How to Retire on Bitcoin: How Much BTC Needed?

Many Bitcoin newbies don’t really understand how Bitcoin can lead to financial independence and early retirement.

Once you study Bitcoin, you realize that BTC is built upon sound principles such as scarcity, value transfer, and energy conservation. These unique principles are why crypto investors refer to Bitcoin as “digital gold”.

When I bought my first Bitcoin in 2019, I soon realized how BTC could lead to early retirement and financial independence before age 40 if I simply bought Bitcoin and held it securely in cold storage.

Buy and hold is the best way to plan for an early retirement because Bitcoin has only gone up over the long run.

My Simple 2-Step Bitcoin Retirement Plan to Reach Financial Independence

I believe crypto investors should keep things simple to improve the chances of being consistent. My Bitcoin retirement strategy goes like this:

  1. Buy Bitcoin and store it in cold storage
  2. Invest in companies with Bitcoin on its balance sheet and Bitcoin ETFs

That’s it! I have 50% of my net worth in Bitcoin and the rest in a diversified portfolio of crypto stocks and REITs.

I put at least 10% of my gross monthly income into Bitcoin and HODL for the long run. These coins are placed into cold storage for extra securty and aren’t in my active crypto wallet.

I also invest in the following crypto stocks that will grow in value as Bitcoin adoption increases:

  • MicroStrategy (MSTR): #1 publicly traded company with the largest Bitcoin holdings of over 158k
  • Marathon Digital (MARA): #1 publicly traded Bitcoin miner with over 13k BTC
  • CleanSpark (CLSK): Fast-growing Bitcoin miner with over 2k BTC
  • Bitcoin Depot (BTM): #1 Bitcoin ATM company in the world
  • Grayscale Bitcoin Trust (GBTC): The world’s largest crypto firm with over 600k BTC

I hold mostly crypto stocks in my growth portfolio and GBTC in my SEP-IRA. Based on my aggressive Bitcoin price prediction, I should be able to retire by 2025 if Bitcoin reaches my price target.

How to Increase Your Bitcoin Stash and Crypto Investments

I understand many of you have 1 single problem: not having enough money to invest in Bitcoin or crypto stocks.

You must do 2 things to fix this problem:

  1. Increase Your Income
  2. Decrease Your Spending

Focus your energy on these two things until you free up enough cash to buy more Bitcoin. Offer more value at your job and start a side hustle to increase your income.

Eliminate silly expenses and people from your life to decrease your monthly spending. Take all that extra money and buy Bitcoin.

Keep Stacking Until You Reach Critical Mass

Buy Bitcoin until you reach a certain amount of money so you can retire early. For most people, you need around 25 years of annual expenses to stop working completely.

If you spend $50,000 per year then you need at least $1 million to retire comfortably. Focus on getting at least 1 BTC so you can hit $1 million during the 2025 crypto bull run.

Crypto stocks will grow along with Bitcoin and provide the opportunity to sell covered calls.

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