SteadyTech on Nostr: I actually think it's possible to time the cycle top. But there are two problems even ...
I actually think it's possible to time the cycle top.
But there are two problems even if you can:
1. You won't want to put as much in at the next market low.
2. Your government may not let you put as much in at the next market low.
Keep in mind that major Aussie banks for example, now have limits of $10k / month into anything crypto.
That means it would take about 9 months to buy 1 bitcoin at current prices.
Probably just as stressful as just riding the wave down.
How sure are you that your government won't implement similar restrictions?
How sure are you that you could put as much back in anyway?
Just keep stacking.
#Bitcoin #zap #nostr #plebchain
But there are two problems even if you can:
1. You won't want to put as much in at the next market low.
2. Your government may not let you put as much in at the next market low.
Keep in mind that major Aussie banks for example, now have limits of $10k / month into anything crypto.
That means it would take about 9 months to buy 1 bitcoin at current prices.
Probably just as stressful as just riding the wave down.
How sure are you that your government won't implement similar restrictions?
How sure are you that you could put as much back in anyway?
Just keep stacking.
#Bitcoin #zap #nostr #plebchain