Digital Assets Society
2 min readFeb 24, 2022

DAS Principles — What to NOT do

To explore the whole space connected to digital assets is not something which is done over a night, but rather a lifetime. It is a journey, characterized by a constant feedback loop. When you think you have managed to figure out this world, you will realize that it is just a small world within a bigger world. Thus, some simplified principles will not be sufficient for understanding this space. However, we do believe that a good start is to begin with emphasizing what not to do:

  • Do not just pursue financial gains but rather education.
  • Do not rely on your friends (although they may be nice) or memes(although these may be fun) for understanding this space
  • Don´t think that all digital assets will make you rich
  • Don´t think the growth and increased presence of digital assets is temporary
  • Don´t think NFTs are only about digital art (As you will learn, the use — cases are extensive)
  • Don´t view cryptocurrencies as pure currencies( These are rather projects with a certain way of generating revenue, similar to a stock)
  • Don´t sell your house and family because you want to buy Bitcoin
  • Don’t brag about your digital assets
  • Don´t fall for the scams (There are a lot of them)
  • Don´t absorb all the news from the mass media (The hype when the price rises and the fear and doubt when the price decreases)
  • Don´t focus on the price — it is a distraction in the long term
  • Don´t be short term focused
  • Don’t search for the next Bitcoin (I mean Bitcoin is already here. In addition, good luck finding the needle in the haystack)
  • Don´t invest more than you can lose — be diversified
  • Don´t buy anything just because of the hype

Digital Assets Society
Digital Assets Society

Written by Digital Assets Society

We aim to increase the overall literacy connected to digital assets among students in Sweden https://www.digitalassetssociety.se/

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