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Author Topic: We dont own enough bitcoin  (Read 1055 times)
mirakal
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January 05, 2024, 07:26:54 PM
 #41

I always look up to those people who never get tired of fulfilling their life with their goals and admirations in life. Like the one who keeps stacking bitcoin as much as he can. But somehow, I have this feeling that if our minds are totally engrossed with buying bitcoin,  then most likely we may end up forgetting that there's a life we need to live and enjoy, that even bitcoin cannot provide for us. Hence, having bitcoin is a lot important but it can never guarantee life's satisfaction and happiness.

Bitcoin may be our everything right now but in order to live life to the simplest and fullest, we should also learn to live life that is not reliant to bitcoin. By simply living with the most important thing in the world, that is having family that binds us with love and simple happiness in life.

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m2017
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January 05, 2024, 07:27:55 PM
 #42

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
There are never too many bitcoins. That's why everyone wants it in abundance. Smiley

Surplus bitcoins? No, I haven't heard of this. Smiley

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!
But will bitcoin continue to be so profitable? But I will prefer to accumulate, even if it becomes less profitable. Smiley

Is it time for a new hashtag #"WE DON'T HAVE ENOUGH - STACK SATS"? Smiley

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KingsDen
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January 05, 2024, 07:31:08 PM
 #43

There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.
People are just different and this difference is what set us aside in reasoning and in general lifestyle. These are different samples of people in bitcoin investment;
  • Those who sell their properties to invest in Bitcoin  
  • Those who keeps buying and believing that bitcoin may worth a million dollars in the future  
  • Some who might starve, I mean not live a comfortable life in order to invest
  • Some who believes that the reason they are investing is to have a good life and immediately they have money, they start living a good life

As said, there's more to life than bitcoin investment. In as much as I encourage us to buy bitcoin, we shouldn't do weird things to acquire it.

R


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famososMuertos
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January 05, 2024, 08:43:27 PM
 #44

Just think about the following, for some reason bitcoin before meeting individual expectations, always for some reason sinks you into a time threshold, it can vary in years or months, someone remembers the annoying 3k, then 10k, they were not many years, but you do have to go through the volatility stages to understand that the emotion of holding can lead you to the mistake of holding more Satoshi (btc) than you can really hold, so own what you can, not what you want .

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January 05, 2024, 09:09:45 PM
 #45

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

I stopped watching Kitco since they started inviting Soloway there. He can't even admit to his mistakes, just doubles down every time he's wrong.
I tend to block channels that repeat FUD or invite idiots in to popularize their stupid theories.

Quote
If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

This is correct, which is why I always tell people who ask me what I'll do when bitcoin hits 100k or 500k that I'll hold. Why would I turn an asset that increases my net worth so much and turn it into something that will decrease it like fiat money? There's many smart people who will tell you that most of us are poor, therefore we have poor man's mindset. When you reach certain wealth it becomes less important for you to earn money, start a company and all that. You want to retain wealth and make sure it's easy to move around and access and it doesn't lose value over time and bitcoin allows you to do it.
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January 05, 2024, 09:11:22 PM
 #46

We don't own enough bitcoin but even in the future, if you keep thinking your bitcoin won't be enough, then you will lost control of other matters in your life because you are too focused on bitcoin which I think is already not good. Bitcoin is not all what it takes, and is not all what we need in life.

To be honest, bitcoin is just a portion of our life's happiness, we can still be happy even if we don't gain majority of it.

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January 05, 2024, 09:29:41 PM
 #47

Op what you said is correct and I will also support your to say yes, inquisitive to gain more properties in life is good but if not properly handle it leads to a very serious crime which might lead to dead or life improvement. And that is why there is popular idiom says, "count the clothe according to the size". I believe we have all heard different stories on this proverbs. I have have enough has demonize many in the society. Because that curious to have might make someone to do extra things to get more Bitcoin and that should be the worst of them all.

Please any amount of Bitcoin you have in your portfolio or wallet, Bitcoin is okay with it and Bitcoin will never allow you to do extra things to get more of it. It is always okay in the wallet. If you are a working class then you can use DAC to acquire little by little and don't rush if you don't have enough. And don't follow people to accumulate the way they do because you might know how they get their funds to buy Bitcoin.

