[edited out]
No I actually don't have enough Bitcoin, I still buy tho, I didn't remember to add it to the post
I'll correct that
I'M STILL GONNA HOLD AND BUY MORE ANYWAYS, WHAT DIDN'T KILL ME IN 2022 GOT ME STRONGER
That'll work better
Fair enough, and from my own perspective, it seems that it is tending to take longer and longer to build a decently good sized bitcoin stash, even for guys who may have been stacking since 2022 or longer, and as I mentioned in my last post, it seems that if a guy had accomplished most of his bitcoin accumulation prior to 2021, then perhaps he might already be in a decently good place, yet if a guy has been stacking for one cycle or even slightly more than a whole cycle, it would be difficult to imagine, even if he had been able to stack 25% of his income per year into bitcoin (which tends to be difficult for guys to reach those levels of stacking), and so a guy who had been able to stack 25% of his income into bitcoin would have had still taken 4 years to invest 1 year of his income into bitcoin, and I am not even sure if that would be enough, even if the guy is able to say that he has enough and he is going to let his bitcoin stack size ride.
Guys who started investing in bitcoin in early 2016 and who had invested 15% of their income into bitcoin for 4 years would have had likely had accumulated enough bitcoin to largely replace their income and to stop working, yet if the same guy had started a year later (in early 2017), he would not have had been able to achieve similar results, even if he had increased his bitcoin investment rate to 25% per year and invested from January 2017 to present while putting 25% of his income into bitcoin...
So there likely is some value in having at least 2 full cycles under your belt, even though guys who started investing a year or so prior to 2017 would have had likely had an advantage over those guys who started investing in bitcoin in 2017 or thereafter - even though I would still argue that if a guy were able to muster up something like 50% of his income per year for the 4 years between the beginning of 2017 and the end of 2020 (which would equal 2 years of his income invested into bitcoin in those 4 years, then he largely would have had been in quite a comfortable position to be able to quit his job (at least by now after waiting one more cycle or so).. So, I suppose my point is that it tends to take time, and yeah, past results do not guarantee future results because the returns seem to be ongoingly diminishing (at least up until now).
That's the reality we'll have to accept, sadly we can't go back in time to accumulate more or start the investment as the case may be,
But alot will actually change if the price starts appreciating, so I really think we have to be more aggressive in accumulating so as to get a significant result after 2 cycle. If Bitcoin has a massive appreciation in the next 2 cycles today stackers will eventually be in a good position.
One thing is for market to form a cycle the other is to make the price difference significant to be able to realise a good amount, 2 cycles may not just be enough if the price difference from the previous high and the recent high isn't significant enough, if that is the case 3 - 4 cycles may be required to be in a good position, if you take a look at the last two cycles you will see the difference,
The recent high price difference just increased by 84% while the previous performed excellently by increasing 261%, if you should have 2 cycles similar to the first in the picture, that is enough to be in a good position even if the price makes a future dip, but if you have cycle similar to that of the second that you will require more cycles to be in a good position.
But what we can do now is to hope for a significant cycle difference, and we will not have to wait long to be in a good position.
All I said here is not in respect of entry quality, I'm talking about overall accumulation
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