strah on Nostr: Is this a common issue? I was under the impression that, even among bitcoin maxis, it ...
Is this a common issue? I was under the impression that, even among bitcoin maxis, it wasn’t. Degenerate gamblers notwithstanding.
If you’re buying so much that you have no immediate liquidity to pay for basic needs or the ability to cover a sudden emergency, then, yes, you’re overextending yourself into Bitcoin and exposing yourself to have to sell at inopportune times. This feels obvious so it’s odd to see it addressed. Perhaps I’m wrong and there are swathes of people just slamming every last cent into BTC, though. 🤷🏻♂️
If you’re buying so much that you have no immediate liquidity to pay for basic needs or the ability to cover a sudden emergency, then, yes, you’re overextending yourself into Bitcoin and exposing yourself to have to sell at inopportune times. This feels obvious so it’s odd to see it addressed. Perhaps I’m wrong and there are swathes of people just slamming every last cent into BTC, though. 🤷🏻♂️