500 still not enough to make you a fiat millionare  after 5 years. 5000btc can give you a better life even wiithout a job. Cause after 5 years the price of bitcoin  will be  tripled on that year.too early to say that thing , but my prediction can be true.

500 is a boat load of bitcoin, no question you will be a millionaire in fiat dollars off of that.  How many people even have 500, i doubt there is 1 person who will read this post who does.  More realistic targets for forum users on average is probably like, 10 or 21 coins. 

[izanagi narukami]

If bitcoin value is getting higher , it mean that bitcoin reach another halving
So it can't be predict precisely since bitcoin amount will got lesser and lesser. Let said if 2021 , 1000 btc is enough for being rich but in 2026 , 500 btc already made you rich enough , and keep go on

[carlisle1]

it would still be more than 1000 bitcoin and i think within five years you will be already a billionaire if ever bitcoin will still continue on increasing price but that was just a speculation I don't have any idea what will happen to bitcoins' price after five years and we don't actually know what will be the exact amount we need to have in order to be a fiat millionaire .

[dukeneptun]

it doesn't matter what people predict, just keep stacking until you reach the million dollar mark!
I'm hoping 10 btc does the trick but only time will tell...

With 10 btc if you hold long enough I promise you you'll me a millionaire. You may have to hold intop the grave but at least at some point in time them ten btc will be worth a million.

My prediction is 100K+ by 2021

[mirakal]

it doesn't matter what people predict, just keep stacking until you reach the million dollar mark!
I'm hoping 10 btc does the trick but only time will tell...

With 10 btc if you hold long enough I promise you you'll me a millionaire. You may have to hold intop the grave but at least at some point in time them ten btc will be worth a million.

My prediction is 100K+ by 2021

Such promise has no guarantee and I hope time will come that promise will not be broken. I mean, it's fine to be aggressive since we are not blind and we can see how bitcoin is very progressive this year, but putting that big amount without any reservation of failure is not a good investment traits, the basic principle is still should be followed, invest only what you can afford to lose.

[BitSat]

Its not guarantee but I am sure if someone keep 1000 bitcoins he could be millionaire in next five years because now its going to touch 1500$ and this amount can give him easily rank in millionaire

[MNDan]

Its not guarantee but I am sure if someone keep 1000 bitcoins he could be millionaire in next five years because now its going to touch 1500$ and this amount can give him easily rank in millionaire

LOL replace 1000 with 100 and 1500$ with $15000 and u might be right. $1500 will be breached within a year no doubt at all...

[icecube45]

Maybe I do not know for sure how bitcoin to be able to make me a millionaire because bitcoin prices continue to fluctuate. Perhaps to make me a millionaire in a year requires 100 bitcoin more. I hope the next 5 years the price of bitcoin is very good so that I could be a millionaire because if prices continue to rise bitcoin will be very easy to become a millionaire