Quote from: JayJuanGee on Today at 07:13:14 PM

Quote from: promise444c5 on Today at 06:57:36 PM

Quote from: GeorgeJohn on Today at 05:06:29 PM

One thing is that buying a Bitcoin and the selling a Bitcoin all these have a strategies and if you don't follow such a strategies I don't think that you'll be able to make a profit through buying and the selling of Bitcoin for me I know that the best time to make a profit for buying and selling of Bitcoin is when you have a target of when you buy from them and make a profit so the best opportunity for me is one an investor to purchase exactly when the price of Bitcoin is going very dip so that when you purchase within interval of this month the most to be a change in the market so that when you said you can update make a proper profit from your investment.

There're stage where there would be a need for withdrawal strategy for One's accumulation but definitely not for a beginner whose in for just a year depending on amount stashed already... there's a withdrawal strategy brought by JJG called JJG Sustainable Bitcoin Withdrawal Strategy I think the idea was to create a sustainable withdrawal for bitcoin while you hold you coin [ JayJuanGee can correct me on this if I'm wrong].

Basically correct, promise444c5.. .an ongoing holding of BTC and shaving off rather than completely cashing out or even presuming any abilities to make money with trading.

My presumption in regards to when sustainable withdrawal is meaningful to employ is after you have already reached a status of over accumulation of BTC - and surely it is up to each of us to figure out what level of BTC accumulation that might be in order to achieve "overaccumulation"... and surely if one wants an income of $80k per year, then he might need to acquire anywhere between $800k and $2 million in BTC wealth, depending upon what he might conclude to be a sustainable withdrawal rate (whether 10% or 4% or some other amount).

I personally believe if we use the 200-WMA as our means to measure the valuation of our BTC, then we could use 10% as our sustainable withdrawal rate, for bitcoin, even though in traditional assets many times 4% is used as a kind of default standard. and so presumes that your underlying investments will grow at least as fast as the rate that you are withdrawing value from them.

That's true thinking of withdrawing strategy when one haven't gotten to far with is accumulating is sign of poor investment management, aslong we embarking on a long-term investment in Bitcoin we shouldn't be thinking of withdrawing now only for those that have gotten themselves some nice amount of Bitcoin stash. Though we all have our accumulation goal, like most of us goal is to hit 2 BTC , so if one keep withdrawing from their holding they won't be able to hit such goal , that's why we need to discipline ourselves inorder to hit our accumulation goal, may be by then one can focus on the withdrawal strategy to use , like JJG Sustainable Bitcoin Withdrawal Strateg