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Or aren't you?
I'm kinda going back-and forth honestly, unsure about if i'd really want to put in any more Fiat at this point in time- although it could pay off handsomly a year or two from now...
What about you guys?
this territory is moderated
52 sats \ 1 reply \ @quark 23 Jan
I can't give financial advice. But DCA without looking at the price is a good way. We never know when the next crash is.
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DCA ain't the way for me- I lumpsum away instead.
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142 sats \ 2 replies \ @KLT 23 Jan
I had this conversation with a friend of mine today. 20 - 30 years from now, people will be astonished that bitcoin was the price it is today. Because of that, whenever I have some dry powder, I stack sats. The only way I actually know the price is down is if I’m on the stacker news website, otherwise I’m just focused on working hard so I can get more sats flow to stack more sats regardless of what the price is.
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0 sats \ 1 reply \ @alin 23 Jan
Same here mate
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0 sats \ 0 replies \ @KLT 24 Jan
Great minds think alike! Life is crazy enough. Focus on family, health, career, and keep stacking.
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Stay humble, stack sats.
Don't buy more bitcoin than you can afford. Don't use leverage. Dollar cost average. If you have a high time preference, you're probably already doing these things.
If you like taking on risk or have a low time preference, then ignore this.
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I like risk, that's why I bought more than I should 🤫
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I could buy more but I'm pretty happy with my stack right now. Right now, we are focused on debt consolidation and debt payoff. We are making a big house move in 2025 and I want to maximize the house I can get (as in buy a 30 year house not something that only lasts me another 5 years)
If you can stack, stack harder!
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You can also go live in a caravan and buy more bitcoin instead :)
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Sounds gay to me.
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Depends on the lovers you bring home.
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Touche!
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there's some dips in fees - I'm taking advantage to grab some cheap sats & sending to cold storage
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which crash?
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Bitcoin's.
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If we're talking about the economic crash, then we recently opted to buy a car outright rather than financing. We had been needing a new car for a while and decided to capitalize on the strong dollar to make a big purchase.
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Rallying the wheels... I see, I see...
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0 sats \ 3 replies \ @kr 23 Jan
which current crash are you referring to?
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The one in which we went from 44k € to 36k €, last time I've looked, that is.
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0 sats \ 1 reply \ @kr 23 Jan
oh i see, personally i haven’t done anything about it
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I've cried and had some sub-optimal nights of sleep, wanna send me some comforting words?
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DCA’ing, and also kept my christmas bonus sitting around to be invested when a good opportunity shows up… Looking for a potential retracement of 62.8% on btc price to take advantage of that dip
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Those Fibonacci-lines? Is that what you're talking about? What's your "goal" then?
I think we will only start going strong again once FTX stops selling BTC from the Gray scale trust.
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Yes exactly fibonacci retracement levels…on my graph, the retracement i am looking for is at $34,166 , that s where I’ll put half my xmas bonus, and keep the other half in case of deeper correction…
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Oh Lord oh Lord...
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