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#GM09 – Don’t Wait Until DEFCON 1 to Take Ownership of Your Bitcoin

GM Bitcoiners,

Have you ever been in a rush to go out, and the following happens?

  • You turn on the tap too hard, and water splashes all over you
  • You lose your phone 
  • You stub your toe

The world rewards speed and taking action… but it doesn’t reward ‘panik’.

It gets especially bad when you have to complete simple or mundane tasks while in a rush. 

Ironing a wrinkled shirt when you’re late…

Waiting in a traffic jam on the way to the airport…

It’s the worst. 

Emotions run high. People make silly mistakes. 

In the world of Bitcoin, a ‘silly mistake’ can have dire consequences. This is why you don’t want to wait until DEFCON 1 before fully securing your Bitcoin. 

Maybe you haven’t bought any Bitcoin.

Maybe you’ve accumulated some Bitcoin savings but haven’t taken ownership of the keys.

Perhaps you haven’t revisited your current security setup to ensure you’re still familiar with everything.

Regardless of where you are in your Bitcoin journey, what you don’t want to be doing is dealing with your Bitcoin in ‘panik’ mode.  

Set aside some time weekly or monthly to think about what you should be focusing on. 

Want to focus on saving more sats? We can help at – set up your Auto-savings plan today, so you can prevent ‘panik’ buying tomorrow! 

Written by Henry

Content Manager at FastBitcoins. Came to Bitcoin for the sound money... stayed for the memes! When not on Bitcoin Twitter, Henry can be found dancing Argentine Tango or in the gym.

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