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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320306 times)
eddyubachs
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October 15, 2016, 05:40:41 PM
 #3301

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

It depends on the price of bitcoin at that time to decide if how many bitcoins someone would need to retire in 20 years, because if the price of bitcoin would be quite high at that time then he would probably need less bitcoins while if it stays quite low he would need more.
No mate, we need to decide now, and maybe we need to start saving now. We cannot ascertain the future so we need to just predict the future, do not consider that value as it will just come. What is important that you should do is just to save more bitcoin as you can.

Agreed, we need to save as much as we can as we don't know whether price will be higher or lower in future but on  the other hand it will also depend on the price of bitcoin after 20 years, if price reaches to the moon then even less number of coins would be sufficient.
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October 15, 2016, 05:55:37 PM
 #3302

I will need million of bitcoins to do retire because  want to save my country from crisis and have money for everthing.

Yep, RUR, CNY?

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October 15, 2016, 05:57:01 PM
 #3303

well it really depends on the bitcoin price so we cannot estimate how much money would you need then, also i think that 5 bitcoins might be enough
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October 15, 2016, 06:03:54 PM
 #3304

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

I think it will not depend on the quantity of the bitcoin but it will be depended on the value of bitcoin if the value of bitcoin will be much more then we will not need to collect thousands and millions of bitcoins but if the value will lesser then we will need a higher amount of bitcoins.
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October 16, 2016, 12:00:26 AM
 #3305

You will need a lot of bitcoin probably cause I think in 20 years the price will be dumped down cause bitcoin will probably have died out.
The cryptocurrency is still fresh so expect competition eventually it will be beat.
it's depends on how bitcoin price in few years ahead will be
if then bitcoin price worth to more than $10,000 per coin you only need a couple bitcoin
but if then bitcoin price get dumped like what you say , your investment today will mean nothing
but i just keep believing in bitcoin that soon or later bitcoin will be more than just about the price , it's about the future.
What is important is you need to know how much you need in 20 years for your goal in life, with that you can analyze who much bitcoin are you going to save as you investment, you cannot be greedy here because we still do not know what will happen in the future, bitcoin might succeed or fail both are possible.
noone at the moment cannot figure out what will happened to bitcoin in the next 20 years
they are just create a speculation without a valid/accurate information
so when you decide to do invest in bitcoin for next 20 years
i guess you just following your feeling on how bitcoin will grow , but the fact noone know it is guaranteed happened.
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October 16, 2016, 12:42:01 AM
 #3306

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

I think it will not depend on the quantity of the bitcoin but it will be depended on the value of bitcoin if the value of bitcoin will be much more then we will not need to collect thousands and millions of bitcoins but if the value will lesser then we will need a higher amount of bitcoins.
yeah , and in my opinion 100btc is sufficient to enjoy life and after 20 yearay be the price of bitcoin will rise to even 5000$/btc . because the popularity of bitcoin increasing day by day .
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October 16, 2016, 06:52:59 AM
 #3307

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

I think it will not depend on the quantity of the bitcoin but it will be depended on the value of bitcoin if the value of bitcoin will be much more then we will not need to collect thousands and millions of bitcoins but if the value will lesser then we will need a higher amount of bitcoins.
yeah , and in my opinion 100btc is sufficient to enjoy life and after 20 yearay be the price of bitcoin will rise to even 5000$/btc . because the popularity of bitcoin increasing day by day .

That would  really give a  good  life though after 20 years  but still its  not  a realistic speculation about the  price . 20 years is  long enough to consider and we dont know on what price on bitcoin  that day. 1000 bitcoins  would  do with $1000/btc is  enough for me already.

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October 16, 2016, 07:13:09 AM
 #3308

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

It depends on the price of bitcoin at that time to decide if how many bitcoins someone would need to retire in 20 years, because if the price of bitcoin would be quite high at that time then he would probably need less bitcoins while if it stays quite low he would need more.
No mate, we need to decide now, and maybe we need to start saving now. We cannot ascertain the future so we need to just predict the future, do not consider that value as it will just come. What is important that you should do is just to save more bitcoin as you can.

