BitcoinPaw
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August 25, 2016, 06:03:36 PM |
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I think it's very huge amount of coins, anyway you need to tell us what prices do you have in your country, and other stuff to calcualte, very hard to say without it.
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vero
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August 25, 2016, 06:46:45 PM |
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I think it's very huge amount of coins, anyway you need to tell us what prices do you have in your country, and other stuff to calcualte, very hard to say without it.
did you've seen the difference in price is far from any exchange, I do not think it's just a little difference so all is determined solely by how much the price per one bitcoin in the future.
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ronaldo40
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August 25, 2016, 06:52:20 PM |
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If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job. Actually that works for me. i already have 3btc and counting for just 1 year. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 40-50 BTC, might be enough if you live alone, But do you not think, when you become old, you will have many children and grandchildren. so at least you need a lot of money for the future. but depending on the price of bitcoin in the future, if at least could reach $5k-10k, 40-50btc highly enough for the future.
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BitMaxz
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August 25, 2016, 07:07:10 PM |
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If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job. Actually that works for me. i already have 3btc and counting for just 1 year. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 40-50 BTC, might be enough if you live alone, But do you not think, when you become old, you will have many children and grandchildren. so at least you need a lot of money for the future. but depending on the price of bitcoin in the future, if at least could reach $5k-10k, 40-50btc highly enough for the future. I think even here in my country too 40-50 btc is enough even this present price you can be millionaire. It depends how they are manage the btc or money.. before you retire better to start a good business or investment so that children and grand children can also get those benefits.
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dandroid
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August 25, 2016, 07:12:57 PM |
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Something around 50 btc may be enough, but it is not so easy to reach that amount.
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Haliburton
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August 25, 2016, 07:23:59 PM |
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This would be a difficult question to answer because everybody's situation is different thus causing you to rethink how much you will need everytime the value of bitcoin changes. It could be 100btc one day while the next time it changes it could be 120btc. It varies too much to give a definite number. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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twerdefnce
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August 25, 2016, 07:29:45 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. I don't know why you're recommending for him to put some money into a mining service. Investing in cloud mining is literally betting against the network and assuming that the overall hashing power is going to go down over the time that you have your contract, and that's already an unlikely bet. On top of the fact that a majority of mining services turn out to be scams in one way or the other. I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit. What calculations you made on cloud mining man.Most cloud mining are totally scam and are ponzi schemes and investing money there means lost of all the money and we are talking about 20 years later and no one of the cloud mining sites running today will last that longer . Exactly and if you believe that cloud mining sites will operate for next 20 years then that will never happen, in fact they will run away in short term when they find enough investors. yeah, thats why i never invest into them because i know that they will all the time turn to a scam in my opinion
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starboyshuvo
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August 25, 2016, 07:47:43 PM |
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i need atleast 100
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purebitco
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August 25, 2016, 10:06:15 PM |
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In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.
I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates... yes we have no idea about that what will be the price or value of 30 bitcoin after 20 years, and what is the need of a person for spending a good life. some people spend simple life and they can compromise with a little amount of money. therefore we cannot predict about the amount of bitcoin for a person to be fulfill for his retirement after 20 years. it is possible to predict it more or less, i feel that the price should be going up a lot in the near future and it should be enough to have like 100 bitcoins
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mirakal
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August 26, 2016, 08:56:26 AM |
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In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.
I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates... yes we have no idea about that what will be the price or value of 30 bitcoin after 20 years, and what is the need of a person for spending a good life. some people spend simple life and they can compromise with a little amount of money. therefore we cannot predict about the amount of bitcoin for a person to be fulfill for his retirement after 20 years. it is possible to predict it more or less, i feel that the price should be going up a lot in the near future and it should be enough to have like 100 bitcoins That's a great value in the coming years especially you are talking of 20 years, with 100 BTC you could build a good house already if bitcoin will still exist that time, we have no assurance it will happen so we are just believing on the future of bitcoin and it is like gambling for me. Let us just hope our dreams will come into reality.
