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Fun fact: There are already more than 60 currencies in which one BTC is worth more than one million units of that currency
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Post is by: js_hustler and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1mxd0vh/creating_my_exit_plan_before_starting_to_dca_into/ Hi everyone, I have a few questions and would appreciate your help. **Q1:** I plan to start DCA (Dollar-Cost Averaging) monthly with $600–$1,000, buying BTC through P2P and moving it into my cold wallet. I can't buy directly using my bank account, is this the best approach? Note: I receive payments in a virtual USD account, so I’ll be buying BTC with USD. **Q2:** My goal is to accumulate 0.25–0.35 BTC before 2028. Let’s assume BTC reaches $200K \~ $250K or at least higher than today. If I want to sell my BTC for cash, what’s the best way to do this? I can’t use P2P because I’d be selling small amounts of BTC worth millions in EGP, which could be complicated. However, I need to swap my BTC into USD or USDT at a guaranteed stable price until I figure out a safe way to withdraw my money into EGP. Is there any platform to do this easily? **Q3:** Can I convert USDT to BTC without conversion fees? Buying BTC requires larger amounts of USD to get better rates via P2P, and unfortunately that’s my only option right now. I was thinking of buying weekly for better prices and then converting to BTC. Is that possible? Currently, I’m thinking that once it reaches my target, I’ll convert it into USDT and then sell gradually via P2P over time. Does that sound like a good idea? Honestly, I feel lost. **FYI:** Since Jan 2023, I could have bought crypto monthly for $300–$500 but I didn’t, and I regret it. By now I could have around 19–21 million EGP from just 500K–700K EGP in 3 years. For perspective, 20 million Egyptian pounds in Egypt = a PPP (Purchasing Power Parity) roughly equal to 5 million USD. Thanks for reading! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Post is by: js_hustler and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1mxcyth/creating_my_exit_plan_before_starting_to_dca_into/ Hi everyone, I have a few questions and would appreciate your help. **Q1:** I plan to start DCA (Dollar-Cost Averaging) monthly with $600–$1,000, buying BTC through P2P and moving it into my cold wallet. Since I live in a country with limited crypto access, is this the best approach? Note: I receive payments in a virtual USD account, so I’ll be buying BTC with USD. **Q2:** My goal is to accumulate 0.25–0.35 BTC before 2028. Let’s assume BTC reaches $300K or at least higher than today. If I want to sell my BTC for cash, what’s the best way to do this? I can’t use P2P because I’d be selling small amounts of BTC worth millions in EGP, which could be complicated. However, I need to swap my BTC into USD or USDT at a guaranteed stable price until I figure out a safe way to withdraw my money into EGP. Is there any platform to do this easily? **Q3:** Can I convert USDT to BTC without conversion fees? Buying BTC requires larger amounts of USD to get better rates via P2P, and unfortunately that’s my only option right now. I was thinking of buying weekly for better prices and then converting to BTC. Is that possible? Currently, I’m thinking that once it reaches my target, I’ll convert it into USDT and then sell gradually via P2P over time. Does that sound like a good idea? Honestly, I feel lost. **FYI:** Since Jan 2023, I could have bought crypto monthly for $300–$500 but I didn’t, and I regret it. By now I could have around 19–21 million EGP from just 500K–700K EGP in 3 years. For perspective, 20 million Egyptian pounds in Egypt = a PPP (Purchasing Power Parity) roughly equal to 5 million USD. Thanks for reading! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Post is by: js_hustler and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1mxcqxa/creating_my_exit_plan_before_starting_to_dca_into/ Hi everyone, I have a few questions and would appreciate your help. **Q1:** I plan to start DCA (Dollar-Cost Averaging) monthly with $600–$1,000, buying BTC through P2P and moving it into my cold wallet. Since I live in a country where crypto is illegal, is this the best approach? Note: I receive payments in a virtual USD account, so I’ll be buying BTC with USD. **Q2:** My goal is to accumulate 0.25–0.35 BTC before 2028. Let’s assume BTC reaches $300K or at least higher than today. If I want to sell for cash, what’s the best way? I can’t rely on P2P because selling small amounts of BTC for millions in EGP could get me into trouble. Instead, I’d like to convert my BTC into USD or USDT at a stable price until I figure out a safe way to withdraw my money into EGP. Is there a reliable platform to do this? **Q3:** Can I convert USDT to BTC without fees? Buying BTC requires larger amounts of USD to get better rates via P2P, which is my only option right now. I was thinking of buying weekly for better prices, then converting to BTC. Is that possible? Currently I am thinking when it reaches the desired amount I'll be converting it into USDT then quietly selling via P2P for some period of time and hopefully not getting caught. is that a good idea? I am lost honestly. FYI: From jan 2023 I could have buy crypto monthly for $300 \~ $500 but I didn't and I'm regreting that. By now I could have 19 \~ 21 million EGP just from 600K \~ 700K EGP in 3 years. and if you wondering 20 million Egyptian pounds in Egypt = a PPP (Purchasing Power Parity) roughly equal to 5 million US dollars. :D Thank you all for reading. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
My mother had the chance to buy Bitcoin when it was just 8 EGP, but she said no... Now, it's worth over 3,000,000 EGP.