My actual 10 year BTC plan

[Tiaramane]

Been meaning to write this down somewhere other than a notes app, so here goes. I'm not trying to time anything anymore, I spent enough years watching charts and guessing tops to know I'm not good at it. So the plan going forward is boring on purpose.

Fixed amount every week regardless of price, no pausing when it dips, no doubling up when it pumps. The whole point is removing my own judgement from the equation because my judgement is usually just fear or greed wearing a disguise. Self custody from day one, cold storage, and I'm treating every buy as basically gone the moment it lands in the wallet, not something I check daily.

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Does this makes me the smartest man alive?

[_act_]

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Bitcoin price is not even $40000 right now and no sign that bitcoin is going to that price again, so by 2036 which is next 10 years, be expecting bitcoin to have increased up to or more than $400000.

Does this makes me the smartest man alive?

Definitely. Bitcoin is a store of value and it is good for long term investment.

[bitLeap]

Been meaning to write this down somewhere other than a notes app, so here goes. I'm not trying to time anything anymore, I spent enough years watching charts and guessing tops to know I'm not good at it. So the plan going forward is boring on purpose.

Fixed amount every week regardless of price, no pausing when it dips, no doubling up when it pumps. The whole point is removing my own judgement from the equation because my judgement is usually just fear or greed wearing a disguise. Self custody from day one, cold storage, and I'm treating every buy as basically gone the moment it lands in the wallet, not something I check daily.

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Does this makes me the smartest man alive?

10 years is such a good plan that it's hard to find anyone who actually consistently holds onto bitcoin for that long. Plus the growth of bitcoin continues to increase, it definitely takes a very educated mentality so as not to be tempted to sell.

You are no longer the smartest person if successful consistent bitcoin investment in 10 years, but rather a fairly rare person. The problem is what provisions are there to prepare and have to keep running the plan every week to spend money without ever missing 1 Week? and What kind of income have you been running?

[Loyang]

It is great to hear that you have realized your mistake. If every person can come out of their trading mentality and be willing to invest for the long term then maybe they will not have to go through such mental stress and fear of losing money. Every person may understand at some point but some will understand very late and some will understand very early.

Always keep a long term investment in mind and go ahead with a long term plan it will be the best decision for you. I can't say whether you are the smartest person in the world or not but you have taken a right decision and are ahead of those people who are still involved in trading and who have not invested in Bitcoin yet.

[Smack That Ace]

Does this makes me the smartest man alive?

Bruh, I don't know if you are the smartest person in the world, or not. But there is no doubt that you have shown 100 times more maturity than those who have been fooled by the fake fantasy and emotional trading of crypto for the past few years!

Are you buying on chain with very small amount every week and moving it directly to a cold wallet?
If you do that, then after 10 years, more than 500 small UTXO will be deposited in your wallet!
When you go to move that Bitcoin in future, a large part of your balance may be lost just by paying network fees.
It would be better for you to buy once a month & move it to a cold wallet in a large batch instead of buying it weekly. Or when the mempool is partially free, you can consolidate all the utxos into one address with low fee.

[tabas]

I won't gaslight you but you're doing the right thing. Timing the market is what made a lot of people doubted the cycles will change in their favor as they wait. This time, no more waiting but more action. We have figured that out earlier than you but we're not claiming as the smartest, kidding aside. Just be consistent and people will say that you're a genius after a couple of years and I guess that it won't even take you long to recognized with that and that will be basing on the results that you'll be getting. We're all joining hands together, let people wait further at the price they want to buy but consistency beats proper timing IMO.

[Odusko]

What is good about your new approach is two key things that makes Bitcoin long term journey fun and less stressful during times of volatility.

1: You choose stacking Bitcoin instead of looking at Short term price, that you don't mind if at the end of the 10 years plan you don't mind if Bitcoin price goes to $400,000 or even dip back to $40,000, which means your total amount of Bitcoin accumulation is your target and not the price.

2: Another thing is you choose to DCA, which means you being on active accumulating with the amount of money you can put out for targets above 10 years. Basically, these are key tools you need for long-term goals without pressure.

[Rockstarguy]

The whole point is removing my own judgement from the equation because my judgement is usually just fear or greed wearing a disguise.

I think you just need more understanding about Bitcoin to change your mentality because for sure the price of Bitcoin can even go lower than what you expect, and there can be increases that you don't expect. At this point, you shouldn't allow greed to decide for you, and the same goes when the price of Bitcoin dips. There's no need for fear because Bitcoin is unpredictable, and whatever happens in the markets shouldn't be a surprise because volatility is to be expected.

Focus on the long term and never have expectations of how the price movements will be. You also need to focus on the amount you can afford to hodl. Fear comes when volatility is a threat to you, and when there is an increase in price, greed will make you feel you deserve to buy more Bitcoin. Understand the market and decide how you want to invest in the right way.

[Olatundespo]

I encourage you to follow this 10-year BTC plan. I hope you can stick to your goal. If you want to follow this strategy correctly, you will have to accumulate Bitcoin regularly through the DCA method. 10 years is a long journey also not an easy and you will face many unexpected and urgent needs during this period. Accumulate Bitcoin in every week regularly through the DCA method through discretionary income and regardless of the price. Create an emergency fund for defense future emergencies. By following this simple method, you can implement the 10-year or more BTC plan.

[knowngunman]

Does this makes me the smartest man alive?

Tbh, No. This doesn't make you the smartest man alive. Several others are practicing the same thing for a long time now. Of course, you can be among the smartest people if you succeed with the plan. Buying with a fixed amount every week regardless of price is a popular plan known as DCA, you're not doing something new.

