How many BTC needed for retirement in 10 years?

[Maxre]

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

In my opinion That's not how you Define that how much BTC are needed after retirement like A simple job. I will say that there are a lot of factors to buy Bitcoin at cheaper price and than Hold Ofr long term and this long term duration will depend upon how we discuss this. And I have some key points that I will discuss about it.

1. Buy at Cheaper price as possible
2. Wait for your Target to Reach price Threshold
3. Hold for maximum Years you can hold like 10 ns 20 Years

And in this way you will get a lot of money and also a lot of profit that will be even unimaginable to you and also others too.

[MusaMohamed]

1. Buy at Cheaper price as possible

Dollar Cost Averaging DCA is good because with DCA you will not have to think at what price you will make your next purchase and you don't have wait for cheaper price. You can purchase Bitcoin gradually with DCA.

https://dcabtc.com/

2. Wait for your Target to Reach price Threshold

Taking profit is part of investment which gives you profit, better life, happiness but you should hold your bitcoin long enough to get good price to take profit at great rates. You should not take profit all bitcoins you accumulate because you will not know its future price. I don't advise you to hold your bitcoins forever and avoid taking profit but let's reserve one part of your bitcoins which you are afford to lose forever, to hold it about 20 to 30 years. Like 5% or 10% of your bitcoins.

3. Hold for maximum Years you can hold like 10 ns 20 Years

It's is my holding plan too.

[michellee]

I plan to collect as many bitcoins as possible even though it feels difficult but I'm sure I can do it. And to retire in 2032, we still have time to earn lots of bitcoins as long as we put in the effort. And the amount of bitcoins we can collect may be more than 10 BTC.

But for altcoins, I wouldn't hold on to them for too long because there is a possibility that if the price of BTC goes down, the altcoins will drop too deep. So hold altcoins for a while and sell them when the price is in the altcoin season position because that means altcoin prices will be at their peak. But for bitcoin, it's going to get even more expensive in the future. So I will focus on collecting more BTC, even though I have been doing it for a few years.

[lovesmayfamilis]

Life is so unpredictable that it is almost impossible to predict what might happen to you in 10 years. But you are right, it is necessary to prepare in advance for old age, so as not to be a burden to children, and not to be dependent on someone. But I would prefer to invest in bitcoin what I can do without now, is let there be bitcoin investments, but without fanaticism, without causing any inconvenience to today's life. Saving on everything, for the sake of the future, maybe the future respond to poor health and, accordingly, very expensive treatment. In addition, having accumulated some capital, you can always open your own business, which will work regardless of age, and make a profit.

[LogitechMouse]

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

A very subjective question I must say.

It all depends on how your lifestyle is. Are you frugal? Are you spending too much money on things you don't need? Are you a huge spender on some things? Are you a gambler? Are you a saver? Are you an investor? How much you need for retirement depends on how your lifestyle is. If you don't have any mortgages, any loans, but you do saved a lot of Bitcoins in the past then I guess 10 BTC and 100 ETH would be enough. However, if you are a big spender, have lots of loans, I'm afraid that you need more of that. Also take note that we don't know what the price of these 2 coins will be in 2032. We might see Bitcoin's price at that year still below $100,000 and Ethereum still below $2,000.

My plan? Accumulate and accumulate until I've reached the point where I don't want to accumulate anymore.

[jaberwock]

There's no concrete answer to this, because well, bitcoin's price changes over time and there's no way of telling whether it would rise up in value in the future or it will plummet to its death. But the latter is a little unbelievable if I do say so myself. In my opinion, instead of wracking your brains trying to collect as much bitcoins for your retirement when there's no assuring whether bitcoin would still even be relevant by the time you officially retire, you might wanna look into other retirement plans, a 401k looks nice nowadays and is something my friends and I will always recommend since it always ensures that you have pocket money for when you can't work anymore!

