zodiac3011
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November 30, 2015, 12:40:38 PM |
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I think 100BTC is enough for retire in 20 years you can buy anything, and you can life with your wife without think abot "job" you can waste your money you cannot if the price of bitcoin is about 1-2 thousand bucks you need some more... who knows whether you gonna caught a disease or something
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Legoiniel
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November 30, 2015, 01:06:09 PM |
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I wouldn't be able to answer this question since i don't really know what the value will be in 20 years.
I think it's hard to say for anyone and i don't anyone has a solid answer for this
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zodiac3011
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November 30, 2015, 01:13:05 PM |
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I wouldn't be able to answer this question since i don't really know what the value will be in 20 years.
I think it's hard to say for anyone and i don't anyone has a solid answer for this
yeah we just all sits here and speculate the amount but this might turn out to be correct! who knows it all depends on where you live and how bitcoin's adoption, the halvings, world events affect the price
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Nameless Coin
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November 30, 2015, 03:40:12 PM |
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It depends if the bitcoin in 20 years is still good. But if it increase I will just have 100 BTC is a good amount of BTC.
W will see what happend in 20 years.
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Oscoda
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November 30, 2015, 04:12:53 PM |
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I wouldn't be able to answer this question since i don't really know what the value will be in 20 years.
I think it's hard to say for anyone and i don't anyone has a solid answer for this
yeah we just all sits here and speculate the amount but this might turn out to be correct! who knows it all depends on where you live and how bitcoin's adoption, the halvings, world events affect the price Very true everyone saying 1 or 2 bitcoins other say 100 bitcoins or more, but actually you can't say it like that. You don't know what the price well be.
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Snipe85
Sr. Member
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Merit: 250
Infleum
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November 30, 2015, 05:19:32 PM |
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I wouldn't be able to answer this question since i don't really know what the value will be in 20 years.
I think it's hard to say for anyone and i don't anyone has a solid answer for this
yeah we just all sits here and speculate the amount but this might turn out to be correct! who knows it all depends on where you live and how bitcoin's adoption, the halvings, world events affect the price Very true everyone saying 1 or 2 bitcoins other say 100 bitcoins or more, but actually you can't say it like that. You don't know what the price well be. It's not that hard to predict. If Bitcoin doesn't disappear completely its price will be higher than it is at the moment. So your retirement fund will be worth at least $400 per coin or $0. If you're willing to invest it means you believe in the coin, so the mentioned 0 is not an option to you. For me just 20 coins would be enough even if the price never goes above $500.
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extrabyte
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November 30, 2015, 09:52:51 PM |
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Since the number of bitcoins is being cut of 50% every 4 years the price will be increased everytime but 1,000BTC i think are enough.
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Most
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December 01, 2015, 06:41:08 AM |
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d say 200 would get you in the safe side. Each should be worth $10k by then.
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Amph
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December 01, 2015, 07:42:47 AM |
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Since the number of bitcoins is being cut of 50% every 4 years the price will be increased everytime but 1,000BTC i think are enough.
by the look of this, i would increase my buying every 4 years until 2028 when the supply will be worthless to determinate the impact on the market for every new stable price i would increase my price, so you see at 230 then now at 350, until the price is too high and i can not add many coins anymore
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inget
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December 01, 2015, 08:39:20 AM |
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In my honest suggestion, try to get as much as you can.but at least 100 BTC.
Then go the the church and pray bitcoin will rise high.. very high.
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Omegasun
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December 01, 2015, 08:45:09 AM |
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d say 200 would get you in the safe side. Each should be worth $10k by then.
In 20 years, the price of each bitcoin will be over $100k, if bitcoin is still there. So with 100 bitcoin, you can retire happily.
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HarryKPeters
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December 01, 2015, 09:27:08 AM |
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100 BTC is a solid answer. I guess my current aim of 50BTC in 2016 is on the low side.
Let's hope the price goes back to 320 again so we can accumulate.
