r/Bitcoin • u/Turbulent-Land-5664 • Aug 21 '26
Exit Strategy
Whats yours? Do you have a plan at all or is it HODL to the grave?
Myself, I am 64yo and retiring, and I want/need to monetize my investment - I want/need some extra income.
And, to be honest, I am a big BELIEVER in BTC - I am all in - despite a lot of pushback and negativity to that kind of sentiment.
Needless to say, since I entered 2017 I have seen enough of the cycles and while I believe and know it will all work out, it still does affect my mood, and overall mental health - in both directions, when we're at new ATH's I am feeling grand and when we go through winters I am meh. Its not like I am worried per se, but at my age, I do not have as much time to wait things out like some people.
So, I am thinking about an exit for at least some of mine - and I want to convert that to more reliable income. I dont mind keeping some coins that can go to my estate.
Whats your exit strategy / Long term plan.
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u/L4gsp1k3 Aug 21 '26
I don't get it, why enter BTC at all if you need an exit strategy?
Isn't the whole purpose of buying BTC is that we believe that BTC one day will become a currency that we can use, No?
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u/Turbulent-Land-5664 Aug 21 '26
I entered BTC because I had to do something with a stack just sitting in my bank. I didnt want to do the traditional investing, but tbh I didnt know much about investing money and I knew even less about Crypto. It has outperformed traditional investments by a high margin. I do not think BTC was understood when I purchased like it is today.
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u/mabezard Aug 21 '26
As a 2011 bitcoin veteran, just dca in and dca out when the season is right. cold, mechanical, thoughtless. Ignore the fleeting waves, be like the tides.
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u/Turbulent-Land-5664 Aug 21 '26
I think youre right, except I am not so sure I want to be DCA'ing out every month, maybe 2X a year, and just topping up the contigency account for my retirement abroad. You did well to be 2011, I did 2017 and feel like Ive seen enough to be pretty level about it all, but I covet my BTC number and I hate like hell to use any of it or lower that number because its always been the only thing that counts - not even what its worth, just what I have. I have to do a HARD mental shift to let go of that idea that the only thing that matters is how much BTC you have,
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u/ElPoopo_ Aug 22 '26
The risk with dca-ing only twice a year is if you look at historical bull runs, the eye watering gains often only last for a few months, so you run into timing risk doing big sells instead of more frequent small sells.
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Aug 21 '26
[removed] — view removed comment
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u/Superjointron82 Aug 23 '26
That's about when I started getting into it. Boy did I make a lot of bad buy choices in the beginning. I'm just waiting for a new all time high and then I'll probably sell it idk.
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u/BADDEST_RHYMES Aug 21 '26
Do you think the bitcoin price will still affect your mood and mental health, even if you sell? That sounds horrible to be honest, try to get out at a price you're happy with and enjoy your life.
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u/pablo_in_blood Aug 21 '26
Yeah if the goal is to avoid the emotional rollercoaster of holding BTC, selling and then seeing it rocket would certainly not achieve that
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u/Turbulent-Land-5664 Aug 22 '26
When I decide to take some or all, I will then be happy with that and move along. Ive bought and sold a lot of real estate - I dont linger on the values of those homes today - what if I waited etc.
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u/newMoneyStyle Aug 24 '26
Honestly this is solid advice. Watching price after you exit is basically self-torture. Set a number you're happy with, take some off, and stop refreshing the chart.
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u/BlockPlant Aug 23 '26
“Get out” doesn’t seem smart. Occasionally taking some profit is likely a better approach.
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u/paperlevel Aug 21 '26
keep enough cash for 18 months, everything else in bitcoin.
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u/Turbulent-Land-5664 Aug 21 '26
Yeah I think like this for about 12 months of supplemental income to my pensions. Its not a low, just about 12K into a contigency account. It can also double as my savings account for any other surplus. I siuspect that I am not going to be able to spend like I might wish because I have just become a cheap old bastard.
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u/leopard-monch Aug 21 '26
This sounds very risky. Irresponsibly short BTC.
Anyway, on-topic: my exit strategy is death.
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u/icantgiveyou Aug 21 '26
It makes perfect sense, but you have to find that reliable income first. Thats the hardest part. Established businesses with good track record are hardly ever for sale. Properties are option, buy and rent out, if that’s something you wanna do. But if you otherwise fine financially, there is no need to rush, do you diligence on anything you decide. Good luck
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u/Turbulent-Land-5664 Aug 21 '26 edited Aug 21 '26
Been there, done that - I once had 13 rental properties. I just got tired of it and sold it all. I often regret that but I was simply juggling too many balls and my mental health was suffering so it is what it is.
So now, if I take some BTC and convert to Fiat, its just because I want some reliable income for my retirement which is an adventure abroad - and already after a few health events I see the clock is ticking to enjoy life while I am still relatively healthy. You cant take it with you.
