Oddbean new post about | logout
 Ways to lose Bitcoin:

 - leverage
 - custodians
 - trading
 - buying shitcoins
 - buying jpgs
 - bad opsec
 - chasing yield
 - hot wallets
 - software exploits

Don't put yourself in a position to lose coins. 
 Where is "- Bitcoin IOU"? 
 Ok I will just buy the BlackRock spot ETF 🤣 
 Violates custodian rule  
 My bad missed that one 
 Trading 🫡 
 - careless seed phrase storage 
 THE KEY IS TO STAY HUMBLE AND STACK SATS - EVERYONE OVERCOMPLICATES IT 
 Until mempools never clear and you've simply stacked sats without UTXO management. Now your daily DCA costs more than it's worth to spend.

If I can add a little complication, STAY HUMBLE, STACK SATS, AND STUDY BITCOIN 
 Ooh ure gonna make me (meme template here) learn how to check change address in signed json files 
 You forgot boating accidents 
 Indeed, we have all lost our bitcoin this way. 
 Can confirm leverage 
 - forgetting the brain wallet 
 froget about HTLC aka lightning