Blood & Ink: How to Survive Bull Runs

“If you want to compare Bitcoin to something else, compare it to fire, the number zero, the wheel, the printing press, or electricity.”

— Gigi, Legendary Bitcoiner

A few reminders for myself on surviving the Bitcoin bull run:

• “Stay humble, stack sats.” — Matt O’Dell. Quintessential maxim.
• Do not gamble. Do not f*ck around with generational wealth.
• Bitcoin-only. Everything else is a distraction at best, gambling casino most often, and an outright scam/ponzi at worst.
• Focus on the mission. A decentralized, indestructible, ethical global monetary standard. Price is secondary.
• It’s either going to 0 or $1M+. 0 is increasingly unlikely. It’s only $0.1M right now. Play the long game. Think of your future family.
• Contribute to the ecosystem. Run a node, contribute hash rate, educate those who ask, and don’t be toxic—but protect the network.
• Not your keys, not your coins. If you don’t have a private key, you have an IOU.
• “If you don’t know where the yield is coming from, you’re it.” Don’t fall for the myth of something from nothing.
• Put in the proof-of-work. Study. Practice. Train. Do the work.
• 1 year of gain, 3 years of pain. The moments of greatest ecstasy, when everyone’s parents are asking about it, when it all feels inevitable, it will crash. It always does. Be prepared.
• Don’t get rekt. Don’t burn out, don’t lose everything, don’t be Icarus. That’s all it takes. Patience, purpose, conviction, action.

And—enjoy it!

It’s taken a long time and a lot of effort to get here. Lots of time was spent in the dark caverns of 15k when everyone left and got bored of it, after plummeting down from ~68k.

$100k was as obvious—and dare I say inevitable—back then as it is the reality now.

Countries, governments, and the biggest financial institutions of all time are finally coming in. Billions, if not trillions, of dollars flowing into the only true fixed-supply asset in existence? Hoooo boy. Buckle up.

$1M is as obvious now as it will be when it happens.

Play the looooooooong game, and enjoy the ride.
EB.