With many people out there at least claiming to be millionaires following shrewd investment in Bitcoin, there are a lot of people out there running around with loads of money who aren’t really sure what to do with it except buy loads of stuff and brag about how smart they are for investing in cryptocurrencies.
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Thankfully though, somebody who knows what he’s talking about and is unbelievably rich is her to offer his advice about what to do with your newfound wealth and lifestyle and it’s actually pretty legit advice. His name is Alistair Milne and he was an investor that managed to cash in on the dot com bubble before it burst and also managed to invest in Bitcoin early, which kinda makes me think he’s probably one of the richest men alive and knows what he’s talking about too.
Here’s what he had to say:
'Old man' advice for the newly Bitcoin/crypto rich ….
1/14— Alistair Milne (@alistairmilne) December 18, 2017
Life is a marathon of ups & downs, not a sprint. Always think about downsides and protect yourself … for the future you's sake
3/14— Alistair Milne (@alistairmilne) December 18, 2017
It is boring, but buying a property should give you peace of mind for life … i.e. it is priceless security. If you can, do it. Be ultra-conservative about any borrowing
5/14— Alistair Milne (@alistairmilne) December 18, 2017
Securing yourself allows you to continue to take risks in life and pursue things that truly excite you. You will be liberated to consider possibilities & options that others can't
7/14— Alistair Milne (@alistairmilne) December 18, 2017
Bitcoin may go to $50k, but that doesn't matter – you will never regret setting yourself up for life
9/14— Alistair Milne (@alistairmilne) December 18, 2017
Avoid believing that your wealth makes you extremely smart. It doesn't. Stay grounded, remember where you started and treat everyone as equals
11/14— Alistair Milne (@alistairmilne) December 18, 2017
Invest in yourself (your health, knowledge, etc.)
Your health is your most valuable asset
13/14— Alistair Milne (@alistairmilne) December 18, 2017
Remember to give to those less fortunate than you
14/14— Alistair Milne (@alistairmilne) December 18, 2017
I mean that is pretty boring advice, but you can’t really go wrong with it can you? It all makes sense and will genuinely make you happy and more secure in your life if you follow it.
But hey – they’re your Bitcoins so you can do whatever the hell you want with them. Just trying to give you some friendly advice.
For more Bitcoin, check out the creator of Litecoin selling all his coins. What’s that about then?
