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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320306 times)
bitcoin-hunter
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November 17, 2015, 03:19:03 PM
 #1001

Get 1BTC per 2 months and I thing in 20 year you can retire peacefully Cheesy

Actually that is a great idea to do.
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November 17, 2015, 03:31:11 PM
 #1002

A good motivation for long term holders is looking at Warren Buffet long term investments, that guy was a beast of buy and hold and it paid off every single time. If you invested with Buffet in Berkshire Hathaway in 1964, your $1,000 would be $10.5 million now. He also invested in Coke when it was 3$ a share, and still holds his stock years later which is worth billions.
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November 18, 2015, 05:58:26 AM
 #1003

I'm not sure if Bitcoin will have additional 20 years. Is it not possible to destroy the Bitcoin with quantum computing?
Than other projects that are quantum computing resistant will probably take the lead.

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November 18, 2015, 06:16:10 AM
 #1004

maybe you need only 1bitcoin Smiley
if you sure bitcoin rate can up to $100.000 Roll Eyes

but i prefered you to save ~50btc

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November 18, 2015, 07:43:14 AM
 #1005

if see the current price i think you will need at least 3000 btc or more for your 20 years retired probably for some people that amount is pretty much
but 20 years is not a short time

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November 18, 2015, 09:53:18 AM
 #1006

Get 1BTC per 2 months and I thing in 20 year you can retire peacefully Cheesy

Actually that is a great idea to do.

new suggestion buy 1 every month for one whole year you will get rich for 20 years if holding



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November 18, 2015, 09:57:12 AM
 #1007

I have to prepare as much as possible bitcoin for the next 20 years, maybe I need is 100 BTC if the price of BTC at the time it was over $ 1,000 and if the financial world remains normal as it is now  Smiley

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November 18, 2015, 10:09:09 AM
 #1008

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue



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November 18, 2015, 11:37:37 AM
 #1009

lets see bitcoin price now,its almost $300 and more,depending that price,you need 200BTC and more,for 20 years,it will very enough if bitcoin price year to year is going up,touch until $500 per bitcoin,but if bitcoin price going down year to year,you need more bitcoin.
just take a middle,if bitcoin price stagnant,than you need 500BTC for 20 year.
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November 18, 2015, 01:12:24 PM
 #1010

Yust buy 2 BTC a year and if you are lucky that BTC increase in 20 years.

Than you have a awesome retirement.
Why just 2 BTC ? if in 20 years bitcoin price $10k and you just have 2 Btc, and many people have a lot bitcoin there you will regret not having many bitcoin. Tongue

I say buy as much as you can, Bitcoin is pretty much here to stay now. The value of bitcoin isn't going down in the long run. As for bitcoin being $10k a pop in 20 years. I think you don't think you know how many times bitcoin has doubled in price in the last five years. I mean it started being worth nothing and now it has grew to $300 a pop. That's just in five years. If the same pattern continues, I think that we'll all be rich boys.


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November 18, 2015, 02:16:59 PM
 #1011

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue

i doubt, to retire you need 1M at least or 500k, even if bitcoin would reach 1M per coin a fraction of it let's say 0.1 or 0.01 are not enough to retire in any case
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November 18, 2015, 04:06:50 PM
 #1012

I'm not sure if Bitcoin will have additional 20 years. Is it not possible to destroy the Bitcoin with quantum computing?
Than other projects that are quantum computing resistant will probably take the lead.

First of all quantum computing is not that close to come as some may think.
And secondly there is the possibility to switch to another hash algo if needed.
I wouldn't worry too much about that.
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November 18, 2015, 04:27:49 PM
 #1013

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue

i doubt, to retire you need 1M at least or 500k, even if bitcoin would reach 1M per coin a fraction of it let's say 0.1 or 0.01 are not enough to retire in any case

If you want to live on the streets and be poor, yes you need 1 Million to retire.  If you want to have a decent life you probably are looking around 3-5 million.  You are going to need more than 100 coins in order to get that amount.  Good luck!
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November 18, 2015, 05:02:06 PM
 #1014

Well 20 years is a long time you can buy 0.5 BTC every 3 months.

And with that you can retire. Maybe over 20 years BTC is 1500USD plus.
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November 18, 2015, 07:17:21 PM
 #1015

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue

i doubt, to retire you need 1M at least or 500k, even if bitcoin would reach 1M per coin a fraction of it let's say 0.1 or 0.01 are not enough to retire in any case

If you want to live on the streets and be poor, yes you need 1 Million to retire.  If you want to have a decent life you probably are looking around 3-5 million.  You are going to need more than 100 coins in order to get that amount.  Good luck!

what no... i need only 5k per year to live in a decent house with a decent life, so 500k is more than enough for me

you need 3-5 million if you want to hire whores every night...
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November 19, 2015, 08:13:05 AM
 #1016

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue

i doubt, to retire you need 1M at least or 500k, even if bitcoin would reach 1M per coin a fraction of it let's say 0.1 or 0.01 are not enough to retire in any case

If you want to live on the streets and be poor, yes you need 1 Million to retire.  If you want to have a decent life you probably are looking around 3-5 million.  You are going to need more than 100 coins in order to get that amount.  Good luck!

what no... i need only 5k per year to live in a decent house with a decent life, so 500k is more than enough for me

you need 3-5 million if you want to hire whores every night...

my cost of live per month only $120-$150 so i need only $1440-$1800
so i think 1M is very enough for me

"every people live and life at different place, also diffirent lifestyle back to your lifestyle, if you like spree you will need more money for retirement"

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November 19, 2015, 08:24:10 AM
 #1017

hopefully btc is so high from halving in 20 years that we dont even use 1 btc but instead fractions  Tongue

i doubt, to retire you need 1M at least or 500k, even if bitcoin would reach 1M per coin a fraction of it let's say 0.1 or 0.01 are not enough to retire in any case

If you want to live on the streets and be poor, yes you need 1 Million to retire.  If you want to have a decent life you probably are looking around 3-5 million.  You are going to need more than 100 coins in order to get that amount.  Good luck!

what no... i need only 5k per year to live in a decent house with a decent life, so 500k is more than enough for me

you need 3-5 million if you want to hire whores every night...

my cost of live per month only $120-$150 so i need only $1440-$1800
so i think 1M is very enough for me

"every people live and life at different place, also diffirent lifestyle back to your lifestyle, if you like spree you will need more money for retirement"

that's cheap you can practically live with signature campaign only, i know that i can if i was in your position
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November 19, 2015, 08:25:48 AM
 #1018

I think you wont need more than 5 bitcoin. Heck, even 2, if you're serious about 20 year period.
I currently hold somewhere between 30 and 50 Smiley 50 is the biggest BTC amount I've had
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November 19, 2015, 08:30:56 AM
 #1019


my cost of live per month only $120-$150 so i need only $1440-$1800
so i think 1M is very enough for me

"every people live and life at different place, also diffirent lifestyle back to your lifestyle, if you like spree you will need more money for retirement"

that's cheap you can practically live with signature campaign only, i know that i can if i was in your position

at this time NO
my max earning ~$46.2 (if i can max post)
i have other job, and bitcoin is my side job

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November 19, 2015, 08:32:05 AM
 #1020

Probably you can get done with 100 BTC, if you imagine a price of around 5000 each Bitcoin.
That would be awesome!

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