15 Bitcoin “Cheat Codes” I Learned Losing (and Making) Millions | by Jordan Davis | The Capital | May, 2025
My 9-year crypto journey: The hard-won lessons on mindset, strategy, and risk you need before investing.
The key to actually multiplying your wealth with Bitcoin isn’t about timing the next memecoin pump or trying to outsmart sophisticated trading bots. It’s about understanding a few fundamental, often counter-intuitive, lessons — the real “cheat codes” I had to learn the hard way.
Over the past nine years in the crypto space, I’ve made every mistake imaginable. Chased hype, lost huge sums, fallen for “guaranteed wins,” and felt utterly clueless. I’ve seen small investments turn into life-changing money, only to watch it evaporate. I’ve experienced the euphoria of making millions and the crushing weight of losing them.
Through that painful, exhilarating rollercoaster — from turning $30k into $300k then watching it crash to below $20k, to rebuilding from unemployment to over $1.6M primarily through smarter crypto plays — I’ve distilled the crucial lessons.
Most people will hear these, nod, and then go make the same mistakes. If you’re serious about winning the long game with Bitcoin, these 15 “cheat codes” are what I wish someone had drilled into me from day one.
