Dollar Cost Average (DCA): This means buying a fixed amount of Bitcoin at regular intervals regardless of the price fluctuations. This can help you accumulate more Bitcoin over time and reduce your exposure to volatility.
Accept Bitcoin: If you have a business or offer a service, you can accept Bitcoin as a form of payment from your customers. This can help you increase your revenue and attract more customers who prefer to use Bitcoin.
Don’t Sell To Exchanges: If you need to sell some of your Bitcoin, try to sell it directly to other people who want to buy it. This can help you avoid paying fees to exchanges and also reduce the selling pressure on the market.
Do Not Keep Your Bitcoin On An Exchange: If you store your Bitcoin on an exchange or a custodial wallet, you are not in full control of your funds and you risk losing them if the exchange gets hacked or goes bankrupt. You should keep your Bitcoin in a non-custodial wallet that only you have access to. This can help you secure your funds and also reduce the supply of Bitcoin available for trading on exchanges.
Only Spend Bitcoin With HODLers: If you need to spend some of your Bitcoin, try to spend it with merchants or individuals who also hold Bitcoin and do not sell it immediately. This can help you support the Bitcoin economy and also prevent the circulation of Bitcoins that could be sold later.
Spend And Replenish: If you spend some of your Bitcoin, try to buy back the same amount or more as soon as possible. This can help you maintain or increase your holdings and also put upward pressure on the price by increasing demand.
Share These Values With Other Bitcoiners: If you know other people who use or are interested in using Bitcoin, try to share these tips and values with them. This can help them understand how they can contribute to increasing the value of Bitcoin and also create a stronger community of like-minded people.