Quote from: Sonia_123 on May 08, 2025, 12:06:17 AM

Quote from: Derekfunds on May 07, 2025, 07:59:42 PM

Quote from: Gost ms on May 07, 2025, 06:32:41 PM

Quote from: Futurexxx on May 07, 2025, 04:07:24 PM

This is my exact sentiment here buddy, selling all at once is like saying that you are no longer interested in making money or you are saying indirectly that you will be dieing tomorrow, so their will be no point having any Bitcoin anywhere, because even Elon musk the richest man in the world now is still investing, because he is still looking to make more money, so why selling off all your investment and start afresh if he is going to start again at all.

It is foolish to sell your entire investment after the investment period ends. Because you have been investing for a long time and you have kept your holdings until your time limit ends. If you sell your holdings after that, then you will have to start investing again and you will have to wait until your time limit ends to sell your holdings. But if you do not sell your entire holdings, you can sell some amount of holdings during your need period which will be able to meet your needs. If you can keep your holdings in this way, then it will be good for you.

Well I don't think it is even that easy to sell all the Bitcoin one have accumulated for years just that like, the only time it can be that easy to sell everything is when that particular investor didn't have a good fraction of Bitcoin is his or her portfolio because if an investor has a good fraction of Bitcoin in there portfolio then selling everything won't be that easy because the investor will calculate how long it took him or her to get to that height.

Moreover, any investor that wants to sell all his or her investment should at least have a good plan of what they will use the money for else it becomes a waste and a reckless decision and even the investor will regret after selling and didn't make good use of the money. So anyone who has plan on what to use the money for, I don't see anything wrong with that so long as they have hold for a long term and they have gotten a good return from it.

Why selling all off once, in as much as you have reached your over accumulating stage, you must have made some good amount of profit, why not spend the profit and continue with still the over accumulating.

Once a person reaches overaccumulation, there may well not be any need to continue to accumulate bitcoin, and any accumulation of bitcoin, after reaching overaccumulation stages would be optional.

If a person is engaging in sustainable withdrawal after reaching overaccumulation (whether price based and/or time based sustainable withdrawal), there would be no need to withdraw more than the overaccumulated amount, so the goal would be that your bitcoin holdings stays in overaccumulation status until such time as you might need the priciple based on health and/or age considerations... otherwise you can perpetually continue to withdraw from the overaccumulated amount without ever running out of BTC... of course, if you are spending from within the limits of your overaccumulated amount, then the value of your BTC, including that in the overacculated amount is growing faster than you are spending it.. until such time as you purposefully decide to reduce the principle based on age/health considerations.

Quote from: Sonia_123 on May 08, 2025, 12:06:17 AM

If I were you, i will only be spending my over accumulation and profit, then hold on to my capital and still continue accumulating because holding Bitcoin for 4-10 years, you must have achieved x10 of the money you used to buying Bitcoin, therefore getting at the peak/over accumulation of your Bitcoin and selling all at once to start from zero level again is not wise and unhealthy for an investor to practice,if you are so eager to sell reasonable amount of your Bitcoin, you can decide to sell half of your accumulation and not all, because you can still get good profit from it to do what ever other business or plan you have in mind.

We cannot presume that our BTC holdings have 10x'd in profits, yet if we put a year's salary into bitcoin and bitcoin had 10x'd in value, then it is quite likely that we are getting near what could be threshold fuck you status (an ability to live off our bitcoin and to replace our income)... How much we accumulate beyond our threshold level might help to establish how much we might be able to increase our standard of living to higher levels.

We should not be trying to give exact guidelines since any of us should be attempting to particularize the value of our bitcoin and how we might manage it to our own situation, and surely I think it would be bad to be selling large portions of our bitcoin holdings and putting ourself back under overaccumulation status, since that might justify that we have to go back to accumulating bitcoin since we no longer have enough (or more than enough).

The more that we exceed our threshold accumulation level, the more options we have, and even at some point if we might have barely made our threshold overaccumulation level, it seems that if we are valuating our bitcoin holdings based on the 200-WMA value, then quite likely after 3 years or perhaps even less, our withdrawal rate will likely double merely from the passage of time (even if we had not added more BTC to it, as long as we were not withdrawing, either). There are a lot of ways that we can choose to manage our BTC holdings in terms of keeping adding, stop adding but don't withdraw, stop adding but withdraw at a reduced rate, stop adding and withdraw at a maximum rate and/or variations of these ways of managing our BTC holdings with targets of continuing to allow it to grow or perhaps to merely keep it stable in value or perhaps to reduce its value over a certain period of time.... The BTC holdings are sustainable as long as they are not being reduced greater than the rate that they are growing.

