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21 sats \ 1 reply \ @Heisenbergbitcoin 6 Jan \ on: Falling into the Bitcoin (Standard) rabbit hole bitcoin
Thanks for the really informative post. I have started investing in bitcoin by doing a DCA recently, towards end of 2024. A bit late. But better late than never I guess.
I played around with bitcoin, not knowing the seriousness behind it , couple of years back ! I just wished I had HODLd ! I sold them for mere Fiat profits.
Your post also brings a very interesting topic , what happens in society when everyone HODLs bitcoin.
Also I have always used KYC based buying apps to buy bitcoin (for the lack of knowledge that some other way exists). So could you please advise for me going ahead to move into p2p?
DCAing is a really good idea. I used to wish I did buy more and whatever, but at the end of the day you cannot change the past. You took the best decision with the information at dispose.
With regards to buying KYC-free sats, I don't have specific suggestions rather than avoiding KYC services. In Europe we have some providers like Pocket that let you buy sats with your bank account but without KYC. Otherwise, just go for Robosats. If you're DCAing, Robosats is the best choice.
I would also suggest to buy sats with cash if possible, but p2p trades in cash are almost disappeared and are also very dangerous. Nonetheless, ff you have a net of peers and trusted bitcoiners, you can start from that. There's always someone in need for some fiat shitcoins because of emergencies etc.
Have a nice one
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