Today I started saving in #bitcoin for a car. If all goes as planned, will save for 24 months before buying. Is this a good move or am I a degen?
Discussion
Nah man the point of it is whatever you want to use it for!
Yeah, I just can bring my self to spend it. But since I have a clear need in roughly 2years and will be setting aside funds, why not put some in BTC savings vs all in the fiat savings. We all know what fiat does. 😂😂
This is a good move, the point of stacking is to increase your purchasing power. Get the things you want and need for less money over time.
But in 24 months we’ll be well past the cycle top (if the previous cycle timelines repeats again).
Aim for 12 months!
Yeah I get that. I’ll see where it goes and plan accordingly.🤙🏻
study Bitcoin. That is something you should decide after learning what Bitcoin is and what problem it solves. The reason i say this is because when the volatilities occur you will come back to us with, "but you said this would happen."...WE are not taking that responsibility.
Who is this “WE” you speak of?