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Topic: [ANN] JJG Sustainable Bitcoin Withdrawal Strategy - page 6. (Read 1849 times)

member
Activity: 135
Merit: 89

I got those fixed. I made a small change in the code a few hours ago that broke that. Thanks.


Nice! It is working!
BTW, if it is possible to add a field to type the Annual withdrawal rate, it will help. Fine tuning the bar is not easy - at least for me! Haha

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Please share with me! I am looking for suggestions to improve this, and even create more tools to train my skills


I'm sure that's not the goal, but I was thinking about the possibility of using the data and the graph to also indicate potential moments of purchase.
So in the future, if you think it makes sense, you could include some parameters (to be defined by each user), which, when reached, would send an alert indicating the moment.
ex: If the 200WMA drops to x%, send me an alert indicating purchase.

Keep with the work!

hero member
Activity: 1120
Merit: 571
Both Graphs working fine at my end. Graph takes 5 or 6 second initially to load itself but are loading. So nothing to worry about that.

I have already given you a small suggestion here, https://bitcointalksearch.org/topic/m.63400036

May be we can dark the colour of 200-Week MA line on main graph and bold it, so it looks more prominent.

It will also be good idea if there is zoom in and zoom out functionality in Graphs. Like Graphs are showing data from 2013 to 2023. If you can provide functionality that can allow us to see data for say last 5 years or 1 year only.

Just my few satoshis. Overall its a fantastic job and 10/10 for that work.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
I would suggest implementing some more complete “views” of the future scenario: how will my stash be depleted if Bitcoin grows in the future according to a few data points?

Thank you.

I will think about implementations of this. This might be a dull chart, like this
but I think this is necessary.

(this only consider withdrawal 4% anual)


Page and chart loads a bit slower on my side, but it looks interesting, maybe like reversed dollar cost averaging.
Word withdrawal sounds to me like Bitcoin is held on some centralized website or exchange, because I would never use this term if I ever sold BTC from my non-custodial wallet.

I know this is a bit slow.. I will try to make it faster, just the first release. I think I will reduce datapoints and add option to see only the past years (this will increase performance)

This is "withdrawal" from your portfolio, selling BTC to convert to some other assets, or just to spend it (in case you are already retired and not in the accumulation phase anymore)

Chart bug, it's not always loading and I have blank space in that field.
Even if I refresh page with f5 it still doesn't load.

I think coingecko has a limitation of API requests. If chart is blank, just wait a few seconds to reload it again.


The way the site enables visualization and interaction with the strategy is so much more user-friendly than any Excel sheet.

I'll admit, I was new to this strategy, but your site made it easy to grasp the concept. Really impressive work!

Thank you!
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While exploring, I did come across a couple of bugs:

- The interest rate seems fixed at 6% and doesn't change when the bar is moved.
- The BTC stash size remains the same even after I click "save inputs" before refreshing the page. It resets to 1 BTC.

I got those fixed. I made a small change in the code a few hours ago that broke that. Thanks.

Quote
Also, I have some ideas for future features if you're interested.
Please share with me! I am looking for suggestions to improve this, and even create more tools to train my skills
member
Activity: 135
Merit: 89

In the last month I have been working together with @JayJuanGee (JJG), to implement a website version of this Sustainable Bitcoin Withdrawal Strategy, which serves as a guide to maintenance and liquidation of a Bitcoin portfolio, based on the 200 week moving average.


Wow, this is amazing, bitmover!

The way the site enables visualization and interaction with the strategy is so much more user-friendly than any Excel sheet.

I'll admit, I was new to this strategy, but your site made it easy to grasp the concept. Really impressive work!


To the left you will input your data. How much BTC you want to use in this strategy and how much is your annual withdrawal rate. (recommended 4 to 6%, conservative)


While exploring, I did come across a couple of bugs:

- The interest rate seems fixed at 6% and doesn't change when the bar is moved.
- The BTC stash size remains the same even after I click "save inputs" before refreshing the page. It resets to 1 BTC.

Hope this feedback helps.
I'm looking forward to diving deeper into the site and seeing it evolve.

Keep up the great work!

Also, I have some ideas for future features if you're interested.


legendary
Activity: 2212
Merit: 7064
In the last month I have been working together with @JayJuanGee (JJG), to implement a website version of this Sustainable Bitcoin Withdrawal Strategy, which serves as a guide to maintenance and liquidation of a Bitcoin portfolio, based on the 200 week moving average.
Page and chart loads a bit slower on my side, but it looks interesting, maybe like reversed dollar cost averaging.
Word withdrawal sounds to me like Bitcoin is held on some centralized website or exchange, because I would never use this term if I ever sold BTC from my non-custodial wallet.

Please help me find bugs and share your ideas.
Chart bug, it's not always loading and I have blank space in that field.
Even if I refresh page with f5 it still doesn't load.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Very lovely and very neatly presented.
I will play more extensively with this in the coming weeks.
I would suggest implementing some more complete “views” of the future scenario: how will my stash be depleted if Bitcoin grows in the future according to a few data points?
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
In the last month I have been working together with @JayJuanGee (JJG), to implement a website version of this Sustainable Bitcoin Withdrawal Strategy, which serves as a guide to maintenance and liquidation of a Bitcoin portfolio, based on the 200 week moving average.

There are several threads about it, and I believe there is a good consolidation of his idea here

His strategy existed basically in excel sheets, but now there is a website version with many interactive functions:



https://bitcoindata.science/withdrawal-strategy



There are basically 2 sides:
To the left you will input your data. How much BTC you want to use in this strategy and how much is your annual withdrawal rate. (recommended 4 to 6%, conservative)

To the right, you will see how much btc you are authorized to withdrawal per month based on the 200WMA. However, you may be allowed to withdrawal advanced months if the difference between spot price and 200WMA is too high.

Also, you can take a look in the past data (choose date button) and see how much you would had been authorized in the past using this tool/strategy.



There is certainly a lot of room for improvement, and I would like to hear from WO members and @fillippone which was very active in the recent discussions with JJG.

Please help me find bugs and share your ideas.
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