04-06-2023, 05:46 PM
I've met 4 people in the last 7 years who held since 2010-2011, and every one of of
<!-- SC_OFF --><div class="md"><p>It hit me a couple years ago how one who is living paycheck to paycheck, and has no investment experience whatsoever, decides it's a good idea to start hoarding BTC at $1, and ETH at whatever dirt-cheap price, and continuously hold. For years.</p> <p>All this while cutting down on an already mediocre life.</p> <p>To all of this, and despite one's life struggle, why refuse not to sell any when they go up 500x? 100 of the few thousand owned is $50K. At least give yourself some RL security? Am I thinking irrational? I am.</p> <p>So I realized 2 years ago you have to think like a crazy person in order to hold for several years while watching it burn away.</p> <p>You have to literally not have a care in the world if you lose potential money. I adopted this same concept in a semi-irrational way. Found a balance. I put my state of mind into not depending on the money I put in to change my life. Coincidentally, it would help cashing out. But it would only give me a temporary boost in life. I'd be happier in the moment, but it would wear down. Ultimately, I would still have to hustle to achieve really high paydays for the work I do. So why not let it burn to 0? If that's what it takes for potential life-changing money, let it burn. ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JuicySpark"> /u/JuicySpark </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12dd1ko/ive_met_4_people_in_the_last_7_years_who_held/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12dd1ko/ive_met_4_people_in_the_last_7_years_who_held/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>It hit me a couple years ago how one who is living paycheck to paycheck, and has no investment experience whatsoever, decides it's a good idea to start hoarding BTC at $1, and ETH at whatever dirt-cheap price, and continuously hold. For years.</p> <p>All this while cutting down on an already mediocre life.</p> <p>To all of this, and despite one's life struggle, why refuse not to sell any when they go up 500x? 100 of the few thousand owned is $50K. At least give yourself some RL security? Am I thinking irrational? I am.</p> <p>So I realized 2 years ago you have to think like a crazy person in order to hold for several years while watching it burn away.</p> <p>You have to literally not have a care in the world if you lose potential money. I adopted this same concept in a semi-irrational way. Found a balance. I put my state of mind into not depending on the money I put in to change my life. Coincidentally, it would help cashing out. But it would only give me a temporary boost in life. I'd be happier in the moment, but it would wear down. Ultimately, I would still have to hustle to achieve really high paydays for the work I do. So why not let it burn to 0? If that's what it takes for potential life-changing money, let it burn. ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/JuicySpark"> /u/JuicySpark </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12dd1ko/ive_met_4_people_in_the_last_7_years_who_held/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12dd1ko/ive_met_4_people_in_the_last_7_years_who_held/">[comments]</a></span>