⭐ Merited by JayJuanGee (1)
The 200-WMA Isn't Perfect: While a powerful tool, the 200-WMA is not an infallible support level. Bitcoin has, on rare occasions, dipped below it. A prolonged period below the 200-WMA could disrupt this strategy.
Although it's possible, you also need to consider that the Federal Reserve and the other Central Banks around the globe will NEVER stop expanding the money supply. Zoom out to the maximum a graph of the "value of fiat". Do the same for Bitcoin's chart.
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Tax Implications: Cashing out Bitcoin is a taxable event in most jurisdictions. Your sustainable withdrawal rate must account for capital gains taxes.
That's why I support and encourage that Bitcoin-DeFi should be built and further developed so that if we need fiat to invest/buy something, we could simply use it as collateral to borrow fiat. - The user avoids giving up the ownership of his/her Bitcoin.