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2024-08-30 19:50:43

Citadel Captain on Nostr: Stack & Chill or Run the Fool’s Errand Bitcoin is the easiest investment to make, ...

Stack & Chill or Run the Fool’s Errand

Bitcoin is the easiest investment to make, once you understand it, if you have a long term timeframe.

Unless you’re bullish on governments fiscally responsibility, Bitcoin will continue to fare well over decades.

To be successful though, refrain from thinking short term. “Looks like it’s going down, I’ll sell and rebuy lower” is a fool’s errand. You may get lucky but at what risk and what cost. You risk your stack. You cost yourself mental capacity and anxiety.

Much more productive to stack, DCA, workout, read, spend time with loved ones. That’s real wealth. And that is what you get when you keep your focus on the long term.
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