I’m convinced BTC is going to hit 500k either in the next 3 years or even the next 10 years, and I’m willing to wait and hold until then (even optimistic that it will hit 1 million+). The thing is though I want to wait for a dip to 50-60k before I sell the stocks and buy in on Bitcoin, especially since the market is looking bearish for the near future (geopolitics, inflation/hawkish fed most likely April 29th). I am also dcaing 1.6k into BTC each month, but am curious on others takes and perspectives on whether I should just sell my voo and qqqm and just put it into bitcoin now.
https://i.redd.it/e32w8cwf92wg1.jpeg
Posted by LilWetWet_
6 Comments
I also came to this sub for financial advice some time ago and I’m now 100% in BTC.
Nothing wrong with being diversified. Set an asset allocation (50% stock, 50% bitcoin, or whatever) and stick to it. If you try timing the market, you’ll probably get burned.
It’s worth investing in Bitcoin AND stocks.
If you have trust in bitcoin and believe the story then yes, but only if your fully determined and have so much fate in btc that you are still buying in drawdowns, otherwise I wouldn’t because it takes heart to stay disciplined during drawdowns such as now.
Just start buying BTC, better to be spread
Why are you convinced this will happen? Can you walk us through your logic?