Here is a solid tip about Bitcoin that many overlook:
### "Accumulate Bitcoin consistently (DCA), but DO NOT sell it at all-time highs"
- Why? Bitcoin is a deflationary asset (there will only be 21 million) and its adoption continues to grow (institutional ETFs, halving, store of value). Each cycle, today's "all-time highs" will be the "lows" of the future (e.g., the ATH of 2017 was ~$20k, and in 2023 that price was the floor).
- Smart strategy: If you reach a price that you consider "high", sell only what is necessary to recover your initial investment (or a small % of gains) and leave the rest for the long term. The biggest returns from Bitcoin came from those who HODLed for years.
Bonus:
- Self-custody: If you have more than you are willing to lose, use a hardware wallet (Ledger/Trezor).
- Ignore FOMO and FUD: Bitcoin goes up and down, but its 10-year trend is clear.
Example: If you bought at $10k and it rises to $60k, selling 10-20% to cover gains and leaving the rest is better than selling everything and regretting it when it reaches $100k+.
Bitcoin is not just an "investment"; it is the first form of scarce digital money. Treat it as such.