How many bitcoins do I need to retire in 20 years?

[ivanst776]

My guess is 5 to 10 bitcoins. It will take a really long time before 1 bitcoin will be worth 1 mil

10 BTC is a really very good value to hold for the future as we believe that the value of bitcoins will reach the moon in coming years and if we talk about next 20 years then its too long to predict for, if we think of the short run like say next 5 to 10 years then I believe that it would definitely gain us profit out of it, So the picture would be very much clear in the next 5 years or so.

Well 10 BTC now costs around ~3800 dollars, if the price becomes x10 then there is a good profit. But i would suggest around 100BTC

[plost24]

I think that 20 btc will be a great investment as the price for now is high and i m sure that after some years you will have a great profit and if we get lucky and the price go up to 1000 $ you will get 20000$ it will be cool :p

[Dwelach]

I wish I could retire now If I had 100BTC

But that is smart if you buy BTC now and wait for 20 years and get lucky that 1 BTC = 10.000 dollar.

Such a big dream and hope that will happend.

[Erzatium]

it really depends on how fast and how high the bitcoin will raise in value

or you could try to calculate with how much the bitcoin is worth right now and see how much you need

[BitmoreCoin]

Waw! That is really a smart Idea to retire with 2 or more BTC.

I think I will buy some bitcoin for this plan.

If every user in this form buys 2 or more bitcoin, there is not enough bitcoin out there for us to buy. The price will go through the roof. Hope the price will not crash afterwards. Enjoy the dreams.

[StevenLiang]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

So you are saying 11-22 BTC we will need?  I highly think that is wrong.  You think the average price of Bitcoin in 20 years will be 227,000 dollars per coin?  ha.

Perfectly possible, only a small amount of fiat needs to enter the market. Look at this video called "is a $100.000 Bitcoin possible?"

https://www.youtube.com/watch?v=g2nXgK34HIM

So yeah, with 100K a Bitcoin and 22 BTC you would have more than 2 million dollars, enough to retire in a non expensive place and live off interests. Of course, anyone selling 100% of their Bitcoins for fiat is insane. So when you plan to retire just sell 50% and save the rest.

I doubt you will be able to retire with 2 million dollars in 20 years.  And since you are keeping 50% you are trying to retire off of 1million dollars.  Good luck with that.    I am not saying 100,000 Bitcoin is not possible.  I just don't think we will see it in 20 years.

Ha, i almost waste my time to watch 26minutes video.
Do not think too far for bitcoin. Satoshi Nakamoto surely on developing new way from blockchain technology. (in my opinion)

But hold bitcoin for now is quite good decision, just do not thing too big about it.

[AsaroUk]

If the bitcoin will stay around 300 you're going to need a bunch

It really depends on how the value of the bitcoin will increase

[avw1982]

I think that 20 btc will be a great investment as the price for now is high and i m sure that after some years you will have a great profit and if we get lucky and the price go up to 1000 $ you will get 20000$ it will be cool :p

Yeah 20 btc can help you retire when the bitcoin price goes to 10,000$ or more, which can happen in the next 10 years, so try to buy and save as much Bitcoins as possible so that you can retire comfortably when you are about 40 to 50 years old

[leex1528]

I think that 20 btc will be a great investment as the price for now is high and i m sure that after some years you will have a great profit and if we get lucky and the price go up to 1000 $ you will get 20000$ it will be cool :p

Yeah 20 btc can help you retire when the bitcoin price goes to 10,000$ or more, which can happen in the next 10 years, so try to buy and save as much Bitcoins as possible so that you can retire comfortably when you are about 40 to 50 years old

I really hope you are right I just personally don't see the price going that high in the next 10 years.  If I am wrong I am wrong but that is such a large amount of increase in value over just a small period of time.

[Barnabe]

I think that 20 btc will be a great investment as the price for now is high and i m sure that after some years you will have a great profit and if we get lucky and the price go up to 1000 $ you will get 20000$ it will be cool :p

Yeah 20 btc can help you retire when the bitcoin price goes to 10,000$ or more, which can happen in the next 10 years, so try to buy and save as much Bitcoins as possible so that you can retire comfortably when you are about 40 to 50 years old

I really hope you are right I just personally don't see the price going that high in the next 10 years.  If I am wrong I am wrong but that is such a large amount of increase in value over just a small period of time.

