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14 contributions to First Step Bitcoin
23d •
What do you do when Bitcoin drops to $79K?
Check out this message from my 14 year old He’s been buying Bitcoin since before 10 years old He’s seen the ups and downs but he has a basic understanding of how scarcity and supply and demand drive the price of bitcoin higher over the long run He’s seen how volatile it can be over the short run but already has developed a long-term mindset with bitcoin He thinks in decades instead of days He knows he’s buying bitcoin for what it will do for him 20, 30, 40 years from now He’s not worried about what it’s going to do in the next few days, weeks, months, or even the next few years Getting through the first four years of your bitcoin journey is probably the hardest But once you do, you’ll be like him and get really excited when the price of bitcoin drops And just like him, you’ll know exactly what to do with the extra money you have laying around
3 likes • 23d
That is perfect that your son is already thinking of his future at such a tender age . Great job dad !! He’s buying bitcoin instead of video games !!!
Nov '25 •
💬 What’s your preferred Bitcoin wallet security stack — hardware, multisig, or custody hybrid?
Everyone protects their Bitcoin a little differently. Some rely on hardware wallets, some spread keys across multisig setups, and others mix in trusted custody solutions. What combo do you think gives the best balance of security and peace of mind? ⚡
1 like • 24d
@AP Wilcox what is open source? I have never heard of that term?
27d •
What’s harder—saving money or buying Bitcoin?
For me, everything seems to be hard if I don’t have a process for doing things and a habit of showing up and getting them done. Is it hard for you to save money? Or is it harder for you to buy bitcoin? Where are you right now? Is it harder for you to save money, or to buy bitcoin?
2 likes • 27d
I think the best way to go about either is to pay yourself first . With all the new technology and saving apps that it’s so much easier to just set and forget . 20 percent of your pay if that is possible should automatically go to either savings , investments or bitcoin before you pay your bills buy a cup of coffee. If we wait to save till after bills are paid there would never be anything left . So I feel because of this and being human nature is to pay yourself first . This way you definitely know that you are investing and saving for your future self . But that is just my thoughts on the matter . It’s all about consistency behavior and building healthy savings habits . Shift are mindset from how much can I spend to how much can I save . Just my thoughts and how I go about it
2 likes • 27d
It can be difficult at first but as life gets busy we often forget when it comes to savings investing and bitcoin that it’s 80 percent behavior and 20 percent math . In most cases it’s a behavior problem not a math problem. Consistency creates good behaviors . And behaviors turn into habits . What helps me stay consistent is I see it as paying my future self . I pay my future self first before I buy a cup of coffee or pay any bills and that has always worked out well for me . Then all I have to do is figure out does it go into my emergency fund fund or bitcoin
Sep '25 •
What will you do the next time Bitcoin has a big price drop?
From my experience, a big Bitcoin price drop is not a question of if, but a question of when. Big price drops are not unique to bitcoin either. I’ve been investing for over 30 years and everything I have invested in has had a big price drop at one time or another. So what are you going to do the next time Bitcoin has a big price drop? How will you handle it? Let us know your game plan in the comments. If you don’t have a game plan yet, please let us know if you have any questions or concerns. I’ll drop my thoughts in my game plan in the comments as well.
2 likes • Sep '25
To hold , it will recover eventually
Aug '25 •
Hodl to estate planning.
Does anyone know what steps do we take to go from hodl to estate planning . How do we secure it so that it can be safely turned over to our heirs when we pass . Bitcoin is not like a broker account or a mutal fund where we can just add a benifiary and then it can be safely transferred. Lots of people can either be scared of self custody or do not truly understand it
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Active 8d ago
Joined Aug 18, 2025
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