Quote from: joker_josue on Today at 12:41:01 AM

Quote from: JayJuanGee on February 08, 2024, 08:49:21 PM

Sure there could be a general field rather than a tax specific field, the field would account for estimated expenses and it would reduce the payout amount in order to attempt to measure net pay as compared to gross pay, yet from my current thinking that kind of extra field seems to have tendencies to overly complicate the tool. What do you think bitmover? Do you want to add an expenses field?

One of the main reasons to use this kind of a tool is to get some kind of idea regarding how much BTC to withdraw and to even show maximum withdrawal amounts based on current BTC price conditions in relation to the 200-week moving average, and surely there could be some cases in which the actual benefits of the coins is reduced due to various transaction fees, taxes or other costs that could be applied right at the time of withdrawal, yet something like taxes might be a matter of how it is categorized within reporting categories that might be somewhat ambiguous and difficult to capture even if we were to put a general expenses field in there, and even if such an "expenses" field might be helpful, I am still leaning towards thinking that such a field adds more clutter, complication and distraction to the idea than it benefits - even though it is not totally irrational to want to include the consideration of those kinds of personalization ideas.

It doesn't need to be a very specific field, something generic could be interesting. The possibility of indicating a fixed value or a percentage.

it still would end up in the user input data so then would end up affecting the results of the output, and I would imagine the default would be zero, so the user would need to select either a percentage and/or a fixed amount.

Which kind of reminds me of what I consider to be a more important feature that is currently not present which is the user's ability to share his inputs, so that if he provides a link to someone they could optionally see his inputs...

Each of these DCA cites allow for the copying and sharing of results based on inputs.

https://dcabtc.com/

https://dcacryptocalculator.com/bitcoin

https://costavg.com/

Quote from: joker_josue on Today at 12:41:01 AM

It is true that there are several possibilities, in turn the person making the withdrawal may have expenses, expenses that will be deducted from the withdrawal amount. So, having a way for the match to get an idea of this value can help in making a decision.

Fair enough.

Quote from: joker_josue on Today at 12:41:01 AM

In fact, you can even change the data, and make the indicated withdrawal times no longer exist.

I am not sure exactly what you mean, here. If we are in the middle of a month and working through our monthly limit, of course, the BTC price relative to the 200-WMA is changing throughout the month, so a lot of times if we are just considering that we do not go over the authorized BTC withdrawal amount for that particular month, then that amount should stay consistent as long at the BTC price is at least 25% or higher than the 200-WMA so we can keep track of our various withdrawals until we reach our monthly limit or we could just do them all on one day for the whole month.

On the other hand, if we are going to perform some kind of an withdrawal of advance months, then the number of months that we are authorized to withdraw in advance might have a short period of time that it is possible to accomplish based on if the BTC price moves into a certain range that authorizes additional months to withdraw in advance. There could be discretion regarding how to accomplish the withdrawals and at which price point, and the user would have to keep track of how he is carrying out such record keeping and keeping himself within the parameters of the guidelines of the rules of the tool (if he were to choose to try to follow the rules of the tool..including that if I were to authorize you joker_josue to withdraw from an account that we establish within the confines of the tool, then if you want to stay compliant, you would be restricted to the amounts within the parameters of the rule...and we could plug in our 20.5 example for that... .

Bitmover and I have already been discussing some of the difficulties with the tools ability to capture the exact spot price upon hitting refresh or at any specific time of the day, and as a tentative resolution we had agreed to showing BTC's price range for any selected day (and bitmover is still working on adding that) and I am not sure if having that feature will completely resolve the issue of trying to figure out at what price on the upside a person might be triggered to withdraw additional months or perhaps on the downside at what price the withdrawal amount might enter more restrictive territories.... and perhaps some of the calculations might need to be carried out manually for someone who had gotten used to using the tool and understanding how it works in line with familiarity with the formulas that are contained to trigger changes in the monthly withdrawal limit thresholds.

Quote from: joker_josue on Today at 12:41:01 AM

Or change accounts for consistent withdrawals over time.

Consistent withdrawal over time would be a different tool. Admittedly as long as the BTC price is more than 25% over the 200-WMA, the monthly withdrawal amount in terms of BTC will be the same in terms of BTC amount, but surely not in terms of dollar value. Also the further the price is above the 200-WMA, the more months in advance become authorized for withdrawal, and I think that it would be prudent to take advantage of those guidelines, especially once the BTC price starts to get into % territories (such as higher than 400% above the 200WMA) that are authorizing 23 months in advance and more...and yeah there could be some accounting difficulty in regards to doing that, but it is still recommended to follow...especially if there are preferences to cash out BTC during the higher prices rather than during lower prices... and even though the tool is giving guidelines and I am recommending to take advantage of those guidelines, each person has discretion if he does not want to follow the guidelines, unless you happen to be someone who is mandated to follow the guidelines, if we go back to the example that I give you a budget and require you to spend within the guidelines.

Quote from: joker_josue on Today at 12:41:01 AM

Anyway, it could be another variable for the accounts, which I remembered could be useful.

I am not sure what you mean here.