I will own more BTC at the end of this year than I do now. Will you?
I am not still in my BTC accumulation stage, so I probably won't own more BTC at the end of the year.
Then STFU paper hands.
You are a BTC seller who is going to be selling the bottom of the cycle while criticizing those who sold the top. Your Bitcoin plan is to be a leech who sells BTC every year for the rest of your life while never supporting the market ever again. Keep it real.
Yes. It is too bad for you that you don't seem willing or able to understand what is overaccumulation status in the bitcoin world, perhaps based on your own failures to reach such status and/or your failure to understand anything other than ongoing degenerate gambling, which is not the same as investing.. but maybe you don't understand investing or want to understand the idea of investing. Potentially, to the extent any of us can take you seriously in terms of your intentions not to mislead newbies, you think that bitcoin is something that normies are supposed to trade rather than invest into.
In
my earlier post, I had already given an example in which you could have had focused ur lil selfie a wee bit MOAR better in order to attempt to recover from your 2017 fuckups of selling too much BTC too soon, and within that example, you could have had accumulated 42.3 BTC between 2018 and 2020 and your average cost per coin would have had been $7,100 with $300k invested. Surely not a bad place to have had gotten, even if you had ended up screwing up..
Accordingly if you were to have
42.3 BTC right now, and if you could have had stayed sufficiently disciplined to not be fucking around with trying to trade bitcoin between 2021 and present (which is of course a BIG ASK with your seemingly lack of discipline and perhaps an attention span of a gnat), you could be in a position, right now to be able to withdraw $243k per year (slightly more than $20k per month) and to increase the dollar amount of your withdrawals by 7% per year forever and ever and ever.
So do you think that there is a problem with an annual income of $243k with 7% increases in the dollar amount every year?
Do you think that there would be any problem whether a guy in such "overaccumulation status" situation would be selling coin now at around $89k or at $126k or even at $57k if the prices were to go down to $57k? or at some other prices? Why should anyone in such an overaccumulation status give too many shits about if they are selling their bitcoin high, low or in the middle if they have enough or more than enough bitcoin in order to draw that $243k income? And, sure if the guy might be concerned that he would be selling too much BTC and that they withdrawal rate might not be sustainable, maybe he could reduce his withdrawal amounts to $200k per year for the first year in order to make sure that he is comfortable with the withdrawal amount being sustainable?. Are those weak (paper?) hands to be selling the authorized withdrawal amounts at any price? I have my doubts that those would be weak "paper" hands, but you can spin the matter as you like, which is a bit difficult that you are having so many difficulties understanding the concept of overaccumulation status in the bitcoin world and you somehow think that it is better to fuck around trading bitcoin rather than first getting to overaccumulation status before selling?
Sure, maybe you want more of a return within the hypothetical that I gave, or you could have had invested more into bitcoin than the amount that I mentioned? I don't really know your particulars, yet I was using $300k based on some of your previous mentioning of numbers, and even if we might assume that you would have had been able to have an income of $100k per year in 2018-ish, then $300k would have been investing 3x your annual income within a 3 year timeline.
Sure, you can change the numbers of the example to adapt to your actual circumstances, yet if you were a guy who had accumulated that 42.3 BTC based on the circumstances that I had described with an average cost per BTC of around $7,100, then I really have trouble figuring out why you would be getting worked up about whether or not you would be selling any of your coins at the top, bottom or middle?
Including your supposed concerns about me and my overaccumulation status and what I am doing and how I am managing my coins. Historically, I had frequently proclaimed that my average cost per BTC was less than $1k - due to my own fuck ups when I could have had average costs per BTC of less than $500, yet I made my own fuck ups at various points along the way, too... even though I largely considered myself as having had reached overaccumulation status in 2015 that was enough for price-based sustainable withdrawal since the BTC prices were $250 and as the BTC prices ongoingly continued to go up after 2015 and sure with some corrections at various points along the way, and more or less I did not start time-based sustainable withdrawal until around 2022 - even though those 2022 withdrawals had their own self-imposed limitations based on the then price, so they did not really go into practice until a few months into 2023... .,and as many of us recognize and appreciate, BTC prices did not really go more than 25% above the 200-WMA until something like November 2023, so any time-based sustainable withdrawals that I made prior to November 2023 were reduced until the BTC price was at least 25% higher than the 200-WMA, which ended up happening around November 2023.
Poll
