.

plan.md

@@ -14,10 +14,10 @@ The idea of Operation Saylor is to:
 The loan I can get through my usual bank (Bankinter) comes with the following
 conditions:
 
-- Principal: 33.200€
+- Principal: 33.000€
 - 120 installments in 120 months
-- APR 5,99%, APY6,16%
-- Each installment would be of 368,42€
+- APR 5,99%, APY 6,16%
+- Each installment would be of 366,20€
 - Early amortization penalty of 1%
 - No opening costs
 
@@ -38,6 +38,10 @@ happen through four different bank accounts. That will spread the volume enough
 across different entities so that no single observe can realize the actual
 extent of the operation purchases.
 
+Since the loan amount is 33.000€ and the entry DCA period 6 months, the monthly
+buy should be around 5.000€ per month.
+
+
 ## BTC funds storage
 
 The BTC funds from the operation will be stored in two locations:
@@ -61,21 +65,49 @@ tremendous effort and a high chance of screwing up, with the awful consequences
 of the confusion that would come forth.
 
 To fix this, I will include the fiat amounts in my personal accounting in the
-following way: I will open sub-accounts for Operation Saylor in the four fiat 
+following way: I will open sub-accounts for Operation Saylor in the four fiat
 accounts I am planning on using. All the money related to the Operation will be
 recorded in these "virtual" accounts. This way, I will keep it separate from my
 personal balance and still be able to reconcile the total account balance with
-what will appear in my online banking systems. The origin of these funds will be
-a liability account, reflecting that this money doesn't really belong to "me",
-but rather to Operation Saylor.
+what will appear in my online banking systems. The origin of these funds will
+be a liability account, reflecting that this money doesn't really belong to "
+me", but rather to Operation Saylor.
 
 Regarding the BTC balance and all purchases and sales, I will run a separate
-spreadsheet to record those. That will enable a more flexible tracking and playing
-around with data than what gnucash would allow me to, and the operations are 
-going to be simple enough so that the serious ledger is not missed.
-
+spreadsheet to record those. That will enable a more flexible tracking and
+playing around with data than what gnucash would allow me to, and the
+operations are going to be simple enough so that the serious ledger is not
+missed.
 
 ## Expected results
 
+TODO: Summarize the outcomes of my little simulation engine.
+
 ## Evangelizing
 
+Operation Saylor is a financial movement that is typically touted as suicidal
+and irresponsible. Although it is indeed a very risky movement, I think that
+the online community has developed a certain degree of dogmatic rejection about
+leveraging to invest in BTC long term. People just mindlessly repeat "don't get
+a loan to invest" without providing any thoughts to the nuances around it or
+being open to discussing why is it a bad idea.
+
+I think that, with a loan like the one I am getting (uncollateralized, no
+margin call) Operation Saylor is not a stupid idea. It is indeed risky, and
+there is a chance that I will lose an important chunk of money. So I would like
+to spark up debates across the community to fight the rejection dogma, in the
+hope that some people might actually discover that this movement suits their
+own investment preferences.
+
+To do this, I will post a monthly update on stacker.news. On every update, I
+will provide a standard report on how things are going (BTC balance,
+outstanding debt, money invested vs current net worth) + an additional, brief
+reflection from my side. This could be about the reasoning that led me to run
+Operation Saylor, comparing this strategy to a DCA, discussing the fundamentals
+that make the operation sensible from a theoretical point of view, etc.
+
+I hope it would get the same kind of traction that the Early Retirement by
+Bitcoin blog would get. I feel there is something addictive about these monthly
+updates with real people and real numbers and seeing how well or how bad they
+are doing. It's as if you were sharing the greed and excitement with them.
+