Bitcoin $100k: Do you buy now or wait? The truth without the hype

Bitcoin reached $100k and everyone wants in. Don Roi explains whether it's time to buy or if it's the perfect trap for novices with FOMO.

Bitcoin reached $100k and your feed exploded. Everyone is talking about getting rich, about "the opportunity of the decade", about how if you don't get in now, you'll miss the train. Here comes the truth that no one tells you: when EVERYONE is talking about an asset, it's usually too late.

It's not that Bitcoin is bad. It's that you, with zero savings and zero experience, want to put all your money in because "it went up a lot". That's not investing, that's gambling.

The problem isn't Bitcoin, it's your timing

Imagine that Bitcoin is like that legendary skin that everyone wants. When it was released, few bought it. Now that it's very expensive, everyone wants it. Does it make sense to pay the highest price in history? Maybe yes, maybe no. Nobody knows.

The real question is not "will it go up more?". The question is: can you afford to lose that money? Because if you put all your money in and Bitcoin drops 50% tomorrow (it has happened several times), what do you do?

The lesson from Don Roi

1. Spend less than you earn. Can't spend less? Then you need to earn more.

2. Save and invest FIRST every month, before anything else.

3. Increase that percentage over time. Goal: 10-20% of your income.

4. With the rest: live. Life flies by.

If you want crypto, start with 5% of your savings. Not all of it. Not with money you need for living.

The tip of the week

Before buying ANYTHING (Bitcoin, skins, whatever): wait 48 hours. If after two days you still think it's a good idea, go ahead. 80% of the time, the impulse will pass.

Numbers don't lie: the best time to invest was yesterday. The second best is with strategy, not with FOMO.