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Denker
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December 01, 2015, 12:51:29 PM |
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In my honest suggestion, try to get as much as you can.but at least 100 BTC.
Then go the the church and pray bitcoin will rise high.. very high.
Why go to church and pray? This conveys the impression that this person went all in Bitcoin. That is a very risky game. I agree that accumulating as much as possible is a good advice.But only with affordable money I'd say! Don't put all eggs in one basket!
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Ulloa
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December 01, 2015, 01:45:32 PM |
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In my honest suggestion, try to get as much as you can.but at least 100 BTC.
Then go the the church and pray bitcoin will rise high.. very high.
Why go to church and pray? This conveys the impression that this person went all in Bitcoin. That is a very risky game. I agree that accumulating as much as possible is a good advice.But only with affordable money I'd say! Don't put all eggs in one basket! Yeah bitcoin is not that safe after all maybe just 50% of the money as bitcoin and the other 50% to your personal bank. Just to be safe.
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zodiac3011
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December 01, 2015, 02:14:42 PM |
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In my honest suggestion, try to get as much as you can.but at least 100 BTC.
Then go the the church and pray bitcoin will rise high.. very high.
Why go to church and pray? This conveys the impression that this person went all in Bitcoin. That is a very risky game. I agree that accumulating as much as possible is a good advice.But only with affordable money I'd say! Don't put all eggs in one basket! Yeah bitcoin is not that safe after all maybe just 50% of the money as bitcoin and the other 50% to your personal bank. Just to be safe. that's still quite dangerous actually... How about inflation of the real fiat? That's will cause the value of real money to drop which be a problem. 20 years... who knows how much value the money you have saved lost?
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bitcoin-hunter
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December 01, 2015, 02:37:28 PM |
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To retire in 20 years that will be a long time so if I was you just collect a couple of bitcoins and just hold it.
But we can't tell what will happen in year 2035.
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zodiac3011
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December 01, 2015, 02:54:33 PM |
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To retire in 20 years that will be a long time so if I was you just collect a couple of bitcoins and just hold it.
But we can't tell what will happen in year 2035.
A couple? In my opinion you need 300-400 BTC to guarantee your retirement. a couple of bitcoins are just too small
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ultimatesky
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December 01, 2015, 02:57:48 PM |
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To retire in 20 years that will be a long time so if I was you just collect a couple of bitcoins and just hold it.
But we can't tell what will happen in year 2035.
A couple? In my opinion you need 300-400 BTC to guarantee your retirement. a couple of bitcoins are just too small Well, I think this also depends on how much the bitcoin will be worth around the time you're going to retire.
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zodiac3011
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December 01, 2015, 03:14:55 PM |
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To retire in 20 years that will be a long time so if I was you just collect a couple of bitcoins and just hold it.
But we can't tell what will happen in year 2035.
A couple? In my opinion you need 300-400 BTC to guarantee your retirement. a couple of bitcoins are just too small Well, I think this also depends on how much the bitcoin will be worth around the time you're going to retire. I think the furthest it can go is around $2000 but who knows may be 3000-4000. You still need some amount when your health has some problem
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Amph
Legendary
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Merit: 1070
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December 01, 2015, 03:48:36 PM Last edit: December 01, 2015, 06:29:00 PM by Amph |
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To retire in 20 years that will be a long time so if I was you just collect a couple of bitcoins and just hold it.
But we can't tell what will happen in year 2035.
A couple? In my opinion you need 300-400 BTC to guarantee your retirement. a couple of bitcoins are just too small Well, I think this also depends on how much the bitcoin will be worth around the time you're going to retire. I think the furthest it can go is around $2000 but who knows may be 3000-4000. You still need some amount when your health has some problem then no one can retire with such amount, because bitcoin is limited, and not everybody can have 300-400 coins it should be possible to retire in a very far future even with 10 btc, so this can permit to many more people to retire and not early aodpters only
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