Quote from: Moreno233 on May 08, 2025, 01:47:25 AM

What do you mean by investment period ending? Wait, are you saying someone can invest in Bitcoin and decide from the beginning that he will sell after a given number of years? That is funny because I'm just imagining what he will do if there have not been reasonable profits during that period, will he sell at loss? I don't see this as an efficient way to go about investing in Bitcoin because it has a chance of breeding frustration and loss of confidence and even money. Besides, someone who have this plan may be tempted to invest beyond what he should with the hope that he will recoup his investment when he sell. Some may even go as far as borrowing money to invest which is never advisable.

While investing in Bitcoin, it is good to give some room for time-based growth and not force the market to vomit profits at a set time. This is why it is strictly advisable to only invest discretionary income so that there will be no pressures to sell at a particular time.

I agree with most of what you said, yet I don't agree with your assertions about how to weigh borrowing money, since you said that it is never advisable to borrow money, which seems a bit strict and/or closed minded in terms of assessing individual circumstances and loan terms.

For sure, there is value in terms of having some flexibility in our investment timeline, and we may well even vary the amount that we invest over time too.. based on various reassessments of our own capacities and our chosen lifestyle.

Quote from: Aanuoluwatofunmi on May 08, 2025, 01:10:04 PM

Quote from: Jostern on May 07, 2025, 05:30:15 PM

[edited out]

I see that some still don't understand why they should invest in bitcoin from any other assets of investment, even though we may also regard this from the way some are less informed about the use of bitcoin for their asset preservation and investment that could yield more than other forms could give them if invested over time, the security is there, we have control over our digital asset and we choose when to start, buy and sell or for how long we are going to hodl bitcoin, if you could discover these along with me, seeing the increasing rate of bitcoin as national reserve by some prominent countries is a good example that anything that can withstand the effect of inflation over it value is worth going for.

I can understand how some people might be hesitant to sell any of their prior investments in order to reallocate into bitcoin, yet even if someone might have been investing for 10 or 20 years and they may have built up an investment portfolio that is worth 2-5x their annual income, they still might want to consider that it might be valuable to figure out some kind of an allocation to bitcoin, but they still might have dilemmas about how to reach their target bitcoin accumulation level whether their target might end up being somewhere in the 5% to 25% amount or even some other target level that they would like to allocate towards bitcoin.

Maybe an example might help?

Let's say that a person is in his late 30s or early 40s,and he had been investing from his work salary for the past 15 years, and he invested around 15% of his salary into various index funds like a 401k and perhaps he owns property too... and so his income had started out in the lower $20ks, but he got promoted and received raises and cost of living increases, so now he is earning around $50k. so maybe he invested around $60k over the years, and maybe his investments had largely doubled in value. So they are currently worth around $120k.. but the guy would like to be able to get to a point of being able to withdraw at least 20% higher than his current income.

If he invested 5% to 25% into bitcoin, then that woudl be somewhere between $6k and $30k, but he might not want to deduct from his current investments, even though at his curent income rate, he is really ONLY able to invest at most $200 per week... which he realizes that it would take him around 3 years to reach $30k invested, so he may well try to figure out some kind of way to sell some of his current investments in order to reallocate into bitcoin, or some other ways that he is able to increase his weekly investment amount higher than $200 per week.. and surely there could be some employers that match contributions, so he might not even be incentivized to divert his income from his other investments into bitcoin, sine he would not receive the matching amount.

Each person can be left with dilemmas in regards to getting into bitcoin, even if he has already established himself in other investments prior to getting into bitcoin.. but surely the guys with other investments are going to have more options than guys who are barely getting started and even guys who also might have to spend time making sure that their emergency fund has enough funds to give some protections to their BTC investment.

Quote from: SuperBitMan on May 08, 2025, 04:45:14 PM

Quote from: ejikeme24 on May 08, 2025, 01:15:46 PM

[edited out]

It is true that selling your Bitcoin holding at once is a very wrong approach and again before you will even decide to start selling your Accumulated Bitcoin you must make sure you have accumulated enough you can't just start accumulating newly and quickly start selling is wrong.
When it comes to the method that should be used when selling your Bitcoin according to JayJuanGee he said that selling 10% for every time that the BTC price doubles is a very conservative approach and I agree with that and I think using this approach will help you maintain your Bitcoin investment and prevent it from running dry, some set of people use some approach that makes them run dry there Bitcoin investment which is very wrong when you have accumulated enough you need to use a method of selling that will help you maintain your investment and selling 10% for every time that the BTC price doubles is perfect.
You can go through this thread to JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance) also to guide you more.

I agree that I said that cashing out 10% every time the BTC price doubles is a fairly conservative approach to price-based sustainable withdrawal.

Also, I am pretty sure that I said that selling 10% every time that the BTC price doubles is one of the possible portfolio management (and sustainable withdraw) methods that becomes available after reaching overaccumulation status. Guys will sometimes start to employ methods of selling BTC prior to their having had reached overaccumulation status, and to the extent that my opinion matters, I do not agree with selling BTC prior to reaching overaccumulation status unless you are engaging in spend and replace or you have some kind of an emergency or you are cashing out due to age and/or health concerns.