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

[jt byte]

i think you need only 1BTC
in future bitcoin can be rich to $10.000 
i hope 1day i can be rich

Maybe you though 1kBTC instead of 1BTC
Because with only a single bitcoin you cant to anything big in this case retiring.
With 1k it can be possible but it is still hard to believe because the price is changing dramatically each year.

[Amph]

Investing in mining data centers (mining farm) is much better that investing in bitcoins.
This just stuck you there, the amount stays the same, so you are just waiting for a jump.
Having your own mining farm, means you have a team and you are earning continually bitcoins.

But these days you'd need a lot of capital to get started and you're up against some massively well funded organisations with access to facilities, tech and infrastructure most can only dream of.

My suggestion above was to invest a high amount of money (~1million)
So instead of investing in bitcoins (buying it) you already are stucked there and you are waiting for a higher price to get profit.
A good alternative is investing that money in mining farm and you will get i think a higher profit, but it depends from the country,electricity etc..

you're suggestion doe snot make sense, with 1M you could already retire, there is no point in investing anymore, unless i know that i would get out form this shit(not form bitcoin from investing...)

or i would buy 1M in bitcoin and use it directly, you don't even need to wait for a better price

afaik you both are off topic as OP meant to ask about retirement statistics if any in bitcoin world.
however there is no legitimate , proper answer for that as the value of crypto's is far more variable when compared to fiat's
one thing the op can do is calculate the average he need in fiat's and convert it in btc,
3 million $ todays wealth is enough for Rment...so around 12000 coins.

what off topic about my post? you're repeating what i've said, which is converting your need from fiat in bitcoin to know how many btc you need for retirement

1M in most of the cases is enough, so around 4k coins

[leex1528]

This is an unanswered question that can't be answers dfor 20 years:)  The answer could range from 1 coin, to 1 million coins, to no amount of coins.  What I hope for in 20 years, even though that is super far away is 1 million per coin:)  I think I am reaching though.

[qiwoman2]

I have no idea but with 500 bitcoins maybe you could do fairly well but that also depend son where you live in the world as well. If you live in a cheaper country then 500 bitcoins might be huge compared to living in a developed and expensive country.

[madonnino]

it depends on your lifestyle, if i have to think about my position i think 250 bitcoin will be good at the actuale rate

[coinplus]

it depends on your lifestyle, if i have to think about my position i think 250 bitcoin will be good at the actuale rate

Definitely our life style is an important factor on deciding the retirement amount. But here the actual prediction would be the price of bitcoin approximately on your retirement age. If you have more than enough bitcoins on your retirement you can lead a lavish lifestyle as a multi millionaire.

[StevenLiang]

Very good question to make long term plan.

But it's not easy to answer.

When you find the answer, you'll know the power of investment in many place. Not just on one currency, especially BTC.

 

[azguard]

i think you need only 1BTC
in future bitcoin can be rich to $10.000 
i hope 1day i can be rich

Maybe you though 1kBTC instead of 1BTC
Because with only a single bitcoin you cant to anything big in this case retiring.
With 1k it can be possible but it is still hard to believe because the price is changing dramatically each year.

you can if somehow work over 100k in US but more like will be 1000BTC for retirement for sure i would be satisfied with 100 or little more just for good retirement 

[TTMNewsMJ]

It depends on your lifestyle.
Maybe 200 bitcoins is totally good.

[Wexlike]

It depends on your lifestyle.
Maybe 200 bitcoins is totally good.

10 should be definitely enough. The question is, are your hands strong enough?

[jt byte]

i think you need only 1BTC
in future bitcoin can be rich to $10.000 
i hope 1day i can be rich

Maybe you though 1kBTC instead of 1BTC
Because with only a single bitcoin you cant to anything big in this case retiring.
With 1k it can be possible but it is still hard to believe because the price is changing dramatically each year.

you can if somehow work over 100k in US but more like will be 1000BTC for retirement for sure i would be satisfied with 100 or little more just for good retirement 

It is really early to speculate how much do we need to retire after 20 years.
But basically at the moment around 3-4BTC is needed to live within a month.
This amount can be changed in the next upcoming years because of the inflation.

