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Possibility of Bitcoin Exchanges "running out"
My biggest fear (however irrational it may be) right now is ...not being able to buy Bitcoin. Maybe not my "biggest fear" but my biggest....Bitcoin related fear lol. The idea being that OTC desks run out Whales / Nation States / States can essentially only buy on open market and or mine (lol) Exchanges run out even if we hit resistance and idiots start selling ...that too will get gobbled up too fast for simple folk like yours truly to be able to DCA. Essentially I need you guys to help me understand how realistic the above is. I'm a simple man who has serious F.I.R.E. goals. I DCA (both daily and monthly buys). I know Sats (yes i'm still not a full coin holder...not yet) will inevitably be more expensive so my fiat wont go as far for my daily/monthly buys. However the idea of simply not being able to continue my savings in Bitcoin because I literally have no way to get more...scares the crap out of me. submitted by /u/citizen_chris [link] [comments]
My biggest fear (however irrational it may be) right now is ...not being able to buy Bitcoin. Maybe not my "biggest fear" but my biggest....Bitcoin related fear lol.
The idea being that
- OTC desks run out
- Whales / Nation States / States can essentially only buy on open market and or mine (lol)
- Exchanges run out
- even if we hit resistance and idiots start selling ...that too will get gobbled up too fast for simple folk like yours truly to be able to DCA.
Essentially I need you guys to help me understand how realistic the above is.
I'm a simple man who has serious F.I.R.E. goals. I DCA (both daily and monthly buys). I know Sats (yes i'm still not a full coin holder...not yet) will inevitably be more expensive so my fiat wont go as far for my daily/monthly buys. However the idea of simply not being able to continue my savings in Bitcoin because I literally have no way to get more...scares the crap out of me.
[link] [comments]
