• Classic Bitcoin Mistakes Part 3 | Don't F this Up | 085

  • Dec 10 2024
  • Length: 1 hr and 2 mins
  • Podcast

Classic Bitcoin Mistakes Part 3 | Don't F this Up | 085

  • Summary

  • Today Dan and Greg continue the discussion on classic Bitcoin mistakes, with one central message: do not F this up.

    We have the greatest opportunity in history in Bitcoin right in front of us. Wealth and self-sovereignty and freedom. All you have to do is stack and hold. Yet time and again, people make the same mistakes and end up with less Bitcoin than they should.

    Lets reduce those mistakes. Over time, eliminate them. Today we get into some of the biggest mistakes people make every single cycle:

    1. Buying and trading shitcoins.
    2. Using too much leverage
    3. Trying to time the market
    4. Buying too much at the top

    Hey genius, you are not smarter than the market. You have no inside information. But what you do have is the advantage of being in the first 1% of the world to understand Bitcoin - and that is more than enough. Just focus on what matters you will be much happier (and wealthier).

    Not financial advice, just two friends talking Bitcoin and life.

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