You seem to be the person who is in denial, ejikeme24.

Of course, there are various bitcoin investors who started investing into bitcoin in 2009, 2010, 2011, 2012 and various points thereafter.  Some have held large portions of their coins, and others have no, yet it is not difficult to conjecture about scenarios in which guys were able to accumulate a lot of bitcoin in some of those earlier years, even though surely with the passage of time, bitcoin adoption became more and more, so the ones who had mostly held onto their bitcoin may well have had been exceptions rather than any kind of rule, and surely some of the earliest of bitcoin adopters might not admit exactly how many coins they held or how many coins they sold, but there are early adopters who actually exist, in spite your request for more specific proof in regards to their actual existence.

Surely, I might agree with any point that you might want to make in regards to the futility of fantasizing about longer term bitcoiners, especially since we cannot turn back the clock and go back and buy bitcoin for ourselves at those earlier times.

I frequently likely to remind folks about the value of mostly accumulating their BTC and holding onto their coins, and sometimes it can be helpful when talking with other forum members who are giving advice about trading rather than investing, and if they have a forum registration date that is more than one or two cycles, then we might be able to ask them if whatever they had been doing had been able to beat a straight forward DCA investment approach, since of course, if some of the guys had been accumulating bitcoin since those earlier days, even going back to 2012, they would have had accumulated a lot of bitcoin for even relatively low prices, since we can see that at the beginning of 2012, the BTC price was ONLY around $5 for both the 200-WMA and also for the spot price... so buying even only 1,000 bitcoin would have had cost only right around $5k.


You are likely blind then, even though you are likely correct that quite a few of the earliest of adopters, even going back to 2012 may well have had sold off portions of their BTC along the way, but if they were starting out with several hundred or even more than 1,000 bitcoin, then even their having had sold many bitcoin along the way, they still may have a lot of bitcoin, such as still having bitcoin in the 100s or even thousands of bitcoin... yet at the same time, even guys who ONLY held less than 100 bitcoin, such as 30-80 bitcoin, these guys would still be in a pretty decently good financial situation right now, even if they might have had sold a lot of their bitcoin along the way.

Frequently the difference in assessing a guys situation in regards to whether he has enough bitcoin or more than enough bitcoin, may well relate to the standard of living that he expects to support, so I personally believe that even right now, as low as 17.52 BTC could support a perpetual income of $80k per year, including adjusting for the debasement of the dollar at 5% or more per year.  Of course, a person might want to have some kind of a cushion, so that he makes sure that he is drawing way less than the rate at which his bitcoin stash is increasing in value... so I personally believing that using the 200-WMA to valuate your bitcoin holdings and to calculate your withdrawal rate will help you to make sure that our bitcoin value is growing faster than your withdrawal rate in the event that you want to enter into some kind of a sustainable withdrawal plan in regards to the quantity of bitcoin that you hold.