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Relai 🇨🇭
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2024-11-26 17:21:49

Relai 🇨🇭 on Nostr: At this point, bitcoin hitting $100K is inevitable. If you're a newcomer, this post ...

At this point, bitcoin hitting $100K is inevitable.

If you're a newcomer, this post is for YOU.

First of all, welcome to Bitcoin! And no, you're not late. Being "too late for Bitcoin" is like being too late to start eating healthy - impossible.

The party has yet to start. The pre-party has yet to start.

Here are the top 3 things you should know as a newcomer:

1. 💰 Bitcoin isn't about getting rich quickly. It's about not getting poor slowly.

Bitcoin has proven to be the best-performing asset of the decade and a powerful way to save in the long term. Between 2017 and 2024, Bitcoin returned 72% annually.

But don't try to time the market. Treat Bitcoin as your piggy bank and set an automatic savings plan.

Time in the market > timing the market.

2. 🟠 Not all bitcoin are created equal.

There is bitcoin, and then there is paper bitcoin.

If you hold "bitcoin" on an exchange—I hate to break it to you—it is not real bitcoin.

One bitcoin in self-custody is better than two bitcoin on an exchange. We will die on this hill. We recommend BitBox (npub1tg7…cxmt) for cold storage and Cryptotag (npub1esf…jaqa) for your seed phrase storage.

3. ❌ Bitcoin is NOT crypto

Many people make the mistake of lumping Bitcoin and the broader cryptocurrency market together. Comparing Bitcoin to crypto is like comparing chess to casino games.

We are not here to speculate on meme coins or enrich crypto founders - neither should you.

Learning these things is easy with the right education. 📕

Here are our best resources to start with Bitcoin:

📕 Bitcoin standard by saifedean (npub1gdu…6nak) bitcoinbook.shop/products/the-b…
📕 The Bitcoin Handbook by anil (npub14hn…a32x) bitcoinbook.shop/products/the-b…
📕 21 Bitcoin Basics email course: relai.app/21-bitcoin-bas…
📕 Bitcoin. 100 Seiten (German) by Raphael Schön
reclam.de/detail/978-3-1…
📕 Bitcoin in 10 minutes e-book: subscribepage.com/bitcoin-in-10-…
📕 Understanding Crypto Fundamentals by Thomas Jeegers (npub1v0c…l5my): amazon.com/Understanding-…

Bitcoin isn't just an asset - it's a way to take control of your future.

Bitcoin is hope.
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