<oembed><type>rich</type><version>1.0</version><title>HODL wrote</title><author_name>HODL (npub1rt…djtfs)</author_name><author_url>https://yabu.me/npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Thought experiment. &#xA;&#xA;Option # 1 &#xA;&#xA;Let’s say you have 10 bitcoin and we hit 2 million in the next few years. &#xA;&#xA;You’re tempted so you sell it for 20 million dollars. &#xA;&#xA;After taxes you’re be left with 16MM.&#xA;&#xA;Which you use to comfortably generate 1.2MM a year in the tradfi markets.&#xA;&#xA;So you take the money and retire. &#xA;&#xA;Bitcoin crashes 60% back to 800k. &#xA;&#xA;For a few years you feel like a genius. You enjoy your new rich person lifestyle. &#xA;&#xA;You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have. &#xA;&#xA;Then bitcoin rises over the next decade to be worth 50 million per coin.&#xA;&#xA;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. &#xA;&#xA;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.&#xA;&#xA;Your kids will inherit roughly 1.62 bitcoin from you upon your death. &#xA;&#xA;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.&#xA;&#xA;Vs. &#xA;&#xA;Option # 2 &#xA;&#xA;You have the same 10 bitcoin but you Hodl them. &#xA;&#xA;Your stress levels are persistently higher. &#xA;&#xA;You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.&#xA;&#xA;Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.&#xA;&#xA;This is roughly 1-3 million sats a month. Depending on bitcoin price. &#xA;&#xA;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. &#xA;&#xA;Your net worth is 380 million. &#xA;&#xA;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. &#xA;&#xA;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. &#xA;&#xA;Which option do you choose? &#xA;&#xA;1 or 2?</html></oembed>