Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 18/12/2024, 21:38:55 UTC
⭐ Merited by Felicity_Tide (1)
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
Amazing making the folk to be $24,263,320 Richer now despite the 10% withdrawal yearly . Indeed bitcoin changed such fella lives for the better, bitcoin also shows that been patient do pays off , such amount will carry his generation in a long run .

Sure, if we really wanted to go through the calculations, we can also see how much that BTC was worth each year and to see how his income was likely going up too.. even though there would have been some years that his income would have gone down from the previous year, yet his ongoing cashing out 10% per year also resulted in an increased income from the bitcoin each year while his BTC was going up in value faster than he would have had been able to spend it.. so long as he restricted his withdrawals to 10% per year..

Part of the reason that I frequently suggest that guys get to an overaccumulation status prior to starting to withdraw (sell) from their bitcoin stash is that once the more than enough status is reached then it is likely that we can come up with sustainable withdrawal formulas that are able to sustain us perpetually on the amount of BTC that we have accumulated.. we just have to figure out how to moderate it within reasonable parameters.

Of course, it is not guaranteed to pay off either, but we can still attempt to create reasonable parameters, too.

This also shows how beautiful bitcoin investment is . I'm going to keep holding so one day I'm going to share my testimony, on how God use bitcoin to change my live for the better . That's why I need to keep working towards that goal , the way Bitcoin is moving now there's no doubt of bitcoin hitting $150k around 2025 .

We cannot know the exact range of numbers, yet there should be inspiration for normal people to continue to try their best to continue to ongoingly, persistently, consistently and perhaps aggressively to accumulate bitcoin in order to potentially have more options down the road, and even though the results are not guaranteed, bitcoin's investment thesis still remains strong for the coming 10-20 years or whenever you might be starting to come close to reaching your accumulation (or maybe overaccumulation) goals (that you will likely need to reassess from time to time along the way too)... one of the less advantaged things for folks in their early accumulation is that the BTC's price rising might bring confirmations, but it also ends up costing more per BTC (sat), yet there is no way to really get overly preoccupied beyond just continuing to stack your sats as well you are able to do.

[edited out]
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.

Sure, a person can set his cashout parameters, and it remains a good idea to spend from less valuable sources prior to spending bitcoin, so I was mostly trying to give a kind of flatline idea that was general and not individually particularized.  Another thing that I have found is that it may be better to withdraw the BTC based on a dollar value that is associated with the 200-WMA rather than drawing out a flat BTC amount, yet either system could still end up working for someone who might have had already assessed that he has reached a status of overaccumulation of BTC based on his own circumstances.

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.

Personally, I believe that the BTC holders who have engaged in incremental practices of selling their BTC rather than selling large portions at once have tended to fair better.. especially if they tried to figure out systems in which they were selling small portions of their BTC rather than large portions, and sure even 10% seems a bit much (large), yet I have been tending to show that BTC has been outperforming traditional asset classes in order that larger percentage withdrawals have been sustainable in BTC as compared with traditional investments usually needing to restrict withdrawals to ONLY 4 % or less.. The idea is that the asset needs to outperform the withdrawal rate in order to justify the withdrawal rate that is chosen... otherwise the withdrawal rate is not sustainable.

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.

Since we cannot turn back the clock, we just have to try to figure out our BTC accumulation plan from the present, and if we feel that we don't have enough BTC, we have to continue to accumulate it... and sure your calculations might start to change once you start to reaching a status of having enough BTC or you have the fortune of getting to a status of having more than enough BTC.