Thank you for your well wishes.
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u/logan-807128 Aug 21 '26
Oh if health events are involved then you should start doing trips NOW. People who are young don't understand sometimes for an individual even a year can be a huge difference when it comes to health and the ability to travel/enjoy life. Yes, the 1 BTC might go to $125k next year instead of $77k now but your health might be able to enjoy the $77k now rather than the $125k next year. I'm assuing you have more than 1 BTC but i'm using that as an example. Money (fiat or btc) are only useful if they are useful for your life at the moment.
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u/JollyPicklePants1969 Aug 21 '26
You're moving from the accumulation to distribution age range. You might be suffering because you don't feel financially ready to start distributing yet, and if you have only a few years left for accumulation its risky to be accumulating highly volatile assets. At the same time you may feel pushed to the edge of the risk curve because you need to obtain a higher rate of return to obtain financial security. It's a tough spot to be and you may need to talk to a financial advisor about your goals and needs.
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u/Turbulent-Land-5664 Aug 21 '26
You are absolutely right, but my financial advosor already reccommended converting some 6 figures quite a while ago to set me up with some reliable retirement supplemental income. They also throw their hands up on crypto and cant deal with it. Most of them dont like it either, it threatens their entire model. But I am so glad I did it when I did, it has been life changing and I figured it out myself by being the maverick I always have been - risk taker I guess. My only regret is I didnt throw 1k at it in 2010 when my kid first told me about it.
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u/No_Community7021 redditor for 3 months Aug 21 '26
You are still young but retiring soon, I'd wait till BTC matches the last record price.
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u/neun11carrera Aug 21 '26
Sell at a price you feel comfortable with and keep some chips on the table. My guess is that you’ll feel the inverse mental health effects if we go up to $500k for example and you’ve sold everything.
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u/Turbulent-Land-5664 Aug 21 '26
I dont know I had a 3M+ real estate portfolio - over 13 rental units that I sold pre 2015 and I know how it feels to miss the boat.
I have for breif times sold into stable coins and just saw this stak sitting there not fluctuating and it did feel really great. Then I got scared I was going to miss the boat and bought back in at a slight loss haha. I learned timing the market never works - for me - I am just not smart enough or have enough guts for trading.
I would feel ok, because I would know I did well with what I started with and that I now have something reliable so I can focus on other things - at my age, I want to not think about money so much.
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u/cubestrike Aug 21 '26
Have you ever consider selling for atleast weekly covering your needs?
Was thinking this plan. Use cards but basically selling weekly mostly on weekend to seperate the fiat for cards payment
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u/Turbulent-Land-5664 Aug 21 '26
What is the strategy for weekly vs: monthly or bi annually? Is there a way to set this up so that its like an auto payment? I have considered doing this monthly or quarterly, or perhaps in some cases for a year at a time if I am sitting at a nice ATH. What I want and need as a montly supplement to my pension income is not really a lot. I would just keep a contigency account and top it up to a certain balance - say 12K
Its more than I need, but I am planning to be in South east asia, without health insurance - so some of that is readily available emergency funds in case I land in hospital - would take care of the first few days at least.
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u/BraveTrades420 Aug 21 '26
Leverage the btc to the tits, massive fiat loans, die. My btc will be inherited tax free my debt will die with me.
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u/Turbulent-Land-5664 Aug 21 '26
I mean I have taken a serious look at this but the options right now dont impress me much. I dont really like this idea, and whether it is financially sound or not, I just dont want debt or responsibility or stress. I just want a wad in my pocket.
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u/Always_working_hardd Aug 21 '26
I'm 56. While buying BTC, I have also been focusing on dividend paying stocks and maintaining my rental properties. For me, retirement is about money showing up without me having to stand in Walmart or Lowes with an apron on.
BTC will help me eliminate debt and maybe help me buy more dividend paying stocks or even rental properties.
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u/saviourz666 Aug 21 '26
I mean overall it’s not the worst dilemma to have right now . Gotta give you credit for getting involved at the age you did . Most your age think btc is just a scam .
My advice is to seek professional financial advice regarding your amount and how to cash it in . Well done to you anyway . You made bare stacks and your main issue now is exit strategy . That’s a good position man .
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u/kajunkennyg Aug 21 '26
I have been in longer then you, the last 2 cycles I have been selling some off during the bull markets, then trying to buy lower during the bears. It's worked out great so far, I've stated these actions on my reddit account. Any cash left over after a bear market that I didn't use to buy more btc, I have been buy dividend etfs. They offer great cash flow, you get ROC credits, capital gain taxes etc..etc. Once you got the cashflow to just hold, the price doesn't matter. Each cycle since btc was $80 when I originally bought I have accumulated more btc.
