Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 06/09/2024, 23:04:09 UTC
If you have 100 btc at a cost value of 1k each you just sell 2 or 3 a year if you are 67

you have corn till you are 100 or 133.

if you have 100 btc at a cost value of 1k each you just sell 1 or 2 a year if you are 50

you have corn til you are 100 or 150.

my point is if you have 100 btc at a cost value average of 1k a coin  trading is not needed .

you can spend it even if you are 40 and spend 1.5 coins it takes 60 years to spend it all.

True, but bitcoin does not have to follow your "conditions".
If bitcoin would be 5K (as it was in the spring of 2024), selling 1-2 bitcoins a year makes little difference if you are slightly above average in pay grade.
I would say that any regular selling is erroneous.
Bitcoin was made to either to be VERY valuable or to hold little of that.

So, for most people the solution is to either almost never sell (apart from the elaborate scheme designed by @JJG) OR to sell A LOT (in %) and, basically, leave.
There were a few examples of the latter here (where are the notorious V8 and HairyMclairy, not to mention many others)?
If they are alive, then they sold and are gone from this interest area.
It could be that they got bored, but "sell it and forget it" is so much likelier.