I’m not sure that’s the better financial decision. Let’s say you have $200k in cash and consider building a equity portfolio with dividends to generate income.

You have a choice. You can put the full $200k into bitcoin or you could split it say $100k for bitcoin and $100k for equities.

Bitcoin has averaged more than 50% per year if you consider the full four year cycle.

That suggests your $100k bitcoin investment would be $150k (or more) in an average year.

Your dividend portfolio in comparison would be worth say 110k. And let’s also say that you received $10k in income (which is incredibly generous as I’ve owned a lot of equities and found it difficult to break a 10% dividend rate while also getting a 10% capital gain).

So, a $50k gain for bitcoin and a $20k gain for equities. It’s better to have the bitcoin. And that decision compounds, so over 10 years the bitcoiner is far, far wealthier than the equity investor.

Any bitcoin you buy with your income is being purchased at the end of the period meaning you lost out on the gains of the period.

Also consider that your dividends are likely taxed at income rates while your bitcoin sales could be long term capital gains. Which means you pay higher taxes if you live in the US.

Also consider that your equities are controlled by and can be seized by your government. Your cold storage bitcoin is controlled by you.

It seems a much better decision to invest all of your capital into bitcoin and trade some of your time for income if you still need income. Eventually you’ll have enough bitcoin so you won’t need to do that.

Good luck!