Re: Road to 100k?

Some people only consider hodling for a number of years without considering if that is enough hodling, I think if one wants to accumulate enough he shouldn't not consider the number of years but consider if he has truly accumulated enough.

Number of years should be a prior which should be considered as a target of accumulating. When you don have a specific period/duration or time horizon then surely such person don't have focus. And investor always have a time frame of investment and schedule himself of how to apply the investment strategy to meet up his target with the specific period of time maybe 4-10years intervals or 10-20 year. Surely there are times along the line of investment process when a person may be jobless or out of fund or discretion to continue his investment procedure and such person investment approach may slow down a bit but h/she will still have that focus and zeal of meeting up the target of that period of time h/she planed. Sometimes an additional year may be added if such person was financially unstable for 1 year or more. maybe the speculated time frame was 4-10 years minimum but may be extended to 4-11 years adding 1 extra year. So all implies that time frame is very important in accumulation process because it keeps you motivated.

What I was trying to say is that when you reach the number of years which is your target also consider if you have accumulated enough, some people may have a 6 years target of accumulation and when they get to that 6 years one may discover they have not accumulated enough that was why I said our fucus should be if you have accumulated enough.
And one can decide not to have a number of years as a target for accumulation but a particular number of Bitcoin to accumulate which is seen as enough and I think that will give you even more focus.
If you have a target of 6 years and you meet that target and you discovered you have not accumulated enough it may be frustrating and that is why having target of numbers of Bitcoin one wish to accumulate or have in the journey may be better.
My opinion.

In as much as what we are doing is continuous something I mean no one knows how long Bitcoin will stay but with what we are seeing I don't think Bitcoin will end or stop anytime soon and we don't pray for that either, so for this reason I don't think it is necessary to set a target on the number of years one wish to accumulate perhaps this should be a continuous something (accumulating anything you have money to...), Again setting target can be frustrating and it can also put unnecessary pressure on someone.

Not having target sound kinda boring to you think is like playing a running game without no end. and one bitcoin investment goal don`t have be years he or she can set their base on their bitcoin stashes , and most time after hitting your you can choose to go extra miles . like for instance your goal is one bitcoin and you endup hitting that goal, so you may decide to accumulate a little till you are satisfied . and meeting your goal doesn`t mean you are going to stop holding still but it means that you have gotten yourself some nice quantities , and you can take some profit while you choose to replace it or not.

The idea of having no target at all would probably not be a good one, yet the idea of having some loosely framed targets would probably be good, and such loosely framed targets might not be well expressed in terms of either bitcoin or dollars, since those are somewhat moving targets... and so surely there could be goals that are set in terms of either bitcoin and/or today's dollars with some speculation regarding how the dollar might continue to be debased or perhaps attempting to consider the target in terms of either real world goods or perhaps something like a kind of fuck you status that still would allow you to quit whatever job that you have and to be able to live off of your bitcoin (or your bitcoin and a combination of whatever other investments that you might have accumulated somewhere down the road).. so you would also likely have some kind of a timeline in which you might want to reach your fuck you status, too.. and that may well be based on your age and/or your various expectations about your longevity (or health status).

Well maybe I didn't express myself very well but what I was trying to drive at is that if you have a target of accumulating for a number of year and you reach that target and later realize you have not accumulated enough is better you then channel your target on a certain number which you want or you can analyze yourself and know how many years you would set again to hit your main target.

Our goal should be on accumulating what will satisfy us and not just reaching a number year, what should matter is how satisfied we are in our Bitcoin investment, so when setting a target will should always go for our self satisfaction not not just normal investment norm.
This was what I was driving at and trying to express.