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Quote from: Alley on April 28, 2014, 05:04:32 PM

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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.

And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy.

Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price.
but I also would not hold too long, if I am satisfied with the price, I also better to sell.

Risktakers would surely hold those coins for sure for a long time because they have high hopes in bitcoin that it would increase its price into the moon and make them millionaires in the future, same as you said i would sell my coins in the price that i could see that im profitable enough.

if I have a lot of savings, I dare to take all the risks on bitcoin, because when something bad happens, I do not have to be sad, I still have a lot of money. but if you do not have a savings, then take the risk. when all was lost. you have nothing and it could be crazy.