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Schuyler
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August 26, 2016, 10:12:40 AM |
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Something around 50 btc may be enough, but it is not so easy to reach that amount.
That would still depend on how much bitcoin is at that time and what kind of lifestyle you choose to live. If ever you plan on retiring after 20 years, you would need to acquire an average of two and a half bitcoins a year. That's really not hard to accomplish if you are regularly buying and earning bitcoins.
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JITENDERPAR3
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August 26, 2016, 11:04:59 AM |
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i think to hold a bulk amount of btc is not safe because there is also a chance that country in which you live will ban the use of bitcoins than what will happwn you will sell your btc at kow price . so if you are looking to hold much btc for 20 year for profit then left your idea .
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adibe
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August 26, 2016, 11:41:46 AM |
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20 years is very long long time and i think you will need more than 100 bitcoins for the next 20 years, but you also need to count how many the percentage of the inflation on that years and many things.
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gandame
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August 26, 2016, 12:02:52 PM |
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That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
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theshiki
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August 26, 2016, 07:27:50 PM |
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The number of bitcoins will depend on the kind of life style you would want to live...you can consider using the bitcoins to set up your own company(s) maybe set up a family farm....The options are endless ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) otherwise between 100-10000 bitcoins things should be okay for a retired bitcoiner ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ajun96
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August 26, 2016, 10:30:10 PM |
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That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
if you know that we can not predict the price of bitcoin in the future. is it very high or low prices. therefore you should keep more bitcoin than usual. may be more than 200 BTC. The question is is it you can reach it?
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mirakal
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August 27, 2016, 06:43:03 AM |
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That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
if you know that we can not predict the price of bitcoin in the future. is it very high or low prices. therefore you should keep more bitcoin than usual. may be more than 200 BTC. The question is is it you can reach it? The answer is always yes if you are discipline enough to save, as long as you are earning bitcoin there is no reason for you that you cannot save any amount of it, slow but constant savings would help to reach your target, and we should be serious with our savings as we are talking of our future here.
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Searing
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August 27, 2016, 06:44:43 AM |
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I'm hoping 100 BTC because I have 100 BTC.....*just saying*
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milewilda
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August 27, 2016, 09:52:08 AM |
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That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
if you know that we can not predict the price of bitcoin in the future. is it very high or low prices. therefore you should keep more bitcoin than usual. may be more than 200 BTC. The question is is it you can reach it? The answer is always yes if you are discipline enough to save, as long as you are earning bitcoin there is no reason for you that you cannot save any amount of it, slow but constant savings would help to reach your target, and we should be serious with our savings as we are talking of our future here. If you intend to save for the future purposes then you must set a goal so that you would obliged yourself to save even small amount atleast and make it sure you wont forget such thing no matter what because you could really use it anytime soon. Having goal would really pursue you to save.
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stromma44
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August 27, 2016, 09:56:14 AM |
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That is long years but i think you need 200 bitcoin to do that and wait the bitcoin price up. Maybe in that years you have a lot of bitcoin and you can buy what you want for your retirement. All is nothing can say because we are not sure if bitcoin up or dump. If bitcoin up your are very lucky but if bitcoin dump better luck next time.
if you know that we can not predict the price of bitcoin in the future. is it very high or low prices. therefore you should keep more bitcoin than usual. may be more than 200 BTC. The question is is it you can reach it? The answer is always yes if you are discipline enough to save, as long as you are earning bitcoin there is no reason for you that you cannot save any amount of it, slow but constant savings would help to reach your target, and we should be serious with our savings as we are talking of our future here. If you intend to save for the future purposes then you must set a goal so that you would obliged yourself to save even small amount atleast and make it sure you wont forget such thing no matter what because you could really use it anytime soon. Having goal would really pursue you to save. Yeah having a goal is very important so that we can start working to achieve it, my goal is to have at least 50 btc in my wallet for future and if I exceed that amount then it will be a bonus for me.
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