|
haileysantos95
|
 |
March 19, 2016, 04:28:16 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
|
|
|
|
|
|
|
|
|
|
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
BitsandBites
|
|
March 19, 2016, 06:44:51 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
And if you want to live with a lot of luxury, you will also need to invest a lot more. It all comes down to how well you want to live, some people have the dream to have a very luxury retirement, while others are fine living a little more simple life. |
|
|
|
|
JessicaSe
Legendary
 Offline
Activity: 840
Merit: 1000
|
|
March 19, 2016, 09:33:03 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
And if you want to live with a lot of luxury, you will also need to invest a lot more. It all comes down to how well you want to live, some people have the dream to have a very luxury retirement, while others are fine living a little more simple life. Yes and we should also keep in mind what would be the value of bitcoin after 20 years, its not possible though to judge it , but its better if we have some higher amount then we required. |
|
|
|
|
BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
|
|
March 20, 2016, 05:57:43 AM |
|
I think I will need more then 100 btc to live a good and extra ordinary life I will try to have some more of it as I cannot take any risk at the time of retirement.
Only 100 btc? Wow, you must really live a clean and balanced life. 100 btc ? I think it is not enough to feel luxurious and happy life in the 20 years to come. we predicted prices in 20 years to come, probably only about $1000. 100 BTC = $100k. what you can get with just a $100k? even you can not buy a big house mate ? 100 BTC still lacking |
|
|
|
|
Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2310
Merit: 1176
While my guitar gently weeps!!!
|
|
March 20, 2016, 06:16:02 AM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
That's right, and maybe we should set aside bitcoin as part of our retirement fund, we should still focus on our fiat savings..bitcoin should be an extra..but that is right, its really up to you on how you want your life when you retire, and its up to how much you want to invest in bitcoin today.. |
|
|
|
|
|
MaxTax
|
|
March 20, 2016, 12:14:33 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
That's right, and maybe we should set aside bitcoin as part of our retirement fund, we should still focus on our fiat savings..bitcoin should be an extra..but that is right, its really up to you on how you want your life when you retire, and its up to how much you want to invest in bitcoin today.. I expect the price to be around 5k by then. So having 100 bitcoin would give me a a nice pension fund. I don't need much money for retirement, just enough to live a comfortable life. |
|
|
|
|
truongphi
Member
Offline
Activity: 90
Merit: 10
Mainstream For The Underground
|
|
March 20, 2016, 12:20:26 PM |
|
I don't need a lot of money to retire, given I spend less money on entertainment and travel.....When I retire I want to be entertained by travel. I need 500 BTC I need to retire in 20 years.  |
|
|
|
Hemo
Newbie
Offline
Activity: 55
Merit: 0
|
|
March 20, 2016, 12:33:04 PM |
|
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?
Maybe ~ BTC200  |
|
|
|
|
|
armansolis593
|
|
March 20, 2016, 01:25:08 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
That's right, and maybe we should set aside bitcoin as part of our retirement fund, we should still focus on our fiat savings..bitcoin should be an extra..but that is right, its really up to you on how you want your life when you retire, and its up to how much you want to invest in bitcoin today.. I expect the price to be around 5k by then. So having 100 bitcoin would give me a a nice pension fund. I don't need much money for retirement, just enough to live a comfortable life. Me too,when you are old you dont need to much money as you only want to live a simple yet peaceful life. but if you retire young then you would need a lot of money. |
|
|
|
|
|
tampazeus
|
|
March 20, 2016, 02:18:30 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
That's right, and maybe we should set aside bitcoin as part of our retirement fund, we should still focus on our fiat savings..bitcoin should be an extra..but that is right, its really up to you on how you want your life when you retire, and its up to how much you want to invest in bitcoin today.. I expect the price to be around 5k by then. So having 100 bitcoin would give me a a nice pension fund. I don't need much money for retirement, just enough to live a comfortable life. Me too,when you are old you dont need to much money as you only want to live a simple yet peaceful life. but if you retire young then you would need a lot of money. Even old people have a dream of living lavish and luxury life totally depends on individual how he wants to live and its always good to hold more amount of coins. |
|
|
|
|
|
Nextgen
|
|
March 20, 2016, 02:18:49 PM |
|
Its really up to you on how many and how are you planning to retire,if you want to live a simple life when you retire then you dont need much.
That's right, and maybe we should set aside bitcoin as part of our retirement fund, we should still focus on our fiat savings..bitcoin should be an extra..but that is right, its really up to you on how you want your life when you retire, and its up to how much you want to invest in bitcoin today.. I expect the price to be around 5k by then. So having 100 bitcoin would give me a a nice pension fund. I don't need much money for retirement, just enough to live a comfortable life. Me too,when you are old you dont need to much money as you only want to live a simple yet peaceful life. You cant live a peaceful life just by not working(retired) and needing less money.It depends if you have a own house and most of the basic needs and not want to move somewhere else ,particularly to a high standard economy. I expect the price to be around 5k by then. So having 100 bitcoin would give me a a nice pension fund.
