With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:
I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?
A very subjective question I must say.
It all depends on how your lifestyle is. Are you frugal? Are you spending too much money on things you don't need? Are you a huge spender on some things? Are you a gambler? Are you a saver? Are you an investor? How much you need for retirement depends on how your lifestyle is. If you don't have any mortgages, any loans, but you do saved a lot of Bitcoins in the past then I guess 10 BTC and 100 ETH would be enough. However, if you are a big spender, have lots of loans, I'm afraid that you need more of that. Also take note that we don't know what the price of these 2 coins will be in 2032. We might see Bitcoin's price at that year still below $100,000 and Ethereum still below $2,000.
My plan? Accumulate and accumulate until I've reached the point where I don't want to accumulate anymore.