I am 18 yo
schooling in private college
I flip stuff for cash part time regularly to make some extra cash
I have 1 Bitcoin @ 29k & I keep about $3000 in cash in my bank as emergency fund
I have 3 months study break so I am most probably gonna take on a job to fund the bitcoin , trying to fund as much as I can before the halving in 2024
I have been researching on bitcoin for a few months now and by researching I meant like the purpose of bitcoin and I see how it is so much better than fiat(cash) . The only thing that can stop bitcoin is probably the government. After understanding the purpose of bitcoin it gave me more confidence on buying it and not seeing it as a 'investment' but more of a freedom digital currency.
I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.
Hopefully bitcoin can save me from this crazy inflation and break me out of this financial crisis.
If you guys have any tips , do let me know ... I would be very grateful for it.
Good planning. I think holding is best policy. Because who will buy bitcoin in this deep and hold that bitcoin he will get big profit in future. I think in future Bitcoin price will touch $100k or more. But who will buy bitcoin and hold he will get big profit there has no doubt.