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Answer to a frequently asked question
Bitcoin is about preserving wealth over time, not getting rich without effort. Assume that your savings are protected from inflation, but not more. Calculate how many dollars you would need to retire now, convert this amount into bitcoins and use this value as a guide. Don't just multiply your stash by $1 million or $10 million and expect that to be enough. Even if we reach this price for Bitcoin, the prices in stores will also be completely different. submitted by /u/evgeniy_pp [link] [comments]
| | Bitcoin is about preserving wealth over time, not getting rich without effort. Assume that your savings are protected from inflation, but not more. Calculate how many dollars you would need to retire now, convert this amount into bitcoins and use this value as a guide. Don't just multiply your stash by $1 million or $10 million and expect that to be enough. Even if we reach this price for Bitcoin, the prices in stores will also be completely different. [link] [comments] |
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