This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.
Surely each of us can have differing goals, yet I would think that many of us should not be planning to spend 4-10 years or longer to get to overaccumulation status and then to knock ourself out of such overaccumulation status.. merely because of sloppiness, inabilities to control our consumption and/or not being able to recognize and/or appreciate the value of his investment into bitcoin.. especially since it is likely that if we are in bitcoin, then we have already come to realize that bitcoin is amongst the best of investments if not the best of investments, so then why would we want to purposefully take ourself out of such investment either to put ourself into inferior investments or to engage in consumption that we feel that we are not able to control ourselves in such in terms of devolving into living beyond our means, which seems to be part of your build-in assumption SuperBitMan that justifies the spending of your bitcoin rather than engaging in deferred gratification and/or figuring out how to engage in sustainable withdrawal within your means rather than wanting to live outside of your means. Again, surely it is your choice to squander away your wealth status by lack of foresight or insights regarding hte nature of the matter and/or the value of bitcoin.
I agree. It makes absolutely zero sense to spend several years to accumulate Bitcoin, just to undo the whole progress all because impulsive spending and/or poor financial planning. If we've really acknowledged Bitcoin's potential as a reliable form of investment, then it's only logical to prioritize long term strategy over whatever benefits we feel we'd achieve within the short term.
It becomes pretty easy to maximize the actual benefits of our investments when we learn to exercise self control, as well as adopting a sustainable approach to effectively manage our wealth. I believe it's more about being mindful of our financial goals and objectives and also move further towards ensuring that we make informed decisions that pretty much aligns with those goals and objectives. Even if it means that we have to set clear boundaries around our spending habit, completely avoiding making certain emotional decisions as a result of the fluctuations in the market and lastly, focus more on the long term potential for growth of Bitcoin.
Having a well thought out strategy will not only help us make more informed decisions but also help us effectively navigate the ups and downs of the market, in order to avoid making common mistakes with severe consequences. This is also a pretty great way of ensuring that our investment continues to grow overtime and also provide us the financial freedom that we desire.
And finally, we need to understand that all this is about striking a balance between being responsible stewards of our funds/wealth and enjoying the benefits of our investments.