Post
Topic
Board Bitcoin Discussion
Re: Will you retire after $BTC reaches this amount?
by
ultrloa
on 20/05/2025, 11:54:13 UTC
This question is for those people holding $BTC and other huge crypto assets. if $BTC later reaches $1 million, will you retire from your work or still continue to work?
Asking this question because of what i saw in a friend portfolio and he claimed if it later reaches certain amount he will finally retire.  
It is a non-sense question by lacking of necessary data for answering it.

Bitcoin reaches $1M, so there are different answers with two people who own 1 bitcoin and 0.001 bitcoin. Hopefully you see differences in this simple example but in reality there is more complicated difference. Two people with same 1 bitcoin might have different decisions of retiring or continuing to work with $1M in their pockets. It's personal choice and depends on many things, not only on Bitcoin price, how much money they have but also related to what they'd like to do at most: working as a workaholic person or travelling and enjoying life.

You can ask Elon Musk, will he retire tomorrow?
Very likely his answer is no, even he is a richest person on Earth now.

I find this question dumb to ask since we provably know the answer for our selves especially that there's no wealth is stable. We see those richest man on earth keeps working on despite of they already have enough wealth to sustain their needs until they get old.

So same goes with people earning with Bitcoin and for sure they won't stop even if the price would reach to the point he's asking.

I myself don't plan to retire even if I'm earning lots of Bitcoin or even I'm old since with Bitcoin there are lots of opportunities to grab and we can do all of this at home while there's internet available for us to access those activities that can possibly generate us profits from this coin or industry we are working with.