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Author Topic: Tomorrow you wake up, You got 50000$ in your hand. What will you do?  (Read 704 times)
JayJuanGee
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April 06, 2024, 07:10:34 PM
 #41

[edited out]
True,  those who have already had strong investment and a  working system that feel they have invested enough won't hesitate to spend the money on consumption, sighting the examples you gave that's example of people who have already accomplished major part of the task.
And we won't expect that other guys who haven't built to that stage would also want to spend as them and the neglect the need for investment.
Before someone would have return of 3x,4x and so on already  plan, had discipline to execute those set target of which he is enjoying the dividend, if the reverse was the case he won't have achieved that or if he prioritize consumption, we can't really determine his capital but surely it was a gradual process over years with dedication. In essence let us not prioritize unnecessary spendings over our investment whether the money was gotten free, you can still invest bit, in building  your portfolio.

I am not presuming that a guy has to have any level of profits, such as 3x or 4x or more before he might come to an assessment that he has accumulated enough BTC and/or he mights start to put systems into place in which he can start to withdraw BTC rather than accumulating it.

Of course, being in profits helps with the assessment of having options, but there still would not necessarily need to be any specific level of profits prior to coming to some kind of an assessment that there is enough BTC and some various withdrawal strategies could start to be employed whether those might be something like sustainable withdrawal or like BTC raking strategies as I get into such discussions in my sustainable withdrawal thread.  Either of those strategies require some kind of a meaningful assessment in regards to having had accumulated enough BTC and perhaps even better to come to an assessment of over-accumulation prior to employing either or both of those strategies to your own BTC holdings.
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