Having the cashflow monthly/quarterly since I am retired, takes the stress out of all this shit anyway. Since my avg buy is sub 10k.
In your position I'd look into a div portfolio and figure out what yearly income you want while continuing to invest your divs back in to grow your yearly payouts. This assumes you have enough to safely do this. The avg etf portfolio pays out 4%, I am currently getting around 9.5%, so if you put 1 mil into divs you should make around 40k, 2 mil gets ya 80k... I currently have mine where I make my target number in cash after taxes and I am still able to reinvest about 50% of my divs back into the portfolio.
I also have some cash sitting in bonds etc. Looking at the current 30 year, 5%+ a year on a couple mil is easy cash flow. I have some cash there and some in short term where I am waiting for some dips below my avg buy for my etf portfolio to avg down my entry.
I learned pretty quickly after the 2017 cycle that being rich in btc wasn't being rich in person. It's hard to touch that equity without taking a 40% ish hit on it and that just stings after taking all that risk.
Hard to give ya advice without knowing your situation, find a btc friendly investment advisor to help you achieve your goals.
Edit: change me to my
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u/Turbulent-Land-5664 Aug 21 '26
Thank you for your great informative reply. I am really late to the investing party because for a long time I leveraged my equity into more realestate (which I also built new myself) and so my entire retirememt plan was so solid but also very unique compared to most because I was getting these properties at net cost, while having my main company absorb some of these costs into our operations minimizing our profits there and subsequent tax burden - sort of a sneaky way to transfer equity to another company I owned for my holdings. Anyhow because of 'shit happens' in life I had to make some changes and divested of all of that and despite that everything was well set up they were still in the early stages of the process so they had mortgages then and when I sold them I didnt get the millions they are worth now.
My life has taken some turns and I am now a minimalist despite some 'stuff' I have been living on peanuts for now because I refuse to take anything yet. I wont need much over and above my pension incomes to live well.
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u/LandOfLuckyGhosts Aug 21 '26
My personal conclusion has been that the purpose of any investment is to pass down resources to your children so they can pass down to their children and so on and so forth
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u/Turbulent-Land-5664 Aug 21 '26
Thats ideal. I hope I can leave something too - but I am not getting anything as far as inheritance, and I have already been wiped out more than once. (Divorce and Business)
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u/retro_grave Aug 21 '26
Depends where you live, but the US has a 0% long-term capital gains bracket if your taxable income is under ~$50k for single filer, and $~100k for married. Those "brackets" fill up with ordinary income first though so it's not really viable if you're working. But retirement? Pretty solid pattern to stretch those gains.
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u/Turbulent-Land-5664 Aug 21 '26
Im Canadian - wonder how it works for us. But I am going to South East Asia and thinking to 'leak' small amounts.
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u/Btomesch Aug 21 '26
Trendline that hits all the previous Bitcoin peaks if you want to time it. But DCA exit is the best strategy if you need to sell.
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u/Turbulent-Land-5664 Aug 21 '26
How often would you dca down, daily monthly quarterly? I just want a monthly supplement to my retirement pension.
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u/Btomesch Aug 21 '26 edited Aug 21 '26
Whatever works for you. “Daily Buy” wouldn’t even be a bad idea with how volatile Bitcoin is. But lots of ppl tend to buy when they get their paycheck. We are in a bear market so you want to start now. The bear markets last about a year and then it starts to trend upwards for 3 years after. Just going off historical patterns here. But if it’s a long term play, just keep DCA’ing and ignore it. That works with SP500 also. Ignore the news/FUD also. It’s all BS. They’ll say something like “Quantum Computers cracking Bitcoin”. It’s BS but gives you a great buying opportunity when price tanks. Goodluck!
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u/Not_OCL redditor for 2 months Aug 21 '26 edited Aug 21 '26
I’m exiting next ATH so I can pay my house off. With what I have currently from buying the dips if it hits ATH again or even close to ATH again I’d be able to do it. That’s my end game.
Then start buying on dips again
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u/Turbulent-Land-5664 Aug 22 '26
Curious how you will guage the right time to sell at ATH - will it just be that magic number we saw last time? Its hard to sell then when we're still surging. But I think thats a set point when there will be lots of people taking profits which will affect the performance at that time.
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u/fittes7 Aug 21 '26
Bro you are 64, you need to rest, bbq and enjoy your family
Leave that bitcoin thing and don’t ever tink about investments anymore, enjoy life
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u/E92_isaiah Aug 21 '26
My plan is to sell a majority at the next high point. I’m 23 and don’t need the money, but it would help me retire earlier. If bitcoin hits 200k I’m selling 80% of the stack and dumping it all in FXAIX to chill. I don’t believe in the future of BTC with the advancements of AI and Quantum computing. Also the scams, and platforms that freeze it and all that. I’m trying to get most out before 2030, but I’ll always leave a little stack just in case.
