Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Pi-network314159
on 06/03/2025, 04:22:48 UTC
⭐ Merited by JayJuanGee (1)
[edited out]
No matter what, each of us has to figure out those kinds of matters, and if we are considering that we have a lot of years to live, then we can likely make our bitcoins last and spend from other sources of income prior to spending any of our bitcoin,
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Yet, 15-20-30 years down the road, we can not really project specifics, yet we can kind of ball-parkedly estimate how many BTC we believe it is going to take in order to reach our entry fuck you status level, and it could well be the case that some of us might end up getting close to reaching such status sooner than expected, such as reaching such status within 15 years rather than needing 30 years to get to such status, and we cannot really know in advance regarding how long it might take to reach such status, yet we still might start to realize the extent to which we are getting close to reaching such status,
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yeah.. considering my first comment when i explained that there could be a certain age we attain and we might be considering shaving off some potion maybe having initial plan of 20years investment but down the road we decide to shave off at 15 years of investment without reaching the fuck you status, but with this statement you've made i have also remembered that we might not necessarily reach the speculated time as plane if we can be able to increase our bitcoin investment. lets say even without considering our age, we might decide to increase our DCA investment from initial weekly $20 to $100 if we have enough discretion and our target in the fuck you will be achieve faster than expected. lets per say if $20 weekly DCA in 20 years would give us $22k to maybe $25k then $100 weekly for 10 years will give us approximately $50k+ even if my calculation is not proven, but base on assumption the amount of bitcoin achieved in this 10 years interval or time frame more better than the $22k of 20 years. at least an aging man with such investment will shave off earlier than he planned because of his increase in regular investment.


even though i am not a part of this conversation but i agree with you that we can make bitcoin last and spend from other source of income, but in the aspect of considering that we have a lot of years to leave then that is unpredictable. sometimes age should be considered when making decision of selling or shaving off some portion of our HODLings considering that we don't own or have control over our lives.
I get your point but should someone cut out a part of their holdings just because they feel too old or they think that age is not on their side anymore when they already have other source of income to take good care of themselves at that age.
i agree with your point of view about age not being a criteria to shave of profit in due time, but also be awear that we are not investing and HODLing for dear life. even if we plan to pass our bitcoin as an inheritance to our children or the next generation, but there should be some consideration of reaping the fruit of our labor before the time stop ticking in our life[death].

For me, age should not even be a reason why we should consider selling our bitcoin so far as we can still sort out our daily needs outside our investment in bitcoin. The only way someone can decide to sell part of their investment in bitcoin when they feel they are getting old is in a situation whereby all his major investments is in bitcoin and he doesn't have any other source of income.
i have already made it clear in my comment above, that there could be time when we are old and has other source income, in this case the only consideration is to use some part of bitcoin as a supplement to fund other sources of income. this should let you know that such an investor has more of his asset on bitcoin and probably has less  or no other sources of income.