Retail investor Bitcoin plan:

STEP 1: Buy when the price is at the cycle top because of greed ("I'll just make a few bucks and cash out")

STEP 2: Watch the price drop 20-30%

STEP 3: Sell at the bottom because of fear ("It's going to zero!")

STEP 4: Claim that Bitcoin doesn't work ("What kind of inflation hedge doesn't go up forever?!")

STEP 5: Watch the price consolidate near the bottom and get bored ("I'd rather gamble on stocks and real estate because they provide yield")

STEP 6: Ignore Bitcoin until the next cycle top, miss out on the majority of returns

Repeat STEP 1

Don't let this be you

STUDY BITCOIN