If so, many of us realize that bitcoin remains a volatile as fuck asset, and some of us proclaim that volatility is close to inevitable in bitcoin, which means that it likely close to one of the ONLY things that you are able to rely upon.. even though not really knowing which direction, so I wonder how you could lock in financial freedom from that $250k price in the event that it were to be a top, rather than a bottom?
Seems to me that would probably need to get into a kind of $1.5 million-ish territory before we might be able to start presuming anything in the range of $250k as a potential bottom-ish price arena.
Good post I agree that only the people that intend on taking their Bitcoin out at 250k would be financially free but then are you free because you took your money out of Bitcoin and put it into a dying fiat currency which will be having a big amount of inflation?
I think if you were to safe guard your investment you would withdraw 50/50 in Bitcoin and fiat. withdrawing 50% of your Bitcoin holdings when it reaches 250k and using that money for a house and to buy assets then retaining the rest in Bitcoin and use that for every day life?