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As the price of btc flirts with lower prices it begs the question at what price to "you" go all in so to speak and use up that cash to buy your bag ?
What's your magic number and why ?
no such thing as dry powder 🤷🏻‍♀️
I do as much as I can without overstreching myself or renouncing luxury 😁
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Below 20k I buy as much as I can with available cash. Below 10k I whack my credit lines and let the pieces fall as they may.
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BTC@60k = steak three times a day, sunbathing at our summer cottage. Stack those sats and bullets! 30k = hamburgers with no bread while traveling to see the world before it's too late! 20k = make your hamburger stretch with low-carb veggies, we need a break from all this jetsetting 15k = it's ok to use beans in your chili, the kids really need to have a regular schedule and sign up for weekly activities 12k = let's not be unreasonable, after all we got along for decades with some rice in our diet, and it's a nuisance to be driving around all the time 10k = its time to start using up some of those bags of rice in storage, and please stop leaving the lights on when you're not in a room. 8k = it's not a big deal to rehydrate beans overnight, no use in taking up all that space with cans. Our new pastime is meditation as a family 7k = have you tried gruel? It's actually quite tasty. We are fasting for health! 6k = I don't mind taking on three shifts, who needs sleep anyway? I'm too busy to eat lately. 5k = Who needs an extra car? I can always use a bike in case something goes wrong. 4k = it's time to consolidate and clean out the basement and sell stuff on craigslist. Convert all that old crap to sats! People think I'm nuts for biking to work, but it's quite nice to have the quiet time between shifts. 3k = I will gladly live in a van down by the river and visit the soup kitchen to stack those sats. You haven't lived until you've spent six months in a tent! Keep stacking! 1k = I'm finally free of all my worldly possessions and I recite my 24 word seed phrase in my dreams, morning, noon and night while working 22 hours a day!
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no such thing as dry powder 🤷🏻‍♀️
I do as much as I can without overstreching myself or renouncing luxury 😁
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no one knows the future
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Every time I go "all in" it tends to dump lower.
DCA with your weekly earnings is best IMO
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