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Spaceman1000$
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January 05, 2024, 09:37:24 PM
 #48

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

Having bitcoin at this point is very important no doubt because the bull run is around the corner, but one thing you should understand is the fact that even if you don't have too much resources to get as much of Bitcoin you want, you can use the small resource you have  to get the the little you can, little by little you can grow the amount you've gotten but having it in mind that you want to get a good number when you know you don't have much resource will be very difficult, so stack the little you have and grow it.











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January 05, 2024, 10:00:06 PM
 #49

Even highly successful investors don't own enough bitcoin in their wallet, that is why there is still high motivation to accumulate more and gain additional profits. However, I have no against with it trying to accumulate bitcoin as much as you can, but didn't you realize that focusing too much on bitcoin will make you miss other life's opportunities?

Life has no rewinds so make sure to live it to the fullest. Not to actually live with the best things in life, but to live a simple life and find happiness despite of not owning enough bitcoin.

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January 05, 2024, 10:35:10 PM
 #50

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

Who would ever have enough of an asset. that is destined to increase in value long term? What does enough even mean?

There are all kinds of opinions and this does not only mean between different people, but one and the same guy might have two opinions depending on whether Bitcoin is currently on the rise or not. I have heard people saying that they missed to sell their bag and now Bitcoin is getting dumped and about to die. A few months later the same people said they regret to not have bought more during the dip. The thing that was said to be dying yesterday is now just having a short bad period and is soon coming back from that dip.

It is quite normal to feel the desire to own more of something that is going up in value, but if you have some Bitcoin, an amount that relative to your living standards could change something about it if you hold onto it for long enough, I think you did not miss the train. But there are others who really missed the train and are still hesitating. That's really bad.

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January 05, 2024, 10:42:43 PM
 #51

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

There's a saying that says 'too much of everything is bad' as much as we want to own more Bitcoin, at some point we have to stop buying because it might not be good for us.

Keep stacking sats but know when you have stack enough and take a break. Don't invest everything you have into Bitcoin, a time will come that you will need cash but you don't have any because you have invested all in Bitcoin and selling becomes a problem for you. I know people that are addicted to their assets they don't have physical cash but they have assets and can't sell them for cash because of the addiction of wanting more of that assets.

Being in that type of situations won't be good for our health, stack Bitcoin but don't stack more than you can afford to lose, don't stack an amount that will make your mind troubled when the markets sees a correction. You should be comfortable with any directions the market moves because you're in for long game and not looking to get a quick one and move on. We should be able to balance everything, while you stack Bitcoin, also stack cash for your daily expenses.

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January 05, 2024, 11:14:35 PM
 #52

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I realize the value of balance in life, like I live in the countryside but it's not like I haven't lived in ten-storey apartment buildings and lived on the top floors of buildings house, it helps me realize that the house really doesn't have to be beautiful and spacious, it just needs to have the warmth of everyone inside, and whether or not there are superfluous items won't solve the problem much demand.

But that does not mean that people with better material conditions have to return to an austere lifestyle their responsibilities will be greater such as contributing to society and serving everyone. Not the type of control and exploitation, but anyway, society always has many different nuances like we can't bring bitcoin to people in the mountains to use where they don't even know about the Internet, phone, PC,... rather, there is no need to impose a view on life, let freedom be its true meaning and don't think of it as bringing a good life in the wrong way to everyone.

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January 05, 2024, 11:15:05 PM
 #53

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

  If Bitcoin accumulates 10 years from now little by little, it can be said if it is possible and a good way. But if during this time and the upcoming halving and bull run a few months from now because you just want to chase it, I don't expect to make a lot of money and buy a house and a car with Bitcoin savings in through dca.

  Because, in my opinion, there will be a lack of time to accumulate a large value of bitcoin in this period, although yes, you will earn, but not that much, unless you can accumulate at least 0.5–1 bitcoin before the bull run.


