how many times i have to say buy and hold? only spend btc but not cashing out.
Treat bitcoin as saving, you put small amount into it periodically and spend on things you need.
If you just buy btc and hope to sell high as investment, what do you gain? fiat money? you dont gain wealth by holding fiat money.
Sell your btc, buy a house ----- GOOD
Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.
This is my first time through a major upward movement
I didn't learn about btc till the end of may
And now I have learned my lessons
I will buy in dips and hold forever.... and only use btc to pay off debts.
Though I have made good fiat on my journey a sic scams and fear of crashes have reduced my potential wealth
Wish I would have listened earlier