I remember 2022 differently.  FTX did not really start to panic and sell their BTC until late in 2022 ( maybe that was even as late as September or October, which would have been around $20k and sure maybe it was already too late for them), but we had already gotten several crashes before FTX was understood to be doomed.  For examples of prior crashes the BIG one was Terra/Luna that led to 3AC, Celsius, BlockFi and Voyagert.  Also, remember FTX went from being the savior of everyone, and then that all fell through all of a sudden.  The were even in the midst of a deal to buy Voyager.  And then further crashes of Genesis and the shenanigans with Gemini and Grayscale did not come until after the FTX crash and maybe it was already into early 2023 when that stuff was going on.


Like I mentioned, I am not much of a fan of selling in order to accumulate more Bitcoin... and I am personally a fan of buying more to accumulate more BTC.. but sure once you get to over accumulation stages, then you can sell some, but from my point of view, the selling is not meant to be for the purpose of accumulating more.  I suppose it could be interesting to know if that works, but maybe we are just talking in terms of degrees that I would not necessarily object to, since I am a bit of a fan for selling on the way up, I just have my doubts about selling out of one hand and buying from the other or selling too soon and then having to buy back higher when it would have just been better to either just HODL or to keep buying or just wait to buy on dips rather than selling in order to accumulate.


Yeah, maybe in the end, it will all work out for you to play that strategy?


In some sense, I am NOT attempting to be overly definitive regarding when anyone might transition from a status in which he feels that he needs to accumulate more coins and when he starts to feel as if he has enough coins, and maybe even with my own coins, I had considered that I have enough way before reaching the fuck you status on paper... even though we can suggest that between 2013 and 2020, I had considered default entry-level fuck you status to be $1million rather than $2 million, so presumptively that would mean that ONLY half of the coins as was depicted in the chart were needed prior to 2020, but then after 2020, I began to consider default entry-level fuck you status as $2 million.... and maybe it has ONLY been in the last cycle or so that I have become more and more wedded to the 200-week moving average (as a bottom price), and maybe partly due to some of stock-to-flows influencing the way that many of us talk about bitcoin.. including that it can sometimes be difficult to try to keep focusing on bottoms rather than tops, even though both end up being important when it comes to figuring out ways to manage your BTC stash or thinking about if you have enough coins, yet.

Maybe my own juggling with some of these issues also had to do with having a certain amount invested in bitcoin by late 2014 as being 10% and then reaching 13.5% by late 2015, and then thinking that I had gone passed my target accumulation level by 3.5%, so I had always there after considered that I was in a status of overaccumulation since any amount of BTC that I was selling would not really end up reducing my BTC stash. 

I am not going to claim to know the answer, and if you say that you have to keep accumulating BTC until 2032, then so be it.  You are the best one to be making those kinds of decisions in regards if you have enough or if you might need to change your strategies away from ongoing accumulation and maybe more into maintenance and/or liquidation... even though you still could be buying on dips even if you are in maintenance, and I would imagine that you would also not be precluded from buying when you are in liquidation stage either.