Bitcoin Forum

The other day I've found this interesting blog about someone in Europe planning to retire early by converting a fixed amount of their monthly salary into Bitcoin.

He started doing this in the bull market of 2017 and keeps doing it every month, no excuses. A specific amount, 500 euros, is always converted into Bitcoin and stored away in cold storage.

This is how his strategy looks like:

https://www.talkimg.com/images/2024/02/12/vBnRo.png (https://www.talkimg.com/image/vBnRo)

As you can see, the BTC stack in orange always keeps going up, making it a personal ATH for him every time.

In a black dashed line is the actual total invested in fiat, which simply increases by 500 euro every month.

And in green you can see the value in fiat(euro) of his current amount of Bitcoin. This one of course varies a lot depending on the current price of Bitcoin.

You can clearly see that it has been an incredibly great savings strategy so far, obtaining a lot more value than simply saving in fiat.

I'll leave you guys with the url of the blog: https://er-bybitcoin.com

In the end, perseverance seems to be the key here. He's not putting an incredible amount of money down every month, but still he has managed to obtain a lot of Bitcoin, 4.47 BTC from his last update.

Have you tried something similar?, maybe now thinking about doing it?, I think it's a great idea.

It is always a great idea to save for the future and Bitcoin has shown over time that it is one of the best investments for retirement plans. I have no plan to retire early because it will be very boring or uneventful. I keep wondering what people who retire early will be doing with the long productive year that is ahead of them  :D. I plan to keep contributing to society for a long time because there is still much work to be done.

But Bitcoin for me is a lifetime investment because I would like to always own Bitcoin. If I have the opportunity I will not just plan to retire with my Bitcoin earnings but it will also be part of what I would like to transfer to my children.

This is a perfect explanation of how Bitcoin is the best crypto currency to withstand inflation. Many a time people are told to invest not save but they seem to get confused. Investing overtime brings about profits which in turn covers losses caused by inflation. Now Bitcoin currently is the best digital currency that could serve both as an asset and a peer to peer currency.

Someone who saved $42k in fiat would find out that in a 3 year period of time $42k won't be worth as much as it used to. However someone who bought Bitcoin worth of $42k about 3 years ago will find out that due to increase in value of Bitcoin, that amount would have been over 46k which would cover for both losses caused by inflation and still leaving  an extra amount of profit.

Bitcoin is a win win investment asset for both inflation and profit.

I think people use the word "retire" in different ways.

For me at least it means having the option to do whatever you want, which usually would include working, just probably not for the type of organization that pays enough to cover living expenses.

I would be so happy contributing way more to open source projects, and creating interesting things that don't necessarily need to have a positive business plan.

Most people in this forum would probably never really "retire" in the sense of stop working. I see retiring as a way to use my skills in interesting projects, independent of the pay, which might or might not be there.

$500 is already an incredible and high amount at least IMHO. Whether you live in a first-world or third-world country, that amount is already significant and way back even higher than before this crazy inflation came. What we can learn here is that the accumulation through DCA is always going to be worth it. People may find the strategy to be lowkey at the beginning but that's the purpose of it, the effect will be seen in the long term and that's why it is important that someone has a long term plan or if not, a short term plan. But anyway, the majority of us here have already decided to stay in the long run.

That's not what an All Time High means. It's DCA (Dollar Cost Averaging): buying a fixed amount into an investment on regular moments.

Yeah, ATH is basically the highest fiat value of Bitcoin at all times.

I'm just mentioning here the fact that this person never has sold BTC, which means that every time he buys 500 euros worth of Bitcoin to add to their stack, their personal maximum amount of Bitcoin they have ever held continues to increase into a new maximum.

It's simply using the phrase All Time High in another context, like a personal best.

That's HODLing :)

Achieving something is really on his heart. He doesn't think about the risk instead, he faces it and enjoys accumulating Bitcoin. That person gives us an idea of how important to be certain about our plan because we never achieve our goal if we keep changing it but instead, focus on one direction.
He could retire early but can't think of continuing to buy more Bitcoin. This will additionally prove that investing in Bitcoin either for the long-term or short-term is worth it and profitable. But we also have to think about this before start accumulating Bitcoin - investing is good but we should not put everything we have on crypto alone. Better to have some protection, at least whatever happens to our crypto investment, we never get empty.

