I believe that the JJG thread that would be most accurate on this subject would be the following:
JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance)These are the kinds of projections newbies see online and rush to invest in bitcoin. This calculation above looks very clean and will easily excite anyone who is interested in investing their money. However, I think this post is flawed by the fact that it did not put some factors into consideration. I would want to know from op if he has tried this strategy and consistently earned $100,000 annual profits to be confident enough to recommend this to others.
These calculations above assumes that bitcoin will keep appreciating over the years. Bitcoin operates in cycles; it didn’t address the bear season and volatility. Just the op guaranteeing $100,000 annual profits. This is highly not realistic.
In my particular case, I'm not looking for a perfect system that works on paper, because we all know that no matter how perfect it may be, reality has its variations, and sometimes differs greatly from what's on paper. If you increase your net worth and your bitcoin over the years, you will be much better off in the future than if you didn't. When the time comes to retire, you will be able to adapt. You can withdraw $100K one year, and if there is a bear market the following year, you can adjust your spending level or draw on other assets. It doesn't have to be a pre-established plan without variations.