One of the difficulties in regards to trying to be too specific with the idea of goal-achievement is the suggestion that the goals can be established in concrete ways, which might be difficult to exactly outline the goals in concrete ways - including that many of us likely acknowledge that the dollar as a measurement stick is a bit inaccurate and imprecise - and even figuring out generally what standard of living that we might want in the future as compared with our current standard of living might not be easy to establish - even though sure there could be some tangibility in terms of maybe comparing our future standard of living to our current standard of living while potentially accounting for some of the technical changes that might happen in the next 4 to 10 years or even some time line that might be further out when we might be anticipating starting to either live off our bitcoin or to have our bitcoin somehow supplement our then standard of living.
It can be a bit more difficult to establish if we might be striving to have the kinds of stuff and activities of some role model that we might have in mind, especially if the standards of the role model are quite a bit higher than our current standards, so we would have to become accustomed to those higher standards to the extent that they are even realistic for very many of us to be thinking in those kinds of terms, yet personally, I don't really want to proclaim that the higher standards might not be reachable - even though frequently, from my perspective, we frequently don't need to establish outrageous goals in order that we might be able to describe situations in which we might be sufficiently happy.. even though none of us really can substitute our own ideas of reasonable goals for the ideas that others might have in terms of reasonable goals, especially since some folks might have goals that involve way more than the reaching of mere financial freedom and they may well want to influence and change the lives of others through their anticipated future wealth, power and/or influences.
Personally, I don't like to get into contemplating those kinds of higher goals that go beyond lower levels of financial freedom and self-sovereignty that does not necessarily embark into the social influence areas that some folks seem to want to achieve... and they surely are free to have those kinds of individualistically tailored higher level goals... if that's what floats their boat.
you are right sir, life often leads us to fantasize about having a type of item that we have dreamed of before. It is based on lust in order to satisfy the feeling of happiness in this life. I dream of one of the luxury cars in my life, but to make it happen I take the way by investing in Bitcoin so that one day when I am satisfied with my bitcoin ownership where I will cash out a small amount of bitcoin to realize my dream of having a luxury car. It can be a bit more difficult to establish if we might be striving to have the kinds of stuff and activities of some role model that we might have in mind, especially if the standards of the role model are quite a bit higher than our current standards, so we would have to become accustomed to those higher standards to the extent that they are even realistic for very many of us to be thinking in those kinds of terms, yet personally, I don't really want to proclaim that the higher standards might not be reachable - even though frequently, from my perspective, we frequently don't need to establish outrageous goals in order that we might be able to describe situations in which we might be sufficiently happy.. even though none of us really can substitute our own ideas of reasonable goals for the ideas that others might have in terms of reasonable goals, especially since some folks might have goals that involve way more than the reaching of mere financial freedom and they may well want to influence and change the lives of others through their anticipated future wealth, power and/or influences.
Personally, I don't like to get into contemplating those kinds of higher goals that go beyond lower levels of financial freedom and self-sovereignty that does not necessarily embark into the social influence areas that some folks seem to want to achieve... and they surely are free to have those kinds of individualistically tailored higher level goals... if that's what floats their boat.
However, everyone must have a dream that they dream of, either for themselves or to make their wife happy. However, this can be achieved by investing in Bitcoin because if he started actively investing from 2018, maybe the ROI of bitcoin ownership would have made him sufficient to realize his dream.
Bitcoin can take us in a better direction financially, I admit that because of the facts that have been seen with the very high spike in bitcoin prices. I predict BTC will dominate all aspects in many countries in the coming decades, Yes, investing now is not slow by projecting for the long term until 2050.
Of course, there can be a balancing between investing and consumption, and none of us can tell anyone else the extent to which they might want to balance their consumption in order that their investment might have longer term and better benefits than merely achieving a diversion of the investment into consumption.. yet those are still individual decision that might not end up being well-thought out. Frequently guys who have difficulties deferring gratification will have troubles building wealth, so yeah, it can be difficult to decide for someone else.
Another thing is that some guys also will end up overly deferring their consumption, so maybe they either do not end up consuming or they might die with their wealth or otherwise become prejudiced by the passing of time so that they are no longer able to consume as they had anticipated that they would be able to accomplish.
I agree.
We should look at it for the long term and not with the short term. For people like me, I've proven already its worth and I'm trying to do everything I can in my capacity to hold for as long as I can.
You're also right about whether there is a war or not, Bitcoin will continue to thrive and this is just the start of it. We'll see more of these movements eventually that are favorable to the long term holders and not to the short termers.
Bitcoin should never be considered on the short term run, an investor needs at least a decade to be able to stand on his or her investments and call themselves successful, the price of bitcoin will always be on the rise regardless of any drop every now and then and what's considered expensive now will be a joke compared to what the price will be in a few decades We should look at it for the long term and not with the short term. For people like me, I've proven already its worth and I'm trying to do everything I can in my capacity to hold for as long as I can.
You're also right about whether there is a war or not, Bitcoin will continue to thrive and this is just the start of it. We'll see more of these movements eventually that are favorable to the long term holders and not to the short termers.
I was already there and there were people who got earlier than me and have got more like JJG.
It's always been worth it to be steady, slow but consistent in investing to Bitcoin. One strategy is more than enough already and that's the DCA method.
There are people who invest in traditional investments for 30-40 years and they never make it to fuck you status (meaning that they can quit their job and live off of their investments to replace the income from their job).
To me, it seems that bitcoin offers opportunities for normal people to potentially cut down their investment timeline and maybe even by half and mabye even have greater assurances (even though nothing is guaranteed) that they may well be able to make to some kind of a fuck you status that they are able to live off of their investments without having to work for their income.