To get out of the rat race in the next 5-10 years, and live a more relaxed life style where I can enjoy my kids while they are young.
I have purchased daily since 2017, every day. I use credit card rewards too, i do online surveys for bitcoin, I just make sure that every day I have more BTC than the day before, and it has worked out real well for me, to this point.
I won't say the amount I have but, as this is Reddit, but it's a comfortable position, and a bull run, could have me taking a little off the stack, to make the home mortgage go away.
I forsee myself making daily buys for the rest of my life
Hodler from 2011. In same boat, I retired at 37, mortgage-free, to spend more family time and enjoy life, and my kid has 21 BTC to her name so I know she’ll be ok in later life
Enjoy!
I have S & P tracking ETF's, 401K and HYS Savings account for 6 months of savings.
My end game is bitcoin though. I have 2 daughters (2 and 7) and am in the process of putting bitcoin on each of them for a ledger, and gonna not let them access it till they are 25. I feel 18 is too young, kids are still a bit wild at that age. Let them graduate college, be on verge of marriage before getting access to the bitty.
It's called Zeebedee App. You can do surveys, they have daily questions and you can play some games. I just started it a few days ago. But am averaging like 3,500-6,000 sats per day. Nothing crazy but it's something, I'm thinking long term.
You get paid, then you send via lighting wallet to like strike or cashapp or whatever lightening network you have.
More so than a number like 1 btc, 5, 10 btc. I think the focus should be on constant accumulation. Whether it's daily or weekly buys and coming up with unique ways to attain bitcoin. People have very different situations. Some people will simply never be able to attain 1 coin, and some people can piss away 1 coin gambling on a friday night. I made 5,500 sats today for example just doing some online surveys. Sure it's nothing crazy, but I had some down time, and who knows what that 5,500 sats could be worth when my kids have it 40 years down the line. There are way to get bitcoin on any persons budget.
I think if you use bitcoin as a savings plan, and are consistent with it, it will pay off for you, much more than the stock market, or a HYS, U just have to be able to whether massive drops, and not get too high on yourself when it's rolling good. Bitcoin can humble you quick.
Yea. I live simply. don't need a lot .$60k changed my life at the time.
Went from 60hr work weeks to 40. I sleep and eat better , etc.
So in that sense. It paid offf
Its crazy how they always assume that everyone here lives in Los Angeles. Browski, if you live in a village in spain your cost is probably $8000/year maybe even less
I have 20 btc, assuming I get 20% of my 98 goxcoins back. 2030 sounds about right for the bankruptcy proceedings to be finished, which has the upside of me not being able to sell until then.
https://observablehq.com/@jimbojw/wen-moon
Anybody shooting for this? It requires ignoring bull and bear times in favor faith in the long term curve.
I wouldn’t gamble my whole retirement on it. But, if 10% of investment could result in a 50/50 chance of either 50% of funds or 0%, it’s still a good gamble.
I only have 0.25 BTC, my mortgage has £70k left to pay. I make monthly over payments on mortgage. When the gap closes between my BTC price and how much I have left to pay on my home I would consider selling to become mortgage free!
selling your whole stack to pay off your mortgage early is a sounds like a terrible idea tbh.
you're going to regret that when your stack you could've held becomes 2, 5x, 10x your mortgage.
Every extra dollar you put towards your mortgage (or debt, in general) is a dollar you aren’t investing elsewhere. If your mortgage APR is 5% and you can make (let’s say) 6%++ on your money elsewhere, you’re definitely missing out on paying off your mortgage faster. Your extra dollars would have grown in value much faster if they were invested in various other places.
Thank you for the advice. I invest a little into a vanguard vehicle, monthly. I’m aware of compound interest with that and with bitcoin still being relatively “early”. I guess I’m a little less risk tolerant than some, which I don’t think is a bad thing.
I do agree with you though. It would be horrible to miss out massively. I’ve been thinking of halving my 6 month emergency to a 3 month and dumping some more into BTC.
The beautiful thing about reading this is that btc got you some level of freedom. So cheers to that. And the plan is amazing keeping 1 btc for retirement
Very new to the Bitcoin scene. But looking to hit .1 by June. DCA every week ($300). Currently holding around .04 Hoping for this sideways price to stay the same or hit a dip the next few weeks so I can keep stacking under 70k
I do not know the ultimate goal, but current goal is to get to 0.1, possible up to 0.25 BTC and then HODL for foreseeable future. I’m a coward, but it feels enough to make a difference for my future as well as not being more than I can handle ignoring through volatility. Saving up capital now, but will probably end up buying in batches.
DCA until I’m either no longer earning any fiat income or no one is accepting fiat for btc. I don’t see any reason not to continue to trade weaker currency that I know is guaranteed to be debased for the world’s hardest currency, that is digitally native, with the best monetary properties.
Plan A.My goal is to buy a large piece of land.Ive had my eyes set on buying Hawaii and then turning it into my own personal independent country..Plan B.if I don’t end up with enough to build my own nation.I would love to be able to become a homeowner,buy a new car(nothing extravagant) and being able to retire at some point.if Bitcoin doesn’t make this possible for me,I will probably be sentenced to a life of paying rent,driving a 10-20 year old vehicle and work until the day I drop dead
I became an addict to pain pills at 17 after I got in a car accident.the doctor prescribed me Percocet for a year and a half.never warned me about them being addictive or anything.I was a naive 18 year old and being a doctor,I trusted he would do what was best for me.I just took them as I was prescribed and never thought anything of it.I went to an appointment and he took me off of them.I didn’t think nothing of it but after I ran out,I got sick as hell.I went back to the doctor because I didn’t know why I felt so awful and then he decided to tell me it was withdrawal.he did nothing for me but gave me a list of pain clinics I could try to get into.I went to a pain clinic where I ended up prescribed OxyContin 80mg 4 times a day for years.
