last year I sold under 0.05 btc
I added over 0.6 btc it was a good year for stacking
This year I added over 0.15 btc
Hoping for more than 2 btc by Dec 2026
over 1.6 btc now
my ladder sales start at 127k
and go to 222k
and I only have 0.2 btc listed
For sure, I have been torn about executing sales prior to reaching overaccumulation status, even though on the face of it, your intended structure does not seem bad... even though if you were to not accumulate anymore bitcoin and if the BTC price were to shoot up to $222k, you would end up selling 12.5% of your stash within the span of about a 3x increase from our current about $71k BTC price. It is not unreasonable, even though presumptively the sales would be within various intervals.. and of course, you are saying that they would be starting around $127k.
It seems that if you were able to accumulate more BTC (presuming that you are still accumulating bitcoin up to a certain prices - perhaps up until $110k or something like that? - I am not sure if your accumulation of BTC is intended to be ongoing)... but anyhow, if you were able to accumulate up to 2 bitcoin, then you would end up selling 10% of your stash with such 3x-ish rise in the price... Again, a little messy, but not seeming to be unreasonable on its face.
By the way, personally, I would prefer to consider these as hypothetical numbers, even though you seem to like to throw out a lot of specifics that might not be necessary... even though specifics can also be helpful for guys to attempt to learn from, even though many times it would be better for guys to stick with hypotheticals.. .. one the hypotheticals that many of us like to bring up is the guy with 20 bitcoin (which I used to refer to as the whimpy investor, even though relatively speaking, he is not seeming too whimpy in recent times if he were to have such a stash), and the other hypothetical guy is the one who seeks at least an $80k per year withdrawal rate.
It likely seems to many of us that the guy with 1-2 BTC is going to surely become one that is harder and harder to reach, and even the guy with more than 0.63 bitcoin is becoming difficult to reach, too.. even though they can still serve a good examples, to consider bitcoin accumulation targets and/or various ways to consider attempting to manage the bitcoin stash.
It's almost as though the car is giving birth.
This dude almost had a stroke doing that.
Note to myself...maybe a bit too late for a lambo, albeit he has quite a few years on me, most likely.
Surely guys age differently, yet I would consider that maybe the guy is in his mid-ish 70s. Perhaps?
Thats why I sell my BTC last year to buy a new car. I am still young enough to drive that.
Yes.
Hahahahaha
Keep telling yourself that buying the car was a good idea.
Trust my JJG. Whats the point of investing in Bitcoin, if we can't use it to make our life better.
Between I have already explained you many times the scenario in which I bought car and you agreed that it was fine. Should I narrate that scenario every time I talk about my new car purchase?
You don't need to repeat. More or less, I remember... and I know I can be a bit of a pain in the ass from time to time... not completely on purpose, since I have talking points that differ from yours in terms of how to balance bitcoin accumulation - and at the same time, how we balance ends up having some personal preference components.. .that may well relate to differing perceptions of investment versus consumption versus utility.. and so the formulas are not completely objective.. I will give you that.. but I won't agree to stop responding to it, if you mention it.
Don't listen to him. He complains anytime anyone else sells any BTC to improve their lives while at the same time he sells BTC every single year just to live and will sell another 4% of his stack in this down market while expecting to be praised for having such a genius retirement plan. He doesn't do anything to support the market, even going as far as to criticize people who continue to stack sats... A total hypocrite.
Of course, you have everything figured out in your own ways of "not listening to me".. hahahaha...
I will agree that some guys have better ideas in relation to bitcoin (or might it be bitcoin investment management?) than other guys, so we still have to figure out our own balances in regards our bitcoin versus our cash versus other places that we might choose to put our value, whether we might consider ourselves to be still accumulating bitcoin and surely some guys want to shave off some "profits" along the way in their bitcoin investment journey, to the extent that they might or might not end up selling too much of their corn too soon, is not always easy to determine in the moment....
Your own arguments seem a bit strange and a bit of a straw-man, even though at some point I did mention some accounts that I have that are authorized to pretty much sell 4% of bitcoin (annualized) no matter the BTC price, in alignment with my time-based sustainable withdraw ideas, including abilities to use the sustainable withdrawal tool as a reference. I would be able to carry out that level (or even up to 10% based on the 200-WMA valuations) for the remainder of my bitcoin holdings if I were to choose to do so.. and so I suppose in that respect, I have not even been acting within my own abilities to consume, if I were to want to ramp up my consumption levels.
So thinking about the guy who
currently would like to withdraw $80k per year with a likely ability to increase his dollar withdrawal amount by 7% each year, the tool currently shows that it would be best for such a guy to have at least a BTC stash that is 15.1 BTC, and surely if he were to have more than 15.1 BTC, then he has extra cushion for the pushing within the size of the BTC stash. It surely seems like a sustainable way for a guy to live off of his BTC in circumstances that he is able to accumulate the minimum quantity of BTC (or more) for his targeted income level.
[edited out]
JJGs just mad cuz hes gonna lose that bet
Sucks... right?
Poll
