willcole on Nostr: When someone asks what % they should invest in Bitcoin, trying to time the market, ...

When someone asks what % they should invest in Bitcoin, trying to time the market, and rebalancing, the send them this.

quoting note10ez…qygh

Financial planning for psychos: try out every Bitcoin trading service ever built for over a decade. If they have it, try out their DCA tool. Forget you set it up for years at a time. Never check your finances. Ever. Just be confused why you have less money than expected. Every three years or so remember and panic about having too much bitcoin on these services and sweep to cold storage. Any liquidity event in your life, ape 100% into Bitcoin without considering your kids future. Forget everything again. Repeat forever.

Only responsible behavior: meticulously setting up cold storage, multisig etc…

^ A true Bitcoin story.