Quote:
Originally Posted by Tuma
i was advised to buy $100 of BTC every month. i think im gonna do this.
In a vacuum, it's impossible to comment on the wisdom or appropriateness of this advice.
• What is your income?
• What are your obligations?
• What are your assets and liabilities?
• What are your financial goals?
• What is your current portfolio construction?
• What is your risk tolerance?
• Who gave you this advice anyway?
After a year of doing this, you will have <0.02 BTC, which does not seem like a lot to me.
I mean, why not buy $100 of BTC every week or every day—or every time you post a comment on Two Plus Two?
Obviously, this is not financial advice as I don't know anything about your situation.