@robustus
Bitcoin is up 200,000% in the past 10yrs. To hold it for that period, you had to:

- Not sell a 10-bagger (usually a top career investment for people)

- Not sell a 100-bagger (prob life changing)

- Not fall for a scam

- Not get hacked

... 1/
https://twitter.com/robustus/status/1564676713174519809?s=21&t=9b-zdmyQh-MAA3xQ_5SuvA


@robustus
2/
 
- Not have your coins on one of the 50% of exchanges that ended catastrophically before 2015

- Not trade-in your BTC gains from the 2011 bull run for gold in 2012 (worst trade in human history?)

- Not think you "missed the bus" in 2010/11
https://twitter.com/robustus/status/1564676810373308421?s=21&t=9b-zdmyQh-MAA3xQ_5SuvA


@robustus
3/

- Not have your coins in one of the many early "web wallet" services that ended catastrophically

- Not have your coins in some legit biz/service that turned into a ponzi due to mismanagement

- Not forget about your coins, forget your wallet pw, lose your keys
https://twitter.com/robustus/status/1564676926966534144?s=21&t=9b-zdmyQh-MAA3xQ_5SuvA


@robustus
4/

- Not *actually* be "in it only for the tech", causing you to spend 80k BTC on pizza in 2010, hodling nothing

- Not get bogged down in interpretation of Mises Regression Theorem, causing you to not buy BTC despite being active on bitcointalk while Satoshi was still posting
https://twitter.com/robustus/status/1564677167241363457?s=21&t=9b-zdmyQh-MAA3xQ_5SuvA


<snipped just for brevity..awesome post!>