Your threads can be very helpful for everyone to gain complete knowledge about bitcoin investment. I tried reading the thread you mentioned a few months ago and have already read original post 2 and original post three from there. Actually one thing seems to be most important that you should not decide to withdraw if your bitcoin amount is not enough. We have to be patient and hold on to our investment without taking such a decision. Moreover, I still stand by such decision, as I have been investing regularly through DCA for many years.
Although many decided to sell their investments during the high price of Bitcoin, I am more patient and willing to buy regularly. Without thinking about withdrawing the investment yet, the goal is to buy bitcoins regularly so that the investment portfolio grows to a much larger extent.
The longer that i been in bitcoin, the more difficult it comes for me to imagine guys who have spent enough time accumulating bitcoin to put them in a state of over accumulation, and surely accumulating bitcoin through a whole cycle might help, and also front loading the investment might help (which presumes bringing capital from somewhere else beyond just normal pay/cashflow). So frequently I have been witnessing guys describing themselves as having had reached a status of overaccumulation much earlier than they had actually reached such status.
By over accumulation are you referring to a situation where the investor feels he has gotten more Bitcoin than he planned or there is a number that is generally regarded as over accumulation?
I fixed the error of your quote in this response.
It is difficult to generalize any kind of exact definition of what a status of overaccumulation would be since such status likely needs to account for a variety of a
person's individual factors.
Sometimes I discuss various kinds of examples in order to attempt to describe what overaccumulation might be for one person, and recently I had been using the example of a person who concludes that his goal is to get to a point in which
he can passively withdraw $6,666 per month, so maybe currently, he assesses that he would need 21 BTC in order to be at that status, and so if he has reached an accumulation that is higher than 21 BTC, he is currently in a status of overaccumulation.
Thank you for drawing my attention to that mistake in my quote, it was indeed a mistake I never knew I made and I'm happy you helped.
I think your explanation on the issue of overaccumulation is satisfying as it agrees with what I had in mind regarding setting individual targets and working towards that, which should be the early things an investor should do when getting started with building a Bitcoin portfolio. In summary, you made it clear that when an individual set those targets ab initio, meeting them on time and continuing afterwards is regarded as overaccumulation... this is well understood. I have not reached my first target though so I'm still actively collecting Bitcoin at every given opportunity and stashing them in my safe wallet. That I intend to do throughout my years of active service so that my retirement will be less stressful.