I try to live a bitcoin standard.
I learned what I usually have to spend each month. I keep only that amount of btc in an exchange that offers a bitcoin backed credit card. I look up stores and services that accept bitcoin and use this services and stores mainly. Bitrefill and TheBitcoinApp are used excessively. I pay insurances and taxes in fiat as I have to.
So: Yes, yes, yes, yes, yes.
Key for me was just good knowledge about my reoccurring payments and spending habits.
Thanks!
So you also have your daily spending in btc. Cool! 🤜🤛
How long have you been doing this? How much does the volatility affected you on average during this period?
Around 5 month.
Volatility is a major factor. In theory I spend less in bear market and try to buy in bulk and in advance in bull market.
So currently I try to spend less. As soon as bitcoin goes ~ above 40k I e.g. buy a whole cow and a whole pig and put them in the freezer. Same for rent. I aim at paying my rent 2-3 years in advance when bitcoin price in Dollar is ‚high‘.
Highly interested in how others do it.
