The problem with this assumption lies in the USD still being around and BTC isn’t simply the unit of account. The CAGR and 4% rule don’t apply with a fixed supply asset. That’s a fiat mindset. What matters is purchasing power if BTC becomes money (saving & spending) and for that it is estimated to be 100-1000X for every $1 invested.
@AApyrofreak Жыл бұрын
Trying to get as close as possible to 1 BTC before 2024. England becoming a crypto hub. (Early 2024) Market turning around finally. (Late 2023 - Early 2024) Bitcoin halving. (March 2024) Hongkong opening crypto trade. (June 2023) Nothing is sure, but a new all-time-high seems likely next year. 😳
@stevewilson1890 Жыл бұрын
I’ve became a Millionaire with Bitcoin and Crypto , I started out as a Billionaire !!!
@mikesmith2102 Жыл бұрын
I don’t have 10 years. I’m 60 and family history gives me maybe 5. I’m well positioned if price spikes, but a slow climb and only people in my will will by happy.
@neox9369 Жыл бұрын
What does family history have to do with your own lifestyle and nutritional decisions as well as knowledge to enrich your health/longevity? Crazy times when ppl don’t even expect to see 70 or even 60 today
@BobbyHo20229 ай бұрын
Don't worry about money then if u got 5 years left.
@marioo63158 ай бұрын
Exactly why even worry, ur time is more valuable if u only gave 5 years
@stevekings9460 Жыл бұрын
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires..*
@marywils8118 Жыл бұрын
If you are using really a good broker or account manager is easier to earn from the market
@zinzayzinzay3085 Жыл бұрын
That sums up life🤷
@florianwurm42206 ай бұрын
Ah the shill comments! Let me guess: "Misses Amanda Shillfist" is her name
@stevierayripple Жыл бұрын
You still beating that drum ? ,,,,,,,Don't you realize it"s BROKEN !!!!!!!
@webcompanion7 ай бұрын
Simple and clear calculation. Excellent you took all the different types of FIRE to demonstrate how much is needed. Today (end of March 2024), Bitcoin is currently at $69,887 per coin. Still a long way to 2033! Take care
@AHHHHHHH162 Жыл бұрын
Sam, do a video on the top 5 DEFI projects
@vdan2879 Жыл бұрын
10 years is nothing. I'm all in.
@Americanpatriot723 Жыл бұрын
Right now financial security should be at the top of everyone's priority list. Learn how to invest in the stock market and manage your money. Put everything you've got into it. When I received my first paycheck, I knew I needed to invest. I never imagined that a few hundred dollars per month would add up. However, it is. I've earned around $600,000 since 2019.
@IAMBETTERTHANYYOU Жыл бұрын
Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
@elizabethyork590 Жыл бұрын
@@IAMBETTERTHANYYOU I completely agree, which is why I prefer to delegate my investment decision-making to an investment advisor. It is nearly impossible for them to underperform given their specialized knowledge and research, as well as the fact that every one of their abilities is geared toward utilizing risk for its asymmetrical potential and mitigating it as a buffer against certain bad turns. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300k.
@sommersalt88 Жыл бұрын
@@elizabethyork590 That's actually quite impressive!! I could use some Info on your investment adviser, I am looking to make a change on my finances this year as well.
@greekbarrios Жыл бұрын
@@elizabethyork590 wow!!! how are you able to achieve all that given that the market has being a mess most of the year?
@elizabethyork590 Жыл бұрын
My investment advisor is "LISA ELLEN SHAW." I first came across her in a CNBC interview, after which I got in touch with her. She has since provided me with entry and exit points for the stocks I'm interested in. You may search her up online if you need supervision. I mostly do as she says when it comes to market decisions, and I haven't felt bad about it.
@benhartart9487 Жыл бұрын
I am retiring top of the Bull 2025 age 44
@Nicholas.Tsagkos Жыл бұрын
How much have you invested in BTC?
@drebrown6098 Жыл бұрын
Why would anyone withdraw their large bitcoin position? Doesn’t it make more sense to borrow against it and use untaxed leverage?
@ericomfg9 ай бұрын
Bingo. Borrow against it and buy something that generates cash flow, like a rental property or something
@AnonDa Жыл бұрын
Most ppl do not retire on 100k annual income. Not even close
@SatoshiHODL Жыл бұрын
These are super conservative numbers. Would be nice to see more agressive numbers for 5mil-20mil BTC.
@bradwells5774 Жыл бұрын
Great break down! To summarize, just buy as much as you can early on.
@CatsAreNiceMeow Жыл бұрын
Is it too late?
@drumming-and-discipline Жыл бұрын
I think your assessment is pretty reasonable and conservative. Good job!
