Hey guys,
I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.
What if, it will take 30 years from now on to reach $5k?
Will he be alive till that time?
It may take less time, but who knows?
For me, I think I will be dead by that time.
So I think I have to take solid decisions to secure my family instead of waiting 30 long years.
I would rather prefer to invest in real life business to gain some more profit.
I think I will much more gainer if compare to him.