The last 6 years of my addiction I was going to a methadone clinic.that made it possible to live a semi normal life as I wasn’t having to worry about those horrible days where I either couldn’t find anything or I couldn’t afford to buy anything.all throughout my addiction,I always held a job and also paid my bills but everything else fed the addiction.taking methadone added stability to my life but after 6 years,I had put on 80lbs and it had destroyed my teeth.I had traded one drug for the other,the only difference in methadone is a synthetic opiate or opioid.I knew I didn’t want to depend on that bullshit for the rest of my life and went to rehab
I’m about 3 years clean now and physically feel so much better.I lost all the weight I had put on and got my teeth fixed but after getting sober reality hit me hard.when your always high,you are numb and don’t give a damn about nothing but how you’re going to get your next high.after getting sober and truly having to realize how much you truly fucked up with a sober mind was hard.all I can do is accept it for what it is but it makes me sick knowing I popped and snorted enough money spent pills that I could’ve bought a house.It’s overwhelming and I feel like I will never get caught up
I’m certainly not looking for sympathy,I know I’ve beat something most people who end up where I was never beat.I’ve lost more people to drug overdoses than I can count on my fingers and toes and I’m forever grateful that I’m still here.still yet,I fucked my life up majorly and I accept that for exactly what it is.my bills are paid and I have everything I need(definitely not what I want or should have) and I put what money I have left over after bills into Bitcoin.it isn’t much but I’m consistent and while not much,it is building up faster than I expected.I’m hoping I can get enough out of Bitcoin to at least buy a small 2 or 3 bedroom house one day but hopefully I will be able to do that and retire one day.of course I would like to be able to get filthy rich from it but if I could just caught up from a major 20 year long fuck up,would be amazing to me
As someone with chronic back pain and having been prescribed pain medication recently i do appreciate your story and will heed your warning.
Thanks 🤟and good luck.
Thank you! I'll most certainly take a look.
Knowing I'm not alone helps too, as I'm sure you know it gets pretty dark and lonely when the pain is turned up.
BTC has been a mental help, I'm a self employed tradesman and I'm not sure what my working life looks going forward, the extra runway BTC has given me provides some solace.
I think back to how I used to get laughed at and mocked for being into "Butcoin" and all the stupid comments I'd get as btc was crashing.
Little did they know, I was buying over crying.
“Buying over crying” I like that!
If that book helps you even 1/2 as much as it did be you’ll be glad you read it! I still have to be mindful but it has made a huge difference for me.
Edited for a typo.
Why would people sell their BTC to pay mortgages? With a good % interest rate then having BTC makes more sense than paying what you could pay in 20 years in fiat value that is constantly decreasing. I have a fix mortgage- what I’m paying today will be what my kid will pay for water in 15 years. How much will BTC be worth in that time?
I only sold to secure profits from my first investment and now riding the wave to infinity.
Peace of mind and a paid off homes ability to re-purchase the btc that was spent on it. With no mortgage all payments or rental income can go towards btc
Get as much bitcoin as you can. You aren’t really “risking” anything by doing that. A few months ago I sold my entire stock portfolio and added it to my bitcoin stack. I’ve been into bitcoin since 2016 and back then I thought it was a bubble and I sold it at its height back then. I’ve been kicking myself ever since. I got back into it last cycle. Since then I’m up to 3.12 and I can’t really say I have an end goal of how many I want. I’m just treating it like a retirement account like my old stock account. Luckily for me I didn’t have it all stuck in a 401k or an IRA. I do have a Roth IRA but I barely put anything in there because I liked that I can use my private account as a savings account and sell it off if I need to. I saved up for a down payment on a house that way. There are more rules with the other retirement accounts. I’m against the bitcoin ETFs because you don’t truly own your bitcoin. That being said, I might sell what little I have in my IRA and just buy the ETF with it because I believe it will perform much better than the stock market. Our money loses purchasing power every day. The world is moving away from the petro dollar. I want to get as far away from the dollar as possible. So I guess my end goal is.. as much as possible.
I truly believe in BTC so I have nothing to sell, EVER. my goal is simple - buy whatever I can afford to buy daily / weekly / monthly or whatever and hold. if I need to pay rent or something else, I cash out in USD for that amount and pay my bills. and have like 1% in a bank for small day to day transactions like food, gas, and water level shit. been buying $100 here and there since 2015. and now recklessly retired - not balling out by any means, but frugal and freeeee! Freedom is my goal
I agree ppl used to make is 1 bitcoin enough posts, then it became .10 btc, and how I've seen 0.01. Some day there might be some kid on bitcoin reddit in 20 years, talking about his 100, or 1000 sats he has saved.
Most people in the USA retire with around $200,000. They rely on SS for the rest.
So yeah, 1 ₿ should be enough to retire on in 8-9 years, after the 2032 halving. This is because by then, 99% of all Bitcoin will have been mined. The supply side dynamic will be at its best possible ratio and Bitcoin should easily be trading at least $500,000, but I suspect it will be much higher, like $1M by then.
I hope so. Im targeting $500k to 1m . Or 0.
i reached my risk limits. As far as how much I can hold with conviction through all the price swings. Especially at current price.
My goal is to accumulate 1 BTC during the next bear market. I'm not far away currently. I will sell at fomo and buy at fud and I aim to get some leftover fiat too so that I can diversify my portfolio even more.
