Bitcoin and Financial Independence

The Beginners Journey with Michael Weymans | Part 2


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Today is part 2 of a conversation with Michael Weymans, so make sure you listen to last week's episode to get the full conversation. We continue to discuss the beginner's journey into crypto and common problems, challenges and pitfalls you might experience and how to overcome them.

Links related to the show and discussion points:

  • Michael's website - BitBeginner
  • Don't invest more than you can afford to lose
  • Time in the market > Timing the market
  • Who are the best investors with the best returns?
  • Altcoins
  • Crypto Insomnia AKA Cryptosomnia
  • Metrics to watch other than price
  • Patience and HODLing
  • HODL origin story
  • Dollar Cost Averaging
  • FUD and FOMO
  • Self Custody and multi signature custody with Casa and Unchained Capital
  • Andreas Antonopoulos


Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.

  • Coinbase is the place most people start, secure and reliable.
  • Celsius has some of the best interest rates for both borrowing against and earning on your crypto.
  • Voyager is one of the most popular apps for earning interest on your crypto. They are a publicly traded company in Canada.
  • BlockFI is one of my favorite places to earn interest on crypto. They also have a Bitcoin Cash back credit card which makes earning crypto easy.
  • Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $5, no purchase necessary.
  • I have a Roth IRA with Choice to buy Bitcoin in a tax sheltered account. Traditional IRA's are also available.
  • My Twitter
  • My Youtube



If you want to learn more about crypto, I recommend two courses.

One is Edward Gorbis Bitcoin School, use this link to get the course for $137.

The other is more in depth with weekly Q&A, coaching calls, and a slack group through uintacrypto.com. It's the course that gave me a solid foundational understanding of crypto. Let Spencer Montgomery know that I sent you.

Email me at [email protected] if you have questions. Feel free to schedule 15 minutes with me if you want some guidance on anything.

Note: Some of my links are referral links that are mutually beneficial but at this point I have no affiliate relationships with any of these companies.

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Bitcoin and Financial IndependenceBy FrugalStu

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