I would not agree that this is not an "incredible amount of money" and even for a good part of people living in the countries of the European Union -> https://en.wikipedia.org/wiki/List_of_European_Union_member_states_by_minimum_wage

For some, like people in Bulgaria, it is even more than the minimum wage, and with the exception of some very rich countries, it would be a difficult mission to achieve. Of course, this does not mean that the method is not good and everyone can adapt it to their needs - so let's say someone does the same thing with 100 EUR per month, he would have five times less, but he would still be very close to having 1 BTC.

What is now clearly visible is that this kind of investment is very profitable in the long term and can be much better than relying on pension funds.

Thats called DCA. one of the most famous and effective method of investing and accumulating Bitcoin in the community.
but he's doing that on a larger scale. 500 euros is a great amount of money to invest in bitcoin regularly..


that's really an impressive achievement for him. and a lesson for everyone who have little bit of doubt on Bitcoin or DCA method . it proves that, it really works.  see how big the gap is between his investment and current value.
even with smaller amount, great profit can be achieved with this strategy.

I really want to follow his journey but I'm a little lost with how he does his blogs, there's no link to direct you to the first time and no timeline besides a monthly update, would be awesome if it's easy to navigate, that 4.4 btc from the last update is such an admirable amount of bitcoin, maybe that's what you'll get if you're strict about your way DCA, definitely a symbol of utter discipline.

That's the smartest thing a person can do to retire early and build wealth. Dedicating some money from your salary to buy Bitcoin every month is a very smart idea. I was doing that since 2017 but my strategy was a little different, I was putting all of my money into Bitcoin and only withdrew money that I needed to spend on food, rent and transport. That was good, and immensely helped me to live a good life but the negative side of my attitude was that sometimes I had urgent cases to get cash, there were moments when I had to withdraw when the price was low and that negatively affected my balance sheet. Overall, if someone can invest 500 euros monthly in Bitcoin and doesn't plan to touch it, then it will really help the person to retire early.

That's the future of savings plans right there.

As someone who retired early entirely off Bitcoin a few years ago, I approve this strategy!


Fun side note, I was talking to someone at the dog park yesterday who I had never met and I mentioned I retired early and he was like "oh you must have that bitcoin money", and I was like oh wow yes actually that's exactly it I retired off of Bitcoin. I like when people I meet recognize the wealth creation power of Bitcoin without me even prompting them!

If we make use of the opportunity in making savings, we could be more better than the same people whom we started together with and they chose fiat to make their own investment in, bitcoin could be a lifetime investment plan that is more better to use than fiat, because the money invested could have the opportunity of rising, there's more advantage in making the right decision as well as when we realized investing our pension on bitcoin.

Yeah, I do something kinda like that.  Putting a little bit of money into Bitcoin every month is a plan I know about.  I don't put in $500 each month - that's way more than I can afford right now and  and I didn't start doing this 4 years ago either.  But Im hoping that since I've still got plenty of time before I retire early, my smaller investments now will still pay off down the road.  I don't need to get rich quick, just want to grow my savings at a decent clip.

for example, by depositing in a bank, maybe with a sufficient amount and getting results that are roughly enough for one month's needs, this can be a solution to keep getting funds coming in without reducing the money you have, and our BTC can continue to increase

great blog and a great method, maybe it would have been better to make a bigger investment earlier, instead of DCA, but sometimes DCA is the only way. I think he will be able to get to 5 BTC in a few years, not a bad number

Truly interesting.  I was thinking about this months ago.  Wondered why no body has done this yet before.

It is worth noting that in order to put 500 Euros on the side every MONTH means you need a pretty good salary out here in Europe.  I would assume it is more likely that average Europeans would be able to put less than a quarter of that on the side instead.

But even then.  100 Euros per month since 2017 would get you to about 50 thousand Euros today with an investment of 7.2 thousand.  Amazing none the less.

Consider Bitcoin doubles after the 2024 halving.  That is around 90 to 100 thousand Euros with an investment of less than 10 percent of that.

