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well it can really be challenging for people to dip dive into there bitcoin hodling for unnecessary things but yet people can work it out by self discipline. as i have discovered, the most common scenario that affect most bitcoin investors to dip dive into their bitcoin hodling, emergency fund, backup or reserve fund is addiction. addiction comes in many ways, which includes gambling on sport bet, drug addict, womanizing, clubbing and etc. most times we often neglect this things seeing them as a common thing, perhaps its one of the pioneer of most dip diving into our hodling. a real bitcoin investor should be dedicated and be serious and totally avoid these things to be on a safer side to meet up his target. i am not completely saying that having fund while investing is bad, but there should be jurisdictions to an extent to achieve success. success doesn't comes without determination. some urge will have to die to achieve our goal. there is more to investing in bitcoin than how people sees it. using discretion fund for fun is understandable, but going far as touching emergency fund or selling bitcoin for frivolities is something else.
another thing that makes people to dip into their hodling is because the lack the interest of setting aside emergency fund. a person who dont takes accumulating emergency fund seriously will have no choice than to touch his investment due to some mere incident
The longer that we invest into bitcoin, the more likely that we will be able to increase our standard of living, even with the same income, yet surely there can be a lot of trade offs between attempting to be frugal in order to maximize bitcoin investing or calculating some pleasures along the way, which also might be better enjoyed in moderation rather than our splurging in ways that you had suggested even while we also might be in our earliest of years of building our bitcoin portfolio too.
Frequently, I tend to suggest focusing on accumulating for a whole cycle prior to reassessing, but still some guys want to "enjoy life" while they are still investing, and their decision to "enjoy life" is not necessarily a wrong one or a bad one, even though it may well end up delaying their timeline to get to fuck you status, and surely some of those guys who continuously want to "enjoy life" might not end up getting to fuck you status. sine they are not disciplined enough in regards to deferring their gratification.
Yes the longer we hold the more likely we will become successful, when it comes to bitcoin it grows as time goes on and that is why if you hold longer you will benefit more, just imagine those that started accumulating and holding Bitcoin from 2013 till date I believe they will gain profit than those who just hold form 2013 to 2022, however this comparison is when same amount of money is invested by both party but if is not then One can't really compare by the length of holding if maybe Mr A was using $5k to buy Bitcoin weekly for 5 years and sold and Mr B was using $100 to accumulate Bitcoin weekly for 8 years and sold the one that held longer using less money may not profit than the person using more money to accumulate.
Lack of patience is the reason why some investors can't hold for a whole cycle, they find it difficult seeing that they have money in Bitcoin and not spending it, so just like you said they will want to enjoy life and there by selling some Bitcoin and their idea of enjoying life is by clubbing and spending the money lavishly and in the process of doing all this they are still investing and such act always draw an investor backward.
You are right JJG an investor who have this mentality of enjoying life in the process of still growing his Bitcoin investment won't get to a fuck you status because you can't be dipping hands into your Bitcoin investment in the process of growing it and still expecting to reach a fuck you status, the way to reaching a fuck you status is by being disciplined, patient and consistent.