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@ 0x07AD
2025-06-15 19:39:08
Unless you need to spend or sell your satoshis before 4 years pass, the best way to avoid emotion and panic is to keep stacking, without looking at the current fiat price, using DCA. For this very reason, I keep my long-term holdings separate from my medium-term holdings separate from my short-term (day-to-day, week-to-week, or month-to-month) holdings. Short term is strictly for sending zaps, buying things priced in satoshis, and potentially buying gift cards priced in satoshis - all via the LN. Due to fiat exchange rates, I won't be wasting satoshis covering such extortion fees imposed by a government unable to manage its finances. Depending on payment processor, the exchange rate can be as high as 50% for fiat-priced stuff. Too many "Bitcoin-friendly" payment processors perform fiat exchange pricing and then charge the inflated price in satoshis. Bitcoin is nationless, or it is supposed to be so. In the meantime, it is typically cheaper to spend my worthless fiat instead of valuable satoshis.