Been doing this for years and up until now, I am in profit. There's no other secret than ro be consistent and to follow your plans from the start. If you planned to just hold then do everything that it takes to hold even with times of huge decline on market prices. Inconsistencies are always expected when it comes on Bitcoin's price movement however, with investor's mindset, it could be not. Many investors had the same goal but eventually was forced by circumstances to sell early even with loss. It is a common mistake caused by lack of concrete plan. Well, to those who experienced such thing, re-investing is always an open choice to everyone. Just invest and avoid giving your all into it to avoid being pushed by life circumstances and financial needs.

But I uite disagree with early retirement and focusing only with Bitcoin investment through holding no matter how big that amount is. A multiple stream of income is way baetter than sticking with a single one, even if you are profitable of it. If you can still work aand be able to enjoy life, then I think it would still be better to have your work with you because it would be a huge help with one's expenses than to solely depend with investment profit which is not consistent in the first place.

That's a very inspiring blog, 4.47 Bitcoin is quite a huge amount of money that he can manage and I think this blogger belongs to a middle-class family that can afford it even though their investment is in long term.  This shows how the DCA method of buying Bitcoin is still worth investing in rather than a huge amount once at a time.

During uptrends, positive news and hype surrounding us, such as investing in Bitcoin, become more prevalent.
This positive statement just like on a blog can attract more investors who believe that Bitcoin will continue to appreciate as a potential investment.  Expecting there are more good stories around when Bitcoin touches in a new ATH.

The key word is "so far" - no one can reliably predict where will Bitcoin be in the future, and there's no guarantee that a major bear market won't come. Maybe all these recent bull runs are a bubble and there will be a huge correction - that's a real possibility too. Those "boomer investments" are yielding less profits than BTC for a good reason - they are less risky and far better understood.

If I were planning to retire off BTC gains (and I might actually do that), I would focus on exit strategy to actually take BTC profits and move them into safe and predictable assets, instead of holding all my wealth in BTC for the rest of my life.

Well, there are major bear markets after every bull market. I think everyone understands we'll get another one in 2026. Bear markets shouldn't scare anyone in the Bitcoin market, they come every four years.

In terms of what you do after you retire, that just depends how much you retired on. I retired well below what I would actually need for retirement, because I had (and still have) all my money in Bitcoin so I knew thanks to Bitcoin's growth that I could safely retire well before I actually had enough dollar-amount to retire on. But if someone keeps working until they have several million dollars in Bitcoin then SOME diversification upon retirement could be a reasonable plan, even if it would lead to slower growth.

Personally, I plan to only diversify a little bit of my Bitcoin, my plan is to diversify about 6% of the Bitcoin I retired on into stocks over the course of the 2030's and 2040's. I don't think it's wise financially to do it sooner than that because Bitcoin will continue growing much faster for a good number of years than any stock portfolio I could possibly put together. It would take both extreme skill and extreme luck to make a stock portfolio that is safer and more lucrative than just sticking with Bitcoin.

One more thing, I think Bitcoin is as predicable an asset as you can possibly get. It's four year cycles have worked like clockwork. There are certainly no stocks that whose price movements you could possibly predict as well as the 4-year cycle price movements of Bitcoin. That's one of the great things of keeping money in Bitcoin as opposed to stocks, it not only grows faster but is far more predictable.

Often when people find out I retired off Bitcoin they make some comment like "oh so you sold all your Bitcoin to retire?" and I always want to laugh, I'm like god no I wouldn't be retired if I did that! And even if I could have retired doing that it would have been a horrible financial decision! If you know what you're doing you don't get out of something that is both as successful as Bitcoin and as early in adoption as Bitcoin just to move into slower growing far less predictable assets. I do plan to diversify eventually into some stocks as I stated, and maybe some real estate as rental properties if I want to deal with that hassle, but Bitcoin will always be the core of my wealth and I expect I'll still have at least a couple bitcoin left when I die, which assuming I die in old age would let me pass on to family members bitcoin likely worth 8-digits in dollars by then.

But again, it all depends on just how much you retire on. Bitcoin's growth and predictability of its market cycles allows people (like me) to front-run retirement. I retired in 2019. I knew we'd have another bull market in 2021 thanks to Bitcoin's clockwork predictable 4 year cycles, so I saved two years worth of cash in the bank to get me from retirement to the 2021 bull market before I needed more cash. In no other investment can you 'front-run' like that with a predictable and safe plan.


