Sure a low cost basis is a cool flex because it means you've been in bitcoin a long while, but personally my goal is to keep aping my cost basis higher and higher as I stack harder and harder. Shows that you've grown your conviction in bitcoin and your earnings potential. Make your former self look poor for as long as you can. DCA your cost basis as high as you fucking can. In the words of nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs "go ugly as early as you can".
Discussion
Can't afford to stack the same number of sats as you could 4 years ago? Work harder. Stack harder.
NGU is a cruel mistress
I continue to battle her daily. I kicked her ass last bear market. Now she's winning.
Totally agree. My average is 10x higher than my entry price
Partly a function of my earnings potential growing faster than bitcoin over the past 6 years, partly a function of my autist conviction, my average is over 30x my first humble sats. "Going ugly" as you suggest!