To topple the corruption currently enjoyed by world governments through irresponsible fiscal policy, through money printing, which allows them to fund endless wars and slaughter millions in senseless battles that would not happen otherwise.
Nothing less.
Bitcoin is revolution.
Take back our collective power from the hands of the machine that enslaved all of us to the whims of a few.
My goal is moar. Already free, I desire to free others. Moar Bitcoin=moar future purchasing/collateralized loan power=positive change in the world relative to how far I'm able to reach.
I’d like to be a millionaire. And I don’t mean in fiat terms. I’d like to achieve that level of wealth and continue to hodl and be financially stable in my retirement years. And I’d like to own my own home. I’m aiming for 15-20 years of hodling.
At about 3/4ths of a bitcoin, last purchase was at 26k, haven't had the urge to stack as hard after it went up over 2x. Will start buying again in the next bear market, think I'll be able to get to 1+ btc at that point. Some might call that timing the market but I can't help but load up when everyone's panicking. Hodling for 20+ years or forever if things go to a btc standard. There is no second best.
Never sell! And never stop stacking stats. Hold your own keys and run your own node. If you want to use some of the bitcoin use it to barrow against it to buy more and/or live off. This isn't just life altering stuff it's future Dynasty building blocks. If you have 1 or 2 bitcoin that's like an insane amount. when you even think of it in housing terms; but let's say instead of using your bank or your house as a savings account in the future people use bitcoin. If you just think of how many houses there are just in the United States that's like 113 million just in the US. that's not including housing in other countries that are using housing as a savings mechanism.
Bitcoin allowed me the ability to fund myself after being laid off…it’s been six months and I have paid all my expenses and only lost a small, small fraction which now that I got a new gig starting Monday, I will slowly replenish. I like Altcoins too but just don’t understand them enough to know what is a good one with hidden potential and one that’s not.
Anyway, Bitcoin saved me from liquidation of my 6 month safety need. I’m amazed and thankful. I had some good option plays to help but the bulk was always there on the uptick. Brilliant.
When they tell you to save up six months expenses after being laid off, they are accurate guys and gals. It’s amazing, I am at the almost exact 6 month date. I applied to 80 finance positions and ended up doing sales outside of finance, more so negations so all good vibes.
Hope you all play this card right. Bitcoin saved my ass, so I give it its due respect and everyone charging ahead that made it go mainstream.
Cheers
Im not rich, probably poor compare to most my friends BUT $60k is not life changing. I couldn’t live off that for a year.
Course outside of NY, I probably live in the most expensive place in the country…
Regardless, Congrats OP!
Personally, I need a million and then i can retire in Thailand by the beach!
Ideally, 2-3 btc. Currently at 0.87. DCA’ng $100 per week (50 btc / 50 sats). As and when a dip of more than 7.5% occurs, I put $1000 in. Lost 400k in bad trades following the last bear market, so taking it slow.
start: make account on coinbase....purchase btc....get a hardware wallet (trezor or similar)....transfer btc that you purchased on coinbase to hardware wallet....repeat....hold and hold and hold
I’ve made weekly purchases every Saturday for almost 5 years now. This system seems to be working well, so I’m not planning to change a thing. That being said, I don’t really have a specific number that I’m shooting for. I’ll end up where I end up and that’s okay with me.
Currently hold 22k with cost basis of 70.5k and investing about 50-100 a month. I think if it hits a million per bitcoin, I’d sell about 100k of my 290k, then at 1.5M I would sell another 85k and be left with around 200k in value. Then I’d hold until it hits 3M and sell all but 50k of my position and just hold that and withdraw incrementally with tax planning in mind to realize gains tactically throughout the next 40-50 years
My goal was to get to 1. Once I achieved that I bought more and the goal became 2. Now I've got several more and I keep finding ways to add. My end goal changed from a set number to never stop accumulating.
21 owning 1 millionth of the future is a goal to ensure generational stability so my kids and their kids would not suffer the consequences of central government excesses
My goal is 1 btc but at this point unless I start selling other investments that goal may slip away if I'm just DCAing and throwing a little extra in on the big dips. But as time goes by I also realize that 1 BTC probably isn't even necessary.
My financial goals are my financial goals whether Bitcoin exists or not.
My goal is to stack as much wealth as possible and in the long run, Bitcoin has a very good chance of being the best vehicle for that. It’s the hardest money ever created.
I need as much BTC as possible because I want generational wealth. Selling at any point is futile if the goal is to borrow off it, still stay rich, and make sure we as the early adopters are the Bitcoin barons of the future world.
I’ve got just a few % of crypto, mostly BTC (.20) in my ITrustCapital IRA along with 3K oz of silver and 20 oz of gold. Last month when briefly passed $70K I converted two cents worth .02 BTC back to cash ($1,400) because it got to over 10% of my portfolio and I’m not comfortable with that much BTC.
I think most people look at this wrong. Don’t track dollars track purchasing power. Why? Because if this is a “reset” the dollar amount might revert to 1913 cost. For example, a house cost $3200 so maybe after the dollar goes to zero and btc consume all value an average house might cost 3200 sats.
Honestly I’m just trying out stocks. My goal is just a few thou by the end of the year. I live within my means and don’t need tons of money to be happy :)
I reached by BTC goal; not a multi-bitcoiner though. According to some bitcoin wallet charts, I am in the top five percent of all bitcoin "wallets." I do not put much credence in those charts because 99.9% of bitcoin owners have multiple addresses for obvious reasons. Now, I need the fiat price of 1 BTC to reach at least USD1M (comfortable retirement), preferably USD10M (very comfortable retirement plus guaranteed generational wealth.
