Anyone can buy Bitcoin. But it takes work and emotional resilience to hold it.

Having held for a couple years now.. I’ve been thinking about this a bit during this dip…

Bitcoin has forced me to face fear and anxiety. The human brain loves to ‘what if’, and over time I’ve come up with a few principles to help me make the right choices, especially when the emotional alarm bells ring during market sentiment shifts. Here they are in personal order of importance:

1. Have an undeniable stack of evidence for the work you’ve done to build conviction. All the hours of research, books, podcasts, the whitepaper itself etc. Know what you hold.

2. Limiting where your attention goes. It’s not worth paying attention to every bit of news. Delete twitter and (ironically) reddit. If news is important enough it will show up regardless.

3. Not putting in more than you can afford to lose. There’s a relationship between greed and fear. Manage your greed, and the fear won’t be as extreme.

4. Acceptance. At the end of the day, we all live one short life and then die. All we can do is try our very best to make educated decisions along the way. Beyond that, whatever happens happens. If you made a mistake, so be it. Do your best, forget the rest.

What works for you?