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.