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Author Topic: Treat your Bitcoin as if it is already Worth 10x of what it is  (Read 182 times)
Rruchi man
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January 20, 2023, 06:01:04 PM
 #21

Please treat your bitcoin as if it is already worth 10x of what it is. Therefore, if you currently own one bitcoin, which is currently worth over $20,000, or a few Satoshis, which is each currently worth a few hundred dollars, you should learn how to treat it as though it has already increased in value because it has the potential to do so.
The bottom line and the point you are trying to drive home is that we should see more value in the amount of bitcoins that we have now because we are well enlightened to know the potential it has. Seeing more value in what you have will encourage you to protect and hold it well. When you treat the bitcoins you have as worth 10x, you should also be prepared to handle it mentally when you loss some bitcoins to the market, because a 10x mentality about profit will also mean a 10x mentality whenever you have losses. The potential to feel more angry and depressed when you loose bitcoins is higher with the 10x mentality.

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Davidvictorson
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January 20, 2023, 06:05:48 PM
 #22

I disagree with the OP, I am going to treat my bitcoin just exactly as it is. I do not want to be deluded. I want to face the reality of it. The list you mentioned is just the basic security tips that everyone who doesn't want to be a victim of hack should strictly adhere to. Facing the present worth of my bitcoins makes me to work 10x harder to buy more. It is as simple as that. And then, I celebrate when the worth 2x.

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Oceat
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January 20, 2023, 06:21:41 PM
 #23

Even if it's not worth 10x someone should treat it all with care since it's your own money/investment that will someday give you a good profit. Make it a habit to secure everything even if it's not an investment and that way you can bring that kind of mindset if you have an investment/savings. Bitcoin itself is an asset but also an investment so no one should take it lightly like it's just so small amount of Bitcoin why should I care that much because once you will realize how much you lost when you have it you will regret everything what you did in the past for not taking care your own investment. It's all in the mindset.

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