The only people who have lost money on Bitcoin are those who sold it. So here’s one simple way to avoid losing money: just stop selling your Bitcoin. It’s that simple.
#Bitcoin
Discussion
I've been slowly selling my bitcoin for a down payment on a house. I plan on buying more once I own a home but I see nothing wrong with spending your money. What's the point of saving if you never spend it.
So, you’re using Bitcoin as a store of value and then using it to buy something meaningful—I really respect that. I just absolutely hate Bitcoin gambling/day trading.
✌️😉
My recommendation of Bitcoin as a store of value isn’t based on any deep allegiance to its blockchain.
I sincerely believe it’s the only truly decentralized and censorship-resistant option we have at the moment.
If something better came up, I’d the person to tell you about it.