Entirely Hypothetical Conservative Extraction Plans....

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So after so many many years of patient accumulation during the seemingly perpetual bear, one doesn't want to get caught with one's pants down in the bull.

One needs to be ready to take SOME profits on the way up, IMO, as one simply doesn't know where the top is.

So my own entirely hypothetical which in no way resembles anything like reality, and in no way represents financial advice of any kind might be to cash out 25% of my crypto holdings as prices (hopefully move up) and to book some profits.

This would mostly be moved into stable coins, mostly our own HBDs, where one can earn an additional 15% APR on one's stable holdings, and where said monies can sit to either be cashed out to FIATLAND when needed or to buy back BTC or whatever if and when the prices dip...

Cashing out 25% would for me be a decent ratio, or around that, slightly under actually, it allows me to book SOME profits while keeping the vast majority in to cash out if we go EVEN HIGHER, or of course I can cash out some more on the way down, this wouldn't be so bad either.

Cashing out targets....

One might hypothetically aim to cash out the following amounts of BTC and Hive at the following prices...

Screenshot 2024-11-14 at 16.54.01.png

The above would give one around $50K in stables, assuming an average price of around $115K for BTC and $1.10 for Hive, and one would only have to sell <0.2 BTC and 30K Hive to reach this.

I think these are pretty conservative estimates, and then with $50K HBD in the bank, that's around $8K a year yield just from that which is a decent chunk of perpetual yield and with the option to buy back on the dips too.

Thinking about 2025 this might look like this...

Extraction Plans...png

Note that this is pretty conservative in terms of 2025 price predictions...

$50K OR £40K not life changing but.....

It's a VERY decent start to a retirement pot, and as i said above a decent $8K or £6K yield if stored as HBDs.

I say not life changing, it's life sustaining, because that's enough to cut yer working day by one a day a week. So down to 4 days from 5 days, or 3 days from 4 days, it's enough to make a huge difference to one's quality of life.

For me I am over 50, have a decent pension already, and a passive income, these kind of figures are enough to make a MASSIVE difference to my retirement plans.

With yield and draw down, that's 3 years straight up, right there, on a budget!

And one doesn't have to stick to this

Of course the joy of a hypothetical plan is that it's a prompt, it reminds one to take something out on legs up, in reality one might decide to cash out much less lower down and more higher up.

I'd be reluctant to go below...

0.5 BTC and 90K Hive. To go below either of these we'd need mental prices, like > $200K BTC or $3 Hive.

interesting how a little reflection makes me consider what I regard to be MENTAL prices, that's ENTIRELY INTUITIVE BTW!

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9 comments
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I think I will delay my converting some HBD to HIVE plan for a while.

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I think that you will sell several thousand HBD worth of bitcoins. And you won’t sell HIVE at 0.9 (unless there is a strong pump and you have liquid HIVE).

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It's easier when it's liquid, that's for sure, PDing is a psychological barrier, for sure!

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It's good to have a plan and be prepared for the last year of the bull. Fingers crossed we get some face melting pumps! I would be happy to reduce my working days!

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