FOMO is usually a pretty good indicator that we don’t have real conviction behind an asset, that is, enough for us to have invested in it when it was presumably undervalued, but that we are rather following the crowd.
While this may (or may not) be a good time to put money into Bitcoin, I don’t believe following the crowd is a good strategy when it comes to investing processes. I try to stay away from the products I feel FOMO for.
Hodled in bear, will hodl in bull… (DCA is anti FOMO, and cold storage too)
Automatic DCA is the key 
I love the services which connect a swiss iban to a btc wallet address like pocket, dfx swiss, relai… recurring buy and sleep well
I didn’t know these provider except for Relai.
I’m using SwissBorg and their “auto-invest” services to have a recurring investment in different cryptocoin. Their “smart engine” is really helpfull as I can buy what I want with swiss francs
If you are new to bitcoin and don’t know where to start, I always suggest Fidelity’s report: Bitcoin First Revisited
This will give you the basic understanding of what is happening and why you should invest. Also, DCA remains the best strategy and bitcoin works on a 4-year schedule, so plan to hold it for a bit if you want to derisk your investment.
in what sense? 20 chars
Because of the Bitcoin Halving.
So one can reliably predict its price going up after the halving?
Any answer to a question that has “Reliably predict” in it will be a resounding No. But historically Bitcoin has had good rallies in the year before and after the halving. What is happening now could be that as well. I do already have my calendar entries for less than 2 years to revise my position.
Now queue that whole line with Past performance isn’t indicative of future performance etc etc
All that is guaranteed is that roughly every ~4 years, the bitcoin block rewards gets halved, which slows down the mining of new bitcoins. For the same price this means that mining is ~half as lucrative which then should cause a decrease in mining power, but those don’t really affect the price directly.
The halving is every 210’000 blocks (the 4-year schedule), you then divide the fresh supply of btc rewards by two, so if the demand remains constant, the price should in theory go up yes. The halving effect will be reduced in the future, but in 2024 we will go from 900 new btc per day to 450, which is still quite substantial.
Very good article, thanks for sharing!
Looking forward to add 5% BTC ETF to my VIAC portfolio. Anyone? I know that VIAC is already checking with the regulator…
I have 3% on the Crypto Fund on Finpension but the fees are rather high and I would easily trade it for a Bitcoin only ETF because I’m bullish on BTC not crypto in general.
I am wondering how safe are these platforms?
Im using dfx.swiss for over 1y without issues
I wasn’t aware of that. That’s great news. The BTC ETF approval is just around the corner and I for one would be happy to allocate a small percentage to BTC via VIAC. Any news if they’re seriously considering adding a future BTC ETF to their portfolio?
Once the Bitcoin ETF is launched and after getting the OK from FINMA, it is presumable that viac will allow you to add a % allocation (similar to gold?) in custom strategies. I asked viac and they confirmed this.
Place a non-productive asset that pays neither interest nor dividend in a tax-advantaged account where you are not taxed on those?
Pay an exit tax on the whole amount withdrawn from this tax-advantaged account after a (supposedly) stellar capital gains?
Pay 1-2% per year as a fee to custody an asset that was designed to be self-custodied?
Hmm. Let me think 
…