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January 05, 2024, 11:36:24 PM
Merited by fillippone (1)
 #54

you look very enthusiastic op. yes, collecting bitcoin is of course very good and I personally still collect bitcoin with the dca system and of course only use money that is ready to be lost, and indeed now is the right time to collect btc because btc is not yet Halving and of that course if we collect more btc then the profits will be bigger. but of course in this case it depends on each person because everyone has a different way of investing because some are interested in investing in BTC and some are not and in my opinion in investing it would be better if our invest the most. our money in the real world is like gold and so on because investing in BTC is very risky, so the point is don't put money in one basket, because for me personally, putting money in one basket is of course very high risk. Just imagine if the price of BTC falls very deeply then we will experience losses because usually the crypto world is always full of drama but if we don't put all our money in one basket then if one fails then sometimes the other will succeed, essence the risk will not be too high .











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January 06, 2024, 02:00:15 AM
 #55

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!
[snip]
Not having enough of something doesn't technically mean an individual will constantly pursue the object and pursuit of the object doesn't literally mean the person will get it not to talk about having a surplus of it cause it's not about the pursuit of the object but doing something that will generate the object.
It is just like making money which makes mistakes about it. A lot of people pursue money instead of doing something that will make the money find or look for them.

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tread93 (OP)
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January 06, 2024, 03:18:28 AM
 #56

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

There's a saying that says 'too much of everything is bad' as much as we want to own more Bitcoin, at some point we have to stop buying because it might not be good for us.

Keep stacking sats but know when you have stack enough and take a break. Don't invest everything you have into Bitcoin, a time will come that you will need cash but you don't have any because you have invested all in Bitcoin and selling becomes a problem for you. I know people that are addicted to their assets they don't have physical cash but they have assets and can't sell them for cash because of the addiction of wanting more of that assets.

Being in that type of situations won't be good for our health, stack Bitcoin but don't stack more than you can afford to lose, don't stack an amount that will make your mind troubled when the markets sees a correction. You should be comfortable with any directions the market moves because you're in for long game and not looking to get a quick one and move on. We should be able to balance everything, while you stack Bitcoin, also stack cash for your daily expenses.

Agreed. I would like to follow up with the fact that I would never invest beyond my means and financial obligations unless I made a way to earn it as an income and accumulate it that way. I am all for stacking as many SATS as we can, and what i'm really going with here is that we should really strive to get as many as we are capable of because it is such a scarce asset.

Richbased
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January 06, 2024, 03:18:57 AM
Merited by fillippone (1), Hewlet (1)
 #57

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

You need to understand the fact that human wants are unlimited so no matter how much of something you've got, there's still the quest to get and acquire more. Okay now despite the amount of Bitcoins Microstrategy and Grayscale Bitcoin trust owns, still they are hoping to own more when they could have just stopped buying since they've acquired a lot so no one gets enough of what he wants as we'll keep hunting for more regardless of the ones we already have.











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MFahad
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January 06, 2024, 04:15:15 AM
 #58


If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

Wealth, in whatever form, is something that does not have the word 'enough' in its dictionary. Whether one has gold, silver, real estate, or Bitcoin, these are all different forms of wealth. This greed never ends in our life, we need more and more no matter how much we have. Someone who doesn't have even one bitcoin will want to get one bitcoin, when he has one bitcoin, then he wants 10 more, and on getting 10, he wants to get more, so this desire for more never diminishes.

So everyone has this mentality, you will not find anyone who will tell you that now I have enough wealth, bitcoin, gold and silver.There is no doubt that Bitcoin investment is the best in the current era, but it is not meant to ignore real estate or gold investment at all. No one should ever invest their capital in one place, but it would be the best decision to divide it into different categories, because a problem in any one place will not result in loss of all your capital.









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Volimack
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January 06, 2024, 12:34:57 PM
 #59

Yeah this kind of mentality should be removed because every person has some resources but no one admits it easily. If you have the mentality to invest in bitcoins from a small amount not it is possible to hold a little and grow it. Everyone will want to get something by investing in Bitcoin if you get too greedy none of it will work. Gold silver and real estate should not be considered according to their wealth should choose bitcoin investment.

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Noctis Connor
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January 06, 2024, 01:31:19 PM
 #60

I don't think that much about bitcoin , why is that? here's the simplest answer to that while we im working on earning bitcoin or investment into it, there's more life waiting for me in the real world which can help on my daily basis , collecting bitcoin on daily basis will make you broke or rich one day but doesn't mean you will not need to withdraw it because we have needs everyday and also bitcoin is good investment for retirement when you are good on considering as a life plan.
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