The 'error of omission' i.e. missing-out is far less fatal, than the 'error of commission' i.e. opting-in.
Remembering this, helps you protect your hard earned capital from all the money grabs, scams and grifts in crypto.
Hodl #Bitcoin, avoid errors of commission and the upside will take care of itself.
You can - play with options, get a chunk of miners and explore the many leveraged plays.
But you should first - self-custody on chain #Bitcoin in a multi-sig multi-vendor setup.
The former has potential, BUT the later has a proven track record. Choose wisely, think long-term.
When:
1. The money supply is constantly expanding.
2. Interest rates fluctuate unpredictably.
3. Federal Reserve policies shift with every crisis.
Seek refuge in the one asset with unchanging monetary code - 21M, fixed forever.
Study #Bitcoin.
Grifting used to take effort - now it just takes launching a Memecoin.🤡
Avoid the thirst traps of shitcoins.
Instead, study #Bitcoin.
Darwin's book "On the Origin of Species (1869)":
1. It is not the strongest of the species that survives,
2. Nor the most intelligent,
3. But the one most responsive to change
And, #Bitcoin tests your "responsiveness to change".
Predicting #Bitcoin's price is less important than balancing your Bitcoin capital with adequate liquidity.
A regular income, some dirty fiat saved-up earlier or business dividends - ensure liquidity.
People who get this - can't be forced to panic sell their long-term bags.
Be it positive or negative, #Bitcoin doesn't care about PR events, news articles or expert opinions.
It does what it does best - Tick tock next block.
You don't have to be like Saylor or like Schiff.
Tailor your #Bitcoin capital to what works best for you. Have liquidity and stay solvent at all times.
Stacking sats is not a sprint, its a marathon.
Being a Bitcoin sceptic does not hurt you, but being a cynic does.
Study #Bitcoin with curiosity. Question everything, verify instead of trusting, and stay open to changing your mind.
The truth reveals itself to those who seek it.
Before deploying capital into #Bitcoin, understanding it is not optional - it's essential.
Only deep knowledge will allow you to build conviction and Hodl your bags through thick & thin.
It's your hard-earned capital - make sure you understand where you store it.