If mass adoption really happens it would not surpise me.
Things like bitcoin (and like many others in tech-related businesses) can skyrocket really fast if they become main-stream.

[Callahan]

I prefer retire in 5 years, how many BTC i need?

[cptdome1]

I prefer retire in 5 years, how many BTC i need?

a lot, especially when the price keeps dropping

[Amph]

I prefer retire in 5 years, how many BTC i need?

it always depend on how much you need to retire, if 1M than 100 btc at 10k, if more than you need to wait more

1k btc would do it better in most case, but only a few can have that amount now

[Barnabe]

I prefer retire in 5 years, how many BTC i need?

it always depend on how much you need to retire, if 1M than 100 btc at 10k, if more than you need to wait more

1k btc would do it better in most case, but only a few can have that amount now

1kBTC right now is worth more than 300k$
For many people is more than their lifetime savings. Do you think they trust bitcoin enough to put all their savings in it ?
I wouldn't.

[Amph]

I prefer retire in 5 years, how many BTC i need?

it always depend on how much you need to retire, if 1M than 100 btc at 10k, if more than you need to wait more

1k btc would do it better in most case, but only a few can have that amount now

1kBTC right now is worth more than 300k$
For many people is more than their lifetime savings. Do you think they trust bitcoin enough to put all their savings in it ?
I wouldn't.

well look at it from this point of view, if someone had 100k ins aving, and he need 1M to retire,he just need to wait for bitcoin to reach 1k, to be able to do so

[Mickeyb]

I prefer retire in 5 years, how many BTC i need?

it always depend on how much you need to retire, if 1M than 100 btc at 10k, if more than you need to wait more

1k btc would do it better in most case, but only a few can have that amount now

1kBTC right now is worth more than 300k$
For many people is more than their lifetime savings. Do you think they trust bitcoin enough to put all their savings in it ?
I wouldn't.

Yes, but you are forgetting that majority of the people that have 1K+ of bitcoins haven't bought them at these prices. They have bought them when Bitcoin price was very low. Maybe $10 a coin or even lower.

But you have to agree that these people have deserved this money. You needed to have balls to invest $10K into Bitcoin when its price was $10 let's say.

[AncilVTwo]

I prefer retire in 5 years, how many BTC i need?

it always depend on how much you need to retire, if 1M than 100 btc at 10k, if more than you need to wait more

1k btc would do it better in most case, but only a few can have that amount now

1kBTC right now is worth more than 300k$
For many people is more than their lifetime savings. Do you think they trust bitcoin enough to put all their savings in it ?
I wouldn't.

Yes, but you are forgetting that majority of the people that have 1K+ of bitcoins haven't bought them at these prices. They have bought them when Bitcoin price was very low. Maybe $10 a coin or even lower.

But you have to agree that these people have deserved this money. You needed to have balls to invest $10K into Bitcoin when its price was $10 let's say.

i agree,investing with bitcoin in the early days was just as hard as investing today. no one knows if the price is going to skyrocket, and if people do take the risk they must really believe in bitcoin.

[azguard]

we cannot tell how much will BTC will be in 20 years
it may be 10$ and also may be 100K$

that is something that we can only expect but if we think in this range it would be good 10-25 have in reserve

[trinaldao]

we cannot tell how much will BTC will be in 20 years
it may be 10$ and also may be 100K$

that is something that we can only expect but if we think in this range it would be good 10-25 have in reserve

I think the reasonable price is $100 or $1000
Not 100k or 10cent

I myself trust in future bitcoin is something important at the world

[VirosaGITS]

we cannot tell how much will BTC will be in 20 years
it may be 10$ and also may be 100K$

that is something that we can only expect but if we think in this range it would be good 10-25 have in reserve

I think the reasonable price is $100 or $1000
Not 100k or 10cent

I myself trust in future bitcoin is something important at the world

If bitcoin is still at 1k or less in 20 years it means it will have been failing and about to die, simple fact here.

Bitcoin can't continue living unless it kick off another service from the global economy, and to do that it need to reach 5k and then 70k within 50 years or so, for the market cap into the trillions it will need to over take the every day services we use online.