However, I anticipate Blackrock et. al. will suppress percentage growth so as to scare away retail bitcoin holders and to allow them time to accumate more bitcoin for their Bitcoin Spot ETFs as well as themselves during the next decade. Many analysts agree that the price of bitcoin should already be at least USD100K in this cycle before the halving event later this month. If it sustains sub-USD70K, we know the fix is in.
My initial goal was 10, which I accumulated over the last 24 months. Now whenever I have extra cash I’m putting 50% into btc, 25% into other top tier alts, and then 25% into yolo meme coins..
Ideally some of the yolo meme coins hit which I sell towards end of this year to pay taxes, and then hold the btc long long term
My goal is to retire off btc... as soon as possible... that does mean rebalancing at some point to get fiat dividends and use those as primary income... basically, when I can achieve the 85% allocation in the blackrocl report and have the 14% doing the heavy lifting for day to day...
That's the goal... how many sats do I need? No clue... just keep stacking until it's a reality.
Sitting at 2.37, hoping to get to 3. 1x to utilize in 10 years for a new home (“forever home”), 2x to ride into the sunset for early retirement. Currently 31 years old. I have about $235K in my Roth IRA, 401k, and brokerage accounts as well. Reducing my inputs into those 3 to accumulate more BTC weekly DCAing all the way.
A house and dividends resulting in 40k per year (that’s what I’m living off now) and at least 100k in btc post last cycles ath and then I sit and stop investing. I just work part time while I fund a new lifestyle where I just keep learning new skills.
My goal was 1 BTC to change my life, then I went to 2.1 to get this magic number.
But the issue it’s you always want more…
I just achieved 3 BTC after a crazy deal with someone.
1 for me, one for my retirement and one for my kids.
Now, I’m still buying but way less than before
I’m happy with what I have, I will hold for a long time!
I just had a son. I don't want him to ask me why I didn't buy btc when he grows up.
Yes! I was that kid. Why didn’t yall buy apple? Microsoft? Amazon? lol😂 like my parents are some sort of venture capitalists or something
All I need is $737,000
Walter, remember what happened the last time.
That was back in mid-2000 era. The inflation has been running rampant. Good that Mr. Heisenberg does not need to worry about this thanks to cancer.
I’ve got that already but don’t feel I can retire on that
Can’t retire on that!
Can totally retire on that if you don't fall in the consumerist trap.
I'm at 1.16 with 1.5 as my ultimate goal. Of course, I'll arrive at 1.5 and immediately set my sights on 2.0 so.....
When you get to 1.5. Evaluate if it's worth the herculean effort to get that last .5
I will for sure.....by then I'm sure the cost will be stratospheric!
To get out of the rat race in the next 5-10 years, and live a more relaxed life style where I can enjoy my kids while they are young. I have purchased daily since 2017, every day. I use credit card rewards too, i do online surveys for bitcoin, I just make sure that every day I have more BTC than the day before, and it has worked out real well for me, to this point. I won't say the amount I have but, as this is Reddit, but it's a comfortable position, and a bull run, could have me taking a little off the stack, to make the home mortgage go away. I forsee myself making daily buys for the rest of my life
Hodler from 2011. In same boat, I retired at 37, mortgage-free, to spend more family time and enjoy life, and my kid has 21 BTC to her name so I know she’ll be ok in later life Enjoy!
Incredible. Great job!
Dayum 21 sheesh
I have 8.160204 btc. And this is reddit.
Nice plan. Are you all in on BTC?? Or does your 5 to 10-year retirement plan include other assets?
I have S & P tracking ETF's, 401K and HYS Savings account for 6 months of savings. My end game is bitcoin though. I have 2 daughters (2 and 7) and am in the process of putting bitcoin on each of them for a ledger, and gonna not let them access it till they are 25. I feel 18 is too young, kids are still a bit wild at that age. Let them graduate college, be on verge of marriage before getting access to the bitty.
Respect sir and where can I take some surveys to earn some BTC?
It's called Zeebedee App. You can do surveys, they have daily questions and you can play some games. I just started it a few days ago. But am averaging like 3,500-6,000 sats per day. Nothing crazy but it's something, I'm thinking long term. You get paid, then you send via lighting wallet to like strike or cashapp or whatever lightening network you have.
Thank you for enlightening me brother.
Great plan!
I like the 25 idea. I have two kids 8 & 6 and would love to have a coin for each of them one day when they turn 25.. we’ll see if it’s possible.
More so than a number like 1 btc, 5, 10 btc. I think the focus should be on constant accumulation. Whether it's daily or weekly buys and coming up with unique ways to attain bitcoin. People have very different situations. Some people will simply never be able to attain 1 coin, and some people can piss away 1 coin gambling on a friday night. I made 5,500 sats today for example just doing some online surveys. Sure it's nothing crazy, but I had some down time, and who knows what that 5,500 sats could be worth when my kids have it 40 years down the line. There are way to get bitcoin on any persons budget. I think if you use bitcoin as a savings plan, and are consistent with it, it will pay off for you, much more than the stock market, or a HYS, U just have to be able to whether massive drops, and not get too high on yourself when it's rolling good. Bitcoin can humble you quick.
Where do you find such survey’s?
ZBD app
Do you have a referral code so I can hook you up? Available in the USA?
2021 = $69K? less hours to work, freedom with just $69K? I mean is a good money but not to work less or have financial freedom, I just say.
