Part 4/10:
Focus on Fundamentals: What Is Bitcoin?
Keeping things simple means understanding Bitcoin's core value proposition. Bitcoin is essentially digital gold—a scarce, censorship-resistant store of value that can be transferred quickly and permissionlessly across the internet.
Its primary purpose isn't to generate cash flow like stocks or real estate but to serve as a resilient, decentralized store of wealth. Recognizing this helps investors avoid being sidetracked by complex strategies that distract from the core goal: accumulating Bitcoin.