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Being a Bitcoiner is hard. Until it isn’t. Here’s a few truths you must discover if you want to be a strong handed, hodler of last resort.
THREAD
THREAD
1.) EVERYONE’S A SCAMMER
So you just found out about Bitcoin. MuCh WoW. NeW PaRaDiGmS. fAt gAiNz.
Do yourself a favor plz, slow your roll n sit your ass down to read “Everyone’s a scammer”. I’ll wait.
https://nakamotoinstitute.org/mempool/everyones-a-scammer/
So you just found out about Bitcoin. MuCh WoW. NeW PaRaDiGmS. fAt gAiNz.
Do yourself a favor plz, slow your roll n sit your ass down to read “Everyone’s a scammer”. I’ll wait.
https://nakamotoinstitute.org/mempool/everyones-a-scammer/
2.) HODL. DON’T TRADE.
The art of the hodl is easy, once you know why you hodl.
In a world where insane kleptocrats make “money printer go brrr” ad infinitum a hard capped asset that is verifiably scarce is invaluable.
Sell bitcoins at your peril. You’ll never get em back.
The art of the hodl is easy, once you know why you hodl.
In a world where insane kleptocrats make “money printer go brrr” ad infinitum a hard capped asset that is verifiably scarce is invaluable.
Sell bitcoins at your peril. You’ll never get em back.
3.) CAN’T HODL SHITCOIN
I know. I know. Your shitcoins different. Gonna change the world. Faster. Moar better moar decentralized. Issa going to $589 Blah blah blah.
Hate to break it to you chief, it ain’t.
Say it with me now ...
I know. I know. Your shitcoins different. Gonna change the world. Faster. Moar better moar decentralized. Issa going to $589 Blah blah blah.
Hate to break it to you chief, it ain’t.
Say it with me now ...
4.) DOLLAR COST AVG
I’ll assume you’re an avg person that doesn’t have money just lying around. (If u do GO BALLS DEEP what you gonna do hold dollars? Lol)
Buy a certain amount every day, week, or month, etc, religiously. Remember your Bitcoin ABCs.
Always Buy Consistently.
I’ll assume you’re an avg person that doesn’t have money just lying around. (If u do GO BALLS DEEP what you gonna do hold dollars? Lol)
Buy a certain amount every day, week, or month, etc, religiously. Remember your Bitcoin ABCs.
Always Buy Consistently.
5.) EXCHANGES ARE NOT WALLETS
You should never leave your bitcoins on an exchange for long term storage. Tbh you should self custody your bitcoins ASAP. The sooner you hold those private keys the better. (You do know what a private key is right? Google if not.)
Don’t get Gox’d
You should never leave your bitcoins on an exchange for long term storage. Tbh you should self custody your bitcoins ASAP. The sooner you hold those private keys the better. (You do know what a private key is right? Google if not.)
Don’t get Gox’d
6.) RUN A FULL NODE
How do you know the bitcoins you just bought are real bitcoins and not fakecoin?
Your node verified that the coins you received are playing by the rules and able to trace every transaction back to the genesis block.
No node, ur trustn u own bitcoin. Verify
How do you know the bitcoins you just bought are real bitcoins and not fakecoin?
Your node verified that the coins you received are playing by the rules and able to trace every transaction back to the genesis block.
No node, ur trustn u own bitcoin. Verify
7.) IGNORE THE PRICE
We’re all here to see NUMBER GO UP but don’t fixate on the price. Zoom out. In time, price dips will be seen as an opportunity and price rises, bitter sweet.
The only number you should focus on is how many sats are under your control. Hodl for dear life.
We’re all here to see NUMBER GO UP but don’t fixate on the price. Zoom out. In time, price dips will be seen as an opportunity and price rises, bitter sweet.
The only number you should focus on is how many sats are under your control. Hodl for dear life.
8.) KEEP LEARNING
Whether its studying Austrian economics or learning to code or a deep dive under the bitcoin hood, you’ll never stop learning. Bitcoin is multi disciplined and forever changing.
There’s always something to learn. Never stop learning. Bitcoin is a way of life.
Whether its studying Austrian economics or learning to code or a deep dive under the bitcoin hood, you’ll never stop learning. Bitcoin is multi disciplined and forever changing.
There’s always something to learn. Never stop learning. Bitcoin is a way of life.
9.) ENJOY YOURSELF
What’s the point of FUCK YOU MONEY if you don’t say fuck you from time to time.
Be brave. Be bold. Be a Bitcoiner.
Speak your mind, say the crazy thing. If ppl don’t like it fuck em. I ain’t for everyone. But I don’t have to care.
Can’t cancel me bitch.
What’s the point of FUCK YOU MONEY if you don’t say fuck you from time to time.
Be brave. Be bold. Be a Bitcoiner.
Speak your mind, say the crazy thing. If ppl don’t like it fuck em. I ain’t for everyone. But I don’t have to care.
Can’t cancel me bitch.
10.) FIN.
Hope you enjoyed this thread. The accumulated wisdom in this thread has cost us moar than 100 million sats. Easily. Hope you don’t take it lightly.
WE PAID DUES. You can be clever and learn from our experiences, or you can put your hand on the stove. Your choice.
Hope you enjoyed this thread. The accumulated wisdom in this thread has cost us moar than 100 million sats. Easily. Hope you don’t take it lightly.
WE PAID DUES. You can be clever and learn from our experiences, or you can put your hand on the stove. Your choice.
11.) INSPIRED BY THIS AWESOME THREAD OF BITCOINERS
Hear it from your favorite Bitcoiners themselves. https://twitter.com/My_Livin_Truth/status/1242193019131944960
Hear it from your favorite Bitcoiners themselves. https://twitter.com/My_Livin_Truth/status/1242193019131944960
12.) ADDENDUM
https://twitter.com/zndtoshi/status/1242461394261377024?s=21 https://twitter.com/zndtoshi/status/1242461394261377024
https://twitter.com/zndtoshi/status/1242461394261377024?s=21 https://twitter.com/zndtoshi/status/1242461394261377024