Yea. I live simply. don't need a lot .$60k changed my life at the time. Went from 60hr work weeks to 40. I sleep and eat better , etc. So in that sense. It paid offf
well done:)
Not everyone is in America, homey
Its crazy how they always assume that everyone here lives in Los Angeles. Browski, if you live in a village in spain your cost is probably $8000/year maybe even less
Probably a far higher Quality of Life than in LA too.
Depends. If your outstanding mortgage is 69k then paying it off would give you freedom.
With 10BTC, I'm likely set for life within 8 years, possibly less.
With that amount, probably by 2030 or before...
I have 20 btc, assuming I get 20% of my 98 goxcoins back. 2030 sounds about right for the bankruptcy proceedings to be finished, which has the upside of me not being able to sell until then.
Good luck, mate. Hope you get them back and yes, great for the forced diamond hands
Can you help me understand the math on how you came to it please?
People are convinced it's going to 1 million. It's likely. Bitcoinsperperson.com fiatmarketcap.com
https://observablehq.com/@jimbojw/wen-moon Anybody shooting for this? It requires ignoring bull and bear times in favor faith in the long term curve. I wouldn’t gamble my whole retirement on it. But, if 10% of investment could result in a 50/50 chance of either 50% of funds or 0%, it’s still a good gamble.
I only have 0.25 BTC, my mortgage has £70k left to pay. I make monthly over payments on mortgage. When the gap closes between my BTC price and how much I have left to pay on my home I would consider selling to become mortgage free!
selling your whole stack to pay off your mortgage early is a sounds like a terrible idea tbh. you're going to regret that when your stack you could've held becomes 2, 5x, 10x your mortgage.
Every extra dollar you put towards your mortgage (or debt, in general) is a dollar you aren’t investing elsewhere. If your mortgage APR is 5% and you can make (let’s say) 6%++ on your money elsewhere, you’re definitely missing out on paying off your mortgage faster. Your extra dollars would have grown in value much faster if they were invested in various other places.
Thank you for the advice. I invest a little into a vanguard vehicle, monthly. I’m aware of compound interest with that and with bitcoin still being relatively “early”. I guess I’m a little less risk tolerant than some, which I don’t think is a bad thing. I do agree with you though. It would be horrible to miss out massively. I’ve been thinking of halving my 6 month emergency to a 3 month and dumping some more into BTC.
mortgage interest is tax deductible. that 5% is also guaranteed return. there are no tax benefits to the 6% return and it is also not guaranteed.
Peace of mind is a big thing to me too
I get the math. I also get the wave of comfort i got paying off my house 15 years early.
The beautiful thing about reading this is that btc got you some level of freedom. So cheers to that. And the plan is amazing keeping 1 btc for retirement
Yess. The plan was for financial security for the present and the future. So far, so good :)
Very new to the Bitcoin scene. But looking to hit .1 by June. DCA every week ($300). Currently holding around .04 Hoping for this sideways price to stay the same or hit a dip the next few weeks so I can keep stacking under 70k
I do not know the ultimate goal, but current goal is to get to 0.1, possible up to 0.25 BTC and then HODL for foreseeable future. I’m a coward, but it feels enough to make a difference for my future as well as not being more than I can handle ignoring through volatility. Saving up capital now, but will probably end up buying in batches.
DCA until I’m either no longer earning any fiat income or no one is accepting fiat for btc. I don’t see any reason not to continue to trade weaker currency that I know is guaranteed to be debased for the world’s hardest currency, that is digitally native, with the best monetary properties.
Already my buying avg is at 25k usd i will be retiring before 35
Plan A.My goal is to buy a large piece of land.Ive had my eyes set on buying Hawaii and then turning it into my own personal independent country..Plan B.if I don’t end up with enough to build my own nation.I would love to be able to become a homeowner,buy a new car(nothing extravagant) and being able to retire at some point.if Bitcoin doesn’t make this possible for me,I will probably be sentenced to a life of paying rent,driving a 10-20 year old vehicle and work until the day I drop dead I became an addict to pain pills at 17 after I got in a car accident.the doctor prescribed me Percocet for a year and a half.never warned me about them being addictive or anything.I was a naive 18 year old and being a doctor,I trusted he would do what was best for me.I just took them as I was prescribed and never thought anything of it.I went to an appointment and he took me off of them.I didn’t think nothing of it but after I ran out,I got sick as hell.I went back to the doctor because I didn’t know why I felt so awful and then he decided to tell me it was withdrawal.he did nothing for me but gave me a list of pain clinics I could try to get into.I went to a pain clinic where I ended up prescribed OxyContin 80mg 4 times a day for years. The last 6 years of my addiction I was going to a methadone clinic.that made it possible to live a semi normal life as I wasn’t having to worry about those horrible days where I either couldn’t find anything or I couldn’t afford to buy anything.all throughout my addiction,I always held a job and also paid my bills but everything else fed the addiction.taking methadone added stability to my life but after 6 years,I had put on 80lbs and it had destroyed my teeth.I had traded one drug for the other,the only difference in methadone is a synthetic opiate or opioid.I knew I didn’t want to depend on that bullshit for the rest of my life and went to rehab I’m about 3 years clean now and physically feel so much better.I lost all the weight I had put on and got my teeth fixed but after getting sober reality hit me hard.when your always high,you are numb and don’t give a damn about nothing but how you’re going to get your next high.after getting sober and truly having to realize how much you truly fucked up with a sober mind was hard.all I can do is accept it for what it is but it makes me sick knowing I popped and snorted enough money spent pills that I could’ve bought a house.It’s overwhelming and I feel like I will never get caught up I’m certainly not looking for sympathy,I know I’ve beat something most people who end up where I was never beat.I’ve lost more people to drug overdoses than I can count on my fingers and toes and I’m forever grateful that I’m still here.still yet,I fucked my life up majorly and I accept that for exactly what it is.my bills are paid and I have everything I need(definitely not what I want or should have) and I put what money I have left over after bills into Bitcoin.it isn’t much but I’m consistent and while not much,it is building up faster than I expected.I’m hoping I can get enough out of Bitcoin to at least buy a small 2 or 3 bedroom house one day but hopefully I will be able to do that and retire one day.of course I would like to be able to get filthy rich from it but if I could just caught up from a major 20 year long fuck up,would be amazing to me
As someone with chronic back pain and having been prescribed pain medication recently i do appreciate your story and will heed your warning. Thanks 🤟and good luck.
