Expecto
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March 16, 2021, 09:25:18 AM |
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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. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Reatim
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March 16, 2021, 10:56:29 AM |
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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 ?
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cheezcarls
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March 17, 2021, 10:59:18 AM |
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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.
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Kittygalore
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March 17, 2021, 11:31:25 AM |
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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.
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mezzaluna
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March 17, 2021, 11:38:51 AM |
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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 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 ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) 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.
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conected
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March 17, 2021, 12:58:37 PM |
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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.
- 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 greed
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OscarDavidson
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March 17, 2021, 03:47:21 PM |
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I'd like to have as much BTC as Microstrategy has got after investing 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.
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BaeSuzy
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March 27, 2021, 10:57:56 PM |
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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.
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rosebrand
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March 28, 2021, 11:27:03 AM |
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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.
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FIFA worldcup
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March 28, 2021, 11:46:05 AM |
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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.
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DevilSlayer
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March 28, 2021, 12:33:51 PM |
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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.
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Spaffin
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March 28, 2021, 01:50:06 PM |
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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.
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Lmaooo
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March 28, 2021, 09:46:32 PM |
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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.
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blockman
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March 28, 2021, 09:48:14 PM |
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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.
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CarnagexD
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March 28, 2021, 10:33:36 PM |
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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
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bitcoin31
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March 28, 2021, 10:42:41 PM |
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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.
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Dannaey
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April 24, 2021, 03:33:27 PM |
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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.
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Alucard1
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April 24, 2021, 03:47:40 PM |
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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.
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caelangilbert
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April 24, 2021, 05:43:56 PM |
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just hold 1 bitcoin and wait for 5 years
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Jacksoon999
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April 25, 2021, 09:59:32 AM |
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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.
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