Post
Topic
Board Bitcoin Discussion
Re: Lessons of my experience and knowledge about Bitcoin
by
Ale88
on 22/10/2023, 16:43:28 UTC
_ Stick to Bitcoin: it's the real deal. Don't gamble on other cryptos

_ Avoid trading altcoin: you are not a genius trader, you will eventually get burned.

_ Never trust price prediction: no one has a crystal ball.

_ DCA into Bitcoin, emotions aside, No need to time this market.

_ share Bitcoin cautiously, people might think you want to scam them.

_ Attend meet up and conference, the Bitcoin community is awesome.

_ Guide newcomers to the crypto industry to Bitcoin only.

_join #bitcoin Twitter: it's less lonely with fellow holders.

_ Don't Force Bitcoin on others, but be a resource to those who seek knowledge
They are all good tips, but let's not forget that oftentimes you need to make mistakes in order to understand how something works, I wish it was that easy. It's like cooking in a certain way, you have the recipe but maybe you get distracted or maybe you want to change a little the dish and it could turn out better or worse, you don't know if you don't try, cryptos are the same at the end. If you don't lose some money you will never learn, I know it may sound weird but it's the only way sometimes.

As someone else pointed out, I would avoid the meetings with people I don't know.