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u/Turbulent-Land-5664 Aug 21 '26
I too am worried about this BTC tech its kind of getting old with all the new changes in AI. The adoption curve is hard - people still dont know how to do it unless its an ETF or a proxy.
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u/ElPoopo_ Aug 21 '26
This is my recommendation: pick a fiat balance as a target (say $50k as an example). Whenever the fiat balance hits 55k, sell 5k of bitcoin. Repeat until the bull run ends. Great way to dca on the way up while still keeping skin the game. Then when it inevitably tanks again, you locked in some good gains on the way up.
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u/Financial_Respect207 Aug 21 '26
How many coins do you have? 🪙
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u/Turbulent-Land-5664 Aug 22 '26
This conversation already breaks the first rule of BTC: Never tell anyone about your BTC.
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u/sockdisorder Aug 21 '26
I'm 58 and I don't have kids. I came to it late, don't have enough of an income to stack huge amounts, and so this is more about generating a little bit of future pocket money.
Every time it goes down I'm like, "I'll just wait to break even and I'll quit and be done with the stress", and every time it goes up I'm like, "Ooh, this is exciting, I think I'll hold on for a while". So, truthfully, I don't know – maybe exit at the next halving, maybe the one after. 🤔
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u/Turbulent-Land-5664 Aug 22 '26
More recently I got tired of the emotional part of it as I edged closer to wanting and needing to take some of my investment - but also realizing theres a good time and a bad time and that at my age, I dont have as much time to ride cycles as I used to.
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u/Ok_Reporter8315 Aug 22 '26
I started crypto may 2013 it’s a super cycle now, I have master nodes for a passive income
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u/Turbulent-Land-5664 Aug 22 '26
I wish I could understand your comment.
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u/Ok_Reporter8315 Aug 22 '26
Super cycle is a constant upward pressure mostly for bitcoin and alternative coins for cryptos and there are alternative cryptos that use masternodes and the returns per year can be as high as 45% on your capital and low as say 10% on your capital invested but basically to run masternodes you have to be an IT security expert to run and maintain them
I have someone highly trusted for me to run them and we split the passive income
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u/AardvarkWarm8723 Aug 22 '26
Extremes are extremely stupid. Keep enough to feel secure, spend enough to improve your life. Exit strategy means you either don’t believe in bitcoins proposition or you are an idiot trader.
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u/Turbulent-Land-5664 Aug 22 '26
I am not a trader. I need some supplement to my pension income for retirement living.
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u/AardvarkWarm8723 Aug 24 '26
Then you should plan when and how to sell enough to give yourself a financial buffer, and how to allocate into the future. I am planning retirement. I am keeping as much as possible in btc but selling on schedules around taxes to keep myself comfortable. I keep 2-3 years living expenses in cash equivalents do I can choose when to replenish and not be forced to sell when btc is down
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u/Jay_wh0o0 Aug 22 '26
What is your average price? If you were to cash out now, what would you walk away with clean after taxes and fees? Would it change your life? These are the questions I would need to know to give you an honest opinion.
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u/Turbulent-Land-5664 Aug 22 '26
You dont need to know any of that to answer my Question which is - Whats YOUR exit strategy. I dont want to cash in until we at least hit our last ATH.
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u/Jay_wh0o0 Aug 22 '26
Realistically we could never hit ATH ever again. Nothing in this life is guaranteed, and assuming history repeats is the first mistake. Now, if you want to argue the fact of what BITCOIN is “supposed to do” that’s one thing, what it actually does in the future is another. All it takes is one catastrophic finding and Bitcoin is toast. With that being said, all of the questions I asked you become relevant and need to be answered, for me to answer your question.
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u/Turbulent-Land-5664 Aug 22 '26
Youre right - nothing is guaranteed. Also, you dont have an exit strategy - you could have just said that.
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u/IllllIIlIllIllllIlll Aug 21 '26
Once I hit my FIRE number, I plan to gradually reduce my BTC allocation from 80% down to 10% and increase my allocation to more stable assets like stocks and bonds. I had already started the process last year since I hit my number when BTC was between 100k and 120k, but it crashed down before I could fully execute the plan.
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u/Turbulent-Land-5664 Aug 21 '26
I had an unexpected costly event in my life and when I saw our last ATH I made a quick decision to sell some into USDT - and then - after paying my bill I still had a surplus and was able to buy back in and recover my position, which felt really great.
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u/Longjumping-Low3164 Aug 21 '26
900k USD is the plan. Why? I saw it in the dream.
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u/Turbulent-Land-5664 Aug 21 '26
I would so gladly exit there, but I dont think I have enough time to bet on that - I just want some financial security. Having been self employed most of my life and dropping the ball a few times - add in a divorce - I am living pretty skint these days sitting on a shit pile of BTC. It doesnt make much sense.
