Ultimately people can do whatever they like, including that they could come into bitcoin by presuming that they were going to trade and then convert their plan into an investment or the opposite they can come in planning to invest for 4-10 years or longer and decide to abandon ship.  Frequently when we are discussing what people should or should not do, we may well be creating some presumptions about what bitcoin is good for on a general level rather than trying to tell individuals what to do, since people can do whatever they want, including dumb stuff which tends to be trying to trade bitcoin rather than investing into it.

Another thing is that if a person is really trying to transition from a poor, mediocre or even normal person (or even a desperate person which may well be the status of a lot of people who are subjected to various ongoing debasement of the dollar/fiat), then they are most likely going to be way better off to create and to follow through with a long bitcoin plan rather than fucking around trying to get in and out of bitcoin and failing/refusing to see the long term value of bitcoin rather than wanting to get their short-to-medium term payoff in dollars (or whatever might be their fiat currency). .. so yeah, there are all kinds of ways to measure profits, and surely there have been profitable people all the way up the history of bitcoin who were profitable in dollars and ended up selling way too much of their bitcoin too soon because they were too busy thinking about their short term profits, which sure they still may have done quite well.. .. but still they might not even be close to a good place in comparison to where they could have had been, and that is their choice to end up fucking themselves over and realizing that later down the road.. "whoops.. I sold too much bitcoin too soon."

Do you need an example?

Let's say there were a couple of guys who got into bitcoin about 10 years ago, so around November 2014 and perhaps the guys were in their early 40s at that time, and so one of them largely accumulated and sold small amounts along the way (Hypothetical 1) and the other one (Hypothetical 2) sold too many BTC too soon.  Let's say that both of them largely accumulated bitcoin for 6 years, so they were pretty aggressive about their BTC investment and bought about $150 worth of BTC for every week for those six years and then so each of them invested around $47k and they accumulated right around 55 BTC... so surely not bad.... Perhaps Hypothetical 1 might have sold around 10 of his BTC at various points after November 2020, so he still has around 45 BTC, yet hypothetical 2, decided to sell all of his BTC around November 2020 because he was just too stressed about his BTC, and surely he was able to get $20k each of of his BTC, so hypothetical 2 ended up getting over $1 million for his BTC, and he was able to buy some property, cars and even go on a few vacations for experiences.. He had to pay taxes too.. but sure, he still had decently good sized profits from his having had accumulated BTC for 6 years and he deserved a reward, no?

I personally believe that Hypothetical 1 would have had been much better off than Hypothetical 2 because he largely just hung onto most of his coins, but hey whatever guys can do what they like and they can follow whatever plan that they like in terms of how they might decide to manage their BTC once they reach their accumulation goal.  I also think that selling large portions of your BTC is dumb, even though people can do what they like including that they may well still be in quite large profits from their decision to get into bitcoin and to get out (so they profited a lot by having had been in bitcoin), even though they end up making the wrong choice in regards to how to manage their BTC once they had spent so much time, energy and even value building up their BTC holdings over several years.

How are you going to manage your coins if you get into a situation like these two guys after 6 years accumulating and feeling that you have reached your BTC accumulation goals?


It seems that you are leaning in the right direction, yet each of us should be able to appreciate the temptation to cash out too many BTC too soon and sometimes the various kinds of measurements are not really clear while we are in the middle of the process with ongoing questions regarding whether we should cash out or hold or continue to accumulate and even if we have reached the conclusion that we believe that we have accumulated enough BTC, there can be dilemmas in regards to how to manage our holdings or how we might decide to carry out any kind of plan to start withdrawing bitcoin and if there might be price based withdrawals and/or time based  withdrawals, and surely we still might have cashflow coming in from other sources, yet we also might be inclined to pull the fuck you lever, which is a way to move onto not having to work anymore, yet at that point, we might have to figure out if we really have enough bitcoin or if we might transition into living off our bitcoin in a more gradual way rather than completely finding our cashflow sources dry up (and sometimes we might not have a choice about some of our cashflow sources drying up).  And, if we are in our 50s like the example above, then we might mnot want to have to necessarily look for new work.. and bitcoin may or may not give us such an option, and we may or may not quite be ready to completely live off of our bitcoin.. including maybe we still have some income coming in and we might want to continue to build up our bitcoin holdings prior to starting to engage in any kind of selling of our stash.