@travisprice1325 Жыл бұрын
The problem is that you're saying the 250k annually is not severely diminished in purchasing power.
@airaozolina7555 Жыл бұрын
Thank you for information! This info is Gold!
@sdsdsads5963 Жыл бұрын
Qartn token and amazon signed a partnership. It will blow up once it hits mainstream.
@LeeAus Жыл бұрын
Love this !!! More of these please 😊
@wahidmardan Жыл бұрын
Does holding other alts make any sense? Or is this only Bitcoin the real thing?
@rubenortega6088 Жыл бұрын
100,000,000 in 50 years not bullish actually conservative
@D52M5 Жыл бұрын
I wish there was a reminder setting to come back to videos.
@jasmats7 ай бұрын
Here's your reminder
@emreee7357 Жыл бұрын
Qartn token will make millionaires, after CEX listing it will blow up.
@petersboro8502 Жыл бұрын
Does this take into account capital gains losses?
@brianworkman4298 Жыл бұрын
3000 a month handles my expenses and that’s my house payment and all my bills and i still have 1000 Left over every month to spend on what I need but I do live on bare necessities
@solharvester2341 Жыл бұрын
Thank you for this chart. This really puts it in perspective. Would be really interesting to look back on this in 10 years and if I find this again, I can tell you where I'm at compared to where I was at when I posted this. I'll just say that I'm struggling to figure out how to get to just one coin, but I have some ideas.
@guntherxtent Жыл бұрын
Incredibly valuable, thanks!
@jofieraymond6528 Жыл бұрын
Why would anyone apply the 4% rule when the 4% rule is based off of historical performance of stocks and bonds and Bitcoin doesn't have the history to do the same back testing?
@gothops2632 Жыл бұрын
1 bitcoin will peak at 250k between 2032-2035 and 1 ethereum will be 10k during the same time period.
@SatoshiHODL Жыл бұрын
6:44 You think 100k is bearish? This whole list with a 2M max BTC price is bearish for a 10 year forecast. BTC will minimally be between 2M-15M, not 2M max. Maybe a new video is in order reflecting a more bullish (and more realistic) forecast.
@lifeuncommon1116 Жыл бұрын
Ooooookay…, show your workings
@jeffreyexposito3803 Жыл бұрын
$189k Bitcoin by end of 2025
@babaprogamerinbabas Жыл бұрын
Qartn token will moonshoot after CEX listing..
@sarellavy13627 ай бұрын
Can I buy and keep my bitcoin on PayPal? Is it safe to keep it there?
@Willo59 Жыл бұрын
Good thought-provoking retirement insight. I trued to do something similar myself recently but found that when you factor in the future “cost of living” values (which roughly double every 10 years here in the uk) it does mean that you would have a tight first 4 years following retirement, but providing you buy / sell somewhere near the bottom / top then during the next bull run, things get a little more rosy.
@markpalmer8083 Жыл бұрын
Not today, dude.
@ConcealedCourier9 ай бұрын
Made it to Coast FIRE today.🎉
@whatThaWho Жыл бұрын
Be nice if you released the Sheets version of your spreadsheet so we can play with it?
@gingabeard7090 Жыл бұрын
Working towards .5 - 1 btc. All on the cold wallet!!!
@riskbusin3ss Жыл бұрын
Remember if BTC hits those prices we probably be in hyperinflation and your purchasing power will go down in value. So $1m might be just $100k.
@danlusha1919 Жыл бұрын
If the price only moves because of currency debasement is it really worth anything more?
@miked4973 Жыл бұрын
That depends. If currency debasement happens I’d still be happy because I have 3 properties with fixed mortgages. Would be much easier to pay them off
@ericdavis8445 Жыл бұрын
IF I spend 10K on bitcoin, it could be how much in 5-10 years?
@dyztructive Жыл бұрын
50-100k
@joaomsquatorze Жыл бұрын
What is exit liquidity explained in one video 🤔 ( when ads )
@joaomsquatorze Жыл бұрын
First time i bought btc was at 15$
@juanthedominican8824 Жыл бұрын
Can you please do a video how to ritre on chain link 2030 ????????????
@Biztalkcontrolcenter Жыл бұрын
Too much spam. But dollars value will go down, so 2 million means like 200K
@lacantara23 Жыл бұрын
This was an excellent video really puts things into perspective more pls!!
@bbqsniper5228 Жыл бұрын
to say 1mil per bitcoin is not extremly bullish is ridiculous, we will be happy if it hits 500k even with crazy inflation 🙈
@mklrodzpad4629 Жыл бұрын
Very cool thx for the work you put in!
@MyFinancialFriend Жыл бұрын
You’re welcome!!
@CatsAreNiceMeow Жыл бұрын
I’m just learning about it. I only have 1k invested in it. Is it risky?
