Not surprisingly I’ve been getting a lot of messages from people now interested in bitcoin asking for advice. Here’s what I recommend:
Step 1: Get off of zero! It is now irresponsible not to own any. Buy an amount you can stomach going down 30% if a pullback occurs. /1
Step 1: Get off of zero! It is now irresponsible not to own any. Buy an amount you can stomach going down 30% if a pullback occurs. /1
Step 2: Learn the basics and read the following:
1. The Bullish Case for Bitcoin by @real_vijay
2. The Bitcoin Standard by @saifedean
3. Inventing Bitcoin by @skwp
Also, here’s a shameless plug for my article:
https://chrisgimmer.com/bitcoin-reserve-asset/
/2
1. The Bullish Case for Bitcoin by @real_vijay
2. The Bitcoin Standard by @saifedean
3. Inventing Bitcoin by @skwp
Also, here’s a shameless plug for my article:
https://chrisgimmer.com/bitcoin-reserve-asset/
/2
Step 3: Starting listening to podcasts:
@TFTC21 w/ @MartyBent & @matt_odell
@stephanlivera podcast
Bitcoin Fundamentals w/ @PrestonPysh
WBD w/ @PeterMcCormack
Once BITten w/ @princey1976
Bitcoin Audible w/ @TheCryptoconomy
Swag Signal w/ @CitizenBitcoin
BRF w/ @johnkvallis /3
@TFTC21 w/ @MartyBent & @matt_odell
@stephanlivera podcast
Bitcoin Fundamentals w/ @PrestonPysh
WBD w/ @PeterMcCormack
Once BITten w/ @princey1976
Bitcoin Audible w/ @TheCryptoconomy
Swag Signal w/ @CitizenBitcoin
BRF w/ @johnkvallis /3
Step 4: Start stacking sats daily/weekly.
Canadians: Check out @shakepay
Americans: Check out @SwanBitcoin or Cash App
If you’re outside of North America ask the international Bitcoiners for recommendations.
/4
Canadians: Check out @shakepay
Americans: Check out @SwanBitcoin or Cash App
If you’re outside of North America ask the international Bitcoiners for recommendations.
/4
Step 5: Self-custody
Once you feel comfortable, you should run your own node and take possession of your bitcoin.
I recommend using @SpecterWallet and @COLDCARDwallet with a passphrase. As for dedicated nodes, look into @mynodebtc or @getumbrel
/5
Once you feel comfortable, you should run your own node and take possession of your bitcoin.
I recommend using @SpecterWallet and @COLDCARDwallet with a passphrase. As for dedicated nodes, look into @mynodebtc or @getumbrel
/5
Step 6: Continue down the Bitcoin rabbit hole. It is a never ending journey and there is plenty more to learn!
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