Post
Topic
Board Project Development
Re: [ANN] JJG Sustainable Bitcoin Withdrawal Strategy
by
OsaiEmma
on 29/12/2024, 19:06:38 UTC

Surely if we throw some numbers out there, and maybe we are currently considering something like $6k per month to be what we would need to have a sustainable and comfortable kind of an existence, even though it could be that our current income is ONLY in the ballpark of $4k per month.  So maybe we would project forward a bit of a cushion, and also when we project forward in bitcoin, we likely are presuming that bitcoin has decently good chances to outperform the debasement of fiat and also to continue to appreciate in value sufficiently that we are able to withdraw 4% or higher, yet if we are still trying to be conservative with our numbers like you (@Poker Player) seemed to have had  been doing in your earlier projections, then we might see how much 1% to 2% would get us so that we would not end up pulling the fuck you lever too soon.  So if we underestimate our BTC withdrawal rate and we see that we are able to live off of a withdrawal rate that is so low as 1% to 2%, then we also likely have enough of a cushion in our framework, even though it could also be the case that we are overly lowballing our realistic abilities to live off bitcoin with a much smaller stash size than we had been considering that we were going to be needing, when the time comes to pull the fuck you lever (meaning quitting your job and living off your bitcoin or otherwise no longer needing to  sustain ourselves through the wages of a 9-5 job).
[/quote]I have a question to ask though, in achieving this kind of profitability so as to be withdrawing 1 - 2% of ur portfolio every month and then "pull the fuck you lever" as u have said, what kind of investment strategy are you employing? Cause if it is hodling, then it will take a very long time unless you're DCA'ing, again, you will need alot of capital, or maybe is it by trading scooping profits by buying low and selling high constantly (spot) or trading on future prices which in all it's still very risky, so I guess in all, I'm asking which investment strategy is best so as to achieve this financial freedom