Main goal: share some thoughts on bitcoin and stoicism
Context: this year, I decided to run stoicism in my live trough practices, putting discipline, habits and learning in the run. In my fifth day learning, I already learned four things and kept me thinking: this is similar to what we practice with bitcoin.
Resolution
Every week, I'm going to learn something and when I find something interesting to share, I'll put it here.
Week 1: Admit you have no control
The hardest part of being a hodler is when you have doubts about what you did. At the time of this writing, the average hodler is ~25% down if we use the BTC/USD pair; the plan dictates we should keep stacking sats while we educate ourselves, share our thoughts, debate about the future and most important thing: control our actions.
There are things, we the plebs, can't control:
- You have no power over the bitcoin price. Up and down as usual, people dictates, some rekts, some winners but control over the price? You? Zero.
- You have no power when people talk bs about bitcoin. Nocoiners, shitcoiners, scammers...they do always what they do best: talk BS. Either listen to them or...ignore it.
- You have no power over external actions (Russia, Ukraine, Feds and a large etc). Unless you have direct contact with Putin or the Feds, chill the fuck down and learn about your limits, master Wayne.
There are thigs, we the plebs, have absolute control:
- We have power over our bitcoin when we use our own private keys and keep SAFU, out of exchanges and middlemen. For example, you hav concerns about the safety practice of some exchanges; you have -mostly- zero power over their management decisions but you have the power to keep your sats out of their hands.
- We have power about what are we going to listen, read, educate. For example, you are trying to mastering some programming and you have concerns about Lightning Network. Instead of keep reading shitcoinery or Nassim Taleb, why not take courses to learn programming? I study for instance at Platzi, with the Plebs or Lisa Neigut (aka) Nifty's course.
- You have power over your internal actions. Control yourself and always ask: is this as bad as they portait? Is this the end of the crypto as we know? Sir, please, breath, think.
That's it for this first week.
Oh, and keep stacking sats, stay humble, learn stuff and take care of people/animals you love.