I am not necessarily considering that everyone is in their accumulation phase, yet it does tend to take a long time to get through such accumulation stage, and we cannot even judge exactly for someone else in terms of where their accumulation stage might transition into more of a maintenance stage or even to get into some kind of a sustainable withdrawal stage.

Even if a guy might transition to a point that he is less aggressively accumulating bitcoin, during a transitionary stage he still  might have irregularities in his bitcoin sales, since he might have income from other sources, yet if he comes to a judgement that he is going to quit most if not all of his work and therefore cause some of his income sources to dry up, he still might have some other income sources besides his bitcoin, yet his bitcoin might become a substitute for his given up income source.. so then he may have priorities to spend from his various non-bitcoin income sources prior to spending from his bitcoin.

It seems that I have given some examples previously in which a guy might spend 4 years aggressively accumulating bitcoin at a rate of 25% of his income, and so then his having had put a whole year's salary into bitcoin may well put him into a place in which his bitcoin value is going up quite a lot, whether we evaluate the value at the 200-WMA valuation or at the spot price, yet he might start to feel quite a bit of empowerment from the amount of value that he put into his bitcoin, so that his choice to really push his level of aggressiveness up to 25% rather than 10% or below, might have had helped him to shave many years off of his time needed to accumulate bitcoin as compared to his peers who might have had chosen to accumulate bitcoin at 5% to 10% of their income or lower.

We know that even the aggressive person can end up making mistakes in regards to investing into bitcoin beyond his means, yet if we assume that there might be some guys who are able to pull off something like investing 25% of income into bitcoin for 4 years or longer, they may well end up showing that their level of aggressiveness had ended up separating them from the pack in terms of the options that they ended up having later down the road for their level of aggressiveness, as compared to the ones who had been way less aggressive.


We might not always realize the benefits of DCA and our continuing to think about buying bitcoin until we have put it into practice for a decently long period of time, perhaps 6 months to 18 months or more.. and we might not even realize the mistakes  of our own prior ways of thinking until we really learn to focus on ongoing buying.. and maybe we have a budget to buy for every week, yet we might have a budget that is a bit less consistent, yet we still might be thinking about employing our next buy and how good that next buy makes us feel no matter what is the bitcoin price. 

Sure, there are some guys who set their DCA buys automatically, and I have no problem with automatic BTC buys, even though there can be some pleasures in manually setting them, too.. whether every week or whatever other period that the buys are carried out.  I also do not necessarily believe in market buys, so, there can be the setting of limited buys that might be 1% below the current price or maybe at some other amount that is comfortable depending on what the BTC price seems to be doing.. but surely making sure that the buy price is one that is going to be executed within a reasonable period of time. 

For example, I might set my BTC buy at a price that is around 1% below the current price, and I might even give myself a deadline of 2 days for the buy order to fill, and if it does not fill in 2 days, then maybe I will reset it at another price or I will manually make the buy at market price.  Then I go to my Excel spreadsheet  and I  enter in the data to concretize the amount of BTC that I bought within my accounting by putting the amount of BTC that I bought and how much I paid for it.. and I can go back and look at my past projections and see how the reality actually matches up or even how the projections might differ from what actually ended up taking place in regards to how much BTC I had accumulated and how much I paid for them.  There can be fun in going through these kinds of accountings and projections.


Well if you ended up getting bitcoin at $1k, you might have spent 4 years accumulating bitcoin between 2013 and 2017 and even that you had bought bitcoin at a variety of prices between $200 and $2k, and you end up having an average cost per BTC that is around $1k but you spent a lot of time focused on buying bitcoin.

So maybe at some point you might determine that you had accumulated enough BTC or more than enough BTC, then you might transition into some kind of other stage that might be largely maintaining your BTC stash rather than trying to grow it, yet surely one of the good things about getting an average cost per BTC around $1k is that at some point it starts to become less and less likely that you are going to be in the negative in regards to the BTC price, and it becomes less and less likely that the BTC price is going to return to anything close to $1k...

Sure, you might not be sure about the BTC price, since if the BTC price shot up to $19k and then it came back down into the $3ks, there might have had been some periods of uncertainty, even though with more and more passage of time, there can additional levels of confidence and comfort that the BTC price is not going back down to your cost levels, especially if you had spent enough time accumulating bitcoin and having a feeling that you have accumulated enough bitcoin or even more than enough bitcoin.

Of course, not everyone is going to be able to get to a point of completely having enough BTC within a four year timeframe, and they may well have to accumulate for longer than 4 years before they reach of a stage of having enough BTC or more than enough BTC, and so surely if they continue to accumulate bitcoin, there costs per BTC are likely going to continue to go up, yet still there may well be way more importance to continue to accumulate the BTC, especially if you are not sure if you have enough or not.. .and so surely at some point you may well be able to have the fortune of assessing that you have enough BTC or more than enough BTC for your own purposes.

If you have reached enough BTC or more than enough BTC with a cost of $1k, then you might not need BTC prices to go to $200k or $500k, and you still might be sufficiently fine with BTC prices $20k to $50k or even $100k, and so the fact that the BTC prices are likely going to continue to go up to $200k or $500k and beyond are just added bonus points that may not necessarily cause you to wish for them to happen or not, since perhaps you have already assessed that you have enough BTC or more than enough BTC, and so the higher prices are merely icing on the cake.

Of course anyone coming to bitcoin in recent times may well be considering that his cost per BTC are likely to be $100k or way more than $100k per BTC, so there may be a bit of futility to be considering guys who have way lower costs per BTC and who likely in a different place in regards to their ability to start spending their bitcoin...or even to just be regularly spending their bitcoin.. and sure, there may be some attention to the price, but the price might not be centrally motivating, and surely these guys who are spending may well spend from their various dollar sources prior to spending from their BTC, so they may well not even be needing to spend very much of their BTC, yet they still might not be accumulating bitcoin at this point, either.