With self custody, you have total control of your coin but at the same time, you're your own security and responsible for whatever happens to your coin. Ten years is a long way to go and if you can actually be consistent for that ten years, I'm confident you'll be grateful for taking the step. Just make sure your wallet is highly secured.

[notocactus]

Fixed amount every week regardless of price, no pausing when it dips, no doubling up when it pumps.

It is your purchases with Dollar Cost Averaging DCA strategy and you simply buy bitcoin regularly that is either weekly, monthly, quarterly for example.

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

It's your long term investment plan that is good because Bitcoin is a very good long term investment asset. Some threads for understanding more about Bitcoin market, DCA strategy for entry and withdrawal.

• Bitcoin price history: ATHs, bottoms, and bull market drawdowns.
• Bitcoin Yearly Low(est) Price can help you see yearly bullish trend better!
• DCA vs Smart DCA, what do you choose?
• Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you.

Does this makes me the smartest man alive?

Nobody need to be too smart to understand DCA and use it. The challenge for their practice is maintain their DCA discipline and control their emotion, psychology and holding practice in this volatile market.

• Psychological pitfalls of market cycle.
• The roller coaster of emotional investing.
• Wall Street cheatsheet: The psychology of market cycles.

[decodx]

<...>
Does this makes me the smartest man alive?

Haha, maybe not the smartest man alive, but definitely top 1% in emotional intelligence. (when it comes to money)

Keep it up. 2036 will be much sooner then you realize.

[Josefjix]

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Yes, stack size matters most not the actual values you get according to price, it's way more better in accumulating more quantity of Bitcoin at every periodic set time no matter the price.

Does this makes me the smartest man alive?

Of course yeah, it's better you have realized how market works and the best way of tackling it for your favour. You have also realized that looking at the charts all the times doesn't suit you in the industry.

[Hatchy]

Does this makes me the smartest man alive?

Interestingly, what you described here as a plan is already DCA. It's something many investors omit in their bitcoin journey but they end up learning the hard way.the more time you waste contemplating on weather to buy or not, the less the chances of you making a long term profits. Don't get me wrong, the market is open to everyone at any time. But from what I've gotten to understand, those who took the risk and Invested a long time ago are far in profits compared to someone who Invested last year when the market turned bullish. You must take advantage of every single opportunity the market gives you and exercise on it. With DCA, you dont have to worry much about weather the market dips or bulls, just set your plans and you are good to go..

[Marvelockg]

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

It's a good one that you're putting this down and letting others see your plan. What it does for you is that you've created a sort of accountability system such that going back to this can help keep you on track while you remain consistent in your investment journey.

In addition to the plan, you've got to know that execution is what matters most and proper execution demands an high level of discipline. Ten years investment plan is not a an easy thing to achieve but at the same time, it's still not impossible to attain. With discipline, you can do even more than you've written down but in the long run, your believe in bitcoin will get tested.

[Alvin_talk]

Sometimes personal assessment matters too. Sure, it is a very good practice to develop a habit of investing on a regular interval but it is also good to invest within your means. Their should be left over funds for you to carry out other necessary activities as a human.

Don't invest today and liquidate tomorrow because of pressing needs, ensure you have made provision for your daily expenses before taking this path, else you will most likely end up liquidating the coins you intend to hold long-term. Goodluck on your investment journey!

[BABY SHOES]

Fixed amount every week regardless of price, no pausing when it dips, no doubling up when it pumps. The whole point is removing my own judgement from the equation because my judgement is usually just fear or greed wearing a disguise. Self custody from day one, cold storage, and I'm treating every buy as basically gone the moment it lands in the wallet, not something I check daily.

You buy it and forget about it... buy and forget the next.
There is nothing wrong with this strategy even others think you are crazy because you do not have a definite portfolio record about the average purchase, the important thing is that you are happy with the way you collect yourself.

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Does this makes me the smartest man alive?

Sure others will consider this a successful plan as long as you can hold out for 10 years for BTC accumulation, without giving up or getting past its challenges, now you need to plan carefully.

Yeah... You're the smartest person in the world.

[Pablo-wood]

It is good to see how you broke down a long-term plan of 10 years into actionable and achievable goals of short-term accumulation that sums up to the original plan of 10 years of investment. There will come a time when the resources might not be as abundant as it expected to pull out the proposed amount set for investing, those days comes unplanned for so for me one structured approach is do more when the money is excess so that when there is drop in resource it simply covers up for the lagging days and the long-term plan will still remain alive being practiced within that short-term period.

[Bd officer]

Ten years is long enough to catch at least two more full cycles, maybe three, and honestly I don't think in terms of price targets anymore. I think in terms of stack size and time in market. If I'm still adding sats every week in 2036 regardless of whether we're at 40k or 400k, I'll consider the plan a success even if the number never hits anything specific.

Does this makes me the smartest man alive?

There is no alternative to long-term planning when investing in Bitcoin. Of course, if you plan for the long term, you should not focus on the price. If you focus on the price, greed will force you to sell quickly, so I appreciate your plan. Since you have planned for the long term, you need to be careful about protecting your funds. Now I don't know how you planned, but remember that you should not rely on just one asset, so try to diversify your investments.

Now I don't know if you are smart or not. But when your plan is implemented and you can succeed, then you will become one of the smart people. When you are successful, you will not need to call yourself smart, because then people will automatically call you smart.

[BlackHatCoiner]

Welcome to the DCA retirement home. The adrenaline withdrawals are gonna suck for the first few months, but not checking 1-minute candles while on the toilet does wonders for your blood pressure!

It's a painfully boring plan, but it's the only one that actually works.