Bitcoin Forum
July 18, 2024, 10:02:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 [110] 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 ... 166 »
  Print  
Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320313 times)
nielaminda
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
April 15, 2016, 12:50:51 PM
 #2181

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

try collect as much as you can
the more you have the better will be for you

Yeah the more bitcoin we can acquire right now the more it will benefit us in the future and we know that the price of bitcoin is going upwards in the next few years.
xht
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250

hey you, yeah you, fuck you!!!


View Profile
April 15, 2016, 11:04:01 PM
 #2182

it's complicated, it depend how much you want to spend your retirement fund, how much do you believe in bitcoin. if you had 1,000,000 dollars now you want spend all for bitcoin?

DeDordtenaar
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
April 16, 2016, 12:03:50 AM
 #2183

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

try collect as much as you can
the more you have the better will be for you
You can not just say collect as much as you can because with it you will not have goals and targets in earnings.
targets that will make you accomplish in 20 years. and calculate how many bitcoin per week do you need to reach your target


                ,╓▄▄▄▄▄▄▄▄▄╓                 
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,         
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖       
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌     
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,   
   ▐███ ▐███ .███           ███  ███▌ ███▌   
   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin | Private, Secure & Untraceable Cryptocurrency |  Enigma
Forum | Bitcointalk | Twitter | Slack |  Facebook |  VK |  Reddit |  CloakTV |  Instagram |  IRC-Chat |  Faucet
rababo
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250


View Profile
April 16, 2016, 05:29:00 AM
 #2184

Don't think you can safely retire with bitcoin. It's not a stable currency, so in future you don't know what it will be like.
You are gambling with your future if you were totally to rely on it for security.
Mr. Big
Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2366
Merit: 1179

While my guitar gently weeps!!!


View Profile
April 16, 2016, 05:57:27 AM
 #2185

Don't think you can safely retire with bitcoin. It's not a stable currency, so in future you don't know what it will be like.
You are gambling with your future if you were totally to rely on it for security.

No one knows, but to be sure, better invest in real life investments like houses, real estate lots and insurances..your bitcoin should be considered as a spare money and not your main retirement fund...
richjohn
Sr. Member
****
Offline Offline

Activity: 574
Merit: 255


View Profile
April 16, 2016, 05:58:47 AM
 #2186

Just don't depend on bitcoin because it has the possibility to devalue soon. Just retire as long as you already tired in work. Smiley
geopolisch
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 511


View Profile
April 16, 2016, 08:06:14 AM
Last edit: May 21, 2016, 09:16:00 AM by geopolisch
 #2187

no , bitcoins will not retire.
romero121
Legendary
*
Offline Offline

Activity: 3206
Merit: 1213


Enterapp Pre-Sale Live


View Profile
April 16, 2016, 02:38:04 PM
 #2188

Just don't depend on bitcoin because it has the possibility to devalue soon. Just retire as long as you already tired in work. Smiley

Anything might happen with bitcoin, but when it comes to its survival one can without discussing with others can trust it. Because if its to fail, in a very short term of seven years it had not got these many users.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
 
    CRYPTO WEBNEOBANK    
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Lokfar
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
April 16, 2016, 03:43:56 PM
 #2189

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

Since there is no stability in the price of bitcoin,you cannot peridict whats going to happen in next few years even. Even if is difficult to predict the price after few months also.

Correct nobody is able to predict the course of bitcoin. However at the moment i feel the price will go over 3k in 20 years. If you take that in account
it is possible to determine your pension fund by simple calculation.
landoadog
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
April 16, 2016, 04:10:43 PM
 #2190

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

Since there is no stability in the price of bitcoin,you cannot peridict whats going to happen in next few years even. Even if is difficult to predict the price after few months also.

Correct nobody is able to predict the course of bitcoin. However at the moment i feel the price will go over 3k in 20 years. If you take that in account
it is possible to determine your pension fund by simple calculation.

If that would happen then i think i should also start a retirement plan so that i will be able to live a good life whenever i decided to retire young.
znickelbackz
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 16, 2016, 04:21:04 PM
 #2191

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

Since there is no stability in the price of bitcoin,you cannot peridict whats going to happen in next few years even. Even if is difficult to predict the price after few months also.

Correct nobody is able to predict the course of bitcoin. However at the moment i feel the price will go over 3k in 20 years. If you take that in account
it is possible to determine your pension fund by simple calculation.

