yeah they should be considering
these 9 factors, yet even if they don't really know all of the answers the 9 factors, it does not mean that they should wait in terms of getting started right away..
I did not know the answers to some of the questions or factors in that thread, but I have been accumulating BTC for over a 1 year now. So this proves, that taking one step is a necessary thing toward leaning new things, On the way I did learn a lot of things and made some mistakes as well, and in the future will make too, but learn new things also.
Bitcoin is available to anyone, but they have to act rather than just sitting and looking at it. No one else can act for them.
A bitter one but that's the reality, you spit facts dear.
So some of those folks are going to end up starting and getting involved in bitcoin later.. and so there are advantages to folks who are well connected, but even folks in well-connected places are not taking actions to establish their stake in bitcoin.
I have seen people who have knowledge, or wants to get knowledge but don't want to get practical. Few days ago I have a talk with my uncle and I told him about how BTC is moving, where it was before ETFs and where it is now, and gave him a short tutorial about Halving, ETFs, etc. etc. In the end he asked, should we invest in it, what do you think, I said it's your choice, and he asked what do you prefer should I sell my car and invest the funds in BTC. I said no, you should not risk the money that is in your need. Only invest that is affordable to be lost. Why invest your bread money in it. He then gets uninterested I do not know why. So the point is, even if there are people in the neighborhood involved in BTC it does not mean in that geographical area there will be more people involved.
You seem to be thinking in short-term ways.. so yeah, you are trading.. not investing.. since Why would you need an exit plan if you still don't have enough BTC? You already said that you don't have enough, which means keep stacking and don't stop.
I don't have enough BTC I agree, but I don't want to remain stuck for another cycle, I want to exit the market with the profit I will make, as I know after a bull run, a bearish cycle will start and then I will get the opportunity to buy BTC at low and thus can have more satoshis which mean more profit. So after another cycle, when the next bull run comes, I will be making a good profit, and then cycle to cycle things can go smoothly. If things not change. Am I wrong here, and yeah I do know investing means holding funds for more then 4 to 5 years, and I am holding funds for like 1 year now, which don't make me a investor, but I don't consider myself a trader too, as I don't trade often. Or should I consider myself.
Anyhow, you do what you like, but it sounds to me that you have hardly any clue about what you are attempting to achieve, including understanding the long term potential of bitcoin, including that you might need to consider bitcoin's long term potential so that you might better know why you are accumulating BTC and likely not needing to worry about exit until you have accumulated enough or more than enough, then after that you could consider following some kind of sustainable withdrawing plan and/or staking plan like I talk about in
my sustainable withdrawal thread.
Thanks for the thread, By the way, what's your long-term plan or understand of BTC, I see something unique here, and would love to hear you out, I already stated my plan which is to follow cycle to cycle, but yours seems to be of holding more then 10 years, why? where you see BTC at. What if you die tomorrow and your funds go to waste, that's why I thought we should book some profit, exit the market, and enjoy life too. hehe. But what I understand after reading your words, is you are assuming to become financially free with some amount of BTC, is that possible. I do know people have become financially free with BTC but what's your point or take here. If you don't mind to share.