How ? It could happen if we see Bitcoin banks or else there would be no pensions or bonds and the premium would remain the same unless you exchange or invest. |
|
|
|
|
|
jkrules
|
|
March 20, 2016, 02:19:33 PM |
|
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?
Maybe ~ BTC200 Depending how much you spend right in your retired years. I'd probably want 50 btc if not more lol. Cause more never hurts, if anything it just makes you able to do more things. |
|
|
|
|
SquallLeonhart
Legendary
Offline
Activity: 2324
Merit: 1101
|
|
March 20, 2016, 03:27:46 PM |
|
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?
Maybe ~ BTC200 Depending how much you spend right in your retired years. I'd probably want 50 btc if not more lol. Cause more never hurts, if anything it just makes you able to do more things. Yeah and we should be also prepared with worst scenario we might face if the value is low in future so its always best thing to hold maximum number of coins. |
|
|
|
|
|
bitlancr
|
|
March 21, 2016, 02:51:01 PM |
|
I think I will need more then 100 btc to live a good and extra ordinary life I will try to have some more of it as I cannot take any risk at the time of retirement.
Only 100 btc? Wow, you must really live a clean and balanced life. 100 btc ? I think it is not enough to feel luxurious and happy life in the 20 years to come. we predicted prices in 20 years to come, probably only about $1000. 100 BTC = $100k. what you can get with just a $100k? even you can not buy a big house mate ? 100 BTC still lacking That will be depending on the value. And that is really hard to predict, because you never know what will happen with the value and that is the problem. I hope that it will be more worth later, and that many people are going to use it. But you need a lot of coins. |
|
|
|
|
romero121
Legendary
Offline
Activity: 3164
Merit: 1213
|
|
March 21, 2016, 03:04:31 PM |
|
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?
Maybe ~ BTC200 Depending how much you spend right in your retired years. I'd probably want 50 btc if not more lol. Cause more never hurts, if anything it just makes you able to do more things. Yeah and we should be also prepared with worst scenario we might face if the value is low in future so its always best thing to hold maximum number of coins. Well said if we are in the best side no matter what happens, with the increased price we can have a good life, but its really important to consider the worst scenario and get prepared to meet it. I believe we can be prepared but such situation won't happen. |
|
|
|
|
sallymeeh27
Full Member
Offline
Activity: 210
Merit: 100
www.secondstrade.com - 190% return Binary option
|
|
March 21, 2016, 05:26:27 PM |
|
It is a good thing that you are actually thinking of your future. We cannot say how much bitcoin do you need right now once you retire in 20 years. I believe so that how you can have will depend on your future, and this is also upon the price value of bitcoin in the future..
|
|
|
|
Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
|
|
March 21, 2016, 07:46:46 PM |
|
I would like to have as much as I can
simple the more the better
|
|
|
|
|
bitcoin-hunter
|
|
March 22, 2016, 09:18:08 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?
Maybe ~ BTC200 Depending how much you spend right in your retired years. I'd probably want 50 btc if not more lol. Cause more never hurts, if anything it just makes you able to do more things. Yeah and we should be also prepared with worst scenario we might face if the value is low in future so its always best thing to hold maximum number of coins. Well said if we are in the best side no matter what happens, with the increased price we can have a good life, but its really important to consider the worst scenario and get prepared to meet it. I believe we can be prepared but such situation won't happen. That is really hard to say. Because you never know what will happen with the value, because it is a currency and you cant predict that. So that is quite hard and bad. But we all hope of course that the value will be very high in the future. |
|
|
|
|
goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
|
|
March 22, 2016, 09:28:24 AM |
|
I would like to have as much as I can
simple the more the better
The more the better is cool. But it should not stay as bitcoin also. Get the profit from it and start saving it as fiat. Leave the bitcoins that you have left at start then let it grow again. Then let that happen for many years and that would be a great income. |
|
|
|
|
Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2310
Merit: 1176
While my guitar gently weeps!!!
|
|
March 22, 2016, 09:38:52 AM |
|
I would like to have as much as I can
simple the more the better
The more the better is cool. But it should not stay as bitcoin also. Get the profit from it and start saving it as fiat. Leave the bitcoins that you have left at start then let it grow again. Then let that happen for many years and that would be a great income. That is right, save your profit in fiat, divide your bitcoin into two parts, the other part, convert it into fiat and the other part, invest it and again, divide the profit into two..one part for fiat and the other bitcoin.. |
|
|
|
|
|
