i have since diverted some cash to more btc buys. did 25% spot at 21k, have 25% at 19.6k (prev ath), 25% at 18.2k and 25% at 17k
I'm finding that setting up such buys is making me enjoy the dips in ways that I otherwise wouldn't. I'm happy when I wake up and bitcoin is down 10%.
This should be mandatory therapy for every WOer. Noobs should do it on margin. JJG should do it twice a day.
buying btc now is preferential to buying miners-I looked at the numbers.
Even at 5c/kwh you can get back miner's cost only in about 3 years (without even counting the tariff tax).
Miners need to basically lose 50% of the price to be investable.
Of course, mined bitcoin can appreciate and 'bail you out" in $$ terms, but, then, why not just buy btc?