If that would happen then i think i should also start a retirement plan so that i will be able to live a good life whenever i decided to retire young.

you should be around 40 years old after 20 years and that can't be considered young at that age, but it's quite young to retire. but it's something sounds like too good to be true.
terman45x
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
April 16, 2016, 04:31:09 PM
 #2192

No idea what should be the exact amount should to hold, but its always better to hold some more coins as even if the price doesn't reach to the moon it can take care of us.
GamingBro
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
April 17, 2016, 01:22:12 AM
 #2193

It depends on you really, if you are wasting 1000$ per day you will need a huge amount of bitcoins. You are using 10$ per day, ok you need in 100 times less bitcoins.

Farma
Legendary
*
Offline Offline

Activity: 2604
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
April 17, 2016, 03:27:49 AM
 #2194

It depends on you really, if you are wasting 1000$ per day you will need a huge amount of bitcoins. You are using 10$ per day, ok you need in 100 times less bitcoins.
Well, it all depends on the time. because at the time it was definitely very much a changing economy. maybe this time you just need to collect bitcoin as much. because if it costs more than $1,000 that will make you rich

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
nostal02
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
April 17, 2016, 04:25:19 AM
 #2195

It depends on you really, if you are wasting 1000$ per day you will need a huge amount of bitcoins. You are using 10$ per day, ok you need in 100 times less bitcoins.
Well, it all depends on the time. because at the time it was definitely very much a changing economy. maybe this time you just need to collect bitcoin as much. because if it costs more than $1,000 that will make you rich

20 years is still a long way to go and you are right the economy will be changing and the price of bitcoin will also change so its good to have as much as you can and just wait for 20 years and see what will be the price there.
draceus
Sr. Member
****
Offline Offline

Activity: 245
Merit: 250


View Profile
April 17, 2016, 09:33:56 AM
 #2196

That depends on the value of Bitcoin and that is hard to predict because it is a curreny so you never know what the value will be of Bitcoin and that is the problem, but you never know.
I think you need more than some 50 Bitcoins for sure otherwise it will be not possible to you if the value is going to reduce, there are many risks.

try collect as much as you can
the more you have the better will be for you

Yeah the more bitcoin we can acquire right now the more it will benefit us in the future and we know that the price of bitcoin is going upwards in the next few years.


I agree with you friend when I think about the future what happen in our life don,t know everybody but everybody know about future will need money when will come some problem and that time maybe 80 bitcoin is good for all people when retire time

beduku22
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
April 17, 2016, 05:03:41 PM
 #2197

No idea what should be the exact amount should to hold, but its always better to hold some more coins as even if the price doesn't reach to the moon it can take care of us.

should be good with 100 btc. This mostly depends on what bitcoin will be worth in 20 years.
Bitminer1224
Member
**
Offline Offline

Activity: 90
Merit: 10

★777Coin.com★ Fun BTC Casino!


View Profile
April 17, 2016, 05:08:55 PM
 #2198

If you want to live comfortably in retirement, bitcoins are the wrong place to look. Check the history. They've been going down in value all year!

Invest in FacebookCoin or whatever it's going to be called, or maybe just invest in a low cost index fund (since you're talking 20 years down the road).
FacebookCoin? What are you smoking?
Maybe he meant stocks or something? Alts coins for retirement would be more of a risk than btc for retirement.

xIIImaL
Legendary
*
Offline Offline

Activity: 1372
Merit: 1005


View Profile
April 17, 2016, 05:26:32 PM
 #2199

It depends on you really, if you are wasting 1000$ per day you will need a huge amount of bitcoins. You are using 10$ per day, ok you need in 100 times less bitcoins.

It may be that bitcoins do not hold any value after 20 years. Bitcoins are not a reliable currency currently and it has been here for very less time compared to other currencies but the future of bitcoin is not predictable. Soon it may be replaced by another currency.
co5hike
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
April 17, 2016, 05:38:11 PM
 #2200

It depends on you really, if you are wasting 1000$ per day you will need a huge amount of bitcoins. You are using 10$ per day, ok you need in 100 times less bitcoins.

It may be that bitcoins do not hold any value after 20 years. Bitcoins are not a reliable currency currently and it has been here for very less time compared to other currencies but the future of bitcoin is not predictable. Soon it may be replaced by another currency.

Yeah and thinking of 20 years would be the waste of time, its better we keep on earning from it since it is alive and popular as anything is possible with bitcoin in future.
Pages: « 1 ... 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 [110] 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 ... 166 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!