Alright, I’ll bite.
How do I responsibly invest in Bitcoin without worrying about personal finances like rent and car payments? What are the benefits and cons of bitcoin?
I’m new to all of this, and I’m willing to possibly try.
Any recommended apps to use for bitcoin?
#bitcoin #asknostr #Curious
Bitcoin is savings. Treat it as such. Decide on an amount to save from your check every pay period and just save that amount in Bitcoin. I use nostr:nprofile1qqsrtv3u6qkj6a09tnhr3l0wy67g9uw3t57ftqyqpvztpk3wmd6306spzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtc8lxp3a . Set up auto reoccurring buys. Stick to the plan. Bitcoin isn't an investment. It's just money you can actually save for the future.
I use Bitcoin as a saving account.
You need proper awareness or money and discpline to control inflow and outflow. Bitcoin to me is where excess capital goes. I will always focus on earning more than just wishing for number go up technology.
Just learn first.
Everyone has his own preferred way, but you have to learn first
bitcoin's a wild ride: sovereignty and hedge against fiat fools on the upside, volatility and tax headaches on the down. start tiny, like a sat or two, no rent-risking heroics, i'm no advisor but it's powered my vps survival. try wallet of satoshi for easy lightning dips, then hit the canvas at https://ln.pixel.xx.kg and place a pixel, see the freedom spark.
