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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320307 times)
btvGainer
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July 26, 2016, 10:11:18 AM
 #2881

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?
Depends on how much you can afford?.The golden rule is do not put all your eggs in one bucket.You must not invest lots of money buy buying 1-2 btc would be enough
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July 26, 2016, 10:47:50 AM
 #2882

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?
Depends on how much you can afford?.The golden rule is do not put all your eggs in one bucket.You must not invest lots of money buy buying 1-2 btc would be enough
1-2 BTC will not be enough. moreover he needs a lot of funds for retirement.
I think if he has a lot of money, it is better to buy bitcoin as much as possible to fund retirement. because I believe in the future bitcoin prices will rise very high. This includes a safe way without the risk of loss, provided that you have to buy at the right time, more precisely when prices are low.
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July 26, 2016, 11:27:41 AM
 #2883

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?
Depends on how much you can afford?.The golden rule is do not put all your eggs in one bucket.You must not invest lots of money buy buying 1-2 btc would be enough
1-2 BTC will not be enough. moreover he needs a lot of funds for retirement.
I think if he has a lot of money, it is better to buy bitcoin as much as possible to fund retirement. because I believe in the future bitcoin prices will rise very high. This includes a safe way without the risk of loss, provided that you have to buy at the right time, more precisely when prices are low.

Yeah and I think we should have high volume of cons for the future so even if price doesn't go too high then still we can live comfortable life with it.
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July 26, 2016, 12:16:03 PM
 #2884

I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement

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July 26, 2016, 12:39:27 PM
 #2885

I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement

Yup that is an really good amount to have for the future, we don't know what will be the exact price of bitcoin  at that time but 100 btc will be enough for retirement.
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July 27, 2016, 06:48:43 AM
 #2886

I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement

Yup that is an really good amount to have for the future, we don't know what will be the exact price of bitcoin  at that time but 100 btc will be enough for retirement.
It is not just enough mate but more than enough, with 100 BTC, you can already live a lavish life out of it and considering that is 20 years from now the price could drastically change into your favor, we should wish that everything is well so we can all have a great future.

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July 27, 2016, 01:49:12 PM
 #2887

I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement

Yup that is an really good amount to have for the future, we don't know what will be the exact price of bitcoin  at that time but 100 btc will be enough for retirement.

how many?? it all depend on the time....
if in the time of retirement the rate is 10)$ then its not enough to have 200BTC all but if the rate touch 1000$ the 50 BTC is enough
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July 27, 2016, 02:06:03 PM
 #2888

I'm thinking that some amount of maybe 100 in bitcoin would be enough for retirement
i doubt that much money would be enough because the price of the bitcoin wont be that high, i think for my retirement i would need at least a thousand bitcoins




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July 27, 2016, 02:37:22 PM
 #2889

depends on price in 20 year for start maybe 1 btc goes to price of 1 million or just 1 cent. but let say i will go retire when i collect 50000 btc, it's enough for me. Roll Eyes
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July 27, 2016, 03:22:55 PM
 #2890

depends on price in 20 year for start maybe 1 btc goes to price of 1 million or just 1 cent. but let say i will go retire when i collect 50000 btc, it's enough for me. Roll Eyes

50000 bitcoins  Shocked its really a huge amount ! so you want to be a millionaire while retire ? 50000 btc will be more then 32 million $ as of the price of now but  Shocked Shocked after 30 year price it will be a ton, good luck for that bro !
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July 27, 2016, 05:57:14 PM
 #2891

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.
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July 27, 2016, 06:57:18 PM
 #2892

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...
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July 27, 2016, 07:49:47 PM
 #2893

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...

if that is price in 20 years I would like to have at least 50
with 50 btc and with even 2k price it's nice amount

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July 28, 2016, 05:38:18 AM
 #2894

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...

if that is price in 20 years I would like to have at least 50
with 50 btc and with even 2k price it's nice amount
i think it's up to you to select the target you want to get to 20 years to come, but my suggestion try to have a large target. it will make you become excited and working hard to get difficult targets, do not expect that prices will be higher in the future, Predict low price. so you're not disappointed if the price is really low,,

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July 28, 2016, 10:32:53 AM
 #2895

You would be good with something like 15, but of course, the more, the better Smiley .
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July 28, 2016, 11:24:00 AM
 #2896

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...

if that is price in 20 years I would like to have at least 50
with 50 btc and with even 2k price it's nice amount
i think it's up to you to select the target you want to get to 20 years to come, but my suggestion try to have a large target. it will make you become excited and working hard to get difficult targets, do not expect that prices will be higher in the future, Predict low price. so you're not disappointed if the price is really low,,

Just save as much as you can but consider your savings as the money that you can afford to lose. Anything can happen in 20 years, your bitcoins may have a great value of will become worthless so investing in a way that you can afford to lose is always advisable.
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July 28, 2016, 11:28:53 AM
 #2897

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...

if that is price in 20 years I would like to have at least 50
with 50 btc and with even 2k price it's nice amount
thats true, you would need to have a lot of bitcoins, i even doubt that 50 would be enough, you would need like 100 bitcoins at least to be able to live

 
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July 28, 2016, 12:34:50 PM
 #2898

I think with the inflation of BTC a 100 btc is a must you need to earn that much to have your life free of financial problems, but supposedly a 10 btc is great though because BTC is getting higher and higher overtime.

Suppose we get to 5k some day, then 100 bitcoin will be around 500k for your retirement. That's above average and you will enough money to live a healthy and deserved pension.
I do have to say that i won't advice to bet just on bitcoin. Make sure to have some extra cash around, just in case...

if that is price in 20 years I would like to have at least 50
with 50 btc and with even 2k price it's nice amount
thats true, you would need to have a lot of bitcoins, i even doubt that 50 would be enough, you would need like 100 bitcoins at least to be able to live
If you base your projection on the current price then 100 would not be even enough, but if bitcoin is really good in the future you would not predict base on the current price as we all know when adopters keeps increasing we might see a x10 price in the next 20 years and your bitcoins holding will have a greater value that could already give you a comfortable or even can live a lavish lifestyle.

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July 28, 2016, 05:02:05 PM
 #2899

i depend of the price of bitcoin after 20 year and also on the amount of bitcoin you held. if you have invested such a good amount of bitcoin that you consider to be support you in future and if the price of bitcoin is above 2500$ after 20 year then it will be good and may give you support in retirement.
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July 28, 2016, 05:38:02 PM
 #2900

There is nothing to be targeted in earning when get retired after 20years time. It's better to multiply as much you have as well earn through different methods help comfortable living after retirement.

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