Thought experiment.
Option # 1
Let’s say you have 10 bitcoin and we hit 2 million in the next few years.
You’re tempted so you sell it for 20 million dollars.
After taxes you’re be left ...
They both look wrong.
You are assuming Bitcoin will go on growing in cycles pretty much as in the past 10 or so years. So will I.
In 2025 you sell 20% of your asset, so 2BTC.
You buy them ALL back 12 months later, using roughly 35% of the fiat you got one year earlier.
Then you got roughly 3 more years to spend the 65% of fiat you got. Spend them all, as they will be worthless soon.
Then it's mid 2029. Repeat.
You will leave 10 BTC to whoever you want in the end.
You are assuming Bitcoin will go on growing in cycles pretty much as in the past 10 or so years. So will I.
In 2025 you sell 20% of your asset, so 2BTC.
You buy them ALL back 12 months later, using roughly 35% of the fiat you got one year earlier.
Then you got roughly 3 more years to spend the 65% of fiat you got. Spend them all, as they will be worthless soon.
Then it's mid 2029. Repeat.
You will leave 10 BTC to whoever you want in the end.
2
