MaVeric

Sminston's Bitcoin Retirement Guide (Part Deux): Retirement Year Again helping to answer the question of "How much Bitcoin should I get?" A thread 🧵👇 . . . Instructions to use this version: 1) Find the chart in the replies (below) that corresponds to your expected annual living cost (in 2025 dollars) (e.g. $50k/year, $150k/year, etc.). 2) Find the year you expect to retire on the x-axis. 3) Find the colored, curved line (legend for reference) that corresponds to your *Current Age* (if it doesn't have your exact age, find the two closest to your current age and imagine a curved line drawn between them). 3) Trace up the vertical line from your retirement year to a colored line (if the colors don't help, just count the lines - there are only 8 of them). 4) Find where the vertical line of your retirement year meets your Current Age line - then trace this to the y-axis value they meet at. This y-axis value is your "Bitcoin Needed (BTC)" to retire that year. Whether you obtain that Bitcoin today, or in the future, by that date you need that amount of Bitcoin. . . . Assumptions are the same as the last Bitcoin Retirement Guide post: 1) Future BTC price is projected by 50th percentile regression power law model. 2) Everyone dies at age 100. 3) Money supply (USD) grows at constant rate of 7%CAGR - meaning, whichever colored line you choose accounts for this 7% inflation from today to your retirement year, and beyond (ex: if you choose $100,000/year, in 2035 that would be about $196,715 - the model accounts for this). 4) The Bitcoin Needed Today amounts represent the minimum amount to prevent your BTC stack from hitting zero by age 100 - this is meant to be a minimum target, and therefore the individual should determine how much additional buffer BTC they should target. 5) Assumes a 'constant withdrawal rate in real 2025 USD terms', meaning the only increase year-year is to offset assumed 7% inflation. 6) Assumes no taxes will exist on withdrawals. Disclaimers: *this is NOT financial advice **this is NOT a suggestion that you should sell your Bitcoin . . . $50,000/ year:

@cryptomanran #BOB

Drop ONE token below that you think will be the best performer between now and 31/12/2024. The winner gets $1000!

@rektcapital @threadreaderapp unroll

12. And the final question to answer in this thread... "When could #BTC rally to new All Time Highs?" $BTC failed to rally to new ATHs in Candle 4 of 2016 but succeeded in Candle 4 of 2020 Bitcoin could rally to new All Time Highs as soon as 2024 after the Halving (like in 2020) and as late as in early 2025 (like in 2017) #Crypto #Bitcoin

The #BTC Bottoming Out Candle 3 year is coming to an end, according to Four Year Cycle principles But a new Confirmed Trend Reversal Candle 4 is set to form next So what should we pay attention to in 2024? A thread... $BTC #Crypto #Bitcoin

Hard skills get you hired. But soft skills get you promoted. 11 soft skills to accelerate your career:

@heykahn @readwise save thread

@AlvaroHart @Maximanimal @FTMAlerts Does it have a higher chance of being filled than at 1.50? What if I set it at 1.51 ?

@Maximanimal @FTMAlerts Sure. This is Forex concept but I apply it here as well. Big Figures or Mid Figures are just psychological numbers. Big = ending in perfect 0 = 1.000, 10.000, etc. Mid = ending in .500 = 1.500, 10.500, etc. Exm: To get a limit at 1.500, set it a -0.2 = 1.480 for spread/slippage.

Which one of you needs a lesson on limit orders? $FTM

Early career years are painful. You feel like an idiot 98% of the time - lost, confused and insecure. I wish I had a cheat sheet of principles for my first job. So I put one together. Here are 20 things about building a career I wish I knew sooner:

Just 2 weeks left until my @Tesla #Cybertruck giveaway! I promised in Summer 2020 that I’ll give one away if #Bitcoin price exceeds $40k this year! (Now adding 2nd and 3rd prizes.) To enter contest, just (1) Follow me and (2) Retweet this. See full rules: cybertruck.bobbylee.com

The Feynman Technique—how to learn anything: