Insights on Michael Saylor's Bitcoin Principles

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#1Jun 11, 2021, 05:26 AM
Have you guys checked out Saylor's list? Rule 17 really hits home for me. Before Bitcoin, I had no clue how investing worked, but now everything feels so different, right? Definitely changed my perspective on fiat and assets.
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#2Jun 11, 2021, 07:36 AM
Totally agree about rule #4. There’s always more to learn in this Bitcoin world. It’s not just about holding coins, it’s a whole journey of understanding economics and tech. Couldn’t have said it better!
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j0hn.ga5Newbie
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#3Jun 11, 2021, 11:01 AM
Can we talk about Saylor’s commitment? Dude literally went all in and took loans to buy more Bitcoin. That’s some serious conviction. But man, some of his rules sound kinda cheesy. "Laser eyes protect you from endless lies?" Really? Makes us look like a cult.
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mr_bearNewbie
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#4Jun 12, 2021, 04:06 PM
Yeah, I’m with you on not following rule #20. Everyone sells at some point. Even die-hard maxis will cash out when the time’s right. And what's with rule 15? That one's definitely not for everyone.
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GigaOmegaMember
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#5Jun 12, 2021, 09:55 PM
Don't you just love rule #7? It’s so true. Most people think they own property, but nope, only Bitcoin is fully yours. It’s a tough truth to swallow for those who put faith in traditional assets.
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shard777Full Member
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#6Jun 13, 2021, 04:04 AM
So many people just refuse to accept Bitcoin. It's wild. They’ve probably been scammed before and can't see the potential. Bitcoin could actually help them recover financially if they give it a chance.
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sam.ninjaMember
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#7Jun 13, 2021, 10:11 AM
I think rule #20 is a bit too absolute. Sure, it works for Saylor and Microstrategy, but for most regular holders, that’s not realistic. We’re gonna have moments when we need to sell, even if we don't want to.
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0xBossFull Member
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#8Jun 13, 2021, 02:24 PM
Bitcoin really shifts your mindset about money and freedom. You start to question everything. It humbles you and makes you think long-term. Absolutely agree with Saylor on #17.
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alt51Newbie
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#9Jun 13, 2021, 08:35 PM
I believe Bitcoin is for everyone, but people are just SO scared. Holding Bitcoin is going to be so profitable eventually. Saylor’s points are valid and should motivate more to invest while prices dip.
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pixel404Newbie
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#10Jun 14, 2021, 02:46 AM
True, it doesn't matter when you buy. Bitcoin's price will just keep climbing in the long run. Even if you bought at a high point, you can still make money eventually. Many have changed their financial futures thanks to early Bitcoin investments.
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serHero Member
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#11Jun 14, 2021, 05:06 AM
Saylor needs to chill with these rules though. Bitcoin isn’t a religion or some commandments we need to follow. It’s decentralized, not some centralized gold standard.
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#12Jun 14, 2021, 08:54 AM
It’s interesting how Saylor’s rules seem like personal insights from his experiences. A lot of us peons here can relate, especially rule four. I feel like some people support the norms without understanding the actual tech.
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0xHodlerMember
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#13Jun 14, 2021, 01:15 PM
LOL, I just watched my friend sell all his property to buy Bitcoin after hearing all this. And newbies are jumping in with both feet. Saylor is a character for sure.
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WildWolfMember
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#14Jun 14, 2021, 04:36 PM
Not a fan of rule #14 at all. Why should we NOT be against Fiat? If Fiat was all that great, Bitcoin wouldn’t even exist! It’s toxic and does way more harm than good.
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MadNovaHero Member
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#15Jun 14, 2021, 05:06 PM
I hate it when people act like Bitcoin's a cult. Rule #20? Seriously, if we just hold forever, then what's the point of Bitcoin being money? You can't keep it with you when you’re gone.
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ColdGangMember
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#16Jun 14, 2021, 09:12 PM
Billionaires’ rules don’t impress me. They all want to profit honestly. Bitcoin's flexibility is key, it’s all about how each person uses it.
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#17Jun 16, 2021, 11:17 PM
Let’s dive deeper into rule #5. I feel it mirrors our reality so well right now. Bitcoin’s chaos often leads to price bubbles. It’s kinda like a wild ride we just have to get used to.
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0xN1njaSenior Member
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#18Jun 17, 2021, 02:10 AM
Saylor’s rules seem more like tips than strict rules. Like, life happens. Sometimes you gotta sell Bitcoin for emergencies or to grab opportunities. Otherwise, how would anyone make a profit?
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stacksatsHero Member
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#19Jun 17, 2021, 08:30 AM
I see outsiders thinking crypto enthusiasts live a weird lifestyle. But some advice out there feels way too simplified and hollow. It’s investment, not just a casual hobby.
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CalmMinerFull Member
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#20Jun 17, 2021, 08:37 AM
Gotta say, I don’t fully agree with some of Saylor's quotes. Especially rule 14. Just because Fiat led to Bitcoin doesn’t mean we can't criticize it. Fiat's harmful, and more people should realize that.
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