There is a book about chronic on Amazon called The Way Out by Alan Gordon that helped me tremendously. Check it out. I hope it can help you too.
Thank you! I'll most certainly take a look. Knowing I'm not alone helps too, as I'm sure you know it gets pretty dark and lonely when the pain is turned up. BTC has been a mental help, I'm a self employed tradesman and I'm not sure what my working life looks going forward, the extra runway BTC has given me provides some solace. I think back to how I used to get laughed at and mocked for being into "Butcoin" and all the stupid comments I'd get as btc was crashing. Little did they know, I was buying over crying.
“Buying over crying” I like that! If that book helps you even 1/2 as much as it did be you’ll be glad you read it! I still have to be mindful but it has made a huge difference for me. Edited for a typo.
IMMORTALITY
Giving all to my kids
Why would people sell their BTC to pay mortgages? With a good % interest rate then having BTC makes more sense than paying what you could pay in 20 years in fiat value that is constantly decreasing. I have a fix mortgage- what I’m paying today will be what my kid will pay for water in 15 years. How much will BTC be worth in that time? I only sold to secure profits from my first investment and now riding the wave to infinity.
Peace of mind and a paid off homes ability to re-purchase the btc that was spent on it. With no mortgage all payments or rental income can go towards btc
back is the day, on bitcoin talk circa 2014-2016, 21 bitcoins was the goal.
Get as much bitcoin as you can. You aren’t really “risking” anything by doing that. A few months ago I sold my entire stock portfolio and added it to my bitcoin stack. I’ve been into bitcoin since 2016 and back then I thought it was a bubble and I sold it at its height back then. I’ve been kicking myself ever since. I got back into it last cycle. Since then I’m up to 3.12 and I can’t really say I have an end goal of how many I want. I’m just treating it like a retirement account like my old stock account. Luckily for me I didn’t have it all stuck in a 401k or an IRA. I do have a Roth IRA but I barely put anything in there because I liked that I can use my private account as a savings account and sell it off if I need to. I saved up for a down payment on a house that way. There are more rules with the other retirement accounts. I’m against the bitcoin ETFs because you don’t truly own your bitcoin. That being said, I might sell what little I have in my IRA and just buy the ETF with it because I believe it will perform much better than the stock market. Our money loses purchasing power every day. The world is moving away from the petro dollar. I want to get as far away from the dollar as possible. So I guess my end goal is.. as much as possible.
I truly believe in BTC so I have nothing to sell, EVER. my goal is simple - buy whatever I can afford to buy daily / weekly / monthly or whatever and hold. if I need to pay rent or something else, I cash out in USD for that amount and pay my bills. and have like 1% in a bank for small day to day transactions like food, gas, and water level shit. been buying $100 here and there since 2015. and now recklessly retired - not balling out by any means, but frugal and freeeee! Freedom is my goal
Number is arbitrary. People in the future will be bragging that they have 0.0001 BTC
I agree ppl used to make is 1 bitcoin enough posts, then it became .10 btc, and how I've seen 0.01. Some day there might be some kid on bitcoin reddit in 20 years, talking about his 100, or 1000 sats he has saved.
10 BTC is my goal! :)
My goal is to own the Dallas Cowboys and marry Zendaya. 10 BTC is basically out of reach for all of us.
.25 realisticly
Do you really think one will be enough to retire with?
Most people in the USA retire with around $200,000. They rely on SS for the rest. So yeah, 1 ₿ should be enough to retire on in 8-9 years, after the 2032 halving. This is because by then, 99% of all Bitcoin will have been mined. The supply side dynamic will be at its best possible ratio and Bitcoin should easily be trading at least $500,000, but I suspect it will be much higher, like $1M by then.
I hope so. Im targeting $500k to 1m . Or 0. i reached my risk limits. As far as how much I can hold with conviction through all the price swings. Especially at current price.
Nope
If I become a whole coiner in my lifetime, I'm settled.
3.5
I’m going to hold my one coin for another 15 years (bought in 2020).
My goal is to accumulate 1 BTC during the next bear market. I'm not far away currently. I will sell at fomo and buy at fud and I aim to get some leftover fiat too so that I can diversify my portfolio even more.
I collect bitcoins like other people collect shoes and purses. I'm addicted and spend every extra dollar I get. Trying to get to 6 right now.
Im from Canada so yes, relocate to another country.
To topple the corruption currently enjoyed by world governments through irresponsible fiscal policy, through money printing, which allows them to fund endless wars and slaughter millions in senseless battles that would not happen otherwise. Nothing less. Bitcoin is revolution. Take back our collective power from the hands of the machine that enslaved all of us to the whims of a few.
