It seems a bit unrealistic to proclaim  that you need 100x in the next 20 years or else, your life is not going to be good enough.

The fact of the matter is that we have to do what we can, and within our own limits there likely are ONLY so many things that we can do.  We have our starting points, and we have whatever might be our current situation in which we can work in terms of our earning potential in the event that we need to keep generating income to continue to buy bitcoin.

I am pretty sure that we have had some of these kinds of similar conversations in the past, slaman29, and I recall that previously you told me that you had made some mistakes, yet surely I cannot remember what they were.. to  the extent that they matter, yet I would think that you still have advantages over brand new people to bitcoin, since you have already been in  bitcoin for quite a while and so maybe you have not accumulated enough BTC, but if you continue to accumulate, you are advantaged by whatever BTC that you have already accumulated, and you are also advantaged by knowing that bitcoin is a good place to prioritize your value.

We do not have to hope for the end goal of bitcoin in order for bitcoin to still be amongst the best of investments currently available to us.

There are people who get anxious and  they sell BTC and hope to buy back cheaper.. which I personally consider to be almost completely retarded for anyone to be selling BTC if they already know that they are still in their BTC accumulation stage and they don't have enough BTC. I wonder how many BTC that you believe that you need?^**

**By the way, there is no need for you to tell me  how many BTC that you have or how many you need, since we can talk in hypotheticals.

If you have a potential investment timeline that is 15-20 years, then surely if you were to be persistent, consistent, regular and perhaps even aggressive in your BTC accumulation, then I cannot see why you would want to put your money any place else (except to potentially off set your bitcoin with cash or other kinds of ways that you might want to  balance out your BTC investment, especially once you start to get to a point that your BTC investment  might be several years of your expenses).

I have my own projections that BTC bottom prices (meaning the 200-WMA) is going to go over $1 million in 15 years, and so what more could you want?  Here is a recent post that I made on the topic:


Sure the results are not guaranteed, but there is no reason to conclude that bitcoin's investment thesis is getting weaker, even if the upward price trajectory is likely not going to be as exponential as it had been historically...so my point is that even a with regular investing into bitcoin, the quantity of bitcoin that you need for your own fuck you status is become less and less and less.. so even though right now, from my own ways of calculating entry-level fuck you status at western levels, a person needs a minimum of 18.07 BTC, which is an $800k valuation using the 200-WMA, which would allow him to withdraw $6,666 per month of income.

You can see from the above chart, that by the middle of 2040, a guy would ONLY need 0.79373039 BTC in order to be at an equivalent status (I am  referring to in today's dollars meaning that the amount is adjusting and/or anticipating the debasement of the dollar). 

So my point is that if you are able to accumulate BTC that values at the 200-WMA at around 10x of your annual expenses, then you should be able to figure out a way to live perpetually off of that income level.. so you just have to figure out what your income level is and to manage your money in such a way that at some point, you are able to pull the fuck you lever and live off of your BTC, and you can even have it set up in a way that the BTC is likely growing faster than the rate that you are drawing from it.

We cannot be guaranteed about whatever rate the BTC is going up or not going up, yet we can still invest into bitcoin and to figure out at what point our various lines cross where we have enough BTC and even more than enough BTC to pull the fuck you lever, and I doubt that 100x is needed to accomplish that, even though you are proclaiming that it is necessary. 

In 10 years, you could invest into your bitcoin investment at a 10% to 20% of your annual income rate that would cause your contribution to become 1-2 years of your expenses, and if bitcoin had appreciated during that time, then you might have several more years of the equivalent of your expenses, and so maybe after 10 years investing into bitcoin, you might still need bitcoin to 5 x in order to get to your fuck you status level, and surely I consider those kinds of things to be possible, especially if you might  have had already been investing in bitcoin and building up your bitcoin stash over the past 8-ish years.   The main thing probably is to try to stay focused on bitcoin accumulation through ongoing, persistent and perhaps aggressive buying, and if you have been fucking around with trading and with shitcoins, then you need to get out of those dumbass and non-productive practices.   

Many of us longer term forum members should recognize and appreciate that bitcoin is the place to put our value, so we have to focus on keep doing it until we get to our BTC accumulation point and better yet if we exceed it by a bit to allow us additional comfort... and of course, we have to practice measures to secure and to not lose our coins.