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?
The answer will depend very heavily on several factors, like your age, life expectancy, number of family members which depend on you economically, your health, costs in your country, your expected lifestyle, inflation and the future movements on the price of bitcoin, so when you really think about you will notice it is kind of difficult to give a definite number, as 10 BTC is a good amount of money now and in the future, but for many people this is probably nowhere near enough to sustain them for that long.