Bear market advice:
-Have emergency fund so you don’t become a forced seller when your car breaks down, your kid needs braces etc.
-Don’t borrow against your bitcoin. Sell if you have to or borrow the traditional way.
-Opportunity fund so you can buy more than $50 at the bottom, if you’re broke you can scoop up fire sale sats.
We are 1/12 of the way, 11 more to go.
nostr:nprofile1qqs22afg9k7epyay82slkpap2mquwn9k0cmh3fxk2y8r4nr7wq6xapsprpmhxue69uhkummnw3ezuer0de4hjtnnda3kjctvqywhwumn8ghj7mn0wd68ytndv9uxjmtpvd5hgctyv4kzummjvuwzdz72 strategy!
There's your Bitcoin and then there's your IRL money
Sage advice. Been here since 2017. We all believe in the long term value of Bitcoin. Don’t put yourself into a difficult situation based on your understanding/conviction/10,000 hours of research.
The world needs time to catch up, and we’ll still live in a broken money world for some time.
Haha I learned these the hard way
