I am having my feelings. that someone with ONLY 23 coins (and nothing else) would have some pretty good odds of being able to sustainably withdraw the value of right around $6,666 per month into perpetuity
The point is that "only 23 btc" is quite a lot of money today! 1.5 million dollars!!!Anyway, that is amazing that just a few years ago it wasnt too much money,...
I agree.. but I am also valuing 23 bitcoin (or actually 22.5 BTC) at the 200-WMA, which I contend to allow a 10% withdrawal rate that can go perpetually as long as the sustainable withdrawal rules are followed, which means that the withdrawal rate ends up going to lower than 10% if the BTC spot price is lower than 25% above the 200-WMA in accordance with the sustainable withdrawal strategies used in the tool.. .. and so part of my point is about back testing the ability to withdraw in accordance with the valuation of the 200-WMA. .and seemingly 10% withdrawal rates are achievable.. which means that a valuation of $800k at the 200-WMA.. allows for $80k per year being withdrawn.. .and still some cushion and still some practicality can be employed if there are concerns about the cushion (or the sustainability of the withdrawal strategy). .. so yeah, it is quit amazing how the number of BTC required gets lower and lower, and surely I am not suggesting using spot prices to determine withdrawal amounts, even though spot price would allow you to withdraw more and maybe even withdraw some of the months in advance, especially if we might start to get spot prices that are starting to get into the area of 400% higher than the 200-WMA and so far in this particular cycle, we have barely been getting in the 100% to 200% range and right now ONLY with BTC spot prices around 85% higher than the 200-WMA.
I know that to many folks what I am saying kind of sounds like gobbledeegook, since there might be better ways to say it.. in terms of bitcoin allowing way greater withdrawal rates (of something like 10%) as compared with traditional investments that might sometimes struggle with staying sustainable with 4% withdrawal rates..
