Persistence pays off.
Thanks for running your node. All said, you may well had done more than $20k in labor (as your hobby), plus the capital you put up with equipment and with BTC.
Happy to be of service. I never expected making any profits out of this. As long as it covers my expenses, I'm happy. The rest is just a bonus.
Heading abroad next week for a couple of months of vacation. Leaving my node for an extended time always makes me wary, but it should be fine (last time I was abroad I had to explain to my mom on a video call how to restart the server after a power outage)...
@hisslyness Sorry for closing our channel. I was just trying to take advantage of the LOOP activity, making me close channels where funds were all on my side. I'll re-open a 8M sats channel----
I have several technical home monitoring things that I attempt to do remotely when I travel, yet if I have people enterring then I might turn some of the privacy things off.
Nonetheless, I have a few technical set ups, yet either I am not sophisticated enough, or I don't spend enough time focusing on certain kinds of issues that I want to resolve to be able to handle them remotely or to be able to figure them out... and some of the stuff is kind of bitcoin related, but I don't sufficiently understand how to do some things remotely, like running a server and/or some of the mining connections remotely (though the miners are just the small ones like BitAxes and variations of small potatoes).
Another thing that is less technical is a heater yet with a smart thermostat that I have. I have three smart thermostats that go to different locations (different kinds of heaters). On some of them, sometimes I have to restart the heater when it is not working, so on one of them, I set up a camera so I can see whether the pilot light is on, and if the temperature is below the threshold, I have to manually restart the HVAC system with a separate smart switch that I have set up, which usually will get it to work after one or two tries. At the same time, there have been some times where my smart thermostat had lost its internet connection, which usually is enough to go and manually (and in person) restart the thermostat, and if I am not there, then I have to have someone else enter and restart the thermostat, since I have not set up an ability to remotely restart the thermostat.
I have had times where the restart of the thermostat does not work in order to get the thermostat back online (connected with me), so I have to go back and physically be present so that I can reinstall the thermostat software from my phone and my remote app.. which kind of causes me to wonder if maybe I should just buy another brand of smart thermostat from another company if I cannot figure out how to get the thermostat to remotely get back online and then I have to make a trip to get the thermostat back online so that I can see what it is doing. One good thing, so far is that the thermostat will continue to work at whatever its last settings were. I just become no longer able to remotely adjust it.
I have some other remote access and monitoring like devices, such as door locks, motion sensors, door open/closed sensors, temperature/humidity sensors, lights (usually hooked up to smart plugs, but some are hooked to smart switches), cameras, and surely these various products are not without difficulties to keep going... Several use batteries that could run out of charge.
My last ground breaking opportunity!
Added some corns, for the very last time for the year! (probably)
Not sure I will see this opportunity again!
You have ONLY been registered on the forum for less than 2 years, so I have difficulties imagining that you would have had reached over accumulation status yet, unless you seriously front-loaded your bitcoin investment in 2023 when you first registered on the forum.
Let me do a quick look and see if you had invested around 2.5 years of your target income level in September/October 2023, then perhaps that could be justification to stop regularly accumulating BTC - since the price largely went shooting up from the end of October 2023. That would be enough to achieve your target as long as you would be starting to employ your withdrawals in about late 2027.
It seems that if you had invested around 5x of your annual target income in that September to October 2023 period, then you would have been currently within grasp of being able to start cashing out at your annual target rate within order to be within grasp of starting to be able to cash out at your annual targeted rate within about 3-ish months.
By the way, the 200-WMA is greatly underperforming where I thought it would be by now, so
I had the 200-WMA marked to be at nearly $69k by the end of November, yet how it has been performing over the past 3 months, in the remaining 3 months it is on track to ONLY reach right around $56.5k by the end of November which largely could be problematic if the BTC price wants to come back and retest the 200-WMA in some kind of a timely and cyclical manner, which I cannot see happening unless the blow off top becomes much greater than how it has been doing recently..
Maybe if we could at least get a blow off top of supra $150k and maybe close to or higher than $180k might help these matters to pull the 200-WMA up higher. I thought that I had been being reasonably conservative in my 200-WMA projection, yet it seems that for this most recent 6 months, as I type this post, the 200-WMA is merely on-target to go up around 19% (38% annualized) rather than the 44% (88% annualized) that I had projected for this current 6-month period that we are in the midst of.
Of course, we have to attempt to roll with the punches and let the 200-WMA land where-ever it is going to land, and I am not personally projecting the 200-WMA into the future with an expectation of wishing BTC's performance but instead trying to attempt to project its future based on its historical performance.. which yeah, surely I understand that is not any kind of precise science, but it still would be nice to get somewhere in the ballpark of correct.
