Hey Bitcoin community,
I've set myself a goal to reach 1 BTC before 2036 rolls around. I know it might seem arbitrary, but having this target actually makes me feel good when we see red days – means I can grab more for less.
Currently throwing $320 into BTC weekly through DCA and kinda hoping we don't moon too hard before I hit my number.
What approach are you guys taking? Anyone got tips to optimize what I'm doing? Always open to tweaking my method if there's something I'm missing.
Thanks!
What's your game plan for stacking sats?
byu/Fuzzy_Strawberry4792 inBitcoin
Posted by Fuzzy_Strawberry4792
3 Comments
I’ve only been able to stack as much Bitcoin as I have by ironically investing in other assets besides Bitcoin. There are other investments with shorter time horizons for larger percentage returns than I could get with Bitcoin, especially going through It’s bear market cycles. In some ways it’s so much easier to just trade stocks around earnings, reports with swing trades and also use options contracts to your advantage. Then I take those short to medium term investment profits, pay some taxes and then rotate those profits into buying Bitcoin to stack for the long haul. I wouldn’t have near come close to reaching my Bitcoin stacking goal if I was only buying Bitcoin exclusively all these years.
Increase your DCA on dips, lower it on rips.
Annual buy total stays the same.
>I’ve set myself a goal to reach 1 BTC before 2036
The first tear is pretty important, don’t duck it up. Can you do overtimes or a second job? Now is the time. Once Bitcoin tops its current ATH, the stacking will be much more difficult.
Do you have extra chairs? Sell them now!