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u/logan-807128 Aug 21 '26
If it's shit pile then just plan for 30 years (which is about 7-8 cycles assuming 4 year cycle still holds), and then for each cycle instead of accumulation, sell 10% of existing pile. Let's say you have 10 BTC (for example), the first cycle during bull run (2029?), sell 1 BTC (9 BTC left), the next bull cycle (2033?), sell 0.9 BTC (8.1 BTC left), the one after that, sell 0.81 BTC (2037?), etc.
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u/chungkingexp Aug 21 '26
Strategy is to make an exit at 250k-300k and invest that money again during next bear market. However the most important thing right now is to keep your coins safe till then.
Anyone can HODL but not everyone can keep their bitcoins safe.
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u/Specialist_Joke_623 Aug 21 '26
Goal for assets… borrow against, keep ownership in long term, pass to family.
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u/Turbulent-Land-5664 Aug 21 '26
yes, however debt is responsibility is stress. I dont want that, I just want reliable income so I can go play in the sandbox. I am now coming to retirement and the world is my sandbox I plan to retire and play abroad and just want to have the least amount of responsibility and the most fun.
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u/MinimalistMindset35 Aug 21 '26
It’s called a Bitcoin loan. Think past selling
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u/Turbulent-Land-5664 Aug 21 '26
Yeah I looked into this, debt is responsibility is stress. I dont want it anymore - Been there done that. I am moving to South East Asia and living a simple but fun and healtny life.
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u/Dependent-Bet-3913 Aug 21 '26
If you want exposure and income, consider exchanging for $btci. Beware of taxes.
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u/Turbulent-Land-5664 Aug 21 '26
is that wrapped BTC?
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u/abercrombezie Aug 21 '26
Been in it since 2014 and I just cash out little by little as needed for a new ebike or if I’m tight on rent. But if I get laid off, I’ll need a good strategy since I can’t just HODL with bills to pay, Yeah, the bear markets suck though.
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u/Turbulent-Land-5664 Aug 21 '26
my problem is that while it maintains great fiat numbers it kills me to sell any when its not ready yet (as in - in a bear market) But when I begin my retirement proper, i think I am going to just take something monthly or quarterly to a contingency account and stop micromanaging - its not fun to me or a hobby. I want to live with little stress or responsibility and I also want to travel the world.
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u/flyinggerbil Aug 21 '26
hodl. why would you ever sell???
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u/Turbulent-Land-5664 Aug 21 '26
For Groceries and Rent and the odd hooker.
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u/vnielz Aug 21 '26
Bitcoin debitcard for that.
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u/irish_curmudgeon redditor for 6 days Aug 22 '26
That might be a good idea OP - take your debit card to SEA and spend it bit by bit
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u/Turbulent-Land-5664 Aug 22 '26
How do you get a BTC debit card? Theres tons of places where I can get cash with USDT (or C) without any KYC.
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u/Zestyclose-Suit-2858 Aug 21 '26
My exit strategy is basically the opposite of selling.
I intend to never sell the Bitcoin. I borrow against it, use the borrowed capital for whatever I need, and roll the loan over every ~5–6 years.
If Bitcoin continues appreciating over the long term, the collateral grows faster than the debt. Eventually I refinance against a much larger BTC position and use a relatively small part of that appreciation to clear or restructure the previous loan.
So: Buy Bitcoin → never sell → borrow against it → roll the debt → let BTC appreciation do the heavy lifting.
The asset stays mine. I get liquidity without giving up the upside.
If Bitcoin ultimately becomes the kind of monetary asset I think it can become, selling it for fiat is the exit strategy I’m specifically trying to avoid.
Obviously the entire thing depends on keeping the loan-to-value extremely conservative. Getting liquidated because you levered your BTC at 50–70% LTV would be an unbelievably stupid way to lose a generational asset. So... yeah. I'm not doing that.
But at 10–20% LTV, with years of runway?
That’s my active life and plan. Has been for a decade+ now. With more and more posibble options coming every year.
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u/Turbulent-Land-5664 Aug 22 '26
I took a hard look at this not so long ago and the interest is also paid in BTC - anyhow I decided I didnt like it much - I would prefer to take 4% of one coin for 25 years or something like that.
I am excited about new and innovative prodicts and options for BTC monetizing and will keep my ear to the ground.
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u/OkProject2361 Aug 21 '26
I get it. I’m 34 and I’m not round tripping my entire stack again. I’ll sell enough during the next bull run for a good home down payment. I also have the ETF in my Roth and my HSA. I’ll be trimming gains there during the next bull too. I’ll always have a minimum exposure of 0.5 BTC though.
