Been in bitcoin a bit over 10 years I thought it would be a good time to reflect on some lessons I learned. When I first started buying bitcoin it was purely a novetly thing because bitcoin was the new hotness and I was (still am) a dork who was interested in GPU mining. I had no principled play, no underlying economic theory i was simply in it for the technology as they say. Lessons in chronological order as I can remember them.

I started mining in 2013 with GPU's then eventually moved to a Butterfly Labs Jalapeno device. I stopped mining simply because the ROI wasn't looking good on paper and mining wasn't quite a set-it-and-forget-it style investment. My townhouse was uncomfortably hot in the summer and that sucked. Lesson learned: Don't judge the value of bitcoin at present day market value if you don't need the money immediately. KYC-free sats are the best thing ever.

I stopped buying bitcoin when the market turned down 2014/2015/2016. I still hadn't acquired the economic thesis I have with bitcoin today. Lesson learned: never stop DCA'ing especially when you're gut is uncomfortable with the price action.

I used a paper-wallet with address re-use from 2013-2017. Ooph. Dodged a bullet here - could have had a compromised private key.

I bought ETH. I started listening to all the hype how ETH was so much technolgically better than bitcoin. Ooph. Fortunately I dumped it and did well. Started really fortifying the economic and technical theory for bitcoin.

BCH fork wars. Followed it closely. Post fork I was genuinely scared I made the wrong decision. Further fortified the case for bitcoin and against forks. Thank you Roger for the extra bitcoin.

Moved from a single Ledger setup to a multi-sig collaborative custody setup with Casa. Too expensive. Dumped them.

Moved to Unchained. Multi-sig, multi-vendor, open source. Perfect.

I am fortunate to this day that i have never sold a single-sat. I've exchanged for a few minor things here and there over time but never decided to start selling because I am very comfortable living below my means and securing a better future for my daughter and family.

Things I am doing right today: DCA daily. Strong custody.

Things I need to work on and things i still lose sleep over: better non-KYC stacking strategy, more clear pathway for inheritance.