wachtwoord
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April 14, 2014, 09:52:25 PM


Dreamspark: 

How many coins are you thinking is "plenty?"

Anyone with 3,000 plus BTC can live fairly comfortable with passive income from that investment, even at today's seemingly quasi-suppressed BTC prices.    Given the ongoing uncertainties and volatility of BTC, it seems that 3,000 or more BTC would provide a bit of a cushion built in for living passively and taking an approximate 4% annual distribution.  Though if all of my investment was in BTC, and I was expecting to live passively off 3,000 BTC, I would have to diversify out of some of those holdings to feel comfortable... maybe less than 50% in BTC.

If an investor has fewer than the equivalent of 3,000 BTC contributing to his passive income, then s/he may still need to continue to work to build that nest egg.  And, if that person has even higher financial aspirations then that's another story.

What made you arrive at 3k BTC (at today's exchange rate $1.38M, or 1M Euro) as the cut-off point for living off passive income?