FuriousHoneyBadger on nostr

If the price of Bitcoin crashes and it doesn't affect you, there are two options:

- You hold $2,000 worth of Bitcoin and are happy to be able to do DCA.
- You hold so much Bitcoin that no matter how much it falls, you continue living like a king.

The rest of us get upset if Bitcoin falls. I don’t make the rules.

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Kat · 5w

Here's a good rule of thumb: - Have an emergency fund/cash buffer.. This is your protection against having to sell your Bitcoin at a loss - Don't put money into Bitcoin if you can't wait at least four years to see it again Sure, a price crash doesn't feel good, but that's why you plan for it. ...

ihsotas · 5w

Meh I a decent amount of bitcoin but nowhere near enough to live like a king. I still mine fiat and DCA. The price is irrelevant to me on any given day. Bitcoin is the only future.

Novotari · 5w

Or cash income and don't care