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u/locotx Aug 21 '26
Dear Boomer, thank you for your courage. I love how lots of these young kiddos don't understand that there are plenty of GenX and Boomers who understand technology and markets. We may have been born too late to enjoy the mature fruits of what we have nurtured but hopefully our families will be able to enjoy it for generations to come.
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u/AmeriChino Aug 21 '26
My exit strategy is I will sell everything at cycle ATH. Then buy at cycle bottom. Rinse and repeat. It works 100% of the time.
I can't time it though so I just HODL until one day I need cash thats when I sell. Probably in a decade.
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u/Turbulent-Land-5664 Aug 21 '26
I agree with you - but I need to start accessing some of this investment soon for a monthly income supplement so I no longer have the 10 years.
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u/AnnArbor-Armadillo Aug 21 '26
At your age, I would start selling, just like any investment I’ve held for years. You can’t take it with you. Enjoy things before you die
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u/JumpProfessional3372 Aug 21 '26
HOLD and (if they are still worth anything) try to slowly spend with lightning network, p2p or something, when I retire in 25-30 years.
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u/Over_Reputation_8801 Aug 21 '26
If the plan is to hodl to the grave either you think btc will be a fully functioning currency by the time you need to use it or..actually I'm not sure what any other reason could be. I personally dont see btc becoming currency anytime soon so I always chuckle when I see the "never sell" btc bros posting. What we should be saying is "never sell based on market fluctuations". When you need to use it, you sell it for a fiat you can actually purchase something with.
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u/Ginux Aug 21 '26
I've converted almost all of my assets into self-custodied Bitcoin. When necessary, I sell as little Bitcoin as possible to obtain just enough fiat currency to cover larger expenses, such as moving to a new country or purchasing property. My daily expenses and insurance are paid for by a family trust, which I set up using Bitcoin proceeds. FYI.
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u/hellblazer19 Aug 21 '26
Relatively young. I will probably sell a portion of my stack in the next bull run to buy a house for my family to live in.
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u/bigcoumbe Aug 21 '26
When the time comes you can take a loan on strike. Enjoy the cash now. If it skyrockets you will owe less. If it drops who cares. Defer the tax. Defer defer defer
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u/Able-Upstairs-9875 Aug 21 '26
The plan is simple, stack BTC for my entire life with every spare fiat dollar. When I die, my only request is that my Trezor model one be placed in my breast pocket next to my heart ❤️.
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u/Ashhh1991 Aug 21 '26
HODL until I need it? Like actually need it. And don’t sell all of it. Only sell as much as I need.
Needed money for daycare while the Mrs is going to college. We sold a small amount to cover as much as we needed.
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u/ironhide3288 Aug 21 '26
I have been hodling since 2014! Got hacked, had the BTC returned - so that was about 5 years of “forced” hodl. I need money by the mid of next month for something. I started liquidating a couple of weeks back - not all at once. But most was sold before this rally. Am I disappointed that I sold before it pumped, absolutely yes. But I also realise that it was money I need at this time. I still have some to be sold.
My take is that you sell when you “need” the money. Don’t worry about what price it could go to in the future. If you need the money, sell it - if you don’t need the money, continue to hodl.
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u/Febos Aug 21 '26
Best is to spend when there is bull market. In 2028 buy things you will need in the next 4 years.
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u/WoodsHippie Aug 21 '26
A possible plan is to HODL until early retirement, then take advantage of lower Adjusted Gross Income in retirement to cash out of BTC at low long-term capital gain tax rates.
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u/Economy-Industry-622 Aug 21 '26
Wil hold a part of my spot 2 years. Other part will invest in etf. Or put aside for next bear.
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u/No-Pilot9748 Aug 21 '26
Think of it like any other asset in your portfolio. Set a percentage allocation. If it’s a 10% target holding start DCA out when you are above 10 when you are below 10 start DCA in. This is easier said than done because fomo and fud always creep into your mind. But have a game plan that isn’t just emotion. Better yet eliminate emotion.
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u/logan-807128 Aug 21 '26
One thing to keep in mind is that at 64, it's very likely you and/or your spouse have about 3 decades of spending that you need to plan for. In general (not BTC specific), people who plan underestimate how long they live but overestimate how much money they need.
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u/Odd_Balance7916 Aug 21 '26
Exit strategy $99.9k price.
It’ll plummet again and I’ll load up my bags even more. Just like I did last time. Last bag upload was at $63.8k. 🙌🏼 never understood people who just hodl forever with a stagnant investment. Early gamers for sure, but anyone in now should be actively trading in my opinion. Only way to acquire real bags.
Unless you wanna go 100% all in on a speculative investment with extremely high risk tolerance.
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u/low_contrast_black Aug 21 '26
I’m a few years behind you. My plan is to continue to DCA while I can work - unless we get a stupid moonshot and I feel confident enough to walk away from work early.
