Happy Thursday everyone
My wife and I believe that Bitcoin's value will reach one million dollars until the year 2030. To retire early we plan on buying it now on the low price that it has right now, but we are lacking the funds since we are in a middle of house re-modeling. The goal is to own 1 BTC as soon as possible. But we are nowhere near that. Our spending is already decreased to the minimum amount possible, the immediate plan now is to increase our income with side hustles and passive income if possible.
I don't believe we hit the bottom yet and kind of want to wait a bit longer before buying in but a the same time I fear we might miss the boat.
What are your thoughts on this? Are you buying in with dollar cost averaging, waiting for bigger drop, of have you sold all your positions and gave up on crypto? Let me know in the comments below?
None of what you read here is financial advice, just sharing my own opinions that's all. If you seek financial advice please contact a professional to help you out. I don't have a crystal ball and I cannot be sure what the price of BTC of any asset for that matter, will be at any given time.
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Have a wonderful rest of the day :)