Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Marvelockg
on 19/12/2024, 11:35:13 UTC
⭐ Merited by JayJuanGee (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 .

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 .
Instead of a 10% cash out an investor can bring down 5%, but this is a profit for them with the increase in holdings. Or if it is possible to meet the needs of the family/additional needs without cash out. This can be a patience for investors and there are many among bitcoiners.
well, this might just be what works for an individual and not a general rule that should be followed by every bitcoin investor. it is a good example of looking at a scenario where you try to factor in some sort of possibility of taking out some profit along your investment journey. the Essense of the profit might not be because you actually need it but could just be a way of rewarding your consistency in maintaining a complete year of staying invested in bitcoin.

one thing about using a strategy like this is that if you have been able adapt to sorting out your needs without interfering in your investment, going on to touch 10% of your holding might look unnecessary since it can't really solve more of your needs but can still yield some additional profit if you left it untouched. deciding to take out either 10% or 5% is not an issue, what is the issue is when you just try to touch your holding just because you are in some profit. touching your holding has a tendency of giving you a thought of always coming back to lay your hands on it.
Short-term greed constantly exhausts traders which makes sense for investors to be more tempted to hold Bitcoin and apply other strategies that are more effective during periods of price fluctuations.
as an investor, greed is not even a variable that plays a role here. what happens more is the tendency of following the crowd to make popular decision of selling or taking profit even when you are early in your accumulation stage. at early stage, taking of profit should not be your primary concern and to an extent, expecting the price of bitcoin to suddenly get to $250k should not be your concern since you have not acquired a good chunk of bitcoin. when you are a bit balanced in the quantity of bitcoin you have acquired, you can then talk about doing some things like taking a certain percentage of your profit as a way of encouraging yourself to remain invested for the long run.