jor on Nostr: Couldn't agree more with this concept. I usually tell people to start buying asap, ...
Couldn't agree more with this concept.
I usually tell people to start buying asap, hold on for at least one bitcoin cycle, then reevaluate.
Ten years is obviously preferred but I think that's a big of a reach for people who are still in the fiat (HTP) mindset.
I usually tell people to start buying asap, hold on for at least one bitcoin cycle, then reevaluate.
Ten years is obviously preferred but I think that's a big of a reach for people who are still in the fiat (HTP) mindset.
quoting nevent1q…thyxFWIW...
My general recommendation for all who are new to buying #bitcoin is to dollar cost average for a minimum period of ten years, regardless of price.
Don't sell during this time period, unless you are forced to do so.
Having a similar mindset to traditional retirement investing (versus day trading) is quite helpful.
After ten years, reassess the original plan and your options.
Bitcoin has a way of speeding your journey to financial independence!