Are you thinking of buying bitcoin for the first time? What’s keeping you from taking action? What do you worry about? Or maybe you’ve already bought bitcoin, but it took you a while to finally pull the trigger for the first time What was the obstacle in your way? Why didn’t you buy bitcoin sooner?

Do you have something you’ve been wanting to know about Bitcoin? Or investing? Or wealth building? Is there something that confuses you about Bitcoin? If so, please comment in this post with your questions and we’ll get them answered and get you leveled up fast in the FSB community so you can create posts. You might also get your question answered in the next episode of the FSB Q&A Podcast!

Dollar Cost Averaging or DCA is when you buy an investment on a regular basis It’s one of the most simple and powerful ways to build wealth. Some people go in every day, week, or month and manually purchase the investment that they are DCAing into. Others set up an automated buy that automatically comes out of a bank account on a set schedule. So, for those of you who are using a DCA strategy to buy bitcoin, are your buys automatic or manual? And why?

When you set up a bitcoin-only wallet for storing your bitcoin you will get a recovery phrase. A recovery phrase is a series of 12 to 24 words that when entered into a bitcoin wallet creates the private keys to access an address on the bitcoin network. This is like the login to your bank account. Storing it safely and making sure that it works are the most important things you need to do to keep your bitcoin safe. What do you do to keep your recovery phrase safe?

Right now it looks like we are at the beginning of a classic bitcoin Uptober Bitcoin hit a new all-time high price today at $126K But what if Bitcoin dropped to $64K or less by Christmas? How would you feel? What would you do? What would you be telling yourself?