Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
Ziskinberg
on 28/07/2016, 12:34:50 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
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.