@Judah_Mafia_074 Жыл бұрын
You focus more on the Satoshis and not the US dollar
@lasanthasulalithasooriyahe7018 Жыл бұрын
Good idea.. but not clear your vedio recoding👍
@inpersonaDK Жыл бұрын
Thank you
@jonathandeller Жыл бұрын
Very interesting video, thanks! So if you just plant to hold or 'hodl' bitcoin, does it make sense to just buy it on Paypal? Is that a good idea? I'm just asking because you know all these crypto exchanges keep going bankrupt. What would be the advantages/disadvantages of buying Bitcoin on Paypal? Thanks
@MyFinancialFriend Жыл бұрын
Hi Jonathan! I haven’t looked at PayPal fees recently so I’d have to check, but I’d move it to a cold storage wallet no matter where you buy! Not your keys, not your crypto.
@nicolebozeman2647 Жыл бұрын
Great video.
@hodldom Жыл бұрын
Great video thanks Sam your the man!
@Husltersneversleep Жыл бұрын
From the same guy that told you to stake cake a year ago.
@tylerspickerman5984 Жыл бұрын
What do you guys think ethereum will be by 2030?
@Donaldperson7 Жыл бұрын
This all won’t make any difference if ww3 comes in the next year? How is that going to effect bitcoin I never heard anything about that on the internet?
@Donaldperson7 Жыл бұрын
You haven’t factored in the amount of all bitcoin! There’s only so many so only so many people will have it! Right how many people can have 25k bitcoins? X people? Right! See my point so how is it going to go up when it’s all bought?
@romansrnka1750 Жыл бұрын
it looks like bitcoin is artificially pumped to make it look like it's going up but it looks like it's going to fall to 25k
@mryugo7829 Жыл бұрын
4.23 BTC not that much for some people but i started with about one grand in 17 xD
@fabiobezerra9569 Жыл бұрын
Great vídeo, very enjoyable and informative!. Could you please make the same with ETH, MATIC and LINK? ✌🏼😁
@digitalbobby42 Жыл бұрын
You can't go back in time to 2018 to buy btc???
@KickstonesBitcoin Жыл бұрын
Yes but the dollar VALUE in 2033 might be worthless or near to it... you may just spend your bitcoin instead. STACK HARD
@anthonygreen2838 Жыл бұрын
What about capital gains tax?
@rjim1 Жыл бұрын
Shh, they don't like to talk about that little inconvenience. I guess you could be clever with the liquidation of such assets and spread the amount over time to keep within your yearly allowance, if you have such a thing in the country you reside, that is. Otherwise as far as I can tell it seems like there is no getting away from the CGT monster.
@ladygism5 ай бұрын
@@rjim1if you are retired you have no income so no CGT
@rjim15 ай бұрын
@@ladygism there are currently no age-related exemptions on capital gains tax in the UK. I can't speak for wherever you may be but here we are bent over and rogered with no lube!
@aldroid4844 Жыл бұрын
Ten years! How about 3 years
@desman9 Жыл бұрын
Cool video
@felicialopez4229 Жыл бұрын
What if we want to retire in 5 years as a fat FIRE. How many Bitcoin do you think we would need with of a value of BTC in the middle of bearish and bullish? :) We’re new to Bitcoin.
@ladygism5 ай бұрын
Check out the Bitcoin fire calculator and the power law.
@adambui7935 Жыл бұрын
If you only eat bread and drink water, you won't need much bitcoin, shiba inu it is sufficient
@scottsayer6012 Жыл бұрын
Welcome
@conduit242 Жыл бұрын
Dude lol…at $2M bitcoin, you’re talking about it having the value of the global equity market. No. Certainly not in 10 years. The capital as to come from somewhere else and it’s not coming 100% out of companies and into Bitcoin. Realistically you’re looking at $250k in ten years.
@travisprice13255 ай бұрын
Bitcoin has generally 4x'ed from the halving to the peak. The Halving price was around 70k. 280k at the peak is completely reasonable in 2025.
@milfordgrand Жыл бұрын
The Crypto market has proved to be profitable over time but it all depends on your choice of investment.
@moetowne508 Жыл бұрын
Great educational video. Please do more similar to this one. Thanks
@inviz1769 Жыл бұрын
This aged well
@Mybwain Жыл бұрын
I think i need about 150 BTC
@lagronemikal Жыл бұрын
As an American, to offset the rising prices I'm relocating my family to Medellin, Colombia. Beautiful city and unbelievably affordable to live lavishly. Lower capital gains rates than the US. And oh yeah, the hottest women in the world.
@mkwarlock Жыл бұрын
You have a typo in the title - it should be "Less Than" (you have typed "Leas Then" by mistake).
