Can Greed and Hype Lead to Success with Cryptocurrency Investing in a 3rd World Country?

Think the biggest lesson you learned is to not get emotional and buy more when the crypto hype is here. You did the right thing by using the risk model and capitalizing on dips. That will serve you well in the next bull run. You already have one btc, now you’re on your way to the second one. Congrats!

Having accumulated Bitcoin for the last few years, I’m proud to say that my September DCA has allowed me to achieve the goal of having an entire BTC. It’s been a long and exciting journey, and I’m overjoyed that I can now finally say I have a full BTC.

In 2019, I learned about Bitcoin and starting accumulating a little bit each month. During the 2021 bull run, I got caught up in the hype and greed and increased my DCA too much. This, unfortunately, led to me losing some of my sats due to fear when the market started crashing. This experience still haunts me to this day.

However, I didn’t give up. I kept DCA’ing as usual, but adjusted the amount based on the Bitcoin risk model at alphasquared. This has been instrumental in helping me to capitalize on dips in the market over the last year. When the price and risk decreased in the August dip, I increased my DCA and now, here I am with an entire Bitcoin.

The biggest lesson I’ve learned throughout this process is to not get emotional and buy more when the crypto hype is here. Using the risk model has helped me to stay disciplined and capitalize on market dips, which will be incredibly important in the next bull run.

Now that I’ve achieved the goal of having a full Bitcoin, my next goal is to get the second one. One less BTC for Black Rock!

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