For anyone who retires off Bitcoin I highly recommend:

1. Keeping most of your money in Bitcoin after retirement, don't go all diversification just because you retired (unless you're reading this in like the 2040s by which time Bitcoin's growth may not necessarily be much faster than the stock market). The less money you retired on, the longer you should keep it just in Bitcoin. But if you retired with a big excess of money it is okay to diversify into slower growing assets upon retirement if you would rather have safety through diversification than safety through Bitcoin's growth and predictability. But even then you wouldn't want to entirely move out of Bitcoin, just diversify some.

2. Don't retire during a bull market, thinking that you hit some desired amount of wealth to retire on. Because then you have to go through a year of watching your net worth drop terribly in your first year of retirement. There's some term in the FIRE movement (which I can't recall right now) to describe the risk of your investments going down in the first few years after retirement. This screws up your entire retirement financial plan because then you start retirement pulling out a higher percentage than what you had planned, and so throughout retirement you then have less money, and that negatively compounds against you over time. The day I retired Bitcoin was at $10,000-something, knowing we were heading into the next big peak in two years, and nearly 7x'ing over the next two years of that market cycle. That's a great part of the cycle to retire during, when the bear market is over and it is still very early in the market cycle so you can watch your wealth grow a lot the first two years of retirement.

Bitcoin makes savings great again. Before, saving is normally done in fiat. If you plot fiat savings on a chart like this, the only number that increases is the amount of savings. The purchasing value is always directed downwards. So whether the chart is between savings in fiat versus the price of iPhone or car or burger, fiat is always the one moving down. With Bitcoin savings, the value is always rising, making it a perfect choice for retirement.

This is a strategy worth emulating.

Well, this may work for him as he is saving 500 euros every month from his salary and converting to bitcoin. This is a good amount and for sure he can have an early retirement but most of us cannot put that much money into investment in Bitcoin on a monthly basis. The secret here is that if you have more money for bitcoin investment, you will get more profit and hence you can plan this early retirement. Otherwise, with less investment, it will still be good but the money won't be enough to feed you for many years.

It's already proven, I guess, that investing is more efficient than saving money when you want to retire early or you want to retire with a lot of money in your pocket. Although savings can also be an option, don't let your money sit in a savings account, as the money there will not grow, and other banks are the ones that benefit from that. Unlike the interest they get when they lend money to other people, the interest you receive from savings is too little. So prioritising the investment and the savings comes next.

I realise this thing when I reach a point in life where I have used up all my savings and, after consuming them, I have no more money that I can use. That's why I came to the conclusion that I should invest for long-term benefits while at the same time putting some money into my savings.

You can actually use this site ===> https://dcabtc.com/  to calculate the result of regular Bitcoin buying and what the proceeds would have been, if you have done that for a specific time in the past.

It is obvious that early Bitcoin investors gained the most, by buying cheap and hording for a few years.

The results may be the same, if people buy now and you look back 8 to 10 years from now.

Investment is supposed to be long term, there's no such early retirement because you're not looking to make a lot money in short time. It's naive to think the money won't be enough to feed yourself in the future, do you think hold fiat will make you enough in the future? no, the values decline overtime.

Remember we're discuss about money management, not how to earn a lot money. To earn, it's related to get a job that pays well.

The key thing is that anyone can start saving in Bitcoin.

If you simply put aside an amount you won't need, and get Bitcoin with it, you will probably end up in a better situation in the future.

I think the key thing here is that Bitcoin has made investing mainstream.

Now anyone can invest by buying Bitcoin, whereas in the past investment was usually seen as a more complex and expensive thing.

This has led also to plenty of apps and companies that offer micro-investments these days, but those didn't exist pre-Bitcoin (I think).

Nothing is entirely the great idea or the worst, once the person has a good reason for it and such that he can constructively argue in favour, then it is cool. I wish this guy and other people trying this good luck. It is a welcome development but also a risk they are taking.

And yes, I am trying something similar to this, but in my own cases, I am twisting it. Also, such is not my only plan, I have other plans in case this one fails as I do not trust any investment 100%. What if something unforeseen happened? One has to be careful and that is why I think that such people like this are risking so much unless they have plan B. In my case, I can never invest in a single asset, I think that people should diversify their portfolios, that is the best. Though people can make huge money by luck due to some risks they take in a certain asset, yet we can't always remove the high risk they take from it.

