A series of tweets published in December 2017, the month in which bitcoin reached almost $ 20,000 - its highest price so far -, returned to gain attention on the social network because of the recent rise in the asset. It is a thread in which the investor and entrepreneur Alistair Milne recommends some precautions to investors who had high earnings from cryptocurrencies that year.
In the publication, which has already been shared just over 2,000 times, Milne publishes 14 pieces of advice for the new rich. One of the tips, for example, is to sell about 10% to 20% of the portfolio to change your life. "Take this seriously," he wrote.
Then he said that life is a marathon of ups and downs and that is why investors need to protect themselves. He also said that if the person has been in Bitcoin for more than 12 months and still has debts, he needs to stop being reckless and pay them.
Another idea of ??the entrepreneur is to leave enough in the bank for at least one year of the expenses of the account, especially if the person is a trader or is running a business.
Home, peace of mind and humility
Milne said that the investor needs to be ultra-conservative in relation to any type of loan and must be “cautious and conservative until he accumulates knowledge and experience” in the financial market.
He wrote that acquiring property as well as a home would be an invaluable achievement and could bring peace of mind for the rest of his life.
The businessman also warned that appearances are not deceiving and suggested that the new bitcoin rich man does not exhibit himself in such a way, so as not to attract the wrong kind of people.
He also told the investor not to believe that his status has made him an extremely intelligent subject. "Remember where you started and treat everyone equally."
Finally, he recommended investment in health and knowledge, as "health is the most valuable asset", and said it would be interesting to help the less fortunate.
Greatest topic of all time
The thread received hundreds of comments. "You know when a tweet is good when the first thing you get when you open it is a tweet," wrote DonAlt, a user with 200,000 followers, on Tuesday night (02).
"This is still one of the biggest topics of all time," posted the @loomdart account on the same day, retweeting Milne. "A genius. Very good advice. Look at the date! ”, Also wrote the account @paleobit.
