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Critique my 4-Year Strategy to Leave Fiat for Bitcoin

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I would like to completely de-dollarize, including the way I pay my daily costs. I have reviewed Bitcoins cycles due to the halving, its volatility (life force), and its typical 3 year up, 1 year down pattern. Examining the Priced in Bitcoin21 website (https://www.pricedinbitcoin21.com/landing) I know that my daily expenses will become infinitely cheaper especially over a 3+ year period if they are priced in Bitcoin. For this reason I am plotting the following strategy that I invite criticism for because I will consider comments and adjust my strategy as I see fit.

The plan:

I will embark on 4 years of austerity. I will save every fiat dollar I can in two wallets. Wallet 1 will be a Trezor of Ledger where I hold my private keys on a safe deposit box and utilize this cold wallet strictly for long-storage (HODL’ing).

I will manage my second daily expenses Wallet on a Coinbase account because Coinbase produces easy to use tax documents at the end of the year. I will save as much as I can from each paycheck over a four year period. On year 5 I will begin drawing from Year 1 of my Coinbase savings deposits. I will use these withdrawals only to pay daily expenses, utility bills, etc. at the same time I will continue saving my fiat in Bitcoin. Year 6 would be the same except I’m withdrawing the Bitcoin I purchased 4 years earlier in Year 2 (and no more). Even in the down cycle years where the market crashes I should be withdrawing Bitcoin that was purchased at a lesser cost from the previous downturn than the market bottom we experience 4 years later. I believe that this plan will eventually allow me to save in Bitcoin and always pay my expenses at an 80 to 90 percent discount than that experienced by fiat slaves who will be smacked around by inflation.

Thoughts?

submitted by /u/Libertarian_Ghost
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