Time in the market matters, not timing the market.
The ability to keep DCAing #Bitcoin at regular intervals, to stay the course through thick and thin, ups and downs, and bull and bear markets, and to not worry where the markets are going tomorrow, or next week, or next month is what matters. Simple.
It's simple but not easy.
The effects of very small habits compound over time significantly.
If you want to form a habit, start small. For example if you want to start the habit of reading, start reading 5 pages a day, then increase it to 10, then 20, and so on. 
Wealth, in fact, is what you don't see. It's the cars not purchased. The diamonds not bought. The renovations postponed, the clothes forgone and the first-class upgrade declined. It's #Bitcoin in cold storage that haven't yet been converted into the stuff you see.
The path to lasting wealth is deferred gratification, savings, and compound interest. Develop the habit of saving in such a way that you enjoy your present reasonably well and also ensure a bright future tomorrow. Save enough so that you are able to live a better lifestyle in the future than you are living today.
Reducing your desires has the same effect as increasing your wealth, but with no downside risk. Being content in life and having fewer needs enables you to be happy in any situation. And that is real wealth and freedom.
It is why Epictetus said, "Self-sufficiency is the greatest of all wealth. Wealth consists not in having great possessions, but in having few wants."
When you save and invest prudently, the benefits are deferred —but crucially, they are also compounded.
The longer you can extent your time horizon, the less competitive the game becomes, because most of the world is engaged over very short time frames.
One epic dip to flush out the wanna-be-get-rich-quick-fake #Bitcoin‘ers before going to mars. Mark my words.
Truth is hard to assimilate when it is opposed by interest. You cannot really understand how the world truly works unless you have financial independence. Once you achieve this state, it changes everything.
It enables you to look at reality in a truly unbiased manner. Aim to achieve financial independence at the earliest time. That is when you will start seeing the world as it really is.
It is difficult to think and act long term unless you are financially independent. Financial independence doesn't mean you don't work, just that you don't need to. It removes the internal distraction of unpredictable employment.
The goal of financial independence is to stop depending on others (bosses, clients, a schedule, a paycheck). True wealth is measured in terms of personal liberty and freedom, not monetary currency.
Money alone does not signify independence. Control over time does. The only definition of success is to be able to spend your life in your own way.
💯. And the saddest thing is that most people don't realise that they are living in a box.
It is difficult to get a person to understand something, when his salary depends on not understanding it.
I know #Bitcoin is important but always remember that the best things in life are not things you own but experiences.
What we truly treasure in the long run comes from experiences. Engaging experiences trump material objects when it comes to deriving lasting happiness. The pleasure derived from things is transitory, but the joy that comes from experiences is enduring.
Don't chase things. Make memories. We are all on a journey. No one lives forever. Be generous to those who cross your path. Give to those who need. Touch hearts and spread happiness, hope, and optimism through your words and actions.
Most of our worries and plans about the future, all of the replays in our minds of the bad things that happened in the past is all in our heads. This worrying just distracts us from living fully right now. Let go of all that and instead focus on what you're doing right at this moment.
You cannot reconstruct the framework of your reactions unless you deconstruct everything first, which you can only do by leaving things behind. Many events in life are outside our control. So we should just let it go and continue putting our best foot forward every day.
And Elon sits in the middle of the circle.
„The Internet is the best school ever created. The best peers are on the Internet. The best books are on the Internet. The best teachers are on the Internet. The best money is on the internet. The tools for learning are abundant. It's the desire to learn that's scarce.“
Netflix, Amazon Video, Disney+ does not cost you $9.99/month, but your time, the most valuable asset you own.
If a book doesn't interest you, you just abandon it to save time and move on to something more interesting. Reading multiple books simultaneously, quitting those that are not engaging, and constanty picking up new ones is the antifragile approach to self-education.
Minimal exposure to mainstream media should be a guiding principle for someone who don’t want to get distracted by unimportant, false and negative BS.
Coming soon to your destination:
„In short order, the whole population would be chipped, and savings, checking, and investment accounts would be eliminated altogether—at which point it would be impossible to buy anything, sell anything, or possess any monetary wealth whatsoever in the absence of a pinhead-sized spy rammed into the back of your neck.“
- The Mandibles
Pack your bags, it’s over. #Bitcoin