Tired of watching altcoins fade away? Bitcoin's the one asset you can count on for the long haul. But how do you accumulate it and build real wealth? 🤔
*The Problem:* Most people trade Bitcoin like any altcoin, constantly buying and selling. *The Solution:* Accumulate Bitcoin over time with a multi-year, multi-decade time horizon.
*The Strategy:*
1. *Dollar Cost Averaging (DCA)*: Buy regularly, regardless of price. Set it and forget it.
2. *Bull and Bear Cycles*: Bitcoin moves in predictable cycles. Buy during massive capitulation events (30-50% pullbacks) for discounted prices.
*Two Ways to DCA:*
1. _Time-based DCA_: Buy on predetermined intervals, price agnostic.
2. _Event-driven DCA_: Buy during serious pullbacks (40-60%). "Blood in the streets" = opportunity.
*Key Takeaways:*
- Focus on accumulation, not trading.
- DCA reduces risk and emotions.
- Bitcoin's value will only increase over time.
Don't get caught up in the hype. Stick to your strategy and accumulate Bitcoin. Your future self will thank you. 💪
