Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9916. (Read 26631066 times)

I would guess that the average age skews a bit higher, like 35-40.

My preferred exit plan is something like what I infer Bob did. I'd begin selling 5% of my crypto/corn per week, beginning at a predetermined price point, until I've sold half. I plan to let the other half ride, mostly, and use it for large expenditures - new cars, vacations, etc.

With the half that is now fiat, I'd buy a new house somewhere warmer. The rest I'd put it in a traditional investment plan - like 80% stocks/20% bonds, for instance. I'd withdraw 4% annually (the standard withdrawal rate), probably on a monthly basis. This would be my "income".

Well just sold a little of my lovely btc for some filthy fiat, because, alas, my mortgage lender does not accept btc...
just filthy fiat...

So, BTC is back up. Fitting nicely into the fib channel (whatever that means), still on the parabolic curve (whatever that means), retracement is not complete (whatever that means), news hawk continue to shank bitcoin so their employer can maintain the ad whore levels, and I don't care. Bitcoin is going to go where it wants to go. Namely up. Maybe a few dips and divots from time-to-time, but the future is decidedly up.

Now, a serious question with a few caveats: Caveats first. I'm gonna go out on a limb and assume that the population of regulars on the WO are spread, somewhat, along these lines: ages 20s 60%, 30s 15%, 40s 15%, and the remainder 50s plus. The percentages don't really matter all that much, they just help me visualize the group as a whole.

Now, again, I believe that most here are what I would call 'bag holders'. Those who have accumulated a stash and have no plans to divest any substantial amount. You do realize that you are the bankers of the future, don't you?

So my question to you all: Have you considered your exit plans?

I fit comfortably in the smallest percentile by age, so this is something for me to seriously consider. Right at this moment I believe that I will begin to withdraw fiat in small amounts when the price stays at 20k or above. Considering my current health, I believe that I have some ten, or so, years to withdraw most of my coins. I have already done some estate planning so that my administrator will, hopefully, know what to do when I pass.

Side note: I've tried retirement twice. It didn't stick either time. Too much time to do nothing much. Youth is wasted on the young.

So, what are your exit plans?

/OG

Yeah, but can they get their money from the bank in the US on a holiday?

The cockroaches that plague our homes are even more indestructible than we thought, according to a recent study by researchers at the University of Purdue in Indiana. The bug scientists used a variety of strategies and different insecticides to root out real-life infestations of the German cockroach (Blattella germanica), but found that the roaches were able to survive nearly all of their efforts.

Usually holiday time during a bull run is when you tell your fam how good you are doing with Bitcoin and they bring up their reservations, you shut down their fears with knowledge and pro level shilling skills, and they fomo in as exchanges open while you fly back home.

American holidays are normally not good for price right? At least not on the actual holiday

In before the fourth of July fireworks start happening early with this pump up to past $12000.

Just be careful and dont blow your dick(s) off with watching the greenies on the charts before tomorrows rockets red glare.

resistance zones (from weekly chart) on the way above



BUT THIS IS BTCITCOIN

resistance zones (from weekly chart) on the way above



BUT THIS IS BTCITCOIN

^ https://twitter.com/stephendpalley/status/1146519811716997125
yuh csw sent in some more faked documents

Future jobs will need more and more skills (or less and less, but you don't want your children to do those jobs), so helping your children get a good education is the way to go. Preferably without doing like many rich people do, sending them away in expensive private schools to not have to deal with them.

Far too easy to say, your children have your heart, of course you want to give them everything you can and that includes wealth and an easy lifestyle, you want them to have to struggle less than you did.