Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance)
by
bitmover
on 06/06/2024, 17:54:26 UTC
⭐ Merited by JayJuanGee (1)
How much BTC and/or value to use:   Of course, I am very much into the idea of using fuck you status and suggesting that default entry-level fuck you status could be considered as $2 million in western location.  However, with this particular tool, I started out with 21 coins in a bit of a random way, and if we use the tool, and we look back to September/October 2022, we see that 21 BTC were then worth $490k-ish in terms of the 200-WMA, but the spot price was then below the 200-WMA at $403k-ish, so at that time with the use of the tool (or the formula), the withdrawal authorization amounts were quite extensively reduced (even if we were to have had used this tool back then), and even in my own hypothetical presentation, the withdrawal amounts were even way below the limits, so I had a lot of reluctance to be selling and/or withdrawing BTC during that time (in terms of the hypothetical example that I used). 


I have been thinking a lot about this fuck you status recently

Do you think an overall portfolio of 2 mi USD is enough to retire? Fuck you status? If so, how much btc would be healthy? 30%?

I have been making many btc price projections, and it looks like Bitcoin is likely to reach 100-150k after trumps election.