NBA Champion Reveals His Daily Bitcoin Habit
NBA champion Tristan Thompson says he buys Bitcoin every single day and tells teammates calling him mid-season to do the same, regardless of what the chart shows.
The Cleveland Cavaliers veteran joins a growing list of basketball figures turning into vocal crypto advocates.
The Thesis Behind Buying Every Single Day
Dollar-Cost Averaging (DCA) means buying a fixed amount of an asset at regular intervals, regardless of price, to smooth out volatility over time. Thompson describes exactly that approach.
His pitch to teammates avoids price predictions entirely. He frames the purchase as stacking digital gold, warning them that they will have to explain to their grandchildren why they hesitated at $63,000.
"Buy every day, stack it, stack your digital gold… You don't want to be 70 and have your grandchildren say to you, Papa, you didn't buy more Bitcoin back when it was at $63,000… If you look through the last 14 years, it has appreciated by over 60 percent annually… Name a savings account that does that. You can't find it," Thompson said at The Pomp Podcast.
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