I’ve been holding 0.5 Bitcoin since 2017. Back then, I got it almost by accident — I invested in a pyramid scheme that paid rewards in cryptocurrency. At the time, I had no idea how valuable this asset would become. Years later, here are the key lessons I’ve learned from my experience with Bitcoin:
1. Don’t sell in panic. In 2018, I watched Bitcoin drop from $20,000 to $3,000. There was a strong temptation to sell, but I held onto my coins, remembering that everything is cyclical.
2. Always think long-term. Bitcoin isn’t designed for quick profits. Its real value unfolds over time.
3. Never invest more than you can afford to lose. The crypto market is highly volatile, and the risks are always significant.
4. Store your coins securely. Use cold wallets to protect your savings from hackers or loss of access.
5. Ignore short-term price predictions. No one can accurately forecast tomorrow’s price. Focus on the asset’s potential over the years.
6. Don’t sell everything at once. Even if the price seems high, keep some of your coins to benefit from future growth.
My experience has taught me that patience and strategy are the keys to successful $BTC investing. Perhaps these tips will help you on your journey as well.
Are you interested in hearing the full story of my Bitcoin journey starting in 2017?