I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.
You already have a great plan to do, but remember to make sure that 0.70 worth of btc you won't need that anymore, that mean if you lost all of it you will be fine on financial status. If you're okay if you lost it, you already have a great plan to do and you don't have to think about anything anymore just do it because i aldo trust btc will be much more valuable in the future, but everything could happen in crypto and we have to always prepare for any situation