Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 18/12/2024, 21:22:55 UTC
⭐ Merited by JayJuanGee (1)
Sure.  Figuring out some kind of a reasonable way to sell some BTC on the way up while still mostly HODLing would not be a bad idea if it could be put into practice, including that it is true that many folks end up selling too much of their BTC too soon, yet even a person with a thousand bitcoin in mid 2011, might still be able to shave off 10% of his stash per year and still be quite wealthy today, and still having 228.7679245 BTC after selling in 2025.

Year   BTC stash size          Yearly Cashout amount          Total Cashed out
2011   1000                            100                                           100
2012   900                                90                                         190
2013   810                                81                                         271
2014   729                                72.9                                      343.9
2015   656.1                           65.61                                       409.51
2016   590.49                           59.049                                     468.559
2017   531.441                           53.1441                                 521.7031
2018   478.2969                           47.82969                              569.53279
2019   430.46721                      43.046721                              612.579511
2020   387.420489                      38.7420489                        651.3215599
2021   348.6784401                     34.86784401                     686.1894039
2022   313.8105961                     31.38105961                     717.5704635
2023   282.4295365                     28.24295365                     745.8134172
2024   254.1865828                     25.41865828                     771.2320755
2025   228.7679245                   22.87679245                     794.1088679

Good explanation sir.
But if they cash it out every year of course it is a bad choice if they don't really need the money urgently.
Maybe that's just an example but yes it can be understood if holding since 2011 of course he bought at a fairly cheap price. I did a Google search that the price of Bitcoin in December 2011 was only around $4.25.

Maybe what I can take from here is a theory of a true holder who has been able to survive long enough from all the negative news and he managed to do it by holding btc until the btc price exceeded $100k.

I remember, investors of that type are those who understand the progress of the era, meaning they know btc from the beginning and continue to buy it regularly, of course that is a guideline that we can follow to continue accumulating bitcoin.