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He’s AFRAID to Buy Bitcoin Again? | Ep. 82 — #82 Rafa
Description
In this episode of Sat Chats, we welcome Rafa— a father, entrepreneur, and offshore team member at Podpitch. Rafa joins us from the Philippines to share a raw and relatable journey with Bitcoin: from buying a whole coin in 2014, to selling it for life expenses, to losing funds on an exchange hack, and ultimately finding conviction to try again but, this time, smarter.
We break down:
✅ How Rafa lost $2K (including $500 in Dogecoin) when Cryptopia was hacked
✅ Why Bitcoin should be treated like money, not magic
✅ The key lesson: custody = control
✅ Peso-cost averaging and how to remove emotions from investing
✅ How to onboard your kids by paying them in sats
✅ Why $100/month is Rafa’s new long-term plan
Chapters
00:00 Episode Preview
00:26 Introduction to Sat Chats and Sats Giveaway
03:07 Rafa's Bitcoin Journey: Early Experiences and Lessons Learned
18:24 Navigating Risks: The Importance of Self-Custody
24:26 Strategies for Sustainable Bitcoin Investment
24:36 Understanding Dollar Cost Averaging
28:51 Building Generational Wealth Through Bitcoin
32:56 Navigating Bitcoin Exchanges in the Philippines
37:25 Automating Bitcoin Purchases
40:53 Recap and Future Plans for Bitcoin Investment
This episode is jam-packed with hard-earned wisdom, humor, and hope. Whether you're in Manila or Milwaukee, the rules are the same: stack slowly, secure your keys, and never let a hack or mistake keep you down.
Support Sat Chats directly by:
— Zapping Lightning to satchats@getalby.com
— Grabbing your slot in the studio today at https://satchats.com/
— Sending Bitcoin to bc1q5yrwe6qxujzumg5j28g0rvckx9n859sa08fupc
Links for today’s Show Notes: — https://www.podpitch.com
— https://www.linkedin.com/in/rafael-estrada-205629198