As the crypto bull market starts to hit it’s stride I’ve observed a lot of people unsure of when to buy, trying to perfectly time swings in the market to maximize gains. While this is an understandable position, I believe it’s a fools errand. Even traders seasoned over many decades cannot perfectly time the market, they can only take steps and create systems to minimize risk. This is why you will see a lot of people recommending Dollar Cost Averaging (DCA) as a means of spreading your risk out, with the ultimate goal of decreasing your total cost basis, and limiting the amount of thought spent on trying to find that “perfect” entry. I can personally attest to the fact that this strategy in particular has saved me the undue mental anguish and stress that would otherwise afflict me, especially in such a volatile market as we’ve observed over the past 6 or so months. We can take this a step further though.
One of the premises of Bitcoin that has always resonated with me is the opportunity to “become your own bank”. that means owning every level of that operation, from the moment you send/receive funds all the way to how you secure those funds you worked so hard to get. There are people in the space that take this very seriously, so much so that others would even consider it extreme. Hardware wallets, Multi sig addresses, seed phrases scattered across different properties, etc. This is usually where people start to lose interest or completely miss the power of Bitcoin in the first place. YOU are in control. This has its benefits and drawbacks, but ultimately it’s a matter of perspective.
I say all this to say that I’m here to help. I’m looking to assist in designing accessible, NON CUSTODIAL solutions for small business and entrepreneurs alike to accept Bitcoin as a means of future proofing their business(es). EARNING Bitcoin is the next area ripe for growth I see in this space. It won’t happen all at once, but once it does you wont want to be caught assed out. Also consider the earliest to adopt stand to reap the greatest upside. The choice is yours..