Lessons I’ve learned after 7 years of hodling.

Back in late 2014 I bought my first coins, here’s what I’ve learned since…

1. Hodling is simple, but it isn’t easy.
2. When you get rich very few will be genuinely happy for you. Try to keep your success as quiet as possible.
3. Consistency is key.
4. DCA + smash buying helps soothe emotional volatility.
5. Have a plan and stick to it.
6. The mainstream news is always hilariously wrong about bitcoin.
7. Shitcoins are a high risk / high reward proposition.
8. DONT TRADE. But If you are going to trade you need to measure your performance in bitcoin terms.
9. Mining is a profession, not a hobby.
10. Frugality is paramount. If people aren’t laughing at your lifestyle, you probably aren’t hodling or stacking hard enough.

Submitted January 11, 2022 at 07:52PM by Hodlbitcoins https://ift.tt/3ncJzly