The countdown to April 25, 2024, the day of Bitcoin halving from today, November 5, 2023, is approximately 6 months, 3 weeks, and 5 days. As for my personal plans to make the most of Bitcoin investments before the halving, I'll focus on regular investments without dramatically altering my lifestyle, ensuring a balance between saving and enjoying life in the present. Here are the habits and behaviors I have adopted to ensure that I make the most of my investing in Bitcoin before that day arrives:
- I turned my apartment into a shared one, meaning I got a flatmate and used the money paid to buy more Bitcoins.
- No more buying new clothes, shoes, phones, or electronic devices. No more eating out. I'll cook all my meals. The money saved will be used to buy more Bitcoins.
- This month, I'm selling off my car and I'll start using the train for commuting to work or any other essential place. Therefore, unless it is absolutely necessary, my social life is going to suffer for a little while. This delay of gratification is worth it.
- I didn't renew my gym membership. I purchased some dumbbells and barbells to start working out from home. The money supposed to be spent on the gym membership will be used to buy more Bitcoins.
These are well laid down plans prior to the Bitcoin halving next. These Will generate good numbers for you, they shouldn't end up in a KYced centralized exchanges. There were valuable lessons learnt from the last and previous bulls and bear make no mistakes to leave them on exchanges else those nutshells in charge of control will squeeze your funds. Ftx is lesson enough for those that wants to learn.
70% in Bitcoin and 30 Percent into ETH! I can only successfully invest in what I trust and what is well backed.