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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320306 times)
jokerrj
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March 02, 2016, 09:02:48 PM
 #1821

21 Bitcoins in 21 years seems like the perfect way to go. Anything less than 21 Bitcoin just doesn't feel right, you gotta hit that magic number to be safe for a fantastic early retirement, until then, I will not rest for a minute, every second must be about thinking how to increase your Bitcoin stack, otherwise you are wasting your time.

Very true, we should engage ourselves in earning bitcoins at a moment, as it will be more worth in future, more you hold, more profit you earn, and better retired life you live.

Looking for a long term signature campaign. Pm me
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March 02, 2016, 09:56:10 PM
 #1822

If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.
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March 02, 2016, 10:57:47 PM
 #1823

If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.

Be realistic. The price will not go to 1 million.
Suppose we have a realistic value of 2.5k then you need about 400 to get 1 million. Consider everything above 2.5K as a bonus.
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March 03, 2016, 09:02:48 AM
 #1824

If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.

Be realistic. The price will not go to 1 million.
Suppose we have a realistic value of 2.5k then you need about 400 to get 1 million. Consider everything above 2.5K as a bonus.

Yeah, bitcoin can achieve that figure of 2.5k in future if it survives, but the major concern is what is the total life span of bitcoins, will it really survive that long? Time to think.
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March 03, 2016, 09:13:56 AM
 #1825

it depends on what kind of life you want to live
As good retirement plan for me 1000 bitcoins are enough,
it depends on your country and currency

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March 03, 2016, 09:26:01 AM
 #1826

it depends on what kind of life you want to live
As good retirement plan for me 1000 bitcoins are enough,
it depends on your country and currency


 it will really depends upon your lifestyle and the country where you live...so instead of investing your retirement to bitcoin, we  must still think of putting some in our bank accounts and some on bitcoin account, as the future is still uncertain...
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March 03, 2016, 09:55:59 AM
 #1827

if the price reaches $ 500 bitcoin I need 1000 BTC for the next 20 years, I want to make a business and live in peace, I also wanted to travel around the world at the time  Grin
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March 03, 2016, 10:11:39 AM
 #1828

if the price reaches $ 500 bitcoin I need 1000 BTC for the next 20 years, I want to make a business and live in peace, I also wanted to travel around the world at the time  Grin

The price would be much higher mate in future, this price we are expecting in next couple of months at the time of halving so you can be prepared with much higher price after 20 years.
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March 03, 2016, 12:25:20 PM
 #1829

Retirement is a big issue in a person life. But if you can still move your fingers  in that age there will also be so many ways to profit from those fingers and your working brain. I dont think you will be needing so much if you are still strong enough to do that. But if it is resting that you want. I guess a 100 or more will be the best number in our current price. But if it goes down that wont be enough.

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March 03, 2016, 12:39:37 PM
 #1830

I guess a 100 or more will be the best number in our current price. But if it goes down that wont be enough.
In today's price it would be 40 grands and if Slum's are not your choices to retire then that amount certainly wont be enough for the rest of your life after you are done.

this price we are expecting in next couple of months at the time of halving so you can be prepared with much higher price after 20 years.
Since when Bitcoin's price is based on expectations of forum users ? or any other retard's speculation with nothing to back it up ?
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March 03, 2016, 01:06:25 PM
 #1831

I plan to retire very late. So i reckon i need less retirement money. With this in mind i go for around 100 bitcoins at the end of my career.
I hope this will be enough to lead a good life in my old days.
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March 03, 2016, 02:14:41 PM
 #1832

Depends on your location since that would determine how much you actually need to retire, I think bitcoin price would be high and maybe even reach $1000 at that time so around 1,000-2,000 for someone in the united states for example.
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March 03, 2016, 03:26:17 PM
 #1833

100 bitcoins should be enough if bitcoin price keeps moving favorably.
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March 03, 2016, 04:06:39 PM
 #1834

You will need a lot of bitcoins to do this, but its also that its the question if the bitcoin will still exist by that year.
Maybe there will come another digital currency that will replace the bitcoin, I think its unpredictable.
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March 03, 2016, 04:13:20 PM
 #1835

100 bitcoins should be enough if bitcoin price keeps moving favorably.

maybe even and half of that amount but both number are fine the more the better

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March 03, 2016, 05:33:48 PM
 #1836

I am not that sure about the excessive prices people predict for bitcoin in that duration, I think it will worth allot but not even close to the $10,000 figures... Anyway I think it would require around 1000 BTC to retire in good conditions IMO.
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March 03, 2016, 05:47:04 PM
 #1837

I am not that sure about the excessive prices people predict for bitcoin in that duration, I think it will worth allot but not even close to the $10,000 figures... Anyway I think it would require around 1000 BTC to retire in good conditions IMO.

yeah 1000 BTC highly enough. because we will not know how much the price in the next 20 years. so 1000 BTC really feasible.

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March 04, 2016, 07:02:57 AM
 #1838

In my honest suggestion, try to get as much as you can.but at least 100 BTC.

Then go the the church and pray bitcoin will rise high.. very high.

As much as you can buy and willing to get, 20 years from now are a long time bitcoin will probably not exist until then but if it does then it will be really valuable in 20 years
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March 04, 2016, 07:17:04 AM
 #1839

21 Bitcoins in 21 years seems like the perfect way to go. Anything less than 21 Bitcoin just doesn't feel right, you gotta hit that magic number to be safe for a fantastic early retirement, until then, I will not rest for a minute, every second must be about thinking how to increase your Bitcoin stack, otherwise you are wasting your time.

Very true, we should engage ourselves in earning bitcoins at a moment, as it will be more worth in future, more you hold, more profit you earn, and better retired life you live.
lol magic number. it will not help you. better get as much as you can, you can make the target more than that. the higher the target you want. you will work harder.
example I would make the target 1 month 1 BTC. I think in 20 years I would collect 240 BTC ~
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March 05, 2016, 09:01:04 PM
 #1840

21 Bitcoins in 21 years seems like the perfect way to go. Anything less than 21 Bitcoin just doesn't feel right, you gotta hit that magic number to be safe for a fantastic early retirement, until then, I will not rest for a minute, every second must be about thinking how to increase your Bitcoin stack, otherwise you are wasting your time.

Very true, we should engage ourselves in earning bitcoins at a moment, as it will be more worth in future, more you hold, more profit you earn, and better retired life you live.
lol magic number. it will not help you. better get as much as you can, you can make the target more than that. the higher the target you want. you will work harder.
example I would make the target 1 month 1 BTC. I think in 20 years I would collect 240 BTC ~

21 like blackjack think that most here will be pleased with that amount maybe less
but mine is the more the better



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