Today my renovation started…
Builders everywhere, deck ripped up, old pool dismantled
Exciting
Really exciting
We’re going to build a home, an asset we can use for decades to come, a place for my kids to feel safe, my wife some stability, and for me a piece of the world to call my own, a true humanistic investment
But, it’s coming at a price…
I decided to keep maximum exposure to Bitcoin
And DCA out as I need funds
The work will be lumpy in terms of payment
Spread out over 6 months
But if I was to pay for the whole thing today, it just got 20% more expensive than when I wrote the last note
This is the Bitcoin journey
The ride
You get both ups and downs
So a question for you friends: how would you play it now given the latest sell off?
- DCA out as you need?
- sell 50% of expected costs?
- sell 100% of expected costs?
quotingHow would you allocate?
nevent1q…mrx8
- 2026
- Feb > June - external renovation
- May > July - internal renovation
- quotes already received
- rough total cost in hand
- invoiced at completion of stage
- paid for with sale of Bitcoin
Do you:
- 1 - DCA out as and when you get invoiced?
- 2 - sell 50% now
- 3 - sell 100% now
Essentially, how do you manage the short-term volatility of Bitcoin, and known fixed costs on the horizon?
🤔