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300 sats \ 1 reply \ @Allinbitcoinneverselling 25 Aug 2023 \ parent \ on: What's the calculation that Bitcoin fails in 100 parallel universes? meta
Goddamn I am never selling
Lump sum is definitely the way, particularly in a bull market like we are in. Statistically, DCA is advantageous in a bear market, but we are coming into the halving now so if you're hanging around with cash just to DCA you're short bitcoin.
Ideally find as cheap a place to rent as possible, at least for your first full cycle in the market. Maybe even live with roommates or parents or move to an affordable country if your work allows it.
Just hang in there for a cycle or two (or more hehe) and you will be in such a massive position to buy some epic real estate if that is your end goal
Best decision you can make. I sold my primary residence this year, stacked heavy with the proceeds.
Wish more people had the courage and wisdom to do exactly this. You'll be unbelievably wealthy, you'll buy hundreds of houses for the single one you sold, if your time horizon is sufficient.
Bravo
Lmao so you think bitcoin is shitty tech?
You are clueless, but happen to have a valid point out of sheer luck in your original post. Have fun staying poor
Fiat currency is literally going to zero. What will "banks" have to "bank" when all there is is bitcoin?
I think your viewpoint is looking at the short term. Of course banks and fiat are going to continue to exist over the next several years. My view is the long term - hyperbitcoinization. Banks become obsolete and cease to exist
Looking at some of your other responses it's clear that you're just a dumbass/trolling. Hfsp bro
Crypto is trash, but yeah women could care less about bitcoin
They prefer to work for inflationary currency
Yes dude. And if you learn about debt you can find out that's it's all a sham and can be discharged or simply contested with a good debt validation affidavit. With real estate you can get tons of leverage but it takes balls to call the banks on their bluff
I honestly plan to hold for 20 years. Then I'm going to spend about 1-5% of my stack on buying the big dream assets. A couple mansions, etc. Most of my stack I will just hodl probably forever, maybe use a bit more to build some businesses for the people
Yeah man. A fair opinion. I think custodial is inevitable until some unforeseen development comes along in bitcoin
GENESIS