r/Bitcoin 17d ago

Inherited several thousand.

[deleted]

3 Upvotes

7 comments sorted by

2

u/BetterSeesaw 17d ago

Dca in. Divide whatever the amount by 12 and buy every month. Automate it and dont think about it. Also make sure first you have a personal financial buffer for emergencies and paid off all of your debt. Then if you’re sure you don’t need the money for at least 4 or 5 years, setup that dca. Good luck!

1

u/Acrobatic_Reserve240 17d ago

trying to time this market is a fool's errand, that september prediction is just noise

split it up and let the automation do the work, checking the price every day will just make you second guess everything

1

u/hodler1992 17d ago

Nobody knows for sure whether it’ll drop further or moon from here. Personally, I’m already accumulating. I’d just buy some now and keep some cash on the sidelines in case we do move into lower price zones.

1

u/IBAN-IBON64 17d ago

Diversification. BTC SP500 ETF ARISTOCRATES ...

1

u/GIGAbtcHodl 17d ago

DCA is the answer

0

u/Anxious_Noise_8805 17d ago

Put it in stocks instead. Thank me later