Ignore it and any other predictions about pricing . Just stack sats and live on. The only time price matters is when you enter and when you exit.
Discussion
So i DCA very randomly but manage to get 400-500 a month into btc.... does it metter that i do it exactly the same day and time etc... some weeks i can put 200 some i can put 300 and at times its only 100 does this really matter >? or just continue to DCA?
How much are you willing to risk on this Bitcoin horse winning the race?
Get to that risk point as fast a possible, then HODL and don't worry about DCA.
Nobody knows for sure that Bitcoin can win the race because it is attempting to displace a fiat system that has had a 100+ year head start. This fiat system is controlled by a group that won't go down without a fight.
In my mind, Bitcoin will be successful when 60% of the people in the world are actively using Bitcoin.
put it this way I have more money I to Bitcoin that what I actually physically own lol 😂 not saying I'm a big whale 🐳 by any means but I'm fully invested
so I would respectfully say I'M (80 percent Bitcoin and 20 percent Fiat) this year I'll be 90 percent Bitcoin.
yeah I'm invested for sure , I may not know he scientific breakdown of everything like I would say most do however I try to do my best on keeping it simple stupid and understand enough that (screw the government, the Fiat system , banks , cbdc and anyone else who isn't about not only freedom but financial freedom as well)
I definitely would not go all in on Bitcoin. I always plan for failure and don't want to lose it all on a single bet.
its always so empting to go down the rabbit hole at times into bitcoin... i do however catch myself alot and refrain from continuing....any suggestions or recomendations on what i should be studying on bitcoin? maybe things i should educate myself with?
At what point are you now in your understanding of bitcoin? I would at least.
1. Run your own full node in mainnet.
2. Run a pruned node in testnet for training/education
a. get a basic understanding of how transactions flow.
b. memspool.space good place to track transaction(s)
c. testnet great place to experiment without risk of losing funds.
3. Use a self-hosted bitcoin wallet with cold storage
4. Use no-KYC method for stacking sats.
Think of bitcoin like you do a car. Just learn how to drive it at first, then go deeper into the inner workings of it as time allows.
thank you for your time 🙏
I appreciate you guys taking the time to respond to this .
what do you recommend for no- KYC purchases?
https://bisq.network for on-chain
Robosats.com for Lightning.