Dr. Jeff on Nostr: Regarding purchasing power… Don’t miss out on the upside of #bitcoin because you ...
Regarding purchasing power…
Don’t miss out on the upside of #bitcoin because you are fearful of the occasional downside volatility.
It’s amazing to me how many otherwise intelligent people pay this opportunity cost while using volatility as an excuse.
They are falling further and further behind.
Three practical tips if you find bitcoin’s volatility intolerable:
1. Small position size.
2. Don’t use leverage.
3. Hedge. It’s not that hard to do.
Published at
2024-09-29 14:03:51Event JSON
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