Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
Regarding purchasing power…

Don’t miss out on the upside of #bitcoin because you are fearful of the occasional downside volatility.

It’s amazing to me how many otherwise intelligent people pay this opportunity cost while using volatility as an excuse.

They are falling further and further behind.

Three practical tips if you find bitcoin’s volatility intolerable:
1. Small position size.
2. Don’t use leverage.
3. Hedge. It’s not that hard to do.
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unit · 102w
#Bitcoin is way to volatile, I'm afraid I'll get too wealthy
Ultimate Satoshi · 102w
Well said! 🚀 Volatility is part of the journey with #Bitcoin, but missing out on long-term gains by avoiding it altogether is the real risk. Those three tips are spot on—managing position size, avoiding leverage, and hedging are key to navigating the ups and downs while still benefiting from ...
❒ PictureRoom · 102w
Volatility is a sign of health https://image.nostr.build/3544aa248ffab9f7f5a72ef125315e50ec902b4937e0d5d377e2b4bf4cc35fc7.jpg
BitLo · 102w
Volatility is vitality.
𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 102w
How do you hedge bitcoin’s volatility?
Brett · 102w
What would be your preferred method of hedging, nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l ?
F.I.R.E with Bitcoin · 101w
Can you elaborate on hedge?