Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL
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in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL
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This is probably one of the most important requirements for hodling!!
Experienced it myself and seen it with many others who managed to hodle through bad times
2018 I think was the last time I touched any.....the crash was so bad i did not want to un-retire....down i think 70% by end of the year I retired.....
sold 13 btc got back over time 5 btc...so down 8 btc (grrrr)
no debt ...no house debt....live off my investements and social security...still enough to get by on the American Dream and buy dumb stuff...
in disguise with my 2012 Ford Fusion SEL with 32.5k of miles on it (no sh*t)
I put it all in a trust when BTC pumped after 2018....freaked me out..too much pressure ..so dumped it into a trust...so now in a trust for others when i die...I can tap into it
..but don't think of it like my $$$ anymore
basically farmer poor..you have 5 generations of farming say...average farm is 320 acres from way back (small most have like 5k or acres) at $10k an acre.....$3.2 million at
dollars at 320 acres....but you pass it own is how it worked the previous 5 generations...most due same going forward in 2025 onward...
on paper..it is what they call 'farmer poor' ...you look good on paper ..but in reality...still have to kick sh*t off the boots when you go in the house
gold diggers would NOT be impressed comparing above..paper profits vs income reality
ie gold diggers not impressed with working farmers theorythe 2012 Ford Fusion is also an effective anti-gold digger method that works very well
brad
The working farmers theory was a backbone of the country economy years ago but it seems like everything has changed entirely.
Technology advancement has made people shift their mindsets away from having large farmlands which was a vast investment then but now tech has taken over. No respect and adequate policies to protect farmers and farm lands like it used to be.
The society is gradually shifting to investing in Bitcoin and other financial markets. People are not taking farming seriously because it doesn't pay like it used to be.