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Gorto 1 year ago
Really enjoyed this! Question for @less though: in terms of the 8% retirement drawdown: what about sequence of returns risk? Bitcoin is very volatile and you'd be a forced seller during bear markets, and then have a lot less Bitcoin to recover during the bull....... 🤔
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less DrJeff@primal.net 1 year ago
You're thinking in dollar terms. The 8% Rule is in bitcoin terms. So, while the dollar amount will be volatile from year to year, you will know exactly how many sats you are selling to support your lifestyle. Also, though volatile in fiat terms, the amount of purchasing power will generally increase (materially) over the years.
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