![]() ![]() You can choose to believe what you want, but nobody knows for sure until it all plays out, and then it’s too late. ![]() The trouble is, there’s a constant stream of bullshit in the mainstream media, alongside a constant stream of engagement farming hopium pushed out by bitcoin influencers. That may seem counterintuitive – shouldn’t you buy when the market is low? Shouldn’t you wait for a good time to buy bitcoin? Sure… if you have a crystal ball and can predict what’s going to happen. It doesn’t matter what’s happening in the world, you just keep buying no matter what. Because you’re ignoring the price for your recurring buys, it should be easier. The second rule of stacking sats is to stack no matter what. If you are always waiting for a dip, you might be waiting forever. When your target price for bitcoin is over a million dollars, it doesn’t matter if you stack at $100, $1,000, $10,000, and beyond because it all comes out in the wash. You might buy at $40 and it rockets to $200k in the next six months. ![]() Nobody knows which way the price of bitcoin could go next. The first rule of stacking sats is that you don’t time the market. What Stacking Sats Means To The Everyday Bitcoin Plebĥ Basic Rules For Stacking Sats 1.There’s more to the philosophy of stacking sats than just the mechanical explanation though, so let’s dig deeper into what it means to stack sats. You can buy more than 2,000 sats with a single dollar! Considering that a sat is still worth just a fraction of a penny, everyone can afford some sats. The reason you stack sats instead of stack bitcoin is that the price of bitcoin is so high right now! Most people can’t afford a whole bitcoin, let alone buying multiple bitcoin at one time. This is the same concept of dollars and cents, like $0.10 is ¢10. “Sats”, is short for “satoshi”, which is the name for the smallest unit of bitcoin. What exactly does stacking sats mean though?Īt a high level, stacking sats means to continually buy bitcoin over time. It’s even made it’s way to mainstream financial news a few times, and will probably develop into one of the longest running axioms in Bitcoin Land, perhaps only second to not your keys, not your coins. The person who invented this catchy phrase is the bitcoin podcaster and privacy advocate Matt Odell, but it’s widely used throughout the community. This is a popular meme in the bitcoin community, and you’ll often hear it stated as stay humble and stack sats. With so many bullish signs for Bitcoin on the horizon, the sats you stack today could be worth a lot more not so far into the future.You may have heard the phrase “stacking sats” used online in the context of bitcoin, or maybe you read it here on the blog. That said, the reward in terms of knowing that you’re helping to support Bitcoin’s major scaling solution may outweigh the limited sats you’ll get.Įither way you choose to do it, whether one or all of the above, keep this in mind. But the amount is a lot smaller than you’d earn from using a cashback app or bitcoin dollar-cost averaging. ![]() You earn satoshis by charging users TX fees to use your channels. This alternative way to stacking sats brings back fairly minimal monetary rewards. SatsApp, Fold, and Pei also allow you to get sats back when you make a purchase at one of their registered merchants. Just run a quick search for “Crypto cashback apps” and you’ll find plenty of ways to start stacking sats without having to do a thing. You can get up to 30% crypto back in your Lolli wallet from sites like GAP, Macy’s, and. Some of the main ones such as Lolli allow you to download a plugin for your browser that lets you know where you’re shopping on one of its partner sites. Note that these are not available in all regions. Get Sats as Cashback RewardsĪnother way of stacking sats easily is by using certain cashback apps. And if you don’t want to spend time on research, you can set up an automated monthly investment straight from your Coinbase or Kraken account. So, shop around and find the right one for you. There is a bunch of platforms that allow you to do this. Without having to remember to do it yourself, you can set it up so that you automatically invest in BTC in a fully automated manner on a regular basis. This is where bitcoin dollar-cost averaging comes in. One of the easiest ways for stacking sats is to set up an account at an automated bitcoin investment platform. ![]()
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