|
Termin4tor
|
 |
February 09, 2015, 08:30:50 AM |
|
Get 1 or 2 btc just to be in the safe level  |
|
|
|
calfries
Newbie
 Offline
Activity: 54
Merit: 0
|
|
February 09, 2015, 08:49:18 AM |
|
I would say buy as much Bitcoin as you can afford to lose right now and you either do really well or you lose what you can afford to.
|
|
|
|
|
superresistant
Legendary
Offline
Activity: 2142
Merit: 1130
|
|
February 09, 2015, 09:31:19 AM |
|
at least 100, with a value of 10k each
Agree. I would go for 100 BTC if you want to live comfortably. I would take about 1 to 3 years to get that amount. Anyone can do it. |
|
|
|
|
caga
Full Member
Offline
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
|
|
February 09, 2015, 09:45:20 AM |
|
Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
A lot of replies, but this does look like a vague question. The answer completely depends on the price of bitcoin. It may vary a lot, and hard to say what the value will be over 20 years. best to retire with a fiat value. |
|
|
|
superresistant
Legendary
Offline
Activity: 2142
Merit: 1130
|
|
February 09, 2015, 09:50:58 AM |
|
Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
A lot of replies, but this does look like a vague question. The answer completely depends on the price of bitcoin. It may vary a lot, and hard to say what the value will be over 20 years. best to retire with a fiat value. lol you cannot retire with FIAT nowadays. It is affected by strong deflation and economic instability and is backed by nothing. Retirement plans are scams. With FIAT you can only work to survive. We shall stop thinking in FIAT terms. |
|
|
|
|
Solange
Newbie
Offline
Activity: 22
Merit: 0
|
|
February 09, 2015, 10:50:51 AM |
|
Probably somewhere between 1 and 100,000. Personally it's futile asking what amount you'll need but I'd concentrate on just acquiring as many as you can afford or are willing to buy and hold for the future. Maybe you'll get lucky, maybe you wont.
|
|
|
|
|
|
Agestorzrxx
|
|
February 09, 2015, 12:28:43 PM |
|
It depend on where did you live.
|
|
|
|
|
|
cheekychap
|
|
February 09, 2015, 12:35:13 PM |
|
Well that depends on what the price is after 20 years. Safe to say , around 5K BTC would be a good amount to retire on after 20 years.
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
|
|
February 09, 2015, 12:44:15 PM |
|
I would not bank on investing in only one commodity, to save up for 20 years.
Crypto currency as a investment vehicle needs a little bit more...hmmm hands on treatment. Bitcoin is on top today, BUT 20 years from now, a Alt coin might have replaced it.
My prediction for the future is that Bitcoin in it's current form, needs to adapt to more transparency, otherwise countries like the USA would have a hard time to fully adopt it.
The Alt coin, doing that, would be the coin to invest in.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
February 09, 2015, 12:45:51 PM |
|
According to the Winklevoss bro's you'll need 7 or 8 Bitcoins in order to be millionaire in the future  I think you'll be a millionaire in the future with at least 1000 Bitcoins. |
|
|
|
|
|
Q7
|
|
February 09, 2015, 01:30:06 PM |
|
If you truly believe in the future of bitcoin and you are soooo confident, then just buy as many as you can afford. Nobody can really predicts what's the price is going to be in 20 years, so rather it's a "hope for the best" scenario and grab as much as you can.
|
|
|
|
|
AtheistAKASaneBrain
|
|
February 09, 2015, 02:26:49 PM |
|
at least 100, with a value of 10k each
Agree. I would go for 100 BTC if you want to live comfortably. I would take about 1 to 3 years to get that amount. Anyone can do it. Not anyone. There's no fucking way 99% of joes out there can risk 21850 USD in hopes bitcoin reaches 10K... |
|
|
|
|
|
jeffhuys
|
|
February 09, 2015, 03:07:59 PM |
|
A lot of people in this thread seem to agree on one thing: Bitcoin rising and rising the next x years.
Why are you guys so certain?
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
February 09, 2015, 03:15:21 PM |
|
A lot of people in this thread seem to agree on one thing: Bitcoin rising and rising the next x years.
Why are you guys so certain?
Because it gained enough momentum not to die out, and that being said , there will allways be people that will try to earn, and u cant do that without lifting up the price. Bitcoin users now mostly still unknown to how bitcoin trading is being done, and they often comare it to stock trading, which is wrong. Just look at charts from 2009 til now and you will see wawes of buys incoming allways after desperate new users sell trying to get back little on their investments, and then, just buy. Like i said many time, the times when u could make a fortune in one year on bitcoin is over, but if you are prepared to wait a couple of years, it will be worth it. cheers |
|
|
|
|
Razick
Legendary
Offline
Activity: 1330
Merit: 1003
|
|
February 10, 2015, 03:40:01 AM |
|
I wouldn't trust Bitcoin over that term. It could be worth $100,000 or $0. Bitcoin should be a small part of your overall retirement plan.
|
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
|
|
|
Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
|
|
February 10, 2015, 11:27:23 AM |
|
A lot of people in this thread seem to agree on one thing: Bitcoin rising and rising the next x years.
Why are you guys so certain?
The price has been going down for a year, I think because of the gox shock and some other negative events, but other parameters are promising. So based on the belief that it is still expanding, the argument is that if someone prefer bitcoin over fiat now, they will do more so in the future, when it becomes more liquid. The expansion feeds itself like a slow explosion. |
|
|
|
|
Joca97
Legendary
Offline
Activity: 3668
Merit: 1023
Signature spot available for rent!
|
|
February 10, 2015, 01:04:39 PM |
|
A lot of people in this thread seem to agree on one thing: Bitcoin rising and rising the next x years.
Why are you guys so certain?
The price has been going down for a year, I think because of the gox shock and some other negative events, but other parameters are promising. So based on the belief that it is still expanding, the argument is that if someone prefer bitcoin over fiat now, they will do more so in the future, when it becomes more liquid. The expansion feeds itself like a slow explosion. i currently dont see any future in bitcoin!because the price is just going down,there arent even any news that it might go up when it hitted 170$ i was shocked but im still hoping it will raise like in novemeber 2013!!! |
|
|
|
|
superresistant
Legendary
Offline
Activity: 2142
Merit: 1130
|
|
February 10, 2015, 02:03:46 PM |
|
at least 100, with a value of 10k each
Agree. I would go for 100 BTC if you want to live comfortably. I would take about 1 to 3 years to get that amount. Anyone can do it. Not anyone. There's no fucking way 99% of joes out there can risk 21850 USD in hopes bitcoin reaches 10K... The average Joe will never have any retirement and will die working like a slave (he deserves it, he voted for that system). The Bitcoiner can afford to invest 7K per year because he knows there is no better plan even if it could go down to zero. |
|
|
|
|
|
solitude
|
|
February 10, 2015, 08:35:23 PM |
|
(he deserves it, he voted for that system)
she voted for it tyrone voted for it pablo voted for it Once women got the vote, everything went to shit. |
Hardly anyone speaks English on this forum.
|
|
|
polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
February 11, 2015, 01:07:15 AM |
|
I wouldn't trust Bitcoin over that term. It could be worth $100,000 or $0. Bitcoin should be a small part of your overall retirement plan.
It could be a kind of lottery. If it pays off, you have a lavish retirement lifestyle. If not, you still should be able to manage. |
|
|
|
|
|
