I actually think it's possible to time the cycle top.
But there are two problems even if you can:
1. You won't want to put as much in at the next market low.
2. Your government may not let you put as much in at the next market low.
Keep in mind that major Aussie banks for example, now have limits of $10k / month into anything crypto.
That means it would take about 9 months to buy 1 bitcoin at current prices.
Probably just as stressful as just riding the wave down.
How sure are you that your government won't implement similar restrictions?
How sure are you that you could put as much back in anyway?
Just keep stacking.
#Bitcoin #zap #nostr #plebchain
SteadyTech
npub1z9…uw0vx
2024-08-20 12:15:16
Author Public Key
npub1z9jlmcccm6elulsuz5ymt6257s3vx0fqmvwgfpdw8r9tr6p7fmzsjuw0vxPublished at
2024-08-20 12:15:16Event JSON
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"content": "I actually think it's possible to time the cycle top.\n\nBut there are two problems even if you can:\n\n1. You won't want to put as much in at the next market low.\n\n2. Your government may not let you put as much in at the next market low.\n\n\nKeep in mind that major Aussie banks for example, now have limits of $10k / month into anything crypto. \n\nThat means it would take about 9 months to buy 1 bitcoin at current prices.\n\nProbably just as stressful as just riding the wave down.\n\nHow sure are you that your government won't implement similar restrictions?\n\nHow sure are you that you could put as much back in anyway?\n\nJust keep stacking.\n\n\n#Bitcoin #zap #nostr #plebchain",
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