Quote from: passwordnow on Today at 01:18:57 PM

Quote from: CryptoHFs on July 15, 2023, 08:21:42 PM

How many bitcoins does a person need to retire, what is the cashout plan and why?

Depends on where you live. If the cost of living in your country is high then calculate that with some statistics on how much a person needs for an average retirement fund. 1 Bitcoin could be enough with an average price of $30k~ish but in major cities and countries, that's barely enough for a retired person. That's why, you need to look at those studies on how much it will cost a retirement fund to become sufficient and compute on how much Bitcoin should be in the future if you're wanting to retire already. But I think many will agree like having 1 Bitcoin and the price of one is $1M. Cool

There's so many things needed to consider before taking risky decisions and we need to be careful enough for now getting hype on what they are saying since scammers always use deceiving words and sometimes they create impressive work to make their project look legit. So we need to be vigilant and be cautious to the information we receive since not all the time devs will work for something beneficial for us since their main intention is to get rich by the help of the funds accumulated from their victims.