I think that the last few weeks was great to learn one simple thing: to have a bitcoin strategy that clearly separates you holdings into two groups: what I would sovereign BTC, your coins in self custody, from BTC as an investment. ETF has one major problem, that we just have seen: you cannot trade on weekends.
For your BTC in self custody just HODL. Do not do anything maybe add on dips.
But the investment part should be free from any narratives, good news for BTC, impact of politics, nothing should affect you decisions except technical analysis. Everything else, as this week clearly showed, is bullshit and will make you poorer than you could be. I learned it in hard way and still have not recovered. But this is only thing that makes sense: not long term investment in ETFs, just trading on the basis of tec analysis, level of support etc.. Trade it like anything else.
I think that the last few weeks was great to learn one simple thing: to have a bitcoin strategy that clearly separates you holdings into two groups: what I would sovereign BTC, your coins in self custody, from BTC as an investment. ETF has one major problem, that we just have seen: you cannot trade on weekends.
For your BTC in self custody just HODL. Do not do anything maybe add on dips.
But the investment part should be free from any narratives, good news for BTC, impact of politics, nothing should affect you decisions except technical analysis. Everything else, as this week clearly showed, is bullshit and will make you poorer than you could be. I learned it in hard way and still have not recovered. But this is only thing that makes sense: not long term investment in ETFs, just trading on the basis of tec analysis, level of support etc.. Trade it like anything else.
if crypto needs a grifter like T to survive then it deserves to die. Did you buy your $2500 gold BTC sneakers yet?