It wasn't to be glued to charts, stressed out about price moves, and constantly wondering whether it’s a good time to buy or sell.
I'm guessing you bought Bitcoin for the same simple reason I did: To improve your family’s quality of life.
Bitcoin captivates us because it offers a clear path to freedom.
The freedom to wake up excited to work on things that actually matter to you.
The freedom to take your friends and family on holiday and make priceless memories.
Complete control over your time.
This is a rare type of freedom that few people in history have enjoyed.
But Bitcoin has made it reality for many hodlers.
Hodling Isn't Easy
Many hodlers have watched the majority of their hard-earned wealth evaporate in front of them during drawdowns.
We know the pain of volatility.
But those who keep the big picture in mind and act strategically while everyone else is panicking do the best in the long run.
Staring at price charts and allowing the headlines to sway your emotions is the fastest path to ruin in Bitcoin.
That’s why it’s critical to ALWAYS keep the three Golden Rulse of Hodling in mind.
The Golden Rules of Hodling
Embrace the market cycles.
Establish crystal-clear goals.
Build an all-weather Bitcoin plan.
Embrace The Market Cycles.
Unless human nature changes, you need to expect market cycles.
There may not be a Bitcoin cycle every four years, but you cannot allow yourself to be surprised by a crash, or a price spike, or boring sideways price action.
Volatility should be your baseline expectation while you hold BTC. And once it is, you can either hodl with peace of mind, or you can begin strategically stacking the fear and selling the greed.
StackWisely has a simply Cycle Index that makes it dead simple to see where we are at in the long-term market cycle so you can properly calibrate your expectations.
We also narrowed down the 6 most useful long-term indicators to monitor and combined them into a single, easy to understand number that tells you where we are in the market cycle.
StackWisely shows you where we are in the market cycle at a glance.
Once you accept the cyclical nature of Bitcoin, you will grow comfortable with the idea that crashes become likely when the Cycle Index is high, and price spikes become likely when the cycle index is low.
This big picture approach can help you make much better decisions when it comes to buying and selling, and it can make the journey much more enjoyable.
You can be the calm one who holds their nerve while everyone else is panicking.
And you can be the wise one who properly sets expectations while everyone else is euphoric.
Establish Crystal-Clear Goals
“How much Bitcion is enough?”
This is one of the most common questions I see.
But it’s impossible to know the answer without clearly establishing your goals.
How much do you want to spend per month to live your dream life?
Do you want to withdraw a lump sum to buy a house in cash one day?
Do you have a certain amount of wealth that you'd like to pass to your children?
You can probably do everything you want for less than one Bitcoin on a long enough timeline…
But the important thing is to set very specific targets and then build a buying and selling plan that helps you achieve those goals as quickly as possible in various scenarios.
For example: Imagine you want to retire on $30K per month (inflation adjusted over time) and never go below 21 BTC.
StackWisely helps you quickly build a plan like that and run it through bearish, base, and bullish scenarios over the next 5, 10, and 20 years:
StackWisely helps you run your buying and selling plans through bullish and bearish scenarios so you can build a plan that works for you.
Build An All-Weather Bitcoin Plan
When can you start selling some Bitcoin to fund your lifestyle?
How much Bitcoin will you likely end up with if you stack $5K per month for the next 5 years?
What will your stack be worth in the likely bear, base, or bull case scenario?
This is where StackWisely really shines.
It makes it easy to create a rock-solid buying and selling plan that helps you reach your goals faster and gives you true comfort in all market conditions by properly calibrating your expectations.
It eliminates a lot of the guesswork that so many hodlers go through: “Should I sell now? If I sell X amount, will I still have enough later on?”
It also helps you get comfortable with the idea of trading some of your stack for your time and freedom.
Because once you can see just how much your BTC will be worth in the future even if you sell some today, you’ll be more comfortable locking in some peace of mind.
Build Your StackWisely Plan
The ability to focus on the big picture is a super power when it comes to succeeding as a Bitcoin Holder.
And eliminating the constant emotional swings that come from holding a volatile asset like BTC can greatly improve your quality of life along the way.
After all, the goal isn’t to live well "one day"…
The goal is to live well today.
And you can’t do that if you’re constantly glued to price charts and stressing out about buy and sell decisions.
With the right approach, your hodling journey will help you grow emotionally and spiritually so that by the time you reach your goals, you are well equipped to steward the wealth you have built.
To that end, StackWisely members also gain access to a private feed of Stack's best ideas for hodling, building wealth, and living well.
