Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
Zooplus
on 28/07/2016, 11:24:00 UTC
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.