Post
Topic
Board Speculation
Re: Road to 100k?
by
I_Anime
on 03/10/2024, 20:33:55 UTC


I have frequently considered that it is good to prepare for a variety of scenarios and to have some flexibility in your plans and your actions, and sure if you are still feeling that you are in your relatively early stages of your accumulation phase, then you figure out your level of aggressiveness in your BTC accumulation and just continue to pursue such ongoing accumulation within your means, and surely you might have some ideas of best case scenarios, medium case scenarios and worse case scenarios, and you should have some tentative plans for any of those scenarios, and with the passage of time, you can see where you are at and it seems quite likely that your scenarios are going to start from where we are at right now versus where we were at when you first started to trajectory out various possible scenarios.. . so in other words, some of the scenarios become more concrete including that down the road, you are also going to be able to see and to assess how you have been doing in your BTC accumulation journey, too..

It is one thing to project out that in 5 years you expect to have 1 or 2 years worth of your expenses saved up through bitcoin and/or through your emergency funds and back up funds, versus getting out 5 years after you have invested and if you see that you are either right on target because you have 1.5 years accumulated, or if you might see that you are ahead of or behind schedule, and you can attempt to figure out why you are where you are at and/or whether you might feel some need to tweak your plans and/or your actions based on where you are at versus where you might have had projected yourself to be within such time period.  I have found that sometimes with a fairly aggressive plan, there could be times when you end up ahead of schedule and other times where it might seem that you are not really making very much progress.. so even if the value of your BTC has not gone up, but for example, if you end up having 0.85 BTC after 5 years rather than your projected 0.7 BTC, then you might feel that you are making good progress, even if the BTC price (value) might not be as high as you had projected it to be at that time... so maybe after 5 years, you start considering that you might be able to reach 1.5 BTC after 10 years rather than you initial projection of getting up to 1 BTC after 10 years... so these are signs of progress, and you might not even be clear about how your valuation frameworks might end up adjusting from the time that you started buying BTC until the time that you have been buying BTC for 5 years, since presumptively you had been studying aspects of bitcoin through that whole time that you had been investing into it... so even some aspects of your valuation framework might change over those 5 years of BTC accumulation


Well when it comes to my accummulation I don't believe I will be the point I am now compare to the way I started, so far have been able to see some progress in my accumulation due to the help have gotten so far from this threads concerning how to hold and secure a better long-term investment in bitcoin. Though I haven't gotten close to my goal , doesn't mean I won't appreciate howfar have come , well like I said before usually set some mini goals in my main goal .

When I said mining goal I meant I usually have some goal fixed to make things more excited, like for instance my main goal is one BTC, so I can fix different price interval as my mini goals ( just come up with the name though Cheesy) , so my first goal can be 0.05 BTC then 0.1, then 0.15... then 1 BTC.  I believe that with this I can position my self well in my accummulation to know when I can get aggressive (but I'm usually aggressive when comes to my Bitcoin accumulation) without over doing it   though, but with time I am going to hit the main goal .