I don't think Bitcoin will die. It will only go down but to counter this, we may need to stack on many Bitcoins as possible. It will also be possible for the price to recover so we can also wait a little more before we sell our coins if we want to get the best rates. Having another back up is still recommended other than Bitcoin investing. The one that you recommend there is nice and the OP might want to check it out.

As long as we still have the capacity to work, it's better if we continue so that we will have the money to buy more Bitcoins. We shouldn't limit ourselves if how much Bitcoin we will have but we should only think that the more the merrier.

[Dr.Bitcoin_Strange]

I would say you should keep accumulating until you retire 😁.  Man is not always satisfied with money as long as there is always something generating money. 10 BTC and 100 ETH are good, but if I have the chance to accumulate, I will definitely keep accumulating until I retire. If I am able to retire with 100 BTC and 1000 ETH, then it's a good payoff for my retirement.

[virtualdn]

In 10 years one BTC may be equal to 10 today's Bitcoins in value. I'd say 2-3 BTCs will be enough for most people's retirement in 10 years. One BTC valued at $300,000 is very possible in 10 years so having $1,000,000 should be enough for anyone's retirement. I'm pretty confident BTC can reach the $1xx,xxx target in 1-2 years. After this, to the Moon!

[Stalker22]

Well, that depends on how luxurious you want your retirement to be! Do you envision a retirement filled with yachts, private jets, and caviar? In that case, I would say a lot! However, if you are happy living in a cardboard box and dining on canned beans, then maybe you will not need any BTC at all.

Jokes aside, predicting the exact amount of BTC needed for retirement in 10 years can be quite challenging, as it depends on various factors such as the volatility of the market and your personal expenses. All I can suggest that it is never too early to start saving and investing for retirement to achieve financial security and peace of mind.

[Smartprofit]

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

In my opinion, 10 bitcoins is a very large amount of money.... 

In 10 years, the capitalization of bitcoin will probably equal the capitalization of such a precious metal as gold.  Thus, the price of one bitcoin will exceed $500,000, and 10 bitcoins will cost more than $5,000,000 (and these are the most conservative estimates). 

This is a very solid capital for a person who no longer wants to work and wants to retire, buy a property by the sea, travel a lot, play sports and lead an active lifestyle.  At the same time, if you want to participate in political activities or do charity work, then, of course, this money will not be enough for you. 

Bitcoin has a fundamental value, it is the world's decentralized currency and a protocol for the transfer of value in the virtual space. 

Progress in the development of the virtual space, high inflation, the crisis of the modern financial system, the collapse of large banks, political instability - all these circumstances contribute to the rise in the price of bitcoin. 

Therefore, in fact, in 10 years, its price may not be $500,000, but much more (for example, $2,000,000 or $3,000,000).

[Tony116]

Bitcoin is an asset that will have a higher value if held for a long time, so accumulate as much as possible.

...
In General you should have more then one asset class. It is easy as that.

I never said just invest or hold bitcoin or crypto without diversifying because we only talk about bitcoin, and I don't want to mention other assets. In investing, diversification is extremely important, IMO. Maybe I will offend some bitcoin fanatics, but just focusing all my assets on bitcoin and nothing else is the dumbest thinking I have ever seen. Not only bitcoin, if you invest in gold too, but you also need to diversify assets other than gold, nothing in this world is absolute.

[Dickiy]

In 10 years one BTC may be equal to 10 today's Bitcoins in value. I'd say 2-3 BTCs will be enough for most people's retirement in 10 years. One BTC valued at $300,000 is very possible in 10 years so having $1,000,000 should be enough for anyone's retirement. I'm pretty confident BTC can reach the $1xx,xxx target in 1-2 years. After this, to the Moon!

