๐ Build Your Bitcoin Flywheel for Individual Wealth Accumulation ๐
Inspired by Michael Saylor (@Saylor) and MicroStrategy ($MSTR), here's a simple 3-step model to accumulate wealth with Bitcoin. Letโs break it down:
๐ฅ Step 1: Buy and HODL Bitcoin in Cold Storage
๐น Use trusted exchanges like @krakenfx to buy Bitcoin.
๐น Transfer to a sovereign self-custody wallet like @Trezor (go to trezor.io for options).
๐น Golden Rule: Your Bitcoin stack should only grow, never shrink!
๐ซ Avoid ๐ฉ coins โ donโt become exit liquidity for others.
๐ฅ Step 2: Maximize Bitcoin Exposure in Retirement Accounts
๐น For 401(k) rollovers or brokerage accounts, invest in a Bitcoin ETF like:
โ๏ธ Greyscale Bitcoin Mini Trust ETF
๐ Charges just 0.15% annually.
๐ฅ Step 3: Leverage Bitcoin via $MSTR
๐น Buy MicroStrategy ($MSTR) shares to gain leveraged exposure to Bitcoin.
๐ผ $MSTR acts as a corporate proxy for Bitcoinโs growth and volatility.
๐ Key Takeaways
โ Self-custody your Bitcoin for ultimate security.
โ Use ETFs for accounts without custody options.
โ Leverage Bitcoin indirectly through $MSTR for exponential growth.
๐ก Follow these steps to build wealth over time, leveraging Bitcoinโs flywheel like a pro. Let's go #HODL and make it happen! ๐
