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How Learning and Understanding Bitcoin Changed My Life and the Way I Invest

  • Writer: Dedrick Conway
    Dedrick Conway
  • Jul 14
  • 2 min read
Photo by Kanchanaras Unsplash
Photo by Kanchanaras Unsplash

Looking back over the last six years, I still can't believe it. There's one decision that completely transformed my life: buying and holding Bitcoin.

Before 2019, I was caught up in the adrenaline rush of day trading. Every morning, I'd wake up early, eyes locked on my screen, ready to jump on the next price swing. I was convinced that if I just worked harder, studied more charts, and reacted faster, I'd finally crack the code. But over time, I realized the truth: it was exhausting. The constant stress of trying to time financial markets drained me mentally and emotionally. Sure, there were wins, but losses often canceled them out.


That's when I started asking myself: Is there a better way?

I stumbled into Bitcoin almost by accident, first out of curiosity, then fascination. I started reading everything I could get my hands on: the whitepaper, articles, and interviews with early adopters. And the more I learned, the more it clicked.


I discovered that Bitcoin isn't just another speculative asset. It's a decentralized network with a fixed supply; only 21 million coins will ever exist. No central bank can dilute it. No government can print more. That scarcity is what gives it power. In a world flooded with money, Bitcoin felt like an anchor, something solid to hold onto.


So in 2019, I made a decision that went against everything I had been doing: I stopped day trading cold turkey. Instead, I started dollar-cost averaging into Bitcoin, quietly stacking sats week after week.


At first, it wasn't easy. I watched the price whip around. Some days, it dropped so fast it made my stomach flip. But I'd remind myself why I started. I had done the research. I understood the fundamentals. And most of all, I had the discipline to hold on when it mattered most. And then came the moment I'll never forget seeing my holdings cross into life-changing territory. Not because I got lucky, but because I finally had the patience to let my conviction play out. It was like watching a seed I'd planted years ago finally blossom.


Here's what Bitcoin taught me:

  • Scarcity creates value. Bitcoin's fixed supply is absolute scarcity, and that gives it resilience that nothing else in my portfolio has.

  • Time in the market beats timing the market. My old day-trading habits couldn't compete with simply buying and holding.

  • Conviction and discipline matter more than hype. There were countless moments I could have sold in fear, but staying grounded in what I knew kept me steady.

  • Investing is about more than money. Bitcoin represents transparency, freedom, and a challenge to the status quo.

Today, I no longer view investing as a frantic race. It's a long game, one where education, discipline, and a belief in something bigger than yourself make all the difference.


Buying Bitcoin wasn't just a financial decision. It was a mindset shift that taught me one of the most powerful lessons of my life: the courage to think differently can open doors you never imagined, and the discipline to stay the course can change everything.

 
 
 

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