Bitcoin And How It Slowly Changes The Way You Think About Time.

[Sanitough]

Bitcoin is not just all about money and wealth creation, it also teaches us how to be disciplined in life. With bitcoin, we get to wait for the right timing and won't chase instant profits, we get to value long term more than short term, and we get to be more consistent and firm on decision making rather than panic when the market suddenly turns our negative and prices are bleeding.

Bitcoin creates a huge impact for everyone who get to be attached on it. Unfortunately, bitcoin is not for everyone, and not everyone is willing to take the risk and take the change with bitcoin.

[Fivestar4everMVP]

But let’s be honest, it’s not always smooth. Bitcoin tests people, the price swings can mess with your head. You see gains, then drops, then you start doubting everything. A lot of people don’t even make it through that phase, they end up reacting emotionally and losing that long-term mindset.

So in a way, Bitcoin is not just teaching patience alone, it’s exposing who can actually stay patient. And maybe that’s why some people say bitcoin is more than money, it slowly rewires how you think about time, decisions, and discipline without you even noticing.

To a large extent, you are absolutely right, the thing actually is that bitcoin of 2009 to 2020 is no longer the bitcoin of today, why? Because bitcoin in those time was in a state where it was quite easy to make money from it in the short term, but since real adoption started coming in, things changed completely and today, bitcoin only rewards those who invest in it and are patient.

So for those who hear about crypto and the first thing that comes to their mind is quick money, they will be very disappointed to invest in bitcoin and realise they have to wait for years to make any profit from it, this is one reason why I don't usually try convince people to invest in bitcoin anymore because majority don't have the level of patience required to make money from bitcoin investment.

[Hamza2424]

So in a way, Bitcoin is not just teaching patience alone, it’s exposing who can actually stay patient. And maybe that’s why some people say bitcoin is more than money, it slowly rewires how you think about time, decisions, and discipline without you even noticing.

I almost forgot how much I have changed since I got involved with Bitcoin, because before getting involved, I wanted quick results. Although Bitcoin is not the only thing that teaches us patience, it is quicker than most things in teaching us how precious patience can be. So bro, I agree that it changes many people, especially those who want to be changed, because those who don't want to change leave it in the beginning.

We ask a lot of questions before investing because we are unsure about it, and it was harder in the past because institutions and countries have only adopted it recently. Before, the uncertainty was on a completely different level. But people still believed in it, took their risks, and won.
 

[Jatiluhung]

Bitcoin is not just all about money and wealth creation, it also teaches us how to be disciplined in life. With bitcoin, we get to wait for the right timing and won't chase instant profits, we get to value long term more than short term, and we get to be more consistent and firm on decision making rather than panic when the market suddenly turns our negative and prices are bleeding.

Bitcoin creates a huge impact for everyone who get to be attached on it. Unfortunately, bitcoin is not for everyone, and not everyone is willing to take the risk and take the change with bitcoin.

Unfortunately, not everyone is ready to accept Bitcoin yet. Even some people who came in driven by greed and bought a lot of Bitcoin panicked and sold when the market corrected, then started complaining and spread negative news about Bitcoin as if it were bad when in fact it was their own fault. So, yeah, Bitcoin is only for those who understand and recognize its extraordinary potential. But for me, Bitcoin has indeed changed some aspects of my perspective on the world of finance and investing. And actually, we’ve also started thinking more long-term because of Bitcoin.

[Kelvinid]

So in a way, Bitcoin is not just teaching patience alone, it’s exposing who can actually stay patient. And maybe that’s why some people say bitcoin is more than money, it slowly rewires how you think about time, decisions, and discipline without you even noticing.

I almost forgot how much I have changed since I got involved with Bitcoin, because before getting involved, I wanted quick results. Although Bitcoin is not the only thing that teaches us patience, it is quicker than most things in teaching us how precious patience can be. So bro, I agree that it changes many people, especially those who want to be changed, because those who don't want to change leave it in the beginning.

We ask a lot of questions before investing because we are unsure about it, and it was harder in the past because institutions and countries have only adopted it recently. Before, the uncertainty was on a completely different level. But people still believed in it, took their risks, and won.
 

Well, most of us are here for instant profits, that's how bitcoin is being known to everyone. No wonder why the critics of bitcoin call it a ponzi scheme. But when we start to be attached with bitcoin, our mindset and perspective about bitcoin slowly changed. This is no longer about money alone and how to get rich, but this is already about security and financial stability in the future.

Long term hodling may not be enough, but I know it alone can bring big difference in the future. With this, we managed to be more patient, less greedy, goals are no longer short term but long term, and we chose to stay calm and firm despite of bitcoin price fluctuations. All of these traits are what we actually need in real life to live a less stress and more productive life.

[Finestream]

Bitcoin is not just all about money and wealth creation, it also teaches us how to be disciplined in life. With bitcoin, we get to wait for the right timing and won't chase instant profits, we get to value long term more than short term, and we get to be more consistent and firm on decision making rather than panic when the market suddenly turns our negative and prices are bleeding.