/biz/ - Business & Finance

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DAILY REMINDER  Anonymous Sun, Jan 31, 2021 14:25:03 No.27265518 [Reply] [Original]

>should i buy now?
yes, DCA and hold
>don't short, don't go long on margin trading platforms, don't leverage
>JUST BUY BTC AND KEEP YOUR PRIVATE KEYS SAFE, OFFLINE
>50% crashes are normal, get used to them
>CBDC (central bank digital currencies) are a scam, literally a dystopian fully tracked FIAT 2.0 system where you bleed purchasing power but you also give away your privacy
>every project shilling CBDC is a scam
>sats is all that matters, all shitcoins bleed to zero in the long term
>don't leverage or you will lose it all
>don't keep your btc in an exchange, buy them and transfer/store them offline immediately, safely, do 100 backups of the wallet.dat or the seed key, again offline
>don't trust "someone", not even if he is a a "trusted" public figure with a great cv
>don't trust services like paypal, or future scammy services
>don't wrap your btc (wbtc/sbtc/tbtc/renbtc and similar are scams, and they will run away with your private keys, while you will be bagholding a worthless erc20 shit-token)
>don't buy btc with funds like grayscale, you have to pay a premium and you are not even sure if they are 100% backed by btc, high risk of fractional reserve and no key ownership
>don't think it's too late, it's never late, i was buying below 1000$ and i still keep buying above 30000$
>don't swing, it's risky and you will not sleep at night, hold for a few years, this will ensure you will hold during the way up with 2k green daily candles
>btc is the most safe but asymmetric bet you can do right now
>remember to convert your entire savings into btc, each month, stacking like a maniac, and you will do just fine
>1 BTC might seem expensive, but you can buy fractions, a fraction of BTC is still worth a lot of money
>if you have an expensive car and paying maintenance, insurance and taxes, consider selling it for btc
>btc is an appreciating asset, not a liability
>btc is not an investment, but the best form of savings
DON'T FUCK IT UP ANON