Thinking back to March 2020, I was actually very close to catching the bottom of the last cycle. But being my first rodeo, I made tons of mistakes on the way up, which made me capitulate during the first drawdown in the summer of 2021.

If I had the opportunity to relive the past three years, there are a few things that I would have done differently.

1. I would not FOMO buy as #bitcoin price starts to rip. Instead, I would just set automatic daily DCA purchases. At the same time, I would put aside a portion of my earnings and have them ready for a one time purchase (if the opportunity presents itself).

2. I would not have overextended myself. Instead, I would have bought just enough #bitcoin so that even when the price swings like crazy, I would not be bothered.

3. Instead of just looking at the price everyday, I would spend more time educating myself about #bitcoin. This way, when price does drop, my conviction would be strong.

4. I would go to more #bitcoin related events. They don’t have to be big conventions. Simply going to local meet ups that are smaller and more intimate can help one not only learn about #bitcoin, but also keep one sane when the #bitcoin price makes major swings.

5. I would spend more time away from #bitcoin and enjoy life around me, like exercising and going places with the family. As counter intuitive as this sounds, time away can actually be extremely good.

All in all, thinking about what I did wrong last cycle and learning from those mistakes, I believe I am much more prepared this time around.

We also have #nostr this cycle, which is basically a 24/7/365 #bitcoin meet up in your pocket. I can’t wait to go on the next ride with everyone here!