PSA to everybody confused

I'm a bitcoiner since 2016. I've seen it go up, down, sideways, etc.

Everybody here constantly asks "Should I buy in at $100k?" "Should I buy now or wait?" "Should I take out this loan?"

The answer is No, you shouldn't buy it - because you don't understand it. You ask these questions because you think BTC will be at $500k or some crazy multiple tomorrow.

The real reason you buy is because you 1) believe what BTC is/stands for and 2) what it could be worth 10, 20, 30, 40 years from now..

I've been buying $5/day since 2017 and then periodic big lump sums so like $1000 one month, $3000 in a dip, etc etc.

BTC will fall again, and it will have massive rises again. If you take out a loan and buy at $100k bc you think it'll be at some crazy multiple and this is your only hope, and then it drops, you're going to be cooked. Like literally what if BTC drops back down to $20k and you took out a loan to buy 1 full one for $100k? You're going to be upside down $80k, plus interest, and you could have bought 5 BTC's rather than 1 (and then figure in ROI when it goes back to $100k - 5BTC back to $100k is $500k. Going back to $100k you're breaking even lol).

Learn what BTC is/stands for/does, how it works and is playing out in society, and then decide what you're going to do.

BTC is going to be around forever. Even if you start buying $5 a day now, I can promise you you'll be wealthy in 20 years.