Post
Topic
Board Bitcoin Discussion
Re: How many BTC needed for retirement in 10 years?
by
Oasisman
on 24/03/2023, 21:04:16 UTC
Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

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?



It's good to set a specific target and those target you have mentioned are pretty huge of a sum. However, if you've put enough money to your wallet and let's say you have accomplished the 10 Btc and 100ETH in just 5yrs before your retirement and then you stop from there, i think you're gonna be wasting time to add more fractions of Btc and ETH to your retirement fund.
I guess the best thing to do here is to try accumulate as much as you can until you have like 1 yr left before your retirement.