I ofcourse agree that we should always keep saving bitcoins for future as we cannot predict the exact things that are going to happen in future, but what i was saying is that it would surely depend on the price of bitcoin if how many bitcoins would be enough for someone to retire in 20 years, but it is always better to have more than what is required.
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October 16, 2016, 03:25:04 PM
 #3309

At least 1000 BTCitcoin or maybe more , If you are going to retire in 20 years you need atleast more bitcoin before you do it , All we need is to enjoy life and we  will not going be back again hoping that this will happen if had so much bitcoin im going to travel the entire world.

I think it will not depend on the quantity of the bitcoin but it will be depended on the value of bitcoin if the value of bitcoin will be much more then we will not need to collect thousands and millions of bitcoins but if the value will lesser then we will need a higher amount of bitcoins.
yeah , and in my opinion 100btc is sufficient to enjoy life and after 20 yearay be the price of bitcoin will rise to even 5000$/btc . because the popularity of bitcoin increasing day by day .

That would  really give a  good  life though after 20 years  but still its  not  a realistic speculation about the  price . 20 years is  long enough to consider and we dont know on what price on bitcoin  that day. 1000 bitcoins  would  do with $1000/btc is  enough for me already.

Well that is what I am thinking also since we don't know what would be the price of bitcoin but upon estimating that is possible that the price of bitcoin is going to reach $1,000 after 20 years and that is not too much for expectation because there are some people that expecting bitcoin will be $5,000+ and higher. So that is acceptable to have 1,000 bitcoins for your entire life.

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October 17, 2016, 12:05:18 AM
 #3310

BTC price of the next 20 years I think $ 5,000 more. because dilihit of bitcoin significant developments. the increase was not a little but a lot. no one knows the next 20 years bitcoin costs how much, a lot of things that affect


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October 17, 2016, 01:31:32 AM
 #3311

BTC price of the next 20 years I think $ 5,000 more. because dilihit of bitcoin significant developments. the increase was not a little but a lot. no one knows the next 20 years bitcoin costs how much, a lot of things that affect

no one can predict the price after 20 years. . their are many instances that might happen. .what if after 20 years their is better than bitcoin?! or lets say after 20 years their will be no internet. if you want to take risk just buy btc coins today and put it on a paper wallet hold it and take the risk.
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October 17, 2016, 02:20:02 AM
 #3312

BTC price of the next 20 years I think $ 5,000 more. because dilihit of bitcoin significant developments. the increase was not a little but a lot. no one knows the next 20 years bitcoin costs how much, a lot of things that affect

no one can predict the price after 20 years. . their are many instances that might happen. .what if after 20 years their is better than bitcoin?! or lets say after 20 years their will be no internet. if you want to take risk just buy btc coins today and put it on a paper wallet hold it and take the risk.

After 20 years a lot has change also, including the price of foods and everything, it means if the price of bitcoin was high, we still need a lot of it, but that's true, its up to you if you are willing to risk to keep coins up to 20 years... I think it would still be better that your profit from bitcoin  should be kept in fiat, maybe half of it, just in case worst case scenario happened...  Smiley
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October 17, 2016, 02:46:44 AM
 #3313

BTC price of the next 20 years I think $ 5,000 more. because dilihit of bitcoin significant developments. the increase was not a little but a lot. no one knows the next 20 years bitcoin costs how much, a lot of things that affect

no one can predict the price after 20 years. . their are many instances that might happen. .what if after 20 years their is better than bitcoin?! or lets say after 20 years their will be no internet. if you want to take risk just buy btc coins today and put it on a paper wallet hold it and take the risk.

After 20 years a lot has change also, including the price of foods and everything, it means if the price of bitcoin was high, we still need a lot of it, but that's true, its up to you if you are willing to risk to keep coins up to 20 years... I think it would still be better that your profit from bitcoin  should be kept in fiat, maybe half of it, just in case worst case scenario happened...  Smiley
We can of course if we believe in the future of bitcoin, but for 20 years that is a big gamble for investors, however we can minimize the risk if we will only put a little amount of money that would not make a big effect on us if ever our investment will fail, if the price will increase big we are still in profit.

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October 17, 2016, 04:59:58 AM
 #3314

if you want retire in your job
bitcoin can living minimum can get range earn 3-5 bitcoin every month
in trading you can get is easy get profit and standard profit 10%/month
so you need 300 - 500 bitcoin in living life use bitcoin
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October 17, 2016, 07:45:47 AM
 #3315

There is no limits and everyone must think by itself how much money it needs for a living. Everyone spend money in ohter ways.
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