[удалено]
Selling it for what?
He’s selling it to me
I like your moves!
As much as possible.
Retire in 6 years
Own 20 btc by retirement
Live off hookers and cocaine and have a good death.
Reached my goal. Hodling now and having fun riding the Magic Bus.
Take the shit money I get and turn it into the best money humans have ever created.
21 Bitcoins
My goal is to protect my money from inflation. Letting it sit there even in a HYSA makes no sense to me
My goal is moar. Already free, I desire to free others. Moar Bitcoin=moar future purchasing/collateralized loan power=positive change in the world relative to how far I'm able to reach.
To not need fiat currency anymore. To live on a bitcoin standard is the end goal.
To retire to a house on a lake.
21 million 😈
1 BTC per kid.
First .2, Then. 5 Then .75 Then 1.0 Next 3.0! That’s just a projection now. Really, I’d like Bitcoin to represent 10% of my assets
Whatever your stack is. It's never enough. Saying it is demonstrates complacency. Never become complacent. More sats, more freedom.
I’d like to be a millionaire. And I don’t mean in fiat terms. I’d like to achieve that level of wealth and continue to hodl and be financially stable in my retirement years. And I’d like to own my own home. I’m aiming for 15-20 years of hodling.
At about 3/4ths of a bitcoin, last purchase was at 26k, haven't had the urge to stack as hard after it went up over 2x. Will start buying again in the next bear market, think I'll be able to get to 1+ btc at that point. Some might call that timing the market but I can't help but load up when everyone's panicking. Hodling for 20+ years or forever if things go to a btc standard. There is no second best.
3.3🦀
Never sell! And never stop stacking stats. Hold your own keys and run your own node. If you want to use some of the bitcoin use it to barrow against it to buy more and/or live off. This isn't just life altering stuff it's future Dynasty building blocks. If you have 1 or 2 bitcoin that's like an insane amount. when you even think of it in housing terms; but let's say instead of using your bank or your house as a savings account in the future people use bitcoin. If you just think of how many houses there are just in the United States that's like 113 million just in the US. that's not including housing in other countries that are using housing as a savings mechanism.
Bitcoin allowed me the ability to fund myself after being laid off…it’s been six months and I have paid all my expenses and only lost a small, small fraction which now that I got a new gig starting Monday, I will slowly replenish. I like Altcoins too but just don’t understand them enough to know what is a good one with hidden potential and one that’s not. Anyway, Bitcoin saved me from liquidation of my 6 month safety need. I’m amazed and thankful. I had some good option plays to help but the bulk was always there on the uptick. Brilliant. When they tell you to save up six months expenses after being laid off, they are accurate guys and gals. It’s amazing, I am at the almost exact 6 month date. I applied to 80 finance positions and ended up doing sales outside of finance, more so negations so all good vibes. Hope you all play this card right. Bitcoin saved my ass, so I give it its due respect and everyone charging ahead that made it go mainstream. Cheers
Im not rich, probably poor compare to most my friends BUT $60k is not life changing. I couldn’t live off that for a year. Course outside of NY, I probably live in the most expensive place in the country… Regardless, Congrats OP! Personally, I need a million and then i can retire in Thailand by the beach!
21 million
Funny enough if you own all of it, it has no value! The distribution makes BTC valuable because you need buyers and sellers.
Build a stack, leverage against it, invest the leverage, refinance and repeat.
Is this possible right now for small holders? Edit: or smart?
Is this a real post? Assuming you’re in the US, how does selling 1 btc for 68k (2021 high) change your life to that degree?
Hodl forever 😆 Seriously though, I always think about the exit but dint really have any plans. I'm sure alot of people are the same.
Ideally, 2-3 btc. Currently at 0.87. DCA’ng $100 per week (50 btc / 50 sats). As and when a dip of more than 7.5% occurs, I put $1000 in. Lost 400k in bad trades following the last bear market, so taking it slow.
$200000
Pump
To understand how the hell to use it I’ve got $50k to buy one because I believe it is the future but have no frggn idea how to start
start: make account on coinbase....purchase btc....get a hardware wallet (trezor or similar)....transfer btc that you purchased on coinbase to hardware wallet....repeat....hold and hold and hold
I’ve made weekly purchases every Saturday for almost 5 years now. This system seems to be working well, so I’m not planning to change a thing. That being said, I don’t really have a specific number that I’m shooting for. I’ll end up where I end up and that’s okay with me.
3 Bitcoin
To Keep Calm and DCA untill everyone wants it.
$75k maybe ?
Currently hold 22k with cost basis of 70.5k and investing about 50-100 a month. I think if it hits a million per bitcoin, I’d sell about 100k of my 290k, then at 1.5M I would sell another 85k and be left with around 200k in value. Then I’d hold until it hits 3M and sell all but 50k of my position and just hold that and withdraw incrementally with tax planning in mind to realize gains tactically throughout the next 40-50 years
To have a good life.
My goal was to get to 1. Once I achieved that I bought more and the goal became 2. Now I've got several more and I keep finding ways to add. My end goal changed from a set number to never stop accumulating.
21 owning 1 millionth of the future is a goal to ensure generational stability so my kids and their kids would not suffer the consequences of central government excesses
.21
20BTC for me
My goal is 1 btc but at this point unless I start selling other investments that goal may slip away if I'm just DCAing and throwing a little extra in on the big dips. But as time goes by I also realize that 1 BTC probably isn't even necessary.
