How to Become a Bitcoin Billionaire in 5 Easy Steps

Rogers Mayaka
Coinmonks
3 min readJan 17, 2024

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Bitcoin is the hottest thing in the world right now, and everyone wants a piece of the action. But how do you get rich with bitcoin? Is it too late to join the party? Fear not, dear reader, for I have the ultimate guide for you. Follow these five easy steps and you too can become a bitcoin billionaire in no time!

Step 1: Buy some bitcoin

The first step is obvious: you need to buy some bitcoin. But how much? Well, that depends on how much money you have and how much risk you are willing to take. If you are a cautious investor, you might want to start with a small amount, say $100 or $1,000.

If you are a daring gambler, you might want to go all in and put your life savings into bitcoin. Either way, you need to find a reputable exchange or broker that can sell you some bitcoin.

Step 2: HODL

The second step is simple: HODL. HODL is a term that originated from a typo in a Bitcoin forum post in 2013, where a user misspelled the word “hold”. It has since become an acronym for “Hold On for Dear Life”, meaning to keep your bitcoin and never sell, no matter what.

HODLing is the best strategy for bitcoin investors, because bitcoin is volatile and unpredictable. You never know when it will go up or down, so trying to time the market is futile and risky. The only way to make sure you don’t miss out on the huge gains is to HODL and wait for the moon.

Step 3: Ignore the FUD

The third step is crucial: ignore the FUD. FUD stands for “Fear, Uncertainty, and Doubt”, and it is the enemy of bitcoin investors. FUD is spread by the media, the governments, the banks, and the haters, who want to scare you into selling your bitcoin and giving up on your dreams.

They will tell you that bitcoin is a bubble, a scam, a ponzi scheme, a waste of energy, a tool for criminals, and a threat to civilization. They will tell you that bitcoin is doomed to fail, that it has no intrinsic value, that it is too slow, too expensive, too complicated, and too dangerous.

They will tell you that you are stupid, crazy, greedy, and irresponsible for investing in bitcoin. Don’t listen to them. They are wrong, they are jealous, they are afraid, and they are missing out. Ignore the FUD and trust the fundamentals.

Photo by Austin Distel on Unsplash

Step 4: Enjoy the memes

The fourth step is fun: enjoy the memes. Memes are the lifeblood of the bitcoin community, and they are a great way to cope with the roller coaster ride of bitcoin. Memes are funny, clever, creative, and relatable, and they capture the essence of bitcoin culture.

You can find memes on [Reddit], [Twitter], [Instagram], and you can share them with your friends, family, and fellow bitcoiners. Memes will make you laugh, cry, and cheer, and they will remind you that you are not alone in this journey. Enjoy the memes and join the conversation.

Step 5: Repeat

The fifth and final step is easy: repeat. That’s right, just keep doing steps 1 to 4 over and over again, and you will be on your way to becoming a bitcoin billionaire. Buy more bitcoin, HODL, ignore the FUD, enjoy the memes, and repeat. It’s that simple.

Of course, there is no guarantee that bitcoin will make you rich, and you should always do your own research and be prepared for the worst. But if you believe in the vision and the potential of bitcoin, and you have the patience and the courage to follow these steps, you might just achieve your dreams. Good luck and happy HODLing!

Info: rogersnyakwara@gmail.com

linkedin: https://www.linkedin.com/in/rogers-mayaka/

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