4 got me all fucked up. Never sell any of your stack, only buy what you can afford to save. Otherwise great list ๐ค
21 Rules to Become a Whole Coiner
These are the key takeaways of my long form post:
https://stacker.news/items/142278
1. Self custody. Always. ๐
2. Back up well. Practice restoring. ๐ป
3. Never try to time the market. DCA. ๐
4. You can not time the top either. Never sell the majority of your Stack. โ
5. Keep emotions out. Greed and fear are the main factors for people to get wrecked.๐ค
6. Never use leverage. Just don't. ๐ซ
7. Every sat counts. You can even stake sats for free (see long post for how to). ๐ฅ
8. Don't go all in. Keep FIAT to survive hard times without being forced to sell BTC. ๐ฃโโ๏ธ
9. Enjoy life while stacking. There is only one thing that is more precious than Bitcoin: lifetime. ๐จโ๐งโ๐ฆ
10. Don't forget yourself. Always have a little fun money. ๐จ
11. Involve your significant other. Otherwise you risk burnig out the relationship. ๐จโโค๏ธโ๐จ
12. Automate and relax. Don't trade lifetime for small gains. ๐๏ธ
13. Don't do shitcoins. Most altcoins never reach their ATH again. ๐ฉ
14. Stay humble. Never get lured by offers that promise yield in exchange for holding your BTC. ๐ค
15. You lost your keys in a boating accident. Never share how much Bitcoin you own. ๐คซ
16. Don't rush. Time is on your side. You already own Bitcoin. You won. ๐
17. Learn profitable skills to increase your buying power. Even if you loose all your wealth, nobody can take away your skills to accumulate it again. ๐ช
18. Don't compare. Every stack of BTC is better than no stack of BTC. ๐
19. You don't need 1 full BTC. 225.000 sats = your little block of Bitcoin. Got that? Congratulations! 99% of people are still on zero. โ
20. Change perspective. Change settings in your wallet to display value in sats rather than BTC. ๐
21. Always learn. The rabbit hole is deep ... ๐ณ๏ธ๐
You can read the full article here:
https://stacker.news/items/142278
Thanks for all your support ๐๐
Discussion
Great advice, thank you ๐๐