Quote from: wakier on Today at 07:07:58 AM

Quote from: wmaurik on March 23, 2025, 06:17:12 PM

Quote from: Cossyblack on March 23, 2025, 04:20:51 PM

Having a stable income is very important because its help an investor not to dip hands in his investment in case of any unexpected expenses happens,with a stable income the investor will be able to take care of it but it shouldn't be the only criteria to sustains an investment. I believe they're some investors in Bitcoin that doesn't have a stable income and yet they have been doing well in their holdings and haven't dip hands or tamper with their investments. An investor who doesn't have a stable income can still be using the little available funds at his disposal whenever he has it to buy Bitcoin using DCA and can be still be accumulating at slow pace in the way that it will not affect his financial status. Like for an instance,since the investor doesn't have a stable income and in other for him not to tamper with his investment when the unexpected happens, whenever he has an available cash no matter how little,he can just split it into three,one parts goes for his bitcoin investments,second for his Emergency funds and the third for his personal spending. With these the investor can Hodl longer without ever falling back to his investment since he hasn't yet secured a stable source of income.

By having a stable income, of course, we will be able to maintain the assets that we have invested and also continue to increase the investments that we run, but we must be able to manage our income well so as not to spend it on things we don't need so that when we experience emergency needs we still have funds that we can use for those needs and not take the assets that we have invested. When someone decides to divide the funds they have into three parts, of course this will be very good for them to be able to maintain the assets they have invested and if this can be done consistently, of course they will be able to make a profit from the investments they run.

Many say that if we want to invest, use cold money so that if there is a decline at any time, we don't panic or sell at a loss because this often happens if a coin experiences a correction and people panic sell, if we have a permanent job we don't need to worry about selling the assets we invest in, I have a few tips that we must do before investing that I have applied at this time.
1. set aside money for daily needs
2. set aside money for emergencies
3. Invest with a ratio of 15/100 every month.
Don't always check your portfolio every time because it also greatly affects our mental health and thoughts.

If you think about the matter, any person who might choose to invest 15% per year into bitcoin would need right around 6.67 years for the amount of his bitcoin investment to have had reached 1 year of his salary, and so if bitcoin prices were to 10x from the amount that he had invested into bitcoin, then his portfolio would have reached fuck you status, based on spot price, yet it still may not have had reached fuck you status based on the 200-WMA.

Let's use your forum registration date, and let's presume that you started to invest into bitcoin at 15% of your income, and so if you make $35k per year, then $100 per week would be right around 15% since at that investment rate, you would end up investing around $5,200 per year.

So if you invested 7 years then you would have had invested $36,600, and you would have accumulated right around 7.6047 BTC Maybe this is unfair, since I am presuming the possibility that you might have had stopped investing after 7 years (which would have had been August 2023), even though right now, from my formulas, you would still have an ability to withdraw around $34k per year from your investment since the 200-WMA value of your 7.6047 would be about $343k (and the spot price would be valued at $652k.

Yet if we were to presume that the accumulation of BTC had continued until today at the same $100 per week rate, then a bit more dollars would have had been invested for a total of $44,600 invested and 7.7535 BTC accumulated, which would thereby allow for a bit of a higher withdrawal rate of $35k per year, if a withdrawal were to begin today based on the 200-WMA value of nearly $350k.

I understand that it can be quite difficult for normal people to invest into anything at rates that are higher than 10% per year, yet in recent times, I had been leaning on the idea that if a person were able to invest a whole year's salary into bitcoin over a period of 4 years, then he would be investing in the ballpark of 25% per year into bitcoin, so then in the case of your September 2016 starting date, then cramming such 1 year of salary investment into 4 years would have resulted in $170 per week and $35,530 over 4 years and nearly 12 BTC accumulated.

Of course, having 12 BTC right now would be better than having 7.6 BTC, especially since 12 BTC would allow for a withdrawal rate of $54.1k per year based on a 200-WMA value of $541k (and a spot price value of a bit more than $1 million).

I understand that there is a bit of a fantasy to consider that normal people are going to be able to invest 25% of their income into bitcoin over a period of 4 years, which surely we might be able to consider as a form of attempting to front load their bitcoin investment (to the extent that something like that might even be feasible for them and their situation), so there could be cases where guys are able to figure out such a way to be able to invest into bitcoin at that level of aggressiveness over a period of 4 years and to still be able to sufficiently provide for their monthly expenses. There can be value in being aggressive from the beginning, so long as the guy does not end up overdoing his level of aggressiveness, since frequently many of us mention that a guy is ONLY able to be aggressive in his bitcoin investment after he has already established strong cashflow management practices that may well include an emergency fund of 3 months and also some other kinds of back up funds that might related to other expenses and/or other anticipated expenses, such as if the guy might be saving money to buy a computer, phone, car or to take his wife out to eat or to go on some short vacation.

For sure, we likely realize that past performance does not equal future performance, yet I still consider that guys choosing to invest aggressively into bitcoin for their first whole cycle, or perhaps a bit longer (depending on the level of aggressiveness that can be achievable) are having decently good chances of putting themselves into a good position to have options in the future, so maybe the first 4-6 years involve aggressive investing into bitcoin and then after reaching a certain level of BTC accumulation, the level of aggressiveness can be lessened. Many folks are going to need more than 1-2 cycles of accumulating bitcoin (perhaps even fairly aggressively within their own budget) because most people are not going to be able to invest at a rate that as high as 25%, and most likely would be doing quite well if they are able to achieve an investment rate of 10% of their income going into bitcoin.