I've heard this a lot from those rich folks. They might have some assets, stocks and they're rich on paper.
But most of them say that cash flow is king because if it's not, they'll have to sell those assets and they might be left with nothing.
When the time comes, I'd sell some from my btc stack and will diversify it into those stocks that are paying dividends if possible, quarterly.
I am very much comfortable with your thoughts.
Yeah the cash flows regulates or determines your investment rate and consistency, there are also those that regularly DCA and stacking and holding without panic because they have sufficient (too much) income flows.
Possibly even a 50% of their incomes can still afford their expensive lifestyles and the luxuries or at least an average, comfortable life.
Who are those? They are the rich.
We have come to know about some whalers, they don't seem to run out of cash at all else, they begin sell their Bitcoin and where they don't stacked enough that is to serve for a lifetime and fails to diversify, it is really going to be a fall to bottom somewhere there.
They're all rich in assets but, it's not only one or two assets, they're also diversified and they know that cash flow will set them for life.
While we hold some BTC for good in the long run, there's a need to get into those assets that we understand that can also provide cash flow over the period of time.
It's one way or the other that we shall make it larger as we invest more, and when we're older we're going to lie low with higher risk investments.
