At the beginning of 2020, I bought my first satoshis. Like many, I didn't really understand what I was getting into—but I knew it was something important. Since then, I've held my position through rallies, crashes, hype cycles, and market crashes.
Here's what I've learned—useful advice for anyone trying to navigate the wild world of Bitcoin and cryptocurrencies:
🧠 1. Ignore price predictions and the hype around altcoins.
Most predictions are just noise. Most altcoins are just narrative. Stay focused, keep up with the market movements and always do your research (DYOR).
📉 2. Traditional media almost always gets Bitcoin wrong.
If you base your strategy on newspaper headlines, you're already late.
📋 3. Have a plan—and stick to it.
Emotional decisions are costly. Define your goals, time horizon, and exit strategy from the start.
📈 4. Embrace DCA (Dollar Cost Averaging).
Accumulate steadily over time: it's a quiet but powerful way to build wealth. Add some "smash buys" when conviction is strong.
🤫 5. When you win, do it quietly.
Success in crypto can attract unwanted attention. Protect your peace and your privacy.
Whether you're just starting out or have already gone through various market cycles, remember: time in the market beats trying to time the market. HODLing is simple, but not easy. You will be tested emotionally, mentally, and financially. Volatility is the price to pay for long-term freedom.
Continue to HODL. Accumulate consistently. Think long-term.