In a very similar boat, although I have a regular income, it somehow doesn't manage to cover a sudden 100% tax and insurance increase (gotta love being at the bottom of the bracket), so I've had to dip into those funds a bit to keep things going.
I have been 100% bitcoin ever since.....I guess since my second bull run started and I realized I could do very well without gambling much, as long as I timed my entry and exit points a bit better and played the cycles.
Sadly I think the cycles are coming to an end, at least if an ETF gets approved, so it'll be harder to strategize, but I mean, number go up long term, so I guess HODL good assets whenever possible is still the second best strategy next to being a genius trader.
I am open to new tokens being worth investing in, I just don't have the energy to weed through and listen to "THIS ONE IS DIFFERENT" arguments.
Timing the market cycles is still gambling (just less degen), and I get the feeling they aren't going anywhere, especially due to ETF. Market cycles will always exist but the 4-year market cycle could disappear just because the halving is meaningless after emissions get to a certain level.
At the same time... the value of Bitcoin more than doubles every 4 years (a lot more), so it is possible that the halving event is actually becoming a stronger force on the market rather than weaker... which would actually be pretty odd. I still assume the opposite simply because while it might be worth more USD being sloshed around compared to previously the entire market is also exponentially bigger as well.
I meant the 4 year cycle, not cycle in general.
Either way I guess by 2028 WE will all be measuring things in bitcoin. Whether the normies are is another story but more and more people will