Replying to Avatar BITwise 🐳 >>= RIGHTish

Hey anon, time to start reducing your MSTR position. Reverse daily DCA it.

Lots of overexuberance in the marketplace. BTC moved 0.75% today while MSTR moved 13%. That tells me ppl are fomo'ing in. You've heard the adage, buy when there's blood in the streets right? We'll the opposite applies as well.

If you've got no 401k/IRA shares look to reduce those positions first. Bank your earnings by rotating into self custody BTC. If you've got it in a tax advantaged account, I guess you can rotate into one of the ETFs. Or better yet, get yourself an unchained account and hodl real Bitcoin.

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christo 1y ago

People can't unsee the arrow go up

If they could see the end of the cycle, they would dca conservatively now and wait to lump on when everyone is having their face melted off

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BITwise 🐳 >>= RIGHTish 1y ago

This is the benefit of having lived through multiple bitcoin cycles. Been through the fire and know what's on the other side.

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