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Author Topic: How much btc do you need to secure your future?  (Read 2419 times)
UKprod
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April 25, 2021, 10:31:00 AM
 #241

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.  Cheesy

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April 25, 2021, 10:55:20 AM
 #242

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.

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April 28, 2021, 02:24:07 PM
 #243

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

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April 28, 2021, 03:06:43 PM
 #244

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.

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April 28, 2021, 03:07:26 PM
 #245

Around ten BitCoin would be OK
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April 28, 2021, 03:14:07 PM
 #246

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.

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April 28, 2021, 03:25:41 PM
 #247

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.
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April 28, 2021, 03:58:35 PM
 #248

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
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April 28, 2021, 04:49:19 PM
 #249

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.

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April 28, 2021, 08:29:56 PM
 #250

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.

1 BTC = 1 BTC
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April 28, 2021, 09:09:16 PM
 #251

If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat.  Grin  Or maybe I would continue to HODL for a little more time depending on the movements of the price.

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April 28, 2021, 09:23:32 PM
 #252

If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat.  Grin  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.

1 BTC = 1 BTC
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April 28, 2021, 10:11:22 PM
 #253

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.
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April 28, 2021, 10:15:30 PM
 #254

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.

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April 28, 2021, 11:01:46 PM
 #255

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.  Grin  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.

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April 28, 2021, 11:31:34 PM
 #256

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.

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April 28, 2021, 11:42:27 PM
 #257

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.

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April 29, 2021, 03:10:43 AM
 #258

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. 
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April 29, 2021, 05:56:51 AM
 #259

10 Bitcoin is enough For Future for me about everyone I don't think 😅 after 10 year bitcoin will be 10x from now
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April 29, 2021, 06:14:28 AM
 #260

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%.

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