[cellard]

About tree fitty.

Actually, I'd say ~200 would be good.

If we assume the price in 20 years increases by 250% then you should be fine for a while.

It's all about if bitcoin will be still usable and popular in 20 years from now.
With 200BTC you can make good money in future
But i don't think that you can retire with this amount maybe 500BTC+ at least.

That's insane. With 500 BTC you will be a massive whale. 20 years is a long, long, long time for technology. Hell 5 is. The supply is limited, 500 BTC is a lot in a 21 million (-all the bitcoin that got lost) if the demand keeps growing.

Anything around 30 BTC should make you very wealthy in the next decade. Just do the math. Only by having 1 BTC you are already a part of a very small % of the population. Once demand kicks in the price will go to mars.. simple supply and demand.

[VirosaGITS]

About tree fitty.

Actually, I'd say ~200 would be good.

If we assume the price in 20 years increases by 250% then you should be fine for a while.

It's all about if bitcoin will be still usable and popular in 20 years from now.
With 200BTC you can make good money in future
But i don't think that you can retire with this amount maybe 500BTC+ at least.

That's insane. With 500 BTC you will be a massive whale. 20 years is a long, long, long time for technology. Hell 5 is. The supply is limited, 500 BTC is a lot in a 21 million (-all the bitcoin that got lost) if the demand keeps growing.

Anything around 30 BTC should make you very wealthy in the next decade. Just do the math. Only by having 1 BTC you are already a part of a very small % of the population. Once demand kicks in the price will go to mars.. simple supply and demand.

That is true, but BTC is still bound by the line of reality. 1 BTC could be worth a nice amount, but its nothing near enough to retire. A few hundreds of them however, would be pretty nice if the price goes to 1k+ and you keep rolling it over at small profit.

[leex1528]

We can hardly predict the price of what Bitcoin will be in 2 weeks.  I doubt we can predict what it will be in 20 years.  My advice, save some Bitcoin and hope for the best, also have other retirement options as well.  Don't put all your eggs into one basket as the old saying goes.

[techboy2]

Assuming Bitcoin becomes really successful, anywhere from 250+ bitcoins to 2000+ bitcoins.

[iv4n]

We can hardly predict the price of what Bitcoin will be in 2 weeks.  I doubt we can predict what it will be in 20 years.  My advice, save some Bitcoin and hope for the best, also have other retirement options as well.  Don't put all your eggs into one basket as the old saying goes.

 You said that very well, and I agree. It's tough to make predictions, especially about the future, there is to many possibilities. And there is to many "what if...". U need more options for sure, and if one goes down u will always have other one and its the best way. We'll see what the future holds. And my answer on your question is :" Forget about retirement, have fun now".

[StarofBTC]

To be safe, get two Bitcoins.

lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be

safe side get 5

i dont think only assuming that bitcoin will rise in 20 years is a valid answer totally.

Reason:-

The above statement is only seen with positive point of view.You have left the negative point in it

Below is a chart showing bitcoin price drop and price rise



So i dont think going down with positive point only matters,you have to check negative points too.
Thats why users get in Trading.

example:- Suppose he bought a 1 BTC in 2014 when price was around $ 400(assumption) and bitcoin prices drop to $250 in 2015 is it profitable for
a retired man?

OFFCOURSE NO!!!

You have to play with market then,which you can do it through Trading

[smith coins]

Assuming Bitcoin becomes really successful, anywhere from 250+ bitcoins to 2000+ bitcoins.

The bitcoin price is really changing rapidly,
And the number of bitcoin to be retired after 20years changes too.
So i think that we should stay with time and see the changes that will happen for the next 20 years, i would not say specific number.

[SmoothCurves]

You need 1 Bitcoin.

[Callahan]

Holding btc?¿
or
trading btc?
Holding=100
Trading= 20