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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320349 times)
Struble
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November 23, 2015, 04:29:22 PM
 #1081

It actually depends on how much the bitcoin will be worth at the time you'll be retiring and how much it will be worth in the future.

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November 23, 2015, 04:43:48 PM
 #1082

If you believe that the bitcoin will be worth 10.000 usd someday, you wont need much.

All these speculations are so different from each other. You can't expect it to be 1 million in a couple of years. That's just not realistic.

It may his 10.000 someday but who's to say it will stay at 10.000 usd?

Actually I do believe Bitcoin will be $10k in ten or fifteen years, so 200 BTC will be more than enoygh for me. The question is where (or how?) can I get 200 BTC though. )

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November 26, 2015, 08:28:03 AM
 #1083

if you want a rich life, i think you need over 500 bitcoins.

Simple life don't cost much. Save up to 100 bitcoins and you will have enough. Considering the btc price will be around 4000/5000k

Damn! dude that is alot of bitcoin I wish I could have that and have a rich life. if Bitcoin was 1 dollar maybe I have bought it.

That will be very difficult to do.

btc was one dollar but that was long time ago when no one knew that it will be this big



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bitcoin-hunter
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November 26, 2015, 09:00:56 AM
 #1084

if you want a rich life, i think you need over 500 bitcoins.

Simple life don't cost much. Save up to 100 bitcoins and you will have enough. Considering the btc price will be around 4000/5000k

Damn! dude that is alot of bitcoin I wish I could have that and have a rich life. if Bitcoin was 1 dollar maybe I have bought it.

That will be very difficult to do.

btc was one dollar but that was long time ago when no one knew that it will be this big


Yeah I know it was at April 2011. Well that time only a couple of people knew about bitcoin.

Well now the bitcoin price is around 340 US Dollar so I am glad.
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November 26, 2015, 09:06:03 AM
 #1085

if you want a rich life, i think you need over 500 bitcoins.

Simple life don't cost much. Save up to 100 bitcoins and you will have enough. Considering the btc price will be around 4000/5000k

You'll never know for sure if it will be around 4k by the time you're retiring. So you can't completely rely on bitcoins for your retirement.

Maybe invest into some other stuff as well as a back up plan would be nice too.

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November 26, 2015, 10:40:25 AM
 #1086

if you want a rich life, i think you need over 500 bitcoins.

Simple life don't cost much. Save up to 100 bitcoins and you will have enough. Considering the btc price will be around 4000/5000k

You'll never know for sure if it will be around 4k by the time you're retiring. So you can't completely rely on bitcoins for your retirement.

Maybe invest into some other stuff as well as a back up plan would be nice too.

Ya and also how can you get 500 Bitcoin is just to much.

How do you earn Bitcoin then(ThunderThomas)? I am just wondering.
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November 26, 2015, 01:26:12 PM
 #1087

if you want a rich life, i think you need over 500 bitcoins.

Simple life don't cost much. Save up to 100 bitcoins and you will have enough. Considering the btc price will be around 4000/5000k

You'll never know for sure if it will be around 4k by the time you're retiring. So you can't completely rely on bitcoins for your retirement.

Maybe invest into some other stuff as well as a back up plan would be nice too.
I could expect bitcoin price to be at about 1k or 2k by the time I retired. Honestly there must be some factors that pumps the price up and I think it is the halving so there will be 2-3 halving before I retire so yeah... that's what I'm think Grin
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November 26, 2015, 01:49:36 PM
 #1088

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
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November 26, 2015, 02:22:16 PM
 #1089

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
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November 26, 2015, 02:30:32 PM
 #1090

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
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November 26, 2015, 02:32:38 PM
 #1091

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast
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November 26, 2015, 02:39:41 PM
 #1092

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast

But having 1000BTC that will take a long time. I don't know where to get that amount of bitcoin.

Oh well in my country 50 BTC is just enough I think.
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November 26, 2015, 02:51:13 PM
 #1093

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast

But having 1000BTC that will take a long time. I don't know where to get that amount of bitcoin.

Oh well in my country 50 BTC is just enough I think.
earn your money in real world then buy it, save the BTC amount you earn online,... That's how you can get 1000btc I think. 50BTC in any contries is just enough to live In my opinion
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November 26, 2015, 04:03:46 PM
 #1094

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast

But having 1000BTC that will take a long time. I don't know where to get that amount of bitcoin.

Oh well in my country 50 BTC is just enough I think.
earn your money in real world then buy it, save the BTC amount you earn online,... That's how you can get 1000btc I think. 50BTC in any contries is just enough to live In my opinion

Yeah I think it too, because let say if you have 50BTC and you want to retire at 45 years old.
If you are lucky Bitcoin can be at 10K BTC so if  you are 20 yeard old you have enought time getting alot of bitcoin.
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November 26, 2015, 04:05:13 PM
 #1095

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast

But having 1000BTC that will take a long time. I don't know where to get that amount of bitcoin.

Oh well in my country 50 BTC is just enough I think.
earn your money in real world then buy it, save the BTC amount you earn online,... That's how you can get 1000btc I think. 50BTC in any contries is just enough to live In my opinion

Yeah I think it too, because let say if you have 50BTC and you want to retire at 45 years old.
If you are lucky Bitcoin can be at 10K BTC so if  you are 20 yeard old you have enought time getting alot of bitcoin.
Yeah if you are 20 years old you surely can make a lot of bitcoin
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November 26, 2015, 04:24:21 PM
 #1096

To reitire with in 20 years just collect alot of Bitcoin as you can.

Beause I bet that in 20 years Bitcoin will increase 5K +.
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November 26, 2015, 06:03:30 PM
 #1097

Depends what you're planning to do after two years of retirement. If you're planning to buy a house by the beach and spend rest of your live drinking campaign on the shores you need to get a clear idea on how long are you planning to do this.You can live upto 30 more years and just relax rest of your life or plan to still have money or investments which will work .You can always have assets to invest in the future.All these roughly would come around 10,000 btc's? Also this guarantee's a secure future with your assets.
Well In my country about 4000-5000 is rather more than enough to do that according to the current price Grin not to mention the price when I retire
Nice! In my country around 1000 btc's are enough after retirement to live a good healthy life for about 10-20 years which average life style.Our government doesn't really provide any advantages but we can invest some money in real estate which will be four times after 5 years and the returns will be enough to relax for other 10 years.
yeah 1000 is enough if you don't need a luxurious lifestyle at all. But real estate is hard to tell whether you can make profit from it because things can go wrong fast

But having 1000BTC that will take a long time. I don't know where to get that amount of bitcoin.

Oh well in my country 50 BTC is just enough I think.
earn your money in real world then buy it, save the BTC amount you earn online,... That's how you can get 1000btc I think. 50BTC in any contries is just enough to live In my opinion

no sense, if you can get 1k bitcoin right now it's mean that you are very rich already(350k + saving probably), usually those that can acquire so much bitcoin are big investor that are heavily in speculation

not certainly average joe...
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November 26, 2015, 06:16:22 PM
 #1098

Invest quarter of one of your monthly salaries, and it should be enough Smiley
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November 26, 2015, 07:33:16 PM
 #1099

Invest quarter of one of your monthly salaries, and it should be enough Smiley

with the block halving in mind, you will end up getting less coins month on month for the same amount of money as the price is going higher and higher. smart people have bought the amount that they wanted when the price was at $200.
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November 26, 2015, 08:08:59 PM
 #1100

Well smart or no we will see in the future about it ,the most havent bought because out of funds ans well end of year is coming soo they spended already their money .Anyway im pretty sure with the current bitcoin value around 100 to 150bitcoins should be enought to retire.
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