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RE: Should I Use My Visa Shift Card for Everything??

in #bitcoin8 years ago

Sounds like a good plan. Mainly for 2 reasons:

  1. By investing a regular amount at a scheduled frequency, you'll be dollar cost averaging BTC which, overall, is the best way to invest in it.
  2. If you were to use this visa only when the price is at least 5% higher than the last buy (and staying within that amount), you can break even and actually be bridging using btc and old mediums to start using it.

Just like if you spend less than you make, here, if you spend less than you invest, you'll spend profits and gain capital. All the while the only risk is what is on the exchange (ideally you move extra amounts to your own wallet).

I like the idea.

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Thanks. I am going to go all in I think and give it a try.