If a guy has 300 bitcoins from 5 years ago or more, then I am having trouble considering any kind of dilemmas with the options presented by having such 300 bitcoin right now.

I could understand a normal kind of a guy accumulating 300 bitcoin from 2015 or 2013 or earlier, since in 2015, I person could have had accumulated 300 BTC for less than $100k, yet if a guy were to accumulate 300 BTC 5 years ago, then in the better case scenario, it still may well have had cost him more than $1 million to accumulate such bitcoin, since there were not too many times in which he could have had gotten them for less than $4k, and so more realistic would be costs of $2 million or possibly a bit more to accumulate 300 BTC, but still right now, we see that quantity of bitcoin is currently worth around $14 million for its 200-WMA value and $31 million for its spot price, which largely goes to show that for anyone working with a large amount of value, then they can likely transition into sustainable withdrawal more quickly than anyone who might be accumulating bitcoin under more modest purchase quantities.

I would suggest that a person who has $14 million based on spot price can actually withdraw in a sustainable way around $1.4 million per year, so even if such guy might have invested around $2 million or more into bitcoin, he would be able to withdraw in a sustainable way in which he would get back his principle in less than 2 years and he could continue to withdraw at that $1.4 million per year in perpetuity (as long as he does not screw it up). 

I usually would recommend such a short period of time to go from buying bitcoin and into sustainable withdrawal, yet if the numbers work out, and the bitcoin had been allowed to sit for a whole cycle, then I see no problem transitioning into sustainable withdrawal whether price based and/or time based... by the way, it is easier to go into price-based sustainable withdrawal than to go into time-based sustainable withdrawal since time-based sustainable withdrawal may well end up with ongoing withdrawals on a regular basis, yet even with time-based sustainable withdrawals, guys can still adjust the amounts of their withdrawals upwards or downwards based on BTC prices.  There can be ways to combine (or hybrid) such sustainable withdrawal practices in order to not withdraw too much BTC during the downward price periods and to withdraw more during the upwards price periods.

Even if we are dealing with higher numbers, we still might need to consider a guy's individuals particulars in order to help to determine what he might consider to be a reasonable course of action, and surely if we are the guy in such circumstances, then surely we still might need to think through our circumstances in terms of considering if we might transition into some kind of sustainable withdrawal, and if we have other income sources, besides the BTC that we hold, then we may well only need the BTC to supplement our other income sources..

...and sure we could have some income sources that we feel causes us too much work and other stress, and so we might choose to sell our other income sources and then become more reliant upon our bitcoin as or primary income source, so surely there can be a lot of options, and anyone who is able to get 5x, 10x, 30x or more on their investments likely feels good about the options that they have and they feel better if they had been able to put more value into investments that ended up performing well.   Surely any guy who got bitcoin around $k to $6k per BTC 5 years ago, would feel quite good about his investment and in less of a dilemma, and if his cost are $10k to $20k per coin, he might have more of a dilemma in regards to maybe sitting on his investment rather than starting to cash in any of his investment.  There can be quite a bit of variation, and surely I consider calculating from the 200-WMA to be a better way to valuate bitcoin and to consider courses of action based on such valuation..


Just because some guys do dumb things and have bad motivations and become emotional about their investment, that does not mean that any of us should aspire to conduct ourselves in those kinds of ways - even though we likely can realize that anyone is vulnerable towards making various kinds of mistakes, which may well include selling too much of their bitcoin too soon.

Hopefully many of us are trying to build and put into practice systems in which we are largely in control of the systems that we set forth, and if we screw up some of our systems, we might even contribute towards our becoming overly emotional based on our having had put bad systems and practices into place.

It is likely that many of us are going to end up making several mistakes in our bitcoin investment journey, yet hopefully none of our mistakes are so great that we largely take ourselves out of the bitcoin investment game and become a bitter low coiner and/or no coiner based on the extent of our various mistakes along the way.  If we learn about our mistakes, then we likely are building stronger investment and cashflow management systems with the passage of time we should become more and more resilient in terms of our finances, and if our finances are strong then our psychology becomes stronger too.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.
[/quote]

There is always going to be some emotions, yet the stronger that we set up our systems of investment, cashflow management and back up funds then the more likely that we can reduce our emotions - even if we cannot completely eliminate emotions, but if we have good systems in place, we may well realize that we are best off to just stick with the systems that we have in place, and not to change any of our course of action based on emotions that we might be feeling...

...even though sometimes the level of our emotions might tell us that there might be something that we need to change, since sometimes if there is a dip and if we are becoming overly emotional, and we are not buying and we are thinking about selling some BTC, then we likely might be able to realize that we are overly invested. .but we might not be in a position to resolve our situation of being overly invested when the BTC price is down.. or we might learn that we need to keep some money in reserves so that we can buy when the BTC price dips so that we will feel better, yet we may still realize that the BTC price might keep dipping even after we bought more BTC, yet our level of emotions might still inform us that there might be some ways that we can tweak what we are doing so that we are not becoming so emotional.