Maybe when it reaches 500k+ (adjusted for inflation) – so maybe in 10-20 years. Maybe never. Who knows
MCL-Jonathan on
Not now, definitely. Perhaps in the next 3 cycles. So don’t go quitting your job just yet. Continue to work and continue to stack more!
BongDong69420 on
Eventually, absolutely.
Pale_Drink4455 on
Let me ask my secret decoder ring and I will surely get back to you with an answer soon.
IamNotTheMama on
Can you live on $200K?
brainwashable on
Not in the developed world.
OverOnTheCreekSide on
It depends on how much a person needs to live off of.
DirtyHarry8917 on
Depends when and where. In the developed world it will take at least 2 more cycles, maybe even 3
FitCompetition1804 on
Maybe in the next 15-20 years
Longjumping-Low3164 on
Probably but will take some time. Maybe 2030.
outoftownMD on
5-10BTC is spicy for wealth.
Impressive_Rain2877 on
Currently? Heck no. That’s less than $160,000.
liftcookrepeat on
2.5 BTC is solid but not automatic freedom, it really depends on price and your living costs. volatility is the part people underestimate, it can swing your net worth a lot. check your yearly spend and what price would actually cover it. also think about taxes and how you cash out. are you holding long term or planning to use it soon?
Odd-Macaroon-9528 on
In 10-15 years yes
Adventurous-State940 on
250k? No
HmAaKkAaMh on
Yes and no.
But I believe whoever owns 2.5 BTC knows that they need to continue growing their 2.5 BTC and so they still got to worry my friend.
Maybe in the future the 2.5 will be worth a lot more than what it is now…
Emergency-Warthog-56 on
Depends on how long you hodl.
bbatardo on
How would you generate income from it? Or would you just sell? In general you want some reoccurring source of income to slow the decrease of your assets.
Pure_Issue_4459 on
The time will come when even 0.10 BTC will be more than enough. Trust me, I know what I’m talking about…
tooheavybroo on
In 20 years yes
Budget_Dragonfruit89 on
It is roughly 200k. Use as collateral 50% gives you ~100k. 100k on btci 28% yearly gives you 2000 per month. You can easily live in something like Bolgaria or Thailand
Arbiter_89 on
Yes, but I think it’ll be around 20 years from now.
AdvanceU2 on
In South Africa you’ll live very comfortable.
BlueTwist3r on
Would be enough if you are in country like bangladesh
helmetdeep805 on
You can retire in a 3 rd world country and live like a king
No_Knee3385 on
In any first world country, absolutely not. You need millions
WD40Capital on
Holding crypto without worries? Lol
monkeyhoward on
2.5 bitcoin would change my life right now but I would still have to find a job (looking for 8 months now) and I would have to continue to work for some time
rach2bach on
Honestly, I think the next cycle will actually be the super cycle everyone thought this last one would be.
The macro environment is just primed for it as the US petrodollar system really is teetering and on the verge of collapse.
I’d bet that 1 BTC in this scenario may actually be good enough for one person if you were to live frugally because my guess is that this upcoming cycle will take us to somewhere in between 250-500k, and the following portion of it to 1 million+.
I know I’ll get haters even in here saying no fucking way, but we are about to see hyperinflationary environments because of the construed energy crisis. We are about to see a true recession test, and my bet is that Bitcoin will flourish.
Relative_Article556 on
Btc is going to a milly if you can be patient enough. 1 milly is enough to live a decent life and travel the world and never have to work again
EverySingleTime23 on
my estimate is bitcoin will be 1 million in 2034-2036. if 2.5 million usd is enough for you, then probably.
Few-Engineering9803 on
Why don’t people provide ANY context to this rather vague question? There are a bunch of factors to consider: Age, location, singel/family, lifestyle, expenses, BTC price in the future etc.
2.5BTC for someone living in some backwater 3rd world country is vastly different than for me living in a super rich country.
33 Comments
Maybe
Depends where.
Here in Germany definitely not.
Maybe when it reaches 500k+ (adjusted for inflation) – so maybe in 10-20 years. Maybe never. Who knows
Not now, definitely. Perhaps in the next 3 cycles. So don’t go quitting your job just yet. Continue to work and continue to stack more!
Eventually, absolutely.
Let me ask my secret decoder ring and I will surely get back to you with an answer soon.
Can you live on $200K?
Not in the developed world.
It depends on how much a person needs to live off of.
Depends when and where. In the developed world it will take at least 2 more cycles, maybe even 3
Maybe in the next 15-20 years
Probably but will take some time. Maybe 2030.
5-10BTC is spicy for wealth.
Currently? Heck no. That’s less than $160,000.
2.5 BTC is solid but not automatic freedom, it really depends on price and your living costs. volatility is the part people underestimate, it can swing your net worth a lot. check your yearly spend and what price would actually cover it. also think about taxes and how you cash out. are you holding long term or planning to use it soon?
In 10-15 years yes
250k? No
Yes and no.
But I believe whoever owns 2.5 BTC knows that they need to continue growing their 2.5 BTC and so they still got to worry my friend.
Maybe in the future the 2.5 will be worth a lot more than what it is now…
Depends on how long you hodl.
How would you generate income from it? Or would you just sell? In general you want some reoccurring source of income to slow the decrease of your assets.
The time will come when even 0.10 BTC will be more than enough. Trust me, I know what I’m talking about…
In 20 years yes
It is roughly 200k. Use as collateral 50% gives you ~100k. 100k on btci 28% yearly gives you 2000 per month. You can easily live in something like Bolgaria or Thailand
Yes, but I think it’ll be around 20 years from now.
In South Africa you’ll live very comfortable.
Would be enough if you are in country like bangladesh
You can retire in a 3 rd world country and live like a king
In any first world country, absolutely not. You need millions
Holding crypto without worries? Lol
2.5 bitcoin would change my life right now but I would still have to find a job (looking for 8 months now) and I would have to continue to work for some time
Honestly, I think the next cycle will actually be the super cycle everyone thought this last one would be.
The macro environment is just primed for it as the US petrodollar system really is teetering and on the verge of collapse.
I’d bet that 1 BTC in this scenario may actually be good enough for one person if you were to live frugally because my guess is that this upcoming cycle will take us to somewhere in between 250-500k, and the following portion of it to 1 million+.
I know I’ll get haters even in here saying no fucking way, but we are about to see hyperinflationary environments because of the construed energy crisis. We are about to see a true recession test, and my bet is that Bitcoin will flourish.
Btc is going to a milly if you can be patient enough. 1 milly is enough to live a decent life and travel the world and never have to work again
my estimate is bitcoin will be 1 million in 2034-2036. if 2.5 million usd is enough for you, then probably.
Why don’t people provide ANY context to this rather vague question? There are a bunch of factors to consider: Age, location, singel/family, lifestyle, expenses, BTC price in the future etc.
2.5BTC for someone living in some backwater 3rd world country is vastly different than for me living in a super rich country.