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Successful Bitcoin and Cryptocurrency Investing Requires More Than Just Buying a Coin:

Planning, Emotional Management, and Information Gathering Are Key

👋GM DeFions

Investing in Bitcoin and other cryptocurrencies is not simply a matter of buying a single coin and expecting to become rich overnight. In order to achieve success, it is necessary to develop systems, manage emotions, and gather information in order to make informed decisions. Despite the common belief that early adopters of Bitcoin and crypto are all wealthy, this is not always the case, even among popular influencers who have earned their wealth through content creation.

The timing of one's entry into the market and their level of conviction also play important roles in their success. Just like any other pursuit, there is a learning curve to investing in cryptocurrencies, and it may take time to fully understand the principles and nuances involved. For example, it took me about four years in the industry to gain conviction and almost two more years to develop a deep understanding of Bitcoin as the soundest form of money and the only true asset one can own.

Investors must also be patient and persistent, as success may not come immediately and may require weathering multiple market cycles. Altcoins can represent an investment opportunity for some investors, providing a means of accumulating capital for both life expenditures and further investment in Bitcoin. To assist aspiring investors on their journey, this newsletter and YouTube channel aim to offer guidance and insights. Join us to discover the path to successful Bitcoin and cryptocurrency investing!

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