It's a good plan but not easy to achieve. Now you have constant income in Bitcoin but for how long this might last. Many have tried but omly few succeeded to get really financially free with Bitcoin.
For that you need to earn a very good profit and store ir or invest further successfully because Bitcoin income/earning from investment will not last indefinetely.
I think that the reason why many of us are not getting it right is because we are forcing bitcoin to be what it is not, I mean forcing it be used as just store of value alone, meanwhile bitcoin is much more than just store of value but to be used as currency and as alternative to fiat for payment. I am sure that if we had all embraced bitcoin form this point, then the story would have been entirely different from what is being told of us now.
Many of us are just here because we really want to see bitcoin grow in value, but little are we contributing to it, contributing to bitcoin is not just buying and keeping the money in the wallet, but many of us run online stores, while some of us have physical stores, how have we encouraged the use of bitcoin, by accepting it too as means of payment and then displaying the logo in our store.