The HODLer Manifesto: what does "being a Bitcoin HODLer" mean?

This morning I came across a website called The HODLer Manifesto. After reading that, I have a few thoughts I want to share with you.

If you're interested, you can read The HODLer Manifesto here.
You can read the post that created the HODL lifestyle on the Bitcointalk forum.

Rule 1: A true HODLer does not sell their coin

Of course, this is the first rule. Basically, a HODLer bought Bitcoin because he\she believes that will soon replace fiat. He didn't buy to sell it later at a higher price.
I'm not saying that investing in Bitcoin just to make a profit is wrong. A HODLer made a different kind of investment: he\she invested in technology, a technology build to make financial transactions between individuals easier, cheaper and faster, without the need of a central authority.

Rule 2: A true HODLer buys the dip

Obviously, when our favorite coin (I'm talking about Bitcoin, of course) becomes cheaper against a national currency, it is the perfect time to buy. However, predicting a dip is quite difficult and it could take a lot of time before a market correction.
I think that the best thing to do, here, is to save some money every month and buy Bitcoin, regardless of it's price. Just try to replace a bad habit (such as smoking) with a good one (buying Bitcoin).

Rule 3: A true HODLer remains steadfast in spite of FUD

Strong hand, man! Strong hand! Never sell your precious coins, even if China wants to ban Bitcoin (again) or Roger Ver said that BCash is the real Bitcoin. Remember: you have invested in a technology, you didn't buy Bitcoin to become rich!

Rule 4: A true HODLer keeps their coins off exchanges and online wallets

I can't stress this point enough: never store your coins on an exchange. Buy a hardware wallet, or print a paper one, and sotre your money offline. Keep your private keys, well... private. Do not use wallets that don't give you access to your keys and avoid the ones provided by Coinbase or any other website (just use them to buy Bitcoin).

Rule 5: A true HODLer buys goods and services with their coin

Well. This is quite an interesting point. Spending Bitcoin doesn't mean selling them. You can use Bitcoin to top-up your mobile phone, you can buy goods on OpenBazaar or you can support your favorite content creator on the web (and in real life). Just pay attention to he miner fees (a lot of wallets and applications tend to overestimate them, don't overpay!).

Rule 6: A true HODLer spreads the good word

Yes! Talk about Bitcoin to your friends and family. Show them that it's not a money for nerd and for people who wants to buy drug on the Dark web. Show them the good part of this fantastic revolution.

Rule 7: A true HODLer does not get FOMO when another coin rises

Actually, a true HODLer never gets FOMO, never!

Rule 8: A true HODLer runs their own full node

Running a full node is non that difficul. You can even use a simple RaspberryPi and a USB hard drive. This will help the entire network by keeping it decentralized and distributed.

I would like to add anoter rule. I'll call it Rule 5.1 and goes like this: A true HODLer earns Bitcoin. This may be through mining, trading, running a blog or a YouTube channel (or even a blog here on Steemit). This may be through an actual job paid in Bitcoin or even by selling goods and services for Bitcoin.

What do you think? Are you a true HODLer?Feel free to leave a comment under this post!

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BTC: 1FeDe3xo64eDgCnmj8gBjQTtuQjMkuBSbD
LTC: LfedeUR3BjkMz5VNoQn4yMSxGrUxa52XGA
DOGE: DFedeVfDReZkwzAJjK4EGEpo7FuUkNiMx3

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