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"Good things come to those who wait.
But not to those who wait too late."
If you are "waiting" for a "good time to buy", stop waiting.
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Bitcoiners: you are smarter than 99.9% of TradFi investors. The only difference: you only have your own money, not other people's to risk.
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The entire financial world is focused on "minimizing risk". Ergo: Sharpe Ratios, 60/40, diversification and Ray Dalio's "all weather fund". That focus will cause you to miss Bitcoin. With BTC, there will be drawdowns. There will be massive volatility. But once you have 2x or 3x'd your investment you are "playing with house money". There is no pain.
--
The entire financial world is focused on "minimizing risk". Ergo: Sharpe Ratios, 60/40, diversification and Ray Dalio's "all weather fund". That focus will cause you to miss Bitcoin. With BTC, there will be drawdowns. There will be massive volatility. But once you have 2x or 3x'd your investment you are "playing with house money".
--
The entire financial world is focused on "minimizing risk". Ergo: Sharpe Ratios, 60/40, diversification and Ray Dalio's "all weather fund". That focus will cause you to miss Bitcoin. With BTC, there will be drawdowns. There will be massive volatility. But once you have 2x or 3x'd your money you are "playing with house money".
--
"Good things come to those who wait. But not to those who wait too late." -- Grover Washington Jr. If you are "waiting" for a "good time to buy", stop waiting.
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