Quote from: JayJuanGee on Today at 02:56:01 AM

Quote from: Nheer on June 18, 2025, 10:12:48 AM

Quote from: Merit.s on June 17, 2025, 05:42:24 PM

Quote from: Nheer on June 17, 2025, 10:29:40 AM

I believe people who are waiting to buy the dip are short term investors (more like traders) who are only after profit so they believe buying cheap and selling after a little price movement is the best way.

You can wait to buy at the dip if you have reached your bitcoin accumulation target and wants to go into over accumulation stage. Also, when you are in your over accumulation stage, you can buy bitcoin at the dip in order to replace any quantity that you sold for a good reason and buy back when the price dips so that you don't go below your over accumulation stage and start accumulating bitcoin again with DCA regularly.

Over Accumulation? Are you for real? There is no such thing as over Accumulating, when your target is reached that is not the end of your investment journey you just have to reassess your goals and set a higher target. That way there won't be an over accumulation. If your target is reached you can decide to take some profit and rebalance your portfolio if you see the need to but i think extending your investment period is wiser since Bitcoin has the potential to grow even higher. Taking profit doesn't mean you sell all your Bitcoins.
Reaching your target doesn't mean you change your accumulation strategy and start buying at dips. Reaching your target doesn't mean you should relent on your accumulation.

You are lacking in imagination if you believe that overaccumulation cannot be achieved.

Let's say that there is a person who was in his mid 30s in 2016, and he started accumulating bitcoin in 2016, so now he is in his mid 40s. When he started investing in bitcoin he had been earning around $30k per year, and he had been investing in various other assets at a rate of about 20% of his income (about $120 per week), so his total investment time had been about 10 years, so he had an investment portfolio of about $100k. In 2016 he decided to continue to put $120 per week into bitcoin, yet he also decided to put 40% of his already existing investment portfolio into bitcoin (which would have had been $40k). His goal was to get to having a passive income of $80k.

So his initial purchase of $40k worth of bitcoin got him right around 61 bitcoin (since he got them around $650 each).

His $120 per week invested into bitcoin caused him to invest $56.6k into bitcoin, and accumulated about 14.45 BTC..

So right now his total bitcoin holdings is about 75.45 BTC. This guy has overaccumulated by around 4.5x.. since his goal was to have a passive income of $80k per year, and 75.45 BTC would currently get him a passive income of about $367k per year. This guy has totally overdone it, and he likely could have had stopped accumulating a while back and to start to live off of his bitcoin.

There is no need to have such extreme scenarios in order to make the point that there are levels of overaccumulation that are based on goals that guys have that might be within their current income level, and even if they might want to increase their standard of living, there may not be very much reason to shoot for unrealistic numbers when many folks might well be quite content to even just replace their current income and to be able to perpetually earn their current income, and perhaps just have a bit of a cushion that goes beyond their current status and helps them to assess that they would be spending from their overaccumulated bitcoin rather than still be accumulating bitcoin.

Quote from: Nheer on June 18, 2025, 11:41:14 AM

Quote from: Merit.s on June 18, 2025, 10:14:02 AM

Quote from: Nheer on June 18, 2025, 10:12:48 AM

Quote from: Merit.s on June 17, 2025, 05:42:24 PM

Quote from: Nheer on June 17, 2025, 10:29:40 AM

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There is an over accumulation stage mate. This is the stage when you have accumulated beyond your bitcoin target because you have the finance and passion to accumulate extra bitcoin. For example, I have a target to accumulate 6btc and after accumulating this quantity because I still have more time and zeal passion to continue accumulating more, I decided to accumulate 2btc extra to make it a total of 8btc. The extra 2btc has put me in my over accumulation stage because it differs from investor to investor.

I get your point but don't misunderstand my statement, there is the word over accumulation which typically means over collecting or having too much of something that u need often above what is considered reasonable. So let me ask you, do you think there is a stage where one have too much Bitcoin than they need? Do you think holding too much Bitcoin threatens the safety of our investment? I personally don't think so, I don't think holding too much of Bitcoin to a point that it will be considered not safe so that's why I made that statement.
In Bitcoin investment we can only accumulate past our investment target but I wouldn't refer to it as over accumulation. You're just exceeding your initial goal which is a good problem to have.

