Quote from: laijsica on Today at 09:59:54 AM

Quote from: JayJuanGee on Today at 01:57:52 AM

Quote from: Zaguru12 on September 14, 2024, 10:42:04 PM

Quote from: JayJuanGee on September 14, 2024, 05:29:49 PM

My point is that it could become quite tempting to spend some of your BTC investment too early,.. and yeah, sure it might not seem like any kind of problem when you are in your fairly earliest of stages of BTC accumulation, yet if you make it through one or two BTC cycles, you might not be close enough to fuck you status, yet you still might get lured into cashing out decently large portions of your BTC or perhaps diverting your BTC accumulation efforts (when you really should still be accumulating BTC) way earlier than you should be, and perhaps even preventing yourself towards ever reaching fuck you status which might have had been your goal and which might have had been reasonably within your reach if you had not gotten distracted away from your BTC accumulation efforts...and even ending up spending decent chunks of your BTC.

One thing about investment and this is not only about bitcoin Alone but even less Volatile assets or investment is psychology, many people do not find it hard to start investing sometimes but they find it hard to grow that investment, one of the biggest problems is that we think as profits starts settling in we as individuals need to match the investment with our lifestyle and some people take off profits that we meant to be the main foundation of the investment to upgrade their lifestyle and it is on this believe that so many businesses have collapsed today.

An overwhelming number of normies do not seem to know how to figure out how to employ a sustainable withdrawal rate, and so they end up calculating the whole value, and then figuring out how long they want it to last, and so if they have $600k, then they might say that they can withdraw $60k per year if they want it to last for 10 years, and in bitcoin, that might actually work to have a withdrawal rate that is 10% per year, yet for other investments, they are likely not going to be able to retain their value.. so usually they will make the mistake of withdrawing their principle too soon and NOT making sure that their investment is growing at least as much as what is being withdrawn... and if the investment is not growing at least as much as the withdawal rate they will end up depleting their principle too soon..

I think an investor should tend to withdraw depending on the accumulation of a decent stash. If an investor can accumulate $60k (estimated) worth of bitcoins in a year, it might be decent for him and have a 10% withdrawal opportunity during bullish times, so he should probably withdraw $6K worth of bitcoins.

You seem to be talking about trading rather than sustainable withdrawal.. So I was suggesting that once a large enough stash is established then 10% per year could be withdrawn in perpetuity as long as the BTC spot price is staying at least 25% above the 200-WMA and the 200-WMA is being used as the valuation of the BTC stash based on bottom prices rather than based on top prices. Perhaps my discussion of this is too complicated for my to be stating it and members seem to be misinterpreting what I am saying.

Quote from: laijsica on Today at 09:59:54 AM

But I think if he has the stamina to do it for a longer period of time from regular DCA deposits, he should continue to deposit for a cycle or two or more without withdrawal.

I surely am suggesting to attempt to reach a state of over-accumulation before beginning a time-based sustainable withdraw approach.

Quote from: laijsica on Today at 09:59:54 AM

Yes every year if he needs extra money for foreign trips or other needs he can decide to withdraw a % as per his convenience. Also, the more bitcoin holdings an investor has, the more financial independence an investor has, and the more influential bitcoin holders become.

That sounds correct, and it makes a difference if a person has other income sources too. So if he has other income sources, he would probably use those first and then perhaps use BTC withdrawals as a means to supplement his income. And, if his ONLY income source is bitcoin, then he surely should be careful to make sure that his quantity of BTC is sufficient in order to begin to start to spend from his stash, especially in a systematic time-based way that involves reduce his BTC stash by amounts of up to 10% per year.

Quote from: laijsica on Today at 09:59:54 AM

Quote from: JayJuanGee on Today at 01:57:52 AM

Quote from: Zaguru12 link=topic=5132720.msg645p 33330#msg64533330 date=1726353724

Not that I am against taking off profits from any investment, in fact I usually tell some bitcoin investors that they should have partial profit target to take out some profits. This profits can use to build another investment to serve as diversification such that profits from this new investment can still be use to gain back the bitcoin which was liquidated to build that business. One can also take profit from one’s portfolio to solve some problems in the family or home at least it is far better than going for Loans but all this should be done with a mapped out plan for it so as not to spend off capital think one is spending i

if a person reaches a status of having extra bitcoin, then surely he is in a better place to start to withdraw bitcoin on a regular basis and perhaps take years and years to use up the amount that is excess, and if they employ a withdrawal rate that is somewhere between 4% and 10% per year, it is likely that their bitcoin stash will grown in value faster than they withdraw, especially if they calculate their withdrawal rate plan from BTC bottom price indicators, such as the 200-WMA rather than getting overly excited about spot prices that are almost inevitably going to have a whole hell of a lot of variability in them, so if they calculate their wealth (or the value of their holdings based on top prices they may well end up overly withdrawing and overly depleting their principle. and end up getting kicked out of fuck you status. meaning that their chosen withdrawal rate was not sustainable in light of the costs of their living standards..

Yes, an investor should have the freedom to do so, but given the current stock market or most other investment conditions, investing in Bitcoin seems far more reliable to me. There must be an abundance of real assets, but if an investor tries to observe the future price trend of Bitcoin, it can easily be predicted that it will increase a lot. Many critics are seen running various disinformation campaigns on Bitcoin's upward trend but most of the time we see its price bouncing back. I can see if the young entrepreneur or investor at the moment tends to accumulate bitcoins on a regular basis, it can greatly benefit them in the future. That's when they realized how much Bitcoin could rise in value.

In spite of ongoing attacks on bitcoin, it continues to outperform other asset classes, and surely there can be worries about the attacks and for any of us to be able to continue to be able to cash out bitcoin or to otherwise be able to spend our bitcoin, so it can be confusing regarding how to invest into bitcoin and whether to hold the BTC directly and then how to continue to ensure the existence of onramps and offramps, even while surely it would be even greater if there are more and more ways to directly transact with other bitcoiners.