Quote from: bestcandy on Today at 04:21:34 AM

Quote from: bitmover on December 27, 2023, 07:22:43 PM

In the last month I have been working together with @JayJuanGee (JJG), to implement a website version of this Sustainable Bitcoin Withdrawal Strategy, which serves as a guide to maintenance and liquidation of a Bitcoin portfolio, based on the 200 week moving average.

There are several threads about it, and I believe there is a good consolidation of his idea here
His strategy existed basically in excel sheets, but now there is a website version with many interactive functions:

https://bitcoindata.science/withdrawal-strategy

There are basically 2 sides:
To the left you will input your data. How much BTC you want to use in this strategy and how much is your annual withdrawal rate. (recommended 4 to 6%, conservative)

To the right, you will see how much btc you are authorized to withdrawal per month based on the 200WMA. However, you may be allowed to withdrawal advanced months if the difference between spot price and 200WMA is too high.

Also, you can take a look in the past data (choose date button) and see how much you would had been authorized in the past using this tool/strategy.

There is certainly a lot of room for improvement, and I would like to hear from WO members and @fillippone which was very active in the recent discussions with JJG.

Please help me find bugs and share your ideas.

This is very impressive and commendable.
Sincerely speaking, you guys are doing perfectly great job to make Bitcoin more vulnerable and I hold you guys in a very high esteem for your tireless efforts and the significant energies you are putting to ease the process of Bitcoin withdrawal.
The work is excellent and I really appreciate your incessant it.

Keep in mind that my own ideas regarding withdrawal or sustainable withdrawal, whether based on price or based on time, presume that the person had reached a status of over-accumulation.. or alternatively using a set budget, for example giving a 10 Bitcoin budget to a business, then if the business were to be using a time-based withdrawal system, then the business could figure out its withdrawal rate, and so for example the tool currently asserts that a 4% annual withdrawal rate would be 0.03333333 BTC per month, even though surely I want to adjust the tool so that it would use the 200-WMA dollar value, yet we have not yet made such adjustment, and then perhaps be able to withdraw up to 10% based on that way of valuating the BTC holdings, yet we have not yet made those adjustments... so until we make such changes, it may well be better to stick with more conservative withdrawal rates of around 4-6% annualized.