My suggestion for almost everyone is to focus on buying and accumulating bitcoin until you have more than enough, and then once you reach a status of having more than enough bitcoin, then at that point you will have more options regarding how to manage your BTC, whether that includes selling or holding or some combination, since once you received enough or more than enough BTC, then you have more options, and you may well be better to figure out ways to maintain and/or sell some of your bitcoin or even figure out strategic withdrawal techniques based on price and/or based on time, which I discuss a lot of those ideas in
my sustainable withdrawal thread.
Indeed, the main focus should be about building first a solid foundation, before thinking of getting creative with your managing your asset.
It makes more sense for one to get his priorities straight and focus more on consistent accumulation of Bitcoin first in order to secure a solid financial position/foundation before thinking of any mother thing, this should be every investor’s priority.
And once we’ve been able to establish that solid portfolio, then it’ll be okay to worry about the nuances of managing our wealth.
That being said, I’ve been quite curious with something and I feel it’ll be great to bring it up here, it’s actually a question. Since you mentioned about strategic withdrawal, I was hoping to know your take on using Bitcoin’s Block time and halving cycles as some sort of a framework for strategic withdrawals. Is it possible to create a withdrawal strategy that may be tied to the halving cycle or do you think the approach is rather too simplistic? I strongly need your opinion on this.