If a guy knows that right now he needs at least 16.407 BTC in order to perpetually sustain an income of $80k per year (which happens to be his goal), and he has more than 27 bitcoin, then he knows that he has more than 10 bitcoin more than he needs. I am not sure what point he would have to accumulate more, and he surely has a lot of options having had reached such overaccumulation level that is something like 61% more bitcoin than he needs.

There should be no reason to disclose (or tell) anyone that he has more bitcoin than he needs and he may well not even need to tell anyone that he has bitcoin.

Quote from: DubemIfedigbo001 on June 18, 2025, 12:29:12 PM

Quote from: JayJuanGee on June 18, 2025, 05:58:42 AM

I think that many long term investors would do well to continue to buy bitcoin for at least one or two cycles, yet of course the extent of their buying may well have to do with their budget and if they had been able to front load their investment. Many times normies are not able to front load their investment, so they tend to be better off to keep on accumulating, rather than merely holding... Even though holding is good in the context of meaning not to sell.. ..

When an investor resort to only holding possibly because you've reached your accumulation target or thereabout, without exhausting your holding period, I don't think it's quite advisable to stop accumulating. Continuous buying revitalizes the energy to only add to your portfolio and reduces the possibility of entertaining the thought of selling your Bitcoin.

Sure, guys can do what they like in terms of figuring out how much is enough, and if their goal is to have a perpetual $0k per year income that accounts for 7% debasement in the dollar (or other fiat) every year and they know that they need a minimum of 16.407 bitcoin right now to have such income, and they have more than 27 bitcoin, then I have some difficulties understanding why they might want to continue accumulating bitcoin. They have options and they can choose within their options, and sure some guys might not know what they want or how to manage the fortune that they already have.

Quote from: DubemIfedigbo001 on June 18, 2025, 12:29:12 PM

Furthermore over accumulation is a good thing and ensure you have a larger portfolio than you planned out initially. Surely, if you're still able, you can reset your accumulation target and get back into your accumulation phase to get a relatively higher stash of Bitcoin. It's noteworthy that the bigger your portfolio, the more profits you tend to enjoy on the long run.

Sure there are folks who are never happy and they keep setting goals in order that they never make it to fuck you status;... and sure, that is their choice. if a guy has more than enough, he does not have to spend it all, he can live within his means, and even if he is withdrawing, he can also continue to increase his standard of living based on his having had employed good, sustainable and even a situation that involves an ongoingly growing income.

If the guy had historically made a $30k per year income, and he is able to stop working and perpetually make $80k or more, then what good does it do for him to keep working for a $30k per year income and perhaps not even really being able to build his already existing bitcoin holdings in any kind of a meaningful and/or substantial way.

It makes little sense... but yeah, being in overaccumulation status brings a lot of options, and guys can be creative in regards to how they take advantage of their options in such ways that are sustainable rather than blowing it all away or taking some other short-sighted approach to their situtuation.

Quote from: jems on June 18, 2025, 01:21:50 PM

Quote from: JayJuanGee on June 16, 2025, 05:30:56 AM

Of course, if we have troubles being consistent within our ongoing bitcoin accumulation the short term, then we just should be attempting to spend more time working on various aspects of our own personal income and/or cashflow management circumstances to be able to allow investing in bitcoin within our discretionary income - while hopefully not getting too caught up upon bitcoin prices when we are admittedly in our earliest of stages of bitcoin accumulation.

Surely, you have been registered on the forum for over years since early 2017, so you may have had times that you had not been able to accumulate bitcoin, yet you still have to figure out from now rather than allowing any of your bitcoin accumulation short-falls of the past affect your current actions, which may well mean that if you did not accumulate bitcoin during various periods in the past and you have not been able to make meaningful progress towards reaching great bitcoin accumulation, then you may well need to start from today as if you were a beginner rather than someone who had already had years to accumulate bitcoin. many of us make mistakes, yet we still can figure out our actions and act from today to improve both our bitcoin accumulation practices and improve our cashflow management systems and practices.

I have implemented planning since the beginning to continue to increase my Bitcoin assets but it ended when my target was met even though there was a little regret because I was impatient to take bigger profits but I have forgotten that and now I am starting to hear new targets again.

