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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320306 times)
Karartma1
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January 27, 2016, 11:21:52 AM
 #1541

Something around 1000BTC would be a very good sum to retire even now I think. I'm not even close to that amount and It will be very unlikely I'll go beyond 100BTC. But, who knows maybe I'll get there.  Cool
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January 28, 2016, 04:49:27 AM
 #1542

Something around 1000BTC would be a very good sum to retire even now I think. I'm not even close to that amount and It will be very unlikely I'll go beyond 100BTC. But, who knows maybe I'll get there.  Cool

yeah 1000BTC is highly unlikely as well for me. but 100 BTC in 20 years I can achieve it. I have even been playing bitcoin for approximately 2-3 years has been getting more than 15-20btc

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January 28, 2016, 05:42:47 AM
 #1543

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.


Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional
Well not if you safely trade. For example, buy at low prices, and then sell at a high price. Easy.


 
 
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azguard
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January 28, 2016, 09:44:59 AM
 #1544

You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.


Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional
Well not if you safely trade. For example, buy at low prices, and then sell at a high price. Easy.

yea like now price drop and will go to 400 and over in day or two easy 15-20$ per coin
or trade for some alt coin but sometimes may be risky



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HarryKPeters
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January 28, 2016, 10:46:54 AM
 #1545

Well, make it a lot. There is no guarantee the price will sky rocket.
Thus i would never advice to bet on 1 horse. Buy bicoins and buy some assets too.

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January 28, 2016, 01:28:07 PM
 #1546

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...
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January 28, 2016, 04:03:55 PM
 #1547

To be honest if i can have 50 i would be happy i dont need any more and even with current price i would be happy

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January 29, 2016, 09:56:11 AM
 #1548

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

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BitCoinNutJob
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January 29, 2016, 11:05:42 AM
 #1549

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

Shitcoins are p&d. Bitcoin is like a electronic gold in our digital world. In 2-3 years price will go to the next level and it will be really best investment.
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January 29, 2016, 12:41:13 PM
 #1550

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.
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January 29, 2016, 01:28:41 PM
 #1551

I want to save at least 5 BTC for my retirement days as well.

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January 29, 2016, 01:57:29 PM
 #1552

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough



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reputedchain
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January 29, 2016, 02:20:19 PM
 #1553

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

 
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January 30, 2016, 08:28:23 AM
 #1554

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

So if the bitcoin price becomes $200,000 in 20 years, 20 bitcoin will make our retire life very happy.

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January 30, 2016, 10:45:59 PM
 #1555

I would not count on bitcoin at all when it comes to investments.
Use and buy bitcoin for the innovation.

If you want to retire safely and wealthy offcourse...

Bitcoin will not be an investment tool if the price is so volatile. We will not invest into a pump and dump tool.

volatility or not, bitcoin is whatever you want. it can be a currency if you so wish, it can be a tool to store wealth, or an investment tool. volatility makes bitcoin a more than interesting investment and attracts a lot people from all over the world.

with every day is so
more are involved more is heard about and more will be invested in it
so it can that small amount will be enough or even bigger wont be enough

Exactly, totally depends on what value bitcoin holds in the future, even 1 btc can take care of us or even 100 btc would not be sufficient, really interesting to see that whether bitcoin will exist in future or not, or will get replaced by some other crypto currency.

So if the bitcoin price becomes $200,000 in 20 years, 20 bitcoin will make our retire life very happy.

Yeah, but one also needs to live those many years...
Today, nothing is guaranteed, not even life...
So, we should talk based on nearer prices and not what we will see in long term very far...
I think that based on current prices, BTC1k won't be a bad deal at all...

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January 30, 2016, 11:02:09 PM
 #1556

I would hold onto every bitcoin you have.
The more the better.

it could well be that you will be a millionare in 20 years.

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January 31, 2016, 12:39:15 AM
 #1557

if bitcoin will be worth 1mln dollar next year you will retired next year
But if dollar will fail like  that we will see the biggest economic tornado in human history

 
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January 31, 2016, 06:02:50 AM
 #1558

if bitcoin will be worth 1mln dollar next year you will retired next year
But if dollar will fail like  that we will see the biggest economic tornado in human history
anything can happen, and bitcoin can worth 1million dollar, but it's very very imposible
i think put all of your money at fiat or in bitcoin isn't a good way

for retire im choosing to save bitcoin and fiat... so if bitcoin worth 1million dollar and dollar fail i have bitcoin to make me happy

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January 31, 2016, 06:08:42 AM
 #1559

if bitcoin will be worth 1mln dollar next year you will retired next year
But if dollar will fail like  that we will see the biggest economic tornado in human history
There is a thread that Bitcoin will become 1 million dollars. If that's the case, you only need like 3 or 4 Bitcoins.
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January 31, 2016, 06:57:46 AM
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if bitcoin will be worth 1mln dollar next year you will retired next year
But if dollar will fail like  that we will see the biggest economic tornado in human history
There is a thread that Bitcoin will become 1 million dollars. If that's the case, you only need like 3 or 4 Bitcoins.
Oh yeah I saw that thread. I really doubt that it will even reach anything close to that.
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