In my opinion, no matter how much we buy bitcoin today to guarantee retirement, it is returned to lifestyle and needs, if for people who like glamor and always appear to exist with expensive things, of course, having 1000 bitcoins will not be enough and retire if you have style. life is more extravagant than what can not be imagined, in my opinion, it is necessary to adjust the calculations and budgeting requirements for retirement later and estimate the price of bitcoin as a straight line for preparing the budget for pension fund needs.
I understand that the price of bitcoin will increase in each cycle, but the price of bitcoin is also quite volatile, so it would be nice to also have other investments that provide passive income every month, even though not much is produced.

[imamusma]

Many people prepare for their old age by investing now, that's a good idea in my opinion. However, we never know what will happen in the future because we cannot predict the future. Even bitcoin which is worth $28k today may not be worth the same price in 10 years so think wisely especially about investing.

I'm also thinking about investing in old age, but I don't just think of bitcoin as my only asset of choice. Gold and land and a few other options are also good alternatives to bitcoin, and with that I can also diversify risks. About bitcoin, I think 1-3 bitcoins is a good amount for long term investment after diversifying assets. But of course we've never had the financial power to own that much in assets, so in the end do it as much as you can afford, it's better than nothing.

[kelechi]

If we take into consideration that btc will reach 1 million then you will need 3 btc for retirement this includes inflation of usd

[Vaculin]

In general, the more bitcoins you accumulate, the more comfortable you will feel in retirement. But I think it would be too risky to concentrate all your retirement money on a volatile and risky asset like crypto. I agree with what pooya87 said, you should diversify your assets with assets other than crypto. In case, if your crypto investment crashes and you don't diversify your assets then your retirement dreams will disappear. Don't forget that bitcoin or ETH are both very risky.

Do not settle for anything less if you are still capable to add more to it. Just accumulate crypto whenever you can. However, do not forget that crypto does not give us guarantee that they will be forever be profitable and that their prices will always be on the rise. That’s why if we can also balance our fiat accumulation with crypto, that will make us more secured in our retirement days. We can also try to consider investing into different assets aside from crypto so that if one does not work well, our retirement will never be completely affected and ruined.

[Kasabus]

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

If you can earn more than that, then why not? The bigger the amount of your hodlings, the brighter and safer the future. But that is if crypto will never crash in the future, otherwise your whole retirement life will never be all worth it. That’s the reason why we should not only focus on crypto as we can also learn to invest with our legal tender. Just imagine, if both investments will succeed and prosper, you will eventually make the best of your retirement and even manage to help others even at your old age.

[goldkingcoiner]

I would guess that around 1 BTC will be needed in the future (probably in the somewhat distant future of around 20-30 years from now) when the price of Bitcoin is over 1 million USD each. In fact, if you are happy with a 401k retirement, then half a Bitcoin would do just as nicely around that kind of price level.

However we do not know what tomorrow will bring. With the advancement of technology, especially AI, we might not need money in the future.

I am hoping for a Star-Trek kind of future. No more material needs, no more money, no more greed.

But perhaps I am being a bit too gullible about human nature...

[Botnake]

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

You are not sure yet if these coins will continue to increase their price, so never limit the coins in your portfolio if you are seeing opportunities to earn. But always remember, never invest more than you can afford to lose especially in highly volatile coins. Instead, you can always try to diversify your investments with crypto and other investment assets so you can have more chances of earning and enjoy your retirement soon.

[Oasisman]

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

It's good to set a specific target and those target you have mentioned are pretty huge of a sum. However, if you've put enough money to your wallet and let's say you have accomplished the 10 Btc and 100ETH in just 5yrs before your retirement and then you stop from there, i think you're gonna be wasting time to add more fractions of Btc and ETH to your retirement fund.
I guess the best thing to do here is to try accumulate as much as you can until you have like 1 yr left before your retirement.

[TribalBob]

it looks like 10 BTC and 100ETH is enough to keep me alive during my retirement, but behind everything it takes accurate management so that btc doesn't run out quickly if it can keep spinning and even increase, that's what I still think about if I have btc savings as my retirement capital later