Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 16/06/2025, 04:05:13 UTC
Of course, guys get liquidated when they are playing around with leverage or margin, and guys who are just regularly buying bitcoin do not get liquidated, unless they liquidate themselves by selling.  Many times if we are just ongoingly buying bitcoin for 4 years and beyond, then by the time we get to 4 years investing, then our cost per BTC is likely at some price point similar to the 200-WMA.. which would be a good place to be. .and yeah, we still might want to continue to buy regularly in the event that we do not have enough bitcoin or more than enough bitcoin.
Of course buying is now endless as even though who have enough in there portfolio keeps stacking up, the common guys wouldn't want to stop too as it's now a life long investment. Not even sure the world enough is going to exist in bitcoin is accumulation is never enough for anyone not even me. if one ever stay in bitcoin for four years buying regardless of the amount items more likely that the urge to buy more will set in after the four years it's more like a norm now.

I am pretty sure that we had this conversation previously, so maybe I am repeating myself - yet it could well be that your youth might be contributing to a bit of obscurity and even difficulties to imagine how a person could get enough or more than enough bitcoin in order to be able to thereafter be able to live off of his bitcoin at his target income level.

I have given several examples in the past, and perhaps the guy with a $30k per year income is a goodf example, and surely if he had been stacking away 15% to 30% of his income for the past 1-2 cycles, then surely he would have had been making decently good progress towards having enough bitcoin or more than enough bitcoin. ..and let's start with the extreme of stacking 30% of his income for 2 cycles ($175 per week and $9k per year), that would have resulted in $73k invested and 7.18 BTC accumulated.

Arguably right now, 7.18 BTC would be enough for him to live off of his bitcoin at a rate of $35k per year, and sure maybe he might feel that he needs to spend another couple of years accumulating bitcoin since he might not be happy with a mere $35k per year of passive income.. and perhaps he would rather aim to live off of something between $60k and $70k rather than his current $30k income. There is some latitude in terms of a guy considering that he has enough bitcoin or more than enough bitcoin.

Of course, if the guy had started investing in bitcoin a little bit earlier (such as 2 years earlier), then he would be even further along in his bitcoin accumulation, and likely it would become more clear that he has achieved a status of having enough or more than enough bitcoin. If he started investing merely $100 per week 10 years ago, he would have had invested a bit over $52k, yet he would have had accumulated about 30 BTC.  30BTC is 4x more bitcoin, merely based on 2 additional years of BTC accumulation and he would not have had invested as much, either.

It seems to me that currently, 30 BTC would have the ability to support around a $145k per year salary, which surely is nearly 5x his current salary, so it would be difficult to argue that he believes that he does not have enough or more than enough based on his already existing lifestyle and his financial ability to increase his standard of living by 5x.  

And, for sure with any of these transitions from stages of bitcoin accumulation to bitcoin stash maintenance to some potential plan of sustainable withdrawal there are calculations involved and making sure that there is enough bitcoin or more than enough in order to achieve either what standard of living that you want, or improved standard of living and/or considerations in regards to any other goals that might be added.