The path from nocoiner to Bitcoin millionaire

• Dismiss it as a fad
• See something that makes you reconsider your initial opinion
• Buy a small amount of Bitcoin
• Go down the rabbit hole
• Buy more Bitcoin
• Find the rabbit hole has no bottom
• Buy more Bitcoin
• Second guess everything you think you know about money
• Buy more Bitcoin
• Figure out your risk management strategy
• Buy a lot more Bitcoin
• Download a hot wallet
• Transfer some Bitcoin to your hot wallet
• Buy a hardware wallet
• Write your seed phrase down on paper
• Stress out about where to store your paper backup
• Memorize your seed phrase
• Remember that you forget things a lot and once almost accidentally burned down a fire department
• Buy a steel seed phrase backup in case of fire or memory loss
• Stress out about losing your bitcoin because you don’t know what you’re doing
• Stress out about losing your bitcoin on the exchanges
• Finally get your coins off exchanges
• Get a vault to store your hardware wallet
• Get a second separate vault to store your steel seed phrase backup away from your hardware wallet
• Realize your family won’t be able to figure this out on their own when you die.
• Realize you don’t trust anything or anyone not to steal or confiscate your keys
• Start researching multisig, wonder if it’s really a better idea than single sig
• Second guess everything you think you know about Bitcoin
• Buy more Bitcoin at $69,420 like a degenerate
• Watch your cash position lose 25% of its purchasing power in four years
• Consider whether your risk management strategy should be revised or just thrown out the window
• Buy more Bitcoin
• Question whether you’ve joined a cult
• Buy more Bitcoin

This is not investment advice.