I had the ability to buy btc at 13k…I decided to DCA. My friend had 3 btc that he bought at 2k, sold at 8k, then rebought at 20k.
There are two roads:
Road 1: your government is responsible, will run a balanced budget, and has a plan for the debt, has solutions for the massive amount of old people and their entitlements/care, and everything will be okay.
Road 2: your government is irresponsible, will NEVER run a balanced budget, has no plant for the debt and in fact says "when rates are low we can borrow more", has no clue what to do/how to fund all these old people, and everything will not be okay.
You must think much differently than a 60 year old if you're 20. They are gone in 20 years. You are here for 60 more.
I'm 39. Society is more disjointed than ever. The vast majority of my friends will at most own their own home and many at 40 are literally having to gamble with their life savings on a home purchase or accept that they will never own anything. If you think you are going to time the market with a home, bitcoin, or stocks, you are not.
The government has a big fucking problem and the next time they print you are going to have your currency diluted.
When I was 23 a 3 bd/2 bath house was 700k-now these same houses have "Crashed" to 1.6 at nearly the same rates.
Do everything in your power to get at least 3 btc. It doesn't matter if they price goes to 20k, 10k, or 50k tomorrow. It doesn't matter what your favorite youtuber or twitter trader says.
Here's why you want 3 asap:
You will sell 1 at 100k.
You will sell at least half at 250k.
You need 1 forever.
This gives you .5 at most.
There is no pain without gain. None.
DO NOT END UP BEING THE 30-40 YEAR OLD WITH BAD CREDIT RELYING ON THE KINDNESS OF STRANGERS. DO NOT THINK YOU WILL NOT BE REPLACED AT YOUR JOB-YOU WILL, PROBABLY BY A ROBOT. SAVE YOURSELF.