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In Bitcoin everyone has to pay their tuition. We all make mistakes, and it usually happens when you're new to Bitcoin—leverage? 'Shitcoining'? Eventually, it will just make sense to slowly accumulate Bitcoin over time with free cash flow as a long-term savings strategy. This means you need to have a fiat account for emergencies, covering six months of living expenses. You've got to be able to survive the worst for six to twelve months so you are not a forced seller at the worst times. Catalysts are coming: Trump stimulus/tariff checks and Jerome Powell is gone on May 16, 2026, replaced with a Trump yes man who will lower rates, probably to 1% or lower. There is no stopping this train, though an AI bubble bursting could wreck some havoc for a bit but would be followed by mass money printing. Stay humble stack sats.
2025-11-21 14:30:29 from 1 relay(s) 3 replies ↓
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Between home equity, 401(k), and credit card access i don't go so nuts on an emergency fund myself, though there's definitely some. Especially with the 401(k) largely allocated defensively. Can't withdraw from it without leaving my employer, but if shit hits the fan, hardship withdrawals exist. Tradfi advisors shudder when they hear this but they're hardly relevant.
2025-11-21 16:23:44 from 1 relay(s) ↑ Parent Reply