We have all heard the saying, “Time in the market beats timing the market”. This concept applies in Bitcoin too. Probably even more so than in traditional financial markets, since Bitcoin is so volatile.
Trying your best to be Davey Day Trader and time the dip perfectly to execute your buy order is near impossible at best and a chronic waste of time at worst. The stress and loss of your personal time is simply not worth it.
A much better approach is to practice the humble method of sat stacking. This is painfully simple, just accumulate Satoshis in small amounts consistently over time. The team at Bitvice is working hard to bring a dedicated Sat Stacking product to our customers in the near term. If you would like to stay updated on the progress of this product, please sign up to this email list.
To back calculate what a good decision Sat stacking would have been for you, check out this website.
Accumulating just R2000 per month over the last three years would have resulted in you spending R72 000, but your Bitcoin value today would be worth ~R320 000, an increase of over 320%. All of this could have been achieved just by setting a debit order and forgetting about price action, and to make it even better, the sats are sent directly to your own self-custody!
Bitvice Referral Programme
The best way to stack sats, is to stack them for free. This is why we have built the Bitvice referral program.
This is the highest Bitcoin referral fee programme in South Africa! Our referral fees are 25X higher than any competitor in the market.
We pay you 0.25% of every order that somebody who you referred to Bitvice makes. So whenever they stack, so do you.
0.25% might not sound like much, but in a world where Bitcoin is increasing in value by an average of 200% per year, these Sats will go a long way. Combining your own paid for Sats with free Sats earned for spreading the gospel of Satoshi is what we like to call a win-win deal.
So, how does it work?
First of all, you need to be fully registered, verified and have a Bitcoin address on record in order to earn referral fees. This is because we payout the total monthly referral fee to your Bitcoin address on record once a month, on the 25th or the next working day.
You will receive an email once every referred order is complete and the amount of Bitcoin owed to you. This is totalled on your dashboard and is displayed on the top-left. You can easily share your referral code by copying it from your Bitvice dashboard on the top-right.
Use your referral link to share with your friends and family when you next chat to them about Bitcoin and start earning Sats for free.
By The Horns Podcast – Bitcoin Maximalism in South Africa
Bitcoin is a rabbit hole.
It is a continuous educational journey into the true genius of Satoshi Nakamoto’s invention and its broader ramifications for society.
Join us on this journey in our podcast By The Horns, where we investigate and discuss Bitcoin specifically within the South African context. We host guests across the fields of economics, culture and of course, Bitcoin.
You can follow our discussions on YouTube or via our podcast on Spotify, Google Podcasts or Apple Podcasts. Find our RSS feed here if you are listening on a different podcast app.