The best in economics and business is to have your risk lowered as much as possible, it is not only about the money you are gaining but how protective and wise you are gaining it. The risk they say makes wealth but it has killed some people's hope too if not careful about it, which is why I love it when we diversify and are more protective of our assets.

Good luck to him once again.

I think most of us do this but with DCA, the difference is this is a way higher amount than  most of us have to set aside. €500 a month is no small amount.
Him being able to set aside that amount of money means he makes more than that. So if anybody wants to follow in his steps, be sure to make sure you don't go beyond your limit.

From this we can learn that we all need a source of income. This man saved out of his income, no from borrowing or otherwise. I'm saying this because I see a lot of people who feel left out because they don't have money to invest in Bitcoin. First get a source of income, then from that income you can think of saving, investing or doing a business.

Theoretically, for sure this is a good strategy since you could possibly be rich in investing in cryptocurrency using the Dollar Cost Average, as long as you're going to hold and sell on a time high or higher market price in the future you could for sure still make a huge amount of profit whatever the case is. In my opinion, this is how you are supposed to be investing in cryptocurrency probably this is the way where you could easily minimize the risk in investing, compared to trading aggressively which you could easily lose a huge amount of money and do unsure trades every day.

For sure 4-5 Bitcoin is already enough for some people as retirement funds as long as they can still hold they could probably still sell it on a higher profit in the future, But still, there are always cases and risks involved in investing in Bitcoin since it is still not a guaranteed thing because the market price is so volatile and we don't really know if Bitcoin is still going to exist for even 5 years from now so for sure, So I would still probably invest on another kind of asset that is going to be a guarantee because that retirement money could easily disappear when something happened.

That's a great idea one need to applied as a salary earning by setting a hard target like these, but is not easy to be consistent and it only takes courage and have focus to archive the goal.

You have a point but I don't agree with you.
Yes, capital is like the soul of every business. However, huge capital without proper timing and strategy could lead to disaster.
The good thing about Bitcoin investment is that you may not have more money and still make more profit. Yes, you hear me right. The problem is that people harvest when they are supposed to sow.
If you invest when there's a market bloodbath will get more profit than the person who invests 500Euro in the bull market, as the market is bull now I am already accumulating some capital for the bloothbath market but the majority of Bitcoiners see it as time for accumulation which is already passed.

I've done it but unfortunately I can't be consistent because I have to sell it and stop buying it.
Planning to start doing a strategy like this again, but the amount will not be as big as that person did because of course it depends on each person's abilities and also the income that can be spared.
Because he comes from Europe, it means he earns quite a large income so he can consistently save quite a large amount, in my opinion, which is even very difficult for third world countries where earning that much income per month is very difficult.
However, whatever our abilities, if we do it consistently, it will have a good impact in the long term.

That was a really great plan, and he had begun it at the right time. In the present market situation, one needs to allocate at least €1000 every month. In a third-world country, €500 is a lot to allocate for a person working on daily wages. This strategy works well and allows the person to retire earlier. Unlike the market situation, investing €500 is not a simple thing. After almost 6 years, he continued and accumulated more than 4BTC.

Continuing the same he could make good number of money within few more years. This is good capital for trading, with which he can also increase his earnings.

In third-world countries, it is hard, but a small amount can be allocated, and the same gives the reward. In western nations, the expenses were high, whereas in third-world countries, this isn't that high. So, even in a small third-world country, people can follow the strategy and make their retirement successful.

Did you maybe read my post? I wrote something about it, so you could get a much better picture of how much someone can set aside per month for such investments.

https://bitcointalk.org/index.php?topic=5484863.msg63652463#msg63652463

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You must live in a very safe country or you don't care too much about your own safety when you talk about such things with strangers in the park. Maybe the stranger doesn't have bad intentions, but someone else who hears a story about a person who has a lot of money might not have such good intentions.

I have always been interested in doing something similar, investing a portion of what I earn in Bitcoin every month without touching it until Bitcoin goes pretty high so that I can use the money to start some business of my own and manage and grow that for the rest of my life. Unfortunately, I have never had a source of income stable enough to allow me to achieve that because to do something like that, you must be earning more than what you need based on your expenses.

