Once you understand the potential of bitcoin, building your business on a bitcoin standard seems like an obvious long-term strategy. However, in the short term, the challenge lies in transitioning into it.
Unlike an individual with a W-2 income who can simply invest their savings in bitcoin, a business's treasury has a significant impact on its future cash flow. It needs to be strong and prepared for opportunities, not just when bitcoin is in a bull market. 
To achieve this, caution is essential, which can be difficult when faced with the constant debasement of fiat currency and the anticipation of the next big bull run. Running a business is already challenging, and you don't want to add the stress of trading bitcoin to stay afloat.
There's always a temptation to acquire more bitcoin, and waiting for the perfect moment can create more problems than it's worth if you don't have the discipline to time your purchases correctly. Remember, bitcoin is meant to simplify your life, not add to your worries.
Starting a dollar-cost averaging (DCA) plan can help alleviate this temptation, and it's even more effective if you can implement it through direct product sales in bitcoin.
There will come a time when the bitcoin price opportunity is so great that it makes sense to invest heavily. If you buy at the bottom, the volatility of bitcoin will no longer be a concern, as you'll always be in a profitable position. When that time comes, buy the dip, set a stronger DCA to average around it, and maintain a small cash buffer to adjust if you're slightly off and the dip continues.
The only way to time bitcoin incorrectly is to never invest at all. While it takes time to guarantee gains, the transition to a bitcoin standard can be incredibly tricky.
To achieve this, caution is essential, which can be difficult when faced with the constant debasement of fiat currency and the anticipation of the next big bull run. Running a business is already challenging, and you don't want to add the stress of trading bitcoin to stay afloat.
There's always a temptation to acquire more bitcoin, and waiting for the perfect moment can create more problems than it's worth if you don't have the discipline to time your purchases correctly. Remember, bitcoin is meant to simplify your life, not add to your worries.
Starting a dollar-cost averaging (DCA) plan can help alleviate this temptation, and it's even more effective if you can implement it through direct product sales in bitcoin.
There will come a time when the bitcoin price opportunity is so great that it makes sense to invest heavily. If you buy at the bottom, the volatility of bitcoin will no longer be a concern, as you'll always be in a profitable position. When that time comes, buy the dip, set a stronger DCA to average around it, and maintain a small cash buffer to adjust if you're slightly off and the dip continues.
The only way to time bitcoin incorrectly is to never invest at all. While it takes time to guarantee gains, the transition to a bitcoin standard can be incredibly tricky.
