Simply Bitcoin Bitcoin is CRASHING: This is When You Should Buy The Dip!! | EP 1190
Feb 25, 2025
The podcast dives into the recent crash of Bitcoin, discussing whether it's a good time to buy or sell. It highlights the emotional ups and downs of investing while emphasizing long-term strategies like dollar-cost averaging. Listeners learn about major moves by companies like MicroStrategy and the skepticism surrounding cryptocurrency. The conversation also tackles the divide between money and state, critiquing traditional monetary systems and advocating for Bitcoin's potential to empower individuals in an uncertain economic landscape.
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Bitcoin's Top 10 Days
- Bitcoin's top 10 performing days each year often outweigh the returns of the remaining 355 days.
- This makes market timing extremely difficult, favoring consistent strategies like dollar-cost averaging (DCA).
Humble Stacking
- Stay humble and stack sats consistently.
- The best Bitcoin returns happen unpredictably, so consistent investment is key.
Buying the Top and Bottom
- Nico Jones bought Bitcoin at both the 2021 top and bottom, around $68,000 and $16,000 respectively.
- He emphasizes that he had no idea whether he was buying the top or bottom, highlighting the difficulty of market timing.