EP4: DCA your Self-Managed Super Fund with @AndyBTCAdviser
2-Bit Idiots
English - September 25, 2021 05:19 - 59 minutes - 81 MB - ★★★★★ - 1 ratingPersonal Journals Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
‘Andy B Adviser’ is from England and now lives in Australia. He started looking around for answers about money and savings around the time of the COVID crash, and has in a short time, become a Bitcoin maxi and Self-Managed Super Fund DCAer.
In this episode we dig into his fall down the rabbit hole, to help us understand why he considers Bitcoin his long-term savings solution to ensure his own financial security and that of his family.
He tells us how he has changed from a more “hand-to-mouth" existence, to someone with a low time preference.
He talks us through the process he followed, going from no-coiner to SMSF bitcoiner in 18 months, and the FUD (Fear, Uncertainty and Doubt) that he received from the legacy financial system about his decision and how you must consider your personal risk tolerance to ride the volatility that comes with being a Bitcoin hodler.
We discuss how he concluded that shitcoins were a waste of his time, and his experience orange-pilling his friends.
Loved the conversation, Andy. Give him a follow. www.twitter.com/AndyBTCAdviser
Pod Shout-outs
www.twitter.com/SimplyBitcoinTV
www.twitter.com/michael_saylor
Books
21 Lessons – Gigi – www.amzn.to/3rNq5nv
Websites
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Thanks for listening.