Selling my Condo to buy BTC

Since I retired and moved to Europe I am putting my Condo in Miami on the Market for Sale. I have a high Equity on my Unit and I’m planing to invest 85% of my net Capital Gains (after Realtor Com. & Taxes) into BTC. The other 15% I plan to hold in cash for my Living Expenses of the next 3 Years.

My Question: I known that DCA is the way to invest in BTC which I have done in the past 7 Years. Should I buy BTC in a DCA fashion since we are close to the Halving in the 2 Quarter of 2024 and and a subsequent Bull Market ? Or should I buy BTC in one shot since I feel that the Price will ultimately go up very soon ?

Any Suggestions are greatly appreciated šŸ™



Submitted September 24, 2023 at 09:33PM by jeanpaulinmiami https://ift.tt/N6jALHB

Comments

Post a Comment

Popular posts from this blog

Coinmarketcap are listing BCH sites as BTC

Under here: https://coinmarketcap.com/currencies/bitcoin/ They have links to https://bitcoin.com/ and https://forum.bitcoin.com/ which are no longer BTC sites; they're BCH sites. I'm not good at twitter and don't have many followers but I've tweeted at them here: https://twitter.com/bitplane/status/955918445014585344 Can we raise awareness of this and get them to change it please? Submitted January 24, 2018 at 02:47AM by david-song http://ift.tt/2DtOW70
Read more

15 years of BTC Power Law

5 years ago I made a post in this subreddit showing that BTC is a power law: Price=A*days^n, (days from Genesis Block), n=5.8. Many didn't believe me and said the past doesn't predict the future. Well, after 5 years it turns out that BTC continues its power law behavior with similar exponent. A power law is not another formula or model but the same mathematical behavior behind river formation, mountains growth, cities development, GDP vs population, and metabolic rate. Everything important is ruled by power laws, so BTC. BTC is a force of Nature. Here is the original post: https://www.reddit.com/r/Bitcoin/comments/9cqi0k/bitcoin_power_law_over_10_year_period_all_the_way/ https://preview.redd.it/ygtk3bb1fkac1.png?width=3211&format=png&auto=webp&s=46261e53d34b1d904f72eaf159cfaaf2999290ba ​ Submitted January 05, 2024 at 11:26AM by Econophysicist1 https://ift.tt/sdnkAoG
Read more