I agree with your overall points, yet you seem to have a bit of a loose rendition of the facts to support your argument, even though your overall direction is still correct, and the actual facts are probably even more bullish than you are characterizing them to be, since any of us can look at the BTC charts, and we can see that exactly 2 years ago, the BTC price was bouncing around $16k, which truly was the low for that portion of the then BTC price dip.

So we might have had a bit of a challenging two years for any newbies buying and the BTC price has pretty much been going up the whole time, yet surely it was still a good time to be buying, even though there are many examples in which lump sum (if it would have had been possible) would have had paid off better than DCA, especially in the past 2 years, yet at the same time, many of us recognize and appreciate that lump sum is frequently not easy and/or practical to carry out, whether any of us might be poor or rich, DCA seems to be amongst the better of the approaches because it is more practical to attempt to manage money with a DCA approach, even though early lump summing would have had paid off better in a period of time that an asset, like bitcoin, had gone up right close to 6x during that period of time, if we are starting out exactly 2 years ago from the time of these posts.


There is deception in measuring trade wins in dollars too, since it fails to appreciate that if you are not sufficiently in the BTC market when the BTC price shoots up, then you may well never get back the opportunity costs that you just squandered by fucking around with selling too much BTC too soon with an anticipation that you would be able to buy back cheaper later.. blah blah blah.. which just has tendencies to turn such losers into either bitter cunts or re-enforcing their gambling mindset or causing them transition into a "waiting" investment strategy, when they don't have close to enough bitcoin in the first place, and they shouldn't have sold what little they had..and they should have had just kept buying even if the buying raises their costs.. after a few years.. perhaps 4-6 years or longer, with an ongoing buying of BTC practice, they likely are going to be able to see that they are in a better position based on their ongoing persistence and consistence in buying BTC rather than fucking around and not continuing to buy BTC.


When you are accumulating and building your bitcoin stash, you might not be in a close enough place to be able to measure many of the variables that are going to be relevant towards whether your BTC stash is of a sufficient size to completely support you as compared with being able to merely supplement various income that you already have including whether you might still have to continue working at points later in your life than you would have had preferred to keep working.

It seems to me that the longer that you accumulate BTC and that you study various aspects of your bitcoin holdings in light of your various 9 individual factors, then the more informed you are going to be in regards to the extent to which you might be in a position or approaching a position in which you might be able to completely live off of your bitcoin stash as compared with merely supplementing yourself with your bitcoin stash.


I question how solid of a goal any of us should have to be leaving most or all of our bitcoin to our offspring, and surely there can be ways that we also can make sure that we personally benefit from our own efforts in building up our bitcoin stash beside counting on supposed goodness of our offspring to care for our bitcoin in similar kinds of ways that we had cared for our building of our stash.

There can also be ways to accomplish both self-benefits and benefits to offspring if we are so inclined to provide some or a lot of wealth to offspring that may or may not deserve it.


I don't have any problem with the idea of diversifying, even though it sounds to me that you don't really sufficiently understand bitcoin if you believe that the goal of building up wealth in bitcoin is to have to put such wealth in some other business, even though sure there can be ways to draw from bitcoin and other sources of income, yet since bitcoin is such a superior asset, it may well be that bitcoin is a way better place to be relying upon income than to be fucking around with potentially inferior places to put your value.. yet in the end, it is up to you regarding the various ways that you might consider diversifying your risk and/or your income or the extent that you need to diversify beyond bitcoin in order to achieve sustainable income from your wealth..

and again, the more bitcoin you accumulate and stash away and the more you study bitcoin, you may well figure out ways that you are able to count on bitcoin for your income way more than you seem to be currently considering bitcoin.


You seem to be repeating, and I think that I already addressed this re-emphasis of yours.


I am not clear exactly what you are saying, except it seems to me that you are believing a similar error that I already attempted to address with Barikui1 in that you seem to think that you need to sell your bitcoin and to establish income in some other kind of asset or property or business in order to be able to sustainably withdraw income to support your current or future standard of living. Those seem to be faulty assumptions, even though surely there could be ways that you might optionally choose to diversify away from bitcoin, yet such diversification may or may not be required in order to get to a sufficiently high enough level of bitcoin wealth in order to be able to sustainably live off of your bitcoin stash.

You can also look into some of my sustainable investment and/or withdrawal ideas.


There are ways to calculate with cushions so that once you go into retirement and/or fuck you status, you are not going to have to return, but yeah, if you screw up your calculations and you pull your fuck you lever too soon, then that is on you to suffer through such readjustments based on your own screw ups.  I doubt that these are impossible tasks to calculate, even though I know a lot of people do not sufficiently calculate their cushions or to make sure that they have investment assets that are going to support them.. and I think that bitcoin will likely help a lot with these kinds of calculations, especially for folks who valuate their BTC holdings in realistic ways such as using the 200-WMA rather than getting distracted into fantasies based on current spot price or fantasies about future spot prices that may or may not end up playing out.


You seem to be wrong in your statement, since there are likely ways to accumulate and/or overaccumulate bitcoin to allow it to serve as a principle asset in which a bitcoin holder can establish sustainable withdrawal systems from it and to live off of it.


You can do both and work can become optional.    Why wouldn't you want that for yourself?  Having more options seems like a good thing to me.


You don't have to rely on a single asset.  You gotta figure out your own situation, including how you are going to allocate to bitcoin while accumulating it and the extent to which you need to or want to diversify and the extent to which you have accumulated enough BTC or more than enough in order to live off of it or use it as a supplement to working income or income from other assets or whatever combination that you choose within your option set, and surely having a lot of bitcoin seems to give a lot of options that you might not be able to get from other assets and/or currencies.


So many guys repeating this same dumb idea and presuming that there is a need to sell bitcoin to acquire some other means of income.. and sure that might be what you choose to do, but you it is not necessary to do what you are proclaiming to be necessary, even though you may well choose to optionally set up your system in that kind of way... yet your framing bitcoin accumulation levels with a lot of presumptions that there are needs to establish other income sources seems quite presumptuous and wrong, especially if you had already achieved enough and/or more than enough BTC.  Sure if you are still accumulating bitcoin then maybe you might still need to work or to create income from other sources, but once you have reached overaccumulation status, you might not need to jump through so many of the hoops that you seem to be presuming to be necessary to jump through.


Hm?  You seem to be presuming a lot and repeating similar warning errors.  Sure there can be value in diversifying, yet we need to consider where we are at in our BTC accumulation journey in terms of whether we are still accumulating or if we have already overly accumulated.  Then also we may well need to consider the extent to which we are reasonably valuating our BTC in light of whether we ONLY have BTC and cash or if we might have other investments by the time we get to a status that we consider to be overaccumulation of bitcoin (presuming that we might have reasonably assessed ourselves to have had reached such overaccumulation status).