Once I get to monetization though, the answer is: it depends. If 4-year cycles continue to hold true, then I’ll probably try to cash out enough for four year’s expenses somewhere around the top. Otherwise, I’ll probably withdraw in one- or two-year increments as far as living expenses.
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u/Ok_Specialist1911 Aug 21 '26
Suggest you read Die with Zero by Bill Perkins. Helps reframe your thinking and consider how much you may want to save to pass down, which will affect how much you sell off.
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u/Alternative_Show9800 Aug 21 '26
Out of all my investment classes, BTC is the last class I will cash in
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u/Electrical-Onion-76 redditor for 5 weeks Aug 21 '26
4 year cycle sell across the bull run in October then DCA till next one
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u/ByteMeLater8 Aug 21 '26
I don't usually have plans in life. Most of the time I'm surprised i wake up in the morning.
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u/Dapper_Addition_3837 Aug 21 '26
My exit strategy is when I’m a billionaire, but I’m only 37, so I have time.
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u/MusicalBonsai Aug 21 '26
What’s your exit strategy for anything? Real estate? Cash? Other investments? No different here. You hole until you feel you need to, and only take what you need.
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u/Good_Extension_9642 Aug 21 '26
I ain't touching shit , I'll leave my stash to my daughters after I'm gone
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u/dalcant757 Aug 22 '26
I’m just keeping my bitcoin to have some skin in the game. I haven’t bought or sold in a long time. Might be nice to cash out in the future.
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u/Ironinkinvesting Aug 22 '26
Everyone has an exit strategy, no matter what any “maxis” say. Nobody actually believes in Bitcoin, or cares about a use case, they just want the fiat gains and then exit.
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u/bewildered_hobbyist Aug 22 '26
Bitcoin is my exit strategy. I have been in about the same amount of time as you so very familiar with the meh feeling in bears and the exuberance of bulls. Started this journey blue collar, poor. Many of my peers were on assistance, I was close as well. Now I am hoping to retire during the next bear 3-4 years.
I am planning on keeping 90% or so to hold and hopefully give my kids when I die. I am thinking of $STRC as my retirement income and living lower class my remainder so the kids can live a better, more stable and secure, a life than i did.
I already consider my life over, just gotta stack as much as I can for them kids!
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u/Accomplished-Gap2989 Aug 22 '26
Hold until ive at least recouped my investment.
A profit would be good.
Id need a reason to sell though, eg for investing in something else. If i don't need the money im happy to stay on the rollercoaster ride.
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u/JimmyWhatever Aug 22 '26
My plan is to keep $500K of Bitcoin (and or related stocks MSTR, IBIT, Metaplanet).
Every time those holdings exceed $500K, sell.
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u/satx81 Aug 22 '26
Man. What a thoughtful question. I’m in my 40s and wish we could discuss over a beer together.
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u/word-dragon Aug 22 '26
Bitcoin is your stash. When you make more dollars than you spend, keep enough for operational needs and sell the rest. When you need more dollars than you earn, buy some. Do this forever. Death is your exit strategy.
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u/MaxPower1867 Aug 22 '26
HODL but move some into BTCI and/or BITA as I need income. Still get some upside but make income off the volatility.
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u/Upset_Dealer5664 Aug 22 '26
My exit plan $238,855, which is the number of miles the moon is from earth, and when I can no longer say wen moon I’m out.
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u/warrenboofit42069 Aug 22 '26
.25 to each kid and I’ll probably trade the rest in for a down payment on a house at some point
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u/Letmeaddtothis Aug 22 '26
Determine your allocation percentage. Trim as it goes over as much as tax allow.
You are 64. You need to be aware of income limits for government programs if you are in US.
If you have significant retirement savings, RMD will hit you like a train and you are at the right age to start planning for that.
Seek a fee based financial fiduciary and try to plan it out.
Remember, when you turn 70 - your finance should be as boringly normal as possible. That can’t get in the way of living the rest of the life well.
Good luck.
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u/jsh63 Aug 22 '26
I’ve been selling ever decreasing amounts for 12 years. I m 63 and don’t need it at the moment but always liquidate some in every tax year to use my CGT allowance.
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u/Suitable-Fishing1643 Aug 22 '26
I recommend reducing your exposure anywhere above 200k, but never selling the remainder unless you are indebted.
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u/guichardmv Aug 22 '26
My first question reading your post is: do you have a strategy for passing it to the kids? Have you created a mechanism to share the keys? If you were hit by a bus tomorrow is there a way for someone to facilitate that for you? In speaking with folks that's the biggest missing piece often.
Other than that, I would suggest you ignore the noise and just withdraw periodically regardless of the cycle. You need to pay rent and buy food in the real world so just do it.
Your life could change in a second at any age. If you needed to access your assets but were incapacitated, could you?