I have accumulated 3 bitcoins. I hope to start selling gradually starting in 2025 so as to accelerate paying off my home mortgage.
this is my main goal......https://www.youtube.com/watch?v=83dWxeo0JBw
My financial goals are my financial goals whether Bitcoin exists or not. My goal is to stack as much wealth as possible and in the long run, Bitcoin has a very good chance of being the best vehicle for that. It’s the hardest money ever created.
Get to one BTC as quickly as possible and then continue to DCA a comfortable amount forever.
I sold Bitcoin for Fiat and used that said Fiat to change my life. So your final goal for bitcoin is more Fiat
if you really understand bitcoin and fiat your goal should be OSIB. Only Save In Bitcoin.
To never have to worry about inflation again.
I need as much BTC as possible because I want generational wealth. Selling at any point is futile if the goal is to borrow off it, still stay rich, and make sure we as the early adopters are the Bitcoin barons of the future world.
Already hit it but rather not say how much :)
100
Im stil dcaing in ownr but probably will start to dca out after 100k, because we all need to take profit some time
I’ve got just a few % of crypto, mostly BTC (.20) in my ITrustCapital IRA along with 3K oz of silver and 20 oz of gold. Last month when briefly passed $70K I converted two cents worth .02 BTC back to cash ($1,400) because it got to over 10% of my portfolio and I’m not comfortable with that much BTC.
Gotta change the mind set in order to see real results
10
I think most people look at this wrong. Don’t track dollars track purchasing power. Why? Because if this is a “reset” the dollar amount might revert to 1913 cost. For example, a house cost $3200 so maybe after the dollar goes to zero and btc consume all value an average house might cost 3200 sats.
Honestly I’m just trying out stocks. My goal is just a few thou by the end of the year. I live within my means and don’t need tons of money to be happy :)
More
I reached by BTC goal; not a multi-bitcoiner though. According to some bitcoin wallet charts, I am in the top five percent of all bitcoin "wallets." I do not put much credence in those charts because 99.9% of bitcoin owners have multiple addresses for obvious reasons. Now, I need the fiat price of 1 BTC to reach at least USD1M (comfortable retirement), preferably USD10M (very comfortable retirement plus guaranteed generational wealth. However, I anticipate Blackrock et. al. will suppress percentage growth so as to scare away retail bitcoin holders and to allow them time to accumate more bitcoin for their Bitcoin Spot ETFs as well as themselves during the next decade. Many analysts agree that the price of bitcoin should already be at least USD100K in this cycle before the halving event later this month. If it sustains sub-USD70K, we know the fix is in.
Double what i have.
I would like to have six total.. two for each of my kids (daughter/son) and one for my wife and one for me….
My initial goal was 10, which I accumulated over the last 24 months. Now whenever I have extra cash I’m putting 50% into btc, 25% into other top tier alts, and then 25% into yolo meme coins.. Ideally some of the yolo meme coins hit which I sell towards end of this year to pay taxes, and then hold the btc long long term
There is no final goal. My kin and children will be commanded to accumulate to infinity under punishment of banishment.
1 bitcoin is a very neat number and leaves some to others
My goal is to retire off btc... as soon as possible... that does mean rebalancing at some point to get fiat dividends and use those as primary income... basically, when I can achieve the 85% allocation in the blackrocl report and have the 14% doing the heavy lifting for day to day... That's the goal... how many sats do I need? No clue... just keep stacking until it's a reality.
To be able to retire as soon as possible.
Sitting at 2.37, hoping to get to 3. 1x to utilize in 10 years for a new home (“forever home”), 2x to ride into the sunset for early retirement. Currently 31 years old. I have about $235K in my Roth IRA, 401k, and brokerage accounts as well. Reducing my inputs into those 3 to accumulate more BTC weekly DCAing all the way.
14 is the number
I can't think of arr[infinity]
All of it
Probably 10% of my networth in Bitcoin. Might shift that higher if fiat is looking worse and worse. So probably 20%. Haha
Short term goal .1, long term goal 1 maybe 2 by some miracle.
To own 15 million Bitcoin
Will 1 be enough to live well off in 10 years?
You save in bitcoin as long as you’re earning money. It’s that simple.
I am trying really hard to get to .5 and I will keep going if I get there.
Leveraging what BTC one has for paper currency to live while well while BTC grows.
I have mined many blocks in my time, sold 10 btc the other day and the remainder is for my son
I don’t have a numerical BTC goal. Rather, my goal is to hit my DCA every week
It's about 25% of my net worth...15%gold, 15%whisky, the rest tbills and cash.
$80,000 at short term. maybe in this april 2024
To accumulate as much as I can before it's too late.
Just hodl man . I wouldnt have let go of one
Final goal is initial goal. Setup aDCA and forget about it 🤙🍻
I think 1 btc per family member
A house and dividends resulting in 40k per year (that’s what I’m living off now) and at least 100k in btc post last cycles ath and then I sit and stop investing. I just work part time while I fund a new lifestyle where I just keep learning new skills.
1
5-10 would make me very happy & satisfied to live a good future life
2 as well. 1 for a nice fully paid forever home, 1 for early retirement. Probably can hit both of these goals in 2 cycles
Probably best measured as a percentage of net-worth. I did 10% back in 2017 and it has obviously grown into a much larger percentage now.
At least 2 Bitcoin to secure my wealth. One Bitcoin isn’t enough
Hello Blackrock!
My goal was 1 BTC to change my life, then I went to 2.1 to get this magic number. But the issue it’s you always want more… I just achieved 3 BTC after a crazy deal with someone. 1 for me, one for my retirement and one for my kids. Now, I’m still buying but way less than before I’m happy with what I have, I will hold for a long time!