Ah, yes I understand now and I agree conceptually. Probably would argue you don’t need 2 years to get on a bitcoin standard, but I agree with your point. Living on a bitcoin standard doesn’t work today for someone with no savings since their expenses aren’t denominated in BTC.
Discussion
Yes, 2 years is probably overkill. Timing in the cycle (do those still exist?) when starting probably matters too…
My hot take is that after your first cycle (if they still exist), they are irrelevant for you personally.
No doubt. And anyone who has been in for more than a cycle should have many months (I’d argue years) of spending in BTC saved up, otherwise I’m not sure what they’ve been doing.
100% . . . I’m a class of 2021 and because I kept stacking in the bear I’ve gone from months to years.
Same. The bear market was the best. Sold all of my commercial real estate holdings in 22 and 23 and aped it in.
Wow that’s awesome. Most of my stacking was rotation out of equities and income stacking. Still holding on to one residential rental because I don’t have much equity in it but would rotate to BTC in a heartbeat if I could cleanly.