@MyFinancialFriend Жыл бұрын
Jeesh your right. Thanks!
@AApyrofreak Жыл бұрын
Hey what's the name of your Discord? (I know of link in description, don't click em as rule of thumb)
@1character. Жыл бұрын
March 10th, 2023. 1437 Talking to Kraig Saa about Star Trek, banks like Silvergate are failing, fiat on-ramps to the bitcoin/crypto exchanges are getting very difficult seemingly out of tradfi's agenda to retain decades of power over the people, the US is heading into a recession if not depression, if I'm still alive in 10 years I'll be back to update how it all went.
@pierzing.glint1sh76 Жыл бұрын
Hi i have a question How do you actually invest in the index fund S&P with Bitcoin ? What is the appropriate app or program ??
@dr.paulj.watson4582 Жыл бұрын
Thanks, I'm a student and modest investor in Bitcoin. Bullish. My dear wife, however, is scared to death of it. I think I might be able to get her to watch this video. 🎉
@ExpensivePizza Жыл бұрын
The key is to find an amount you're comfortable with each week and dollar cost average over time. For example, you could allocate 5% of your income each week. That conversation should be a lot easier to have with your wife than looking at the big numbers.
@AndyWarhol19628 ай бұрын
Damn, that's some good pot....
@thecontentengineer-xyz Жыл бұрын
Are you going to make your spreadsheet available as a download?
@rootpt Жыл бұрын
AZERO and be a millionaire
@argon5806 Жыл бұрын
BTW Gary Gensler does look like and act like.... Mr Burns from the Simpsons.
@marklane870 Жыл бұрын
Is this video aging well? Punk panda still around
@thugaegalo66893 ай бұрын
We all regret not puting 10dollars 10 years ago 😂
@alexp4nder607 Жыл бұрын
I mean i dont need to retire… But i could be free an work on what I want. Work less, or do a Easy Job I think This Numbers Are realy Good 😅
@Sicario-Gamer Жыл бұрын
Bots on it hardcore in here 😂
@timrichmond5226 Жыл бұрын
Completely flawed, your numbers assume conversation of all BTC to dollar and then calculated using stable dollar value. In reality BTC will continue to rise in value over the 20 years. To be filthy rich you only need 20 million sats. Given that the value will continue to rise as you withdraw.
@kdelete4949 Жыл бұрын
BTC INFLATION price estimate is BS. Guess what if BTC gets to $15 million in 10 years then it's buying power is going to be like $500k in today dollars.
@stephenoneill2844 Жыл бұрын
That is my bag (2.5) lol.
@Sparta1993 Жыл бұрын
I invested in 2021… 10% a year? I’m still down 25%😂
@williamread8186 Жыл бұрын
I find these Bitcoin projections interesting. I put together a model based on historical data and assuming that Bitcoin produces no wealth (makes no interest or grows on its own) and basically consumes capitalization wealth. Basically it will always be a zero sum game. Using a biological type growth model and fitting historical data indicates that the big growth era is over and that in 2033 it will be worth $62786. This assumes 5% inflation and BTC tracks it. In other words it will cost $1.62 to buy todays dollar value so in terms of today’s dollars that is $38545. I am really curious to see if this model gets it right. I am certainly planning my investment strategy on it. I have yet to see anything like this, it’s either $1M or $0 depending on who you speak to. BTW I not anti BTC but trying to best understand it for what it is.
@williamread8186 Жыл бұрын
@@matrixxxx6263 it’s included in the modeling as an oscillation in the market capitalization. This feature was necessary to get consistent parameter results that were not too dependent on the start date of the fit. It actually turns out that the model fits 44 months not 48 for the cycling. One halving occurred after 42 months and another after 47 months thus so far these halving events seem to happen a bit quicker than 4 years. I wrote a program on my phone where you enter a date and it gives an estimate. In a long term running average sense (excludes short term volatility) it predicts the bottom to happen in May with a price of $25K. Not investment advice but according to the model BTC is little underpriced today.
@lifeuncommon1116 Жыл бұрын
Agreed. My calculations were $50k approx. But we are of the same mindset.
@brianponcelet3529 Жыл бұрын
Let’s be frank the crypto world is a big dumpster fire. So my guess is you’re going to need many miles of dumpsters in order to retire.
@avenuempire Жыл бұрын
🤖 bee-boop
@NAMAMI76 Жыл бұрын
i already did
@milfordgrand Жыл бұрын
hi
@mailmarius Жыл бұрын
this calculation seems childish.
@Abridoda9 ай бұрын
You want a really nice car, a 'tesla' 😂😂😂😂
@richardgates7 Жыл бұрын
Jesus that was like pulling teeth
@TheDegenerateSuperCoach Жыл бұрын
Good video but your sponsor part is a huge red flag.