Replies (46)
Cycles..
Especially during summer🤷♂️
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun."
- Keanu Reeves
I'm not there yet, but I am at "laughing when my friends gripe about their 401k going down 1% in a single day".
True! Nowadays the only thing that gives me purpose is seeing my daughter growing. And bitcoin can support that amazingly!
Or lose an annual salary, like today
Stay humble and stack zaps
For a moment I was relating and proud, then it crossed my mind that half of what you said is simply describing being an autist and I just stopped giving a fuck entirely.
On 1 - interested to hear tipping point for different individuals.
Imagine a year of diligent stacking, this increases the bag by X% (measured in BTC)
What's X below to consider that year not moving the needle? 💰
It corresponds to each marginal dollar. Let’s say you have 5 bitcoin and earn $120,000 a year.
Bitcoin goes to $1,000,000. You initially put in $35,000 and now have 5 million.
Each additional $35,000 now buys you 3.5 million sats. Your salary did not increase so you still have to work 3.5 months to earn 35k.
Let’s imagine you believe bitcoin will increase in value to 10 million per coin over the next 10 years.
You’ll ultimately have 50 million dollars with your current stack.
Each additional stack of 35k will be worth $350,000 at 10 mil per coin.
If you’re lucky maybe you can do a stack a year. So best case 3.5 million. Or realistically more like 1.5 million.
So the question you have to ask yourself is if it’s really worth it to work 10 more years of your life, just for an additional 1.5 mil if you already have 50 mil?
Adds some colour, thank you. Eveyone prob has their own way of doing these sums. Very individual, based on salary / cost of living etc. Eg. Different game if you're lone wolf vs family man.
✅
It is well known people work for more reasons than just paying bills. Also ambition is not always full logic, so 51,5mil > 50mil.
Should, a person facing that sort of dilemma, just stop working and go out and do some volunteering or help the family instead.
Well one would work in order to cover living expenses and not have to touch the stack until it reaches that target price.
After that then yeah one would think the utility of working is quite low.
I think physiologically it will be hard for some people to view their stack go down year after year. In fiat land people only care about the dollar value of their portfolio so having less shares of a stock over time is not a factor.
I am here. I’ve basically said this exact thing.
lmao
I'm probably 2 years away from this
Ah yes many a bit-life crisis has taken hold during the golden summer months
Sir, get out of my head
Bitcoiner's anthem :-)
The subtle art of not giving fuck
HODL
Bit-life crisis: The moment in your bitcoin journey where…
- your stacks stop moving the needle
- net worth fluctuates more than annual salary in a single day
- fiat job losses all meaning
- you lose the ability to self censor
- things that upset those around you barely register for you
- you just stop giving a fuck entirely
View quoted note →
Big facts 💯
If you think this it's probably closer to like 6 years 😂
dca painless/ that's funny HODL! (n_n)
t-y
A worthy goal is to have enough money that you stop thinking about money.
Bitcoin is deliberate, intentional money.
A worthy goal is to have enough bitcoin that you stop thinking about Bitcoin.
This is the goal. When stacking no longer changes the entire stack significantly, you've reached a timeyour no longer NEED to work.
The trick is to find work that you care about regardless of salary. The bit-life crisis gives you this perspective. Take a fiat pay cut, but wake up happy and spend your time well.
Last one ✅
Not working based on what you think the value of your money will be is retarded
My neighbor just told me I’ve gone dead inside🤣
lol my roommate said something similar last month. did you actually feel the shift, or is it more that people around you are noticing?
Holy shit, I've hit this point
I have arrived
Not there yet, my stacking is def. Moving the needle⚡️
Do you calculate, how much you increase your BTC holding year over year?
For me this number has been about halved every year 🙈
Last year I was only able to get a 1,5% increase.
And I'm stacking as hard as possible.
Any way, hodl 😎
I just know every single sat counts. Therefore, any increase is a huge leap⚡️
I wonder how many bull runs I'll need to sit through to get there. 1 and a half so far
Yeh I think I went through this last year. What’s it called on the other side when you just zen out and do your bitcoin thing in the background.
Elite post
sounds like an enlightenment 😜
It’s not how many bull runs, but how many bear markets 🧠
A large chunk of one of my chapters is about this. I'm calling it the accumulation apex
Saying “but that’s just fucking retarded” in a student support meeting. Hmmm, maybe that might just be me……. 🧐
