I am a Bitcoiner trying to share with the rest of the world the importance Bitcoin will have in the future by writing articles about its revolution every day. In addition to my activities to share the good word about Bitcoin, I have a keen interest in personal development.
As such, I often study the writings of the Stoics. And I must say that I find many similarities between some of the rules of the Stoics and those that you need to follow to become a real Bitcoiner.
Before moving on, I think a little reminder of what Stoicism is may be important to those discovering this intellectual movement for the first time. Stoicism is a personal moral philosophy influenced by its logical order and its views on the natural world.
The Stoics are particularly known for their moral teaching that “virtue is the only good” for human beings and that external things such as health, wealth, and pleasure are neither good nor bad in themselves, and have value only as a “substance that virtue can represent.”
Below, I will share with you 10 rules that Stoics follows that will help you become a true Bitcoiner over time.
1. Focus on what you can control
The majority of people come to buy bitcoin in order to get rich. This is normal, as the price of Bitcoin has seen a massive rise since its inception. However, those who have stayed in this world understand that Bitcoin is much more than that.
Bitcoin is all about power not money. With bitcoin, you gain access to the most important thing of all: control of the fruits of your labor. Bitcoin is a savings technology that allows you to protect your possessions from the ravages of monetary inflation and censorship.
Instead of wasting your time watching the bitcoin price change frantically every day, you need to focus on what you can control. What you can control is to protect the fruits of your labor. To do this, you need to ensure the security of your bitcoin by having the associated private keys.
Next, you should seek to deepen your knowledge of Bitcoin and money to continuously build your confidence in this amazing monetary revolution. Everything else is of little importance.
2. You control how you respond to things
Whatever happens in the bitcoin world, only you decide how you will respond to events. When the bitcoin price suffers a major crash like the one that happened in May 2021, you are the one who has the ability to remain a bitcoin hack no matter what, without panicking. When the bitcoin price rises sharply to nearly $65,000 as it did in April 2021, it is up to you to keep your nerves strong so as not to succumb to the temptation to sell bitcoin for US dollars.
You have no interest in trading hard money for poor money anyway. Once you can take a long look at Bitcoin, you will really be able to control your emotions. You will then be able to become a real Bitcoin customer.
3. Time is more valuable than money and possessions
Bitcoin is not here to make you rich, but rather to prevent you from becoming irreparably poor due to the current monetary and financial system. Bitcoin makes you realize that the most important thing is the time you spend on earth.
Bitcoin is the rarest thing on earth, after the passage of time.
By protecting the fruits of your labor from monetary inflation and censorship, You will have the freedom to live your life on your own terms. This is worth more than any money or material possessions you may have. Real Bitcoiners have understood this for a long time. That’s why they keep accumulating bitcoins no matter what month after month.
4. You are the product of your habits
In life, you are a product of your habits. This means that it is better to develop good habits over time to achieve the success you aspire to. In the world of Bitcoin, the good habits that you need to develop can be summarized as follows:
- Learn Bitcoin
- Buy Bitcoin (in dollar averaging mode)
- HODL bitcoin in cold storage
- Repeat step 1.
Getting the most out of bitcoin is no more complicated than that. Unfortunately, very few people can continue This is the simplest and best strategy in the world of Bitcoin.
If you can do this, you will be among those who will be rewarded the most by the Bitcoin revolution in the future.
5. Don’t compare yourself to others
I constantly see people saying they want to buy bitcoin, but they hesitate because they feel it’s too late. These people compare themselves to others and tell themselves that they would also like to buy bitcoin for less than $10,000.
This tragic mistake could cost you an amazing Bitcoin adventure in the coming years.
Instead of comparing yourself to others by looking at the price they paid for their bitcoins, you should just look at what bitcoin has in store for the future. Bitcoin exists to protect the fruits of your labor. Buying bitcoin is a good thing regardless of the price in US dollars. What Bitcoin offers you is priceless. If you focus on yourself, you will be able to see and enjoy it.
6. Focus on the process, not the results
This rule of Stoics is fundamental to the world of Bitcoin. Bitcoin is a once in a lifetime adventure. Instead of seeing only money and the possibility of getting rich in the future, you need to focus on this process.
You regain your strength on the fruits of your labor. You need to focus on everything that is being built block by block in the bitcoin world.
Enjoy this unique cash revolution that you are lucky enough to witness for yourself as a Bitcoin HODLer. This is how real bitcoin customers see things, and it allows them to separate themselves from the short-term price of bitcoin to take a long-term view that makes all the difference.
7. Don’t be afraid to ask for help
In the world of Bitcoin, knowledge is the best ally to gain confidence to become a Bitcoin HODLer customer no matter what. The Bitcoin logo is well known:
“Don’t trust, check.”
If you have any doubts, you should always seek help from other Bitcoin customers who have more experience than you. They will be happy to help you understand Bitcoin and money better.
Not being afraid to ask for help is an essential part of your journey to becoming a true Bitcoiner customer.
8. Only associate with people who make you better
Once you buy bitcoin for the first time, you will quickly notice that some people will do anything to try and convince you that you need to diversify. To hear them say it, bitcoin will not always be king of cryptocurrencies. In fact, you need to prepare for the future by diversifying. Diversification in the Bitcoin world is a complete illusion. Only bitcoin is important in the long run.
To avoid getting trapped, you have to surround yourself with people who make you better. This means following the right people in the Bitcoin community rather than following the people who promote altcoins, commonly called s**tcoins. So it is in your best interest to talk to other real bitcoins as often as possible.
9. The property of yours only in trust
Bitcoin empowers you. It gives you great power, but that power comes with great responsibility. With bitcoin, it is up to you to ensure the security of what you own. You only own the amount of Bitcoin that you have the private keys associated with. So you should always keep in mind the golden rule of the bitcoin world:
“It’s not your keys, and it’s not your bitcoin.”
Bitcoin represents the right to vote for a better world. By allowing a third party to obtain the private keys to your bitcoin, you are allowing that third party the right to control your bitcoin. You agree that this is unreasonable. It is up to you to make sure that you do not leave your bitcoins on the exchange for longer than necessary.
10. The Ego is the Enemy
In life in general, the ego is the enemy. You must remain humble no matter what. Being among the early adopters of the Bitcoin revolution will place you among the most rewarding in the future. However, you should always remain humble. This means helping newcomers open their eyes to this unique monetary revolution.
It also means keeping your cool by focusing only on the amount of bitcoin you use. For a real Bitcoiner, this is the only number that matters.
If bitcoin existed in the time of the Stoics, they would almost certainly have embraced this amazing revolution that restores power to the people. By applying these basic rules of Stoic philosophy, over time you will become a real Bitcoiner. One last rule from Epictetus that perfectly sums up everything I just told you:
“Don’t explain your philosophy, embody it.”
It is up to you to embrace the philosophy of a true Bitcoiner to take full advantage of Bitcoin in the coming years.