7 Rules of Bitcoin

1st rule: Never short Bitcoin.

2nd rule: Never wait for the bottom.

3rd rule: 4 year cycle is: Accumulation, Growth, Bubble, and Crash.

4th rule: DCA buy weekly/monthly during the Accumulation and Growth years.

5th rule: Sell a fixed number weekly/monthly during the Bubble year to lock in profit.

6th rule: Never sell more Bitcoin than you've bought each cycle. Ideally, leave half for the next cycle.

7th rule: Profits are taken from fools who think they don't have to follow the rules.

submitted by /u/mrmichaelrb to r/Bitcoin
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Quelle: bitcoin-en