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Btcfeen
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BTC, MACRO, COOKING, FITNESS. I am generally interested in a lot of things and very open minded. I talk about things I find interesting.

Man winters are the worst. I need to be spending Jan and Feb somewhere warm from here on out

New pr on trap bar deadlift today. 415x6. Must have been the 6 Christmas tequilas last night

Trying to cherish these moments when my kids are young but my parents are still alive. A special time. Growing up Christmas was always magical.

Had a few drinks. Ask me anything. Merry Christmas

Christmas brekkie

Shoutout to all the moms for buying and wrapping all the Christmas gifts 😂

Merry Christmas 🎄🎁

Kids gonna have a hay day

Just go as fast as you can

After being able to workout on non busy times at the gym for 6 plus years I empathize with that that have to go after work. So busy today

Replying to Avatar HODL

Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

Option 3. Split it

There is no therapy like the gym and sauna for me. Instantly melts away any anxiety.

A little surprised how bad sentiment is for being at 100k. It’s prob bc the choppy pa. People are confused why the massive buying isn’t pushing price higher and it’s making them feel uneasy. 1 mil coins have been sold since 80k.

He’s a smart guy but I feel like he overthinks things. Same with Charles Edward’s