Quote from: Kez1817 on Today at 10:51:06 AM

Wow! Very inspiring post OP. It's difficult to hold bitcoins for a long term and also difficult to change your daily habits but you did it. This will help people here to follow your habit instead of wasting money in not necessary things or foods that can harm your health. It's really a good example for everyone and at this moment you already gain a lot of profit from your bitcoin holdings at the value of $60K above. Your example is a good motivation and I want to try it also.

Sure, everyone feels good being in profits in the short term, but the short term does not really matter too much.

If your investment thesis allows for at least a 4 year time horizon, then you can look at where you are at in 4 years and perhaps give a bit of a congradulations, and likely even more of a congradulations 10 years after starting... .. even though I understand that short term might feel good too, but the short term should be considered as paper profits rather than actionable profits.

By the way, if you are really considering getting to a kind of fuck you status before digging into your BTC, then perhaps even 4-10 years is not enough to actually do any kind of sales of bitcoin.. everyone has to decide for themselves in terms of how to manage their wealth and if they are going to change from DCAing into bitcoin and to start to employ techniques like skimming off the top of their BTC profits or engage in other ways of managing their BTC holdings above and beyond DCA buying... The tactics and strategies might become more clear once the 4-10 years have passed and at that time it will be more concrete regarding what kinds of new tactics to follow, if any changes are deemed to be changed..

For sure more options are available for those who have BTC holdings that are within larger levels of profits, so likely the longer the passage of time, the more likely that profits are going to become better, and surely DCA might be the best of the techniques for normies trying to manage cashflow, but also lump sum investing and buying on dips can also be used to supplement accumulation.. so when you get 4-10 years down the road, your options can be appreciated....

On my personal level, I am getting close to 8 years in bitcoin... , and even with a relatively modest investment of $10 per week would have gotten someone nearly 5 BTC by now, and of course a more aggressive investment of something like $100 per week would have gotten 10x those results.

Probably based on current money printer and other various irresponsibilities that are happening to debase fiat money (and maybe even the fact that bitcoin is in a later stage of price appreciation), it may well be better to aim at a more assertive BTC investment approach and go for investing $100 per week as a target, if you can... and then see 4-10 years from now how your BTC investment holdings are doing.. I would surmise that there are really good chances that you will be in a decent place 4-10 years from now if you are able to attempt to be as assertive as trying to put $100 per week into bitcoin every single week.

I understand that not even OP has gotten his investment into bitcoin to $100 per week, but he is coming very close to that, and I am not even going to poo poo smaller levels of investing into BTC because each of us can ONLY reasonably invest as much as we are able to spare.. so sometimes it might not be reasonable or possible to set aside $100 per week or $400-ish per month.. so we do what we can and we also try NOT to over extend ourselves because we do not want to overinvest into bitcoin to such an extent that we are forced to dip into our bitcoin savings/investment at any time that is other than a time that is completely of our own choosing.