Laser on Nostr: I started buying #Bitcoin in 2018 at prices not much lower than today, but it worked ...
I started buying #Bitcoin in 2018 at prices not much lower than today, but it worked out because I time cost averaged in all the way down through the covid dump at ~$4500.
I never tell people to go all in for a simple reason: their exposure should match their education, and it takes a good few years to grasp #Bitcoin.
Secondarily, building a position over time reduces buyers remorse for short term unlucky purchase times, which increases the odds someone will graduate as a real Bitcoiner.
Published at
2025-03-31 13:07:04Event JSON
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"content": "I started buying #Bitcoin in 2018 at prices not much lower than today, but it worked out because I time cost averaged in all the way down through the covid dump at ~$4500.\n\nI never tell people to go all in for a simple reason: their exposure should match their education, and it takes a good few years to grasp #Bitcoin.\n\nSecondarily, building a position over time reduces buyers remorse for short term unlucky purchase times, which increases the odds someone will graduate as a real Bitcoiner.",
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