There are many lessons from my past experiences that I will use as guidelines for this future journey for me to accumulate bitcoins consistently with the DCA method that I have determined and back to the problem as we discussed that the difficult thing is consistency but with the experience I have I am quite sure that I can implement the journey to achieve the target consistently.

Of course, no one should withdraw too much too soon, since they might prematurely consider themselves to be at fuck you status based on spot price rather than something more reasonable, like the 200-WMA. Hopefully, you can figure out these matters since it is way better to get to an overaccumulation status and to withdraw from overaccumulated amounts while making sure that the amount withdrawn is not depleting your holdings, so in essence your holdings should be growing at a faster rate than you are withdrawing from it.

I discuss quite a few of these ideas in my sustainable withdrawal thread, including the ideas of making sure that you are at a status of overaccumulation before you employ any withdrawal techniques (whether price based or time based), and of course, only spending from the overaccumulated amouts is good too... yet surely, guys can confuse some of these ideas and end up both withdrawing too much too soon and also end up overly depleting the principle rather than living off of the passive portion that is ongoingly growing.. which is another good reason to use the 200-WMA (the bottom price) rather than the spot price in terms of guiding limits and also valuating your bitcoin wealth.

In the end, we should be attempting to tailor to our situation.. so that we are spending bitcoin within our means, and likely spending other assets and/or currencies first rather than bitcoin prior to even spending our bitcoin. .. there can be ways to graduate into fuck you status rather than prematurely going into it, too.

Quote from: MainIbem on June 18, 2025, 01:33:09 PM

Quote from: DubemIfedigbo001 on June 18, 2025, 12:29:12 PM

Quote from: JayJuanGee on June 18, 2025, 05:58:42 AM

Edited out

...When an investor resort to only holding possibly because you've reached your accumulation target or thereabout, without exhausting your holding period, I don't think it's quite advisable to stop accumulating.

...Furthermore over accumulation is a good thing and ensure you have a larger portfolio than you planned out initially. Surely, if you're still able, you can reset your accumulation target and get back into your accumulation phase to get a relatively higher stash of Bitcoin.

Everyone dream is to have a very huge portfolio even though we all can't achieve same goals due to financial differences that's why holding for long-term is very important especially for the shrimps, whales are financially very capable of buying lots of Bitcoin but if they can hold for long to get more even when they've achieved what most shrimps wishes to then I see no reason why shrimps shouldn't hold for more than a decade or so, Bitcoin has given every class the hope that it's a futuristic investment opportunity so with that being said it not something I'll advise anyone to stop buying even when they've reach their target, like you said one can still reset their target and continue going, their's no harm in doing that, so far their's hope that Bitcoin would keep improving therefore Bitcoin believers should keep buying and holding take Blackrock, Microstrategy for instance, they keep buying than selling and they'll definitely get their reward if or when Bitcoin gets to $1m in the future.

You could be correct that many guys will prematurely think that they have enough or more than enough, when they do not.. not that they have to be greedy, but they have to figure out how to valuate their holdings, to keep accumulating until they have enough or more than enough, which means not prematurely selling, stopping in buying or trading, and even when they might reach a point in which they are able to start selling their bitcoin, they might have a holding period between their buying before they graduate to selling.. so for example, they could spend 4 years accumulating then 4 years holding before they graduate into a point where they could tart to sell. and surely some guys might spend 4-12 years or longer accumulating and then at least another 4 years holding before starting to sell any bitcoin.

Well articulated ideas, especially in the area where you said “no one should withdraw too much too soon”, and that it is way better to get to an over accumulation status and withdraw from an over accumulated amount and also making sure that the amount withdrew does not deplete your holdings. Now it gives more insight about over accumulation especially to those who argues that there’s nothing like over accumulation status. Very important points to really look out for as a bitcoin investor, whose strategy is based on the long term goal, it’s never advisable to sell prematurely, as a matter of fact you should not be tempted to sell part or even all of your bitcoin holdings probably because you noticed a little profit even during that your early stage of accumulating. your focus should be on continuous and consistent accumulation and hold for the long run, let’s say 5-10 years or more, and at this stage, the least you could do is, when you notice you’ve accumulated even more than enough of your targeted goal, you can decide to take out your profit and continue with your accumulation, that way it will not affect your bitcoin holdings or portfolio.