#GM folks. Happy continuing sale.
And to those who are learning that their tolerance for volatility may not be what they thought it was, consider a strategy used by many in the tradfi space: build in a strategic cash allocation as a percentage of your total portfolio (ie, 5% of your total portfolio, or whatever makes sense for you, is held in fiat). When the price goes down, you buy more, because your cash allocation will have grown. Theoretically you could trim it as BTC goes up too, though I prefer to let it grow from other inflows instead. Been seeing some folks who are all in suddenly wishing they had hedges, and while I think the enthusiasm for Bitcoin is great, it's important to be realistic about what works for you so you're not stuck selling at the least opportune times. See the latest episode of nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u's podcast to get more on this topic from someone far more qualified than me to talk about it.
Also, see the lefties are talking about an Economic Blackout today. The idea that people need to pick a single day on a calendar to not buy anything that isn't essential is fucking weird.