Bitcoin: buy, hide, and forget

In 2017, when I was in college, a couple of months before the then Bitcoin surge, I had a choice: upgrade my dying HTC One X+ to an iPhone 7 or buy Bitcoin with all the money I had. I chose to upgrade my phone.

Did I know that it would reach 20k at some point? I didn’t expect it. Did I know it would grow so much in the long term? Always. And I’m sure it will be worth even more. Do I regret my choice? Yes.

But I don’t mind. Just like back in 2013, when my friends and I would grab a few thousand satoshis every hour — at the time, it was pocket change, if not dust. Some later spent them at casinos or on the roulette wheel, some invested in “cloud mining,” and some added about 20 dollars for a plane ticket. And everyone lost it all.

This doesn’t mean that there were always thoughtless expenses of this precious digital gold. Partly, it was part of the practice. Personally, I always kept a portion of untouched funds in my wallet.

Later on, I repeatedly told and continue to tell all my friends and family that you shouldn’t be greedy, you shouldn’t expect instant profits, and you shouldn’t get into trading on exchanges, especially if you’re not experienced in it (there are plenty of other manipulative coins for that).

Ideally, Bitcoin is your future pension or maybe even an inheritance for your children. Just buy and forget. Set up a wallet, write down your words, hide them, and forget about it, but in a way that you won’t lose them. Don’t read the news, don’t follow the price, and focus on something that interests you.

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If you like what I do, you can support me by sending a few satoshis to:

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