He started pretty early, which is a better thing because he started buying when Bitcoin wasn't priced this high which had given his savings a boost, now when Bitcoin hits $100k per unit, his savings will have huge value regardless of how much money in total, in fiat, he had saved so far.

No because having all my wealth in one HW seems too risky. I prefer the bitcoin I manage in a HW to be a part of my wealth, and on the other hand I am not obsessed with retiring early. I guess if you have a shitty life and hate your job it makes more sense.


I completely agree. I currently save more than that (between fiat savings and investments) but I have to recognise that this is not the norm. I would say that less than 10% of the population can afford to save more than 200 euros per month or so in most European countries.

People only could predict that there will be a bull run after the halvening, I never saw anyone precisely call tops and bottoms, it's always wildly off.

It doesn't take much skill to extrapolate the past performance with mathematical formulas or even drawing charts by hand, but it always fails because people don't understand the fundamental reasons why those cycle happened. And without such knowledge we actually can't tell if these cycles will keep repeating or not.

I could easily build a case that after halvenings stop impacting the available supply, not only there will be no bull runs after the halvenings, but the price could majorly correct from all the overinvestment that happened during the early emission phase.

There is no asset that is completely risk free, but risks of Bitcoin are many times higher than those of safer assets like real estate or stocks of big companies.

Retirement should be taken with all seriousness at least if you are a government worker, because at that point, you can concentrate on building your own life and goals to accomplish something good for yourself at the old age time.


Bitcoin happens to be the best retirement decision for anyone since it doesn't require so much to maintain, and just by holding Bitcoin in your wallet you save yourself from a lot of pressure in the long run since inflation and taxation won't eat so much from it.

If you're planning to retire early I would still invest in other financial instruments, because BItcoin can go up and down in the short term.

The worst thing to do is to have to sell your precious coins when they are down in value.

Bitcoin is great for the long term though.

Right. Planning for retirement is a big deal and using Bitcoin as a part of that plan could be interesting. It's a different approach and if it aligns with your risk tolerance, it's worth considering. Keep in mind the ups and downs in the crypto market but some folks find it a good hedge. Just make sure to stay informed and maybe try considering other investments too since you already have the money

This is a "pot of white smoke," it is something innocent, come on! What do you find on the blog to surprise you?, ah, ok, something that I can do and have not done.

The graph is a simple mathematical operation, equivalence like showing that 2+2=4.

 Shit, seriously, we are in an age of information that even the basics are sold to us as something "woah."  I think the basic thing here is to start managing savings or investments in bitcoin, now.

Retirement is a serious issue for everyone, many people are content by simply having the companies they work for to add money to their retirement funds, while others take the time to invest even more money on those funds, but they fail to realize that if for some reason those funds failed then they will lose everything, because of this it is important to create our own retirement strategy, and bitcoin can be one of the pillars of such strategy, as I would expect that its performance will still be way better than what you can get with other assets.

Well, being able to afford to put 500 EUR into BTC every month for so many years is certainly a great privilege. It's a lovely strategy, and even without major Bitcoin growth it can amass to a very decent amount of savings. With how Bitcoin has been growing over the years, it really sounds like a very decent plan, provided that Bitcoin continues to grow in the long run.
I haven't tried anything similar because I don't have that kind of money to set aside, but I like the strategy, the determination, and the plan.

This actually a very commendable strategy and can be utilized by anyone in many parts of the world. Now, one may just choose $100 or even $50 per month and the growth will surely be tremendous and it is because Bitcoin has proven to be a growth achiever among many other assets that one can use to invest with. Consistency is a big factor and holding on to the asset as well...and this is where many of us - including me, of course, may fail. Success here is reserved to someone who is not distracted by any other digital asset shining in the market and not listening to anyone - even the famous pundits - about what can happen with Bitcoin on the negative side. Congrats to this guy for a job well done!

I've never really understood this new definition of retirement being a time when you just quit working a 9-5.

I'm more of the person who believes that retirement is all about quitting work entirely because you have enough money saved up over the last 50 or so years from working on your jobs. In fact this is the original definition of the retirement.

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Regardless, DCA is great strategy to become wealthy, if not rich. But that we already know, now don't we? :).

