Replying to Avatar Dr. Bitcoin, MD

The biggest secret to bitcoin: sit out a bull market. I’d be about 2x better off if I had sat out prior bull markets. I purposefully sat out last bull market.

Now it seems as if I’ll never have to work again. But I’ll probably keep working until 1 year salary won’t buy another whole coin.

We shall see.
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Deleted Account 2y ago

By "sit out" are you referring to not buying during that time period? Most likely to stack cash for when the next bear inevitably arrives?

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Dr. Bitcoin, MD 2y ago

Not selling. Sitting out a bear market would be not buying.

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Deleted Account 2y ago

Gotcha, appreciate the explanation 🙏. Planning on sitting out the next too bulls ATLEAST

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Dr. Bitcoin, MD 2y ago

Once you get your cost basis to zero, it makes it easy to ignore the price swings.