My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.
I am making a big decision here:
Option 1: Keep collecting peanuts. Keep DCA'ing.
Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)
Option 3: Nuke everything and become a 1 million club member while I still can. (all in)
*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.
Option 2 Option 3
I’m in the same boat. I have $xxx,xxx value in bitcoin.
I have $xx,xxx value in fiat savings.
I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.
I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your
option 2 option 3 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc
Edited - To say what I meant - option 3