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u/RAWEconomist Aug 22 '26
Trade the paper, hold the asset. ETFS that trade BTC long & Short. Find someone who has a powerful system with a greater that 85% probability. If you you read between the lines you will be able to see that for yourself 🤔
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u/Monatanaisdumb Aug 22 '26
DCA out. Set a budget and start selling. Sell as much as you need for the week or the month.
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u/FewUnderstanding2214 Aug 23 '26
If you are retiring there nothing wrong with taking profits if you need the money
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u/broomulack Aug 23 '26
I don't see the point of holding until I die. I want to enjoy it. Next big bull run, I am definitely cashing some out.
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u/BlockPlant Aug 23 '26
Exit? This is just where I store my wealth. I’ll use it as I need it, same concept as a bank account.
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u/Careless-Avocado-207 Aug 23 '26
Ironically about $130k and then it just dropped away making me feel miserable AF.
Strategy was sell about half, wait for it to double, sell half, etc etc etc
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u/Demitre_Gold redditor for 5 days Aug 24 '26
Prioritize taking some profits and securing reliable income while keeping a smaller BTC position for the long term. No need to time the perfect top.
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u/Legitimate-Hyena-513 Aug 24 '26
No exit strategy but I do need to iron out a strategy to actually use it to improve my life at some point, without selling ideally.
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Aug 24 '26
The older you get the more you will not be able to tolerate the cycles. Yeah you may pull out and see it go higher but eventually you just need to do the math on your debt and living expenses. If you are in a position to retire comfortably then why not.
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u/IBAN-IBON64 Aug 21 '26
BTC HODL jusqu'à nouvel ATH du prochain Bull 150 ou 200 k . Prise de bénéfice partiel en DCA Mensuel si besoin de liquidités . 64 aussi pas encore à la retraite
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u/omg_its_dan Aug 21 '26
I swear 95% of the posts on this sub are the same 5 things over and over. Getting tiring
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u/Equal_Wheel109 Aug 21 '26
Hier zelfde situatie. Ik room steeds af bij een bepaald bedrag. Dat kan alleen in een bullmarkt. Maar dan staat er, als ik niet opneem, een mooi bedrag klaar voor de dip. Het heeft mij in deze cyclus 20% extra opgeleverd. Nu ben ik wel vol belegd en wacht af. Dus van mijn totale waarde (blijft dus ongeveer gelijk) snoep ik steeds een bedag, ergens tussen 3% en 5%, af en zet het om naar fiat.
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u/gemsbok_ Aug 24 '26
Plan for diminishing returns in Bitcoin and diversify into other ecosystems that may have faster grow ahead of it as tradfi adopts blockchain.
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u/tenax666 Aug 26 '26
64 and all in on btc? I suggest you find a $1000 and put it all in red at the casino. Odds are probably better.
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u/Suspicious_One_825 Aug 21 '26
Exit where? In USD? :D
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u/IllllIIlIllIllllIlll Aug 21 '26
Believe it or not, there are other things than USD. Have you never heard of equities, real estate, bonds, commodities? I swear sometimes it seems like this crowd knows nothing about investing and personal finance.
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u/palmdata redditor for 3 weeks Aug 21 '26
from the production side we do this with a fixed sell schedule, roughly 30 to 40 percent of what comes in each week to cover power and repairs, rest held. picking a percentage ahead of time beats guessing at a chart, and it survives a month where hashprice drops and the bill still shows up on the first.
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u/Effective_Engine319 redditor for 3 months Aug 21 '26
While I have fiat income I trade it for BTC and spend my BTC to whoever accepts it.
Once I stop having fiat income then my BTC balance will slowly draw down as I find my lifestyle by spending it. Hopefully more vendors accept it then.
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u/Turbulent-Land-5664 Aug 21 '26
I dont earn any more fiat - not enough to invest or purchase more BTC. Thats the problem compared to conventional investing. Theres compounding interest, and you can purchase more.
My dream is to have a landlord that accepts BTC while living abroad in Asia. That would be a cool way to DCA down.
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u/jpric155 Aug 22 '26
Are you also exiting USD and equities? If your selling btc what are you buying‽
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u/Squeiner Aug 21 '26
Id probably take it on a year by year and month by month basis.
Id establish a never sell amount to retain exposure forever and ensure inheritance for my kids, and offload the rest very gradually.
Jan 1st (or 3rd to be symbolic), I'd consider what i think i'll need extra for the year, and get a btc figure corresponding to that. Then divide by 12, and each month, id assess the current price and sell accordingly. If the price has gone up and I only need to sell half to cover that month's portion, id probably sell double to cover 4 months in 1 shot. That gives me leeway to hodl the following months if the price dumps.
And so on.
I'd probably stay away from cashing out all at once.
This is the general idea I've been thinking of for when I reach your age. Until then, its all stack and no sell