helevela
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April 30, 2021, 11:56:39 PM |
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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.
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uneng
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May 01, 2021, 03:17:08 AM |
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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.
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malikg18
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May 01, 2021, 06:56:47 AM |
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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.
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alexforneus
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May 01, 2021, 07:22:12 AM |
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How people could answer this question if no one knows btc price next month?
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Ebede
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May 01, 2021, 07:30:22 AM |
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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.
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Alucard1
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May 01, 2021, 07:34:50 AM |
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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.
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Woodie
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May 01, 2021, 08:15:48 AM |
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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.
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big kid
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May 01, 2021, 08:33:49 AM |
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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.
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ropyu1978
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May 01, 2021, 05:16:34 PM |
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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 ...
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Sihab76
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May 01, 2021, 07:44:13 PM |
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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.
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Rkss4
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May 01, 2021, 09:50:43 PM |
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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.
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dimonstration
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May 01, 2021, 09:57:00 PM |
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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 ...
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.
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Issa56
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May 01, 2021, 10:33:33 PM |
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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.
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CoinFoxs
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May 01, 2021, 11:04:23 PM |
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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.
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blockman
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May 01, 2021, 11:26:37 PM |
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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.
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. 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. When it comes to contentment no matter what what you country you do live in then if we do have money then its impossible for someone on not to take the lavish type of lifestyle. 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. That's not contentment if you want to live on a lavish life. That's why lifestyle is a factor when you want to retire but it's all up to you to decide depending how much money you've got until your life last with your retirement. 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.
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EiKaGlaShPriSAThWEl
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May 02, 2021, 07:21:35 AM |
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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 $10 can buy five(5) years or ten(10) years after. My needs also changes especially if I already have my own family to raise. I know bitcoin price rises like how my expenses rises but considering that Bitcoin price also goes down and nobody can actually tell when it will pump or how fast it can rise I cannot be so sure. Due to that I know I cannot directly answer how much bitcoin is exactly I need to secure my future. Expect the unexpected better to keep on earning bitcoin than sorry because you make yourself believe that 10 bitcoin (assume) can already secure your future.
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Alucard1
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May 02, 2021, 11:30:16 AM |
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Oh what's a excellent question!! I have only two daughters and single wife so I need only a potential amounts to secure my future safety. I already reserved more than 10000$ 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.
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jorongo
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May 02, 2021, 11:48:38 AM Last edit: May 02, 2021, 12:28:10 PM by jorongo |
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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
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btc78
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May 02, 2021, 12:22:07 PM |
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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 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 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. 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
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akm3535
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May 02, 2021, 10:28:23 PM |
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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.
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