Hynek on Nostr: Speculating on the price of bitcoin is a distraction. If you're not willing to go all ...
Speculating on the price of bitcoin is a distraction. If you're not willing to go all in, it's hardly worth it. The most common advice is #DCA, but I recommend going all-in with #GetOnZero.
If you have an income that covers your needs and you believe bitcoin is better than fiat, then keep everything in bitcoin and stop worrying about nonsense.
I've been doing this for several years, and it's incredibly liberating. It also comes with many other benefits, such as:
- You’ll learn to use bitcoin more effectively
- You’ll always prefer paying with it
- You'll start building a network of bitcoiners around you - especially within your family.
- You'll be able to help people because, with your established network, you can - for example, send something to your mom, knowing you have several other people to replenish your bitcoin supply.
If you have an income that covers your needs and you believe bitcoin is better than fiat, then keep everything in bitcoin and stop worrying about nonsense.
I've been doing this for several years, and it's incredibly liberating. It also comes with many other benefits, such as:
- You’ll learn to use bitcoin more effectively
- You’ll always prefer paying with it
- You'll start building a network of bitcoiners around you - especially within your family.
- You'll be able to help people because, with your established network, you can - for example, send something to your mom, knowing you have several other people to replenish your bitcoin supply.