I haven’t thought of this long, but yes I have thought to make money from Bitcoins in future. Hence I also follow the rule to invest some of my monthly earnings, daily in the Bitcoins and that too in regular intervals. I don’t care about the price of the coin. I have seen Bitcoins rising from nothing to becoming one of the biggest asset. Hence, Bitcoins will become even bigger in the future. So everyone should try to accumulate the Bitcoins as soon as they can.

He did invest in an opportune moment, that does make it better for him. He does buy bitcoin a lot and considering 500 euro every month, I think it's cool that his 500 euro a month buys different amounts of bitcoin all the time when the price falls, and his fiat stack does increase anyway. He started at the bear market of 2018, which means he bought cheap, and then when bull run of 2021 happened he got super rich, and even though it did fall, it never went that low, so it looks like he is going to make even more soon enough.

This is the method I use, similar method, but the difference is that I had to cash out multiple times since he started for personal reasons, thankfully I have just 2k debt now, could have been 20k debt if I didn't invest into bitcoin.

I think it comes from the fact that there's a big difference between retiring when you're old and retiring early. Traditional retiring at like 65-70 years old or whatever, you're freaking old haha, at that age people probably aren't going to have the energy or desire to do new things in life. After 40+ years of working they just want to relax.


But retiring early is a whole different ballgame. You retire and you've still got potentially decades before you even get old, let alone die. That's plenty of time to DO STUFF. So early retirement is usually more about getting out of the daily grind, gaining financial independence, stop trading your time for money, and have the freedom to spend your time how you want. Since it means you get to choose what to do with your life without worrying about needing to make income to pay the bills, it means all options are open, including doing stuff to make money.

Retiring at any age means having enough money to not need to work again. But there is a huge difference in getting to that point when you're too old to really do anything productive anymore anyway, versus getting to that point in the prime of your life.

As the other person said, "it means having the option to do whatever you want". That is exactly right. Early retirement yes is about not NEEDING to work anymore, but it isn't about not WANTING to do anything productive for the decades to come.

For example, I retired four and a half years ago, in my 30s off of my Bitcoin. But after four and a half years of just chillin, and only being 40 now, and looking ahead at the decades stretching before me, I'm starting to feel the need to do stuff again besides just relaxing and traveling. At the moment I'm starting to learn new things/skills, thinking about either trying to start a company or maybe even starting a new career in a few years IF that career would be SO interesting to me as to override my lack of desire to get a job. I'll probably try to go the route of starting a company though cuz I'd rather just run a business than become an employee again.

It's about wanting to keep accomplishing things in life. After early retirement, accomplishing things in life might just be volunteering, or hobbies or maintaining a homestead or being a full time parent, or it might be starting a company, or it might be just working a fun low stress part time job for the enjoyment, or starting a cool new career, or become a writer, or starting a blog about early retirement, or developing a skill and being a freelancer or working for oneself, etc. I think few people can retire in their 30s or 40s and simply not do anything for the numerous decades after retirement. Because it is human nature to WANT to accomplish things. Hell, if even I am thinking about doing something professional again, then that's a pretty good argument for being productive/useful/accomplishing things as a basic human need, because I often didn't even work even before I retired hahaha. I never liked going to work and would often take of several months between jobs even if I had only worked the jobs for several months. I retired thinking I'd pursue hobbies but never pursue any sort of economic activity again, cuz f work lol, but here I am not even five years later thinking about all the cool stuff I could learn/build/do if I start applying myself rather than just relaxing.

Traditional 65+ retirement is about getting out of the workforce cuz you're too old and tired to keep doing stuff and just want to relax.

Early retirement in 20s/30s/40s and maybe even 50s is about gaining financial independence so instead of needing to make money you get to choose how you spend your time, which for most people is going to be doing SOMETHING productive which of course is a much wider category of things than having a job/career to pay the bills.

Yes I am doing the same strategy when it comes to bitcoin purchases. DCA is in my opinion the best form to make purchases over a longer period of time. It's one thing if you have a large amount of money today and you are looking for the cheapest possible purchase price for your bitcoin. And something completely different if you only can set a side a smaller amount every month from your salary. With DCA we don't worry about the purchase price anymore and are going to make fixed purchases every month. Having more than 4 bitcoin already is amazing and depending on the country where he wants to retire should let him buy an apartment. Finding a cheap and safe country to retire in is also my dream, because that would allow me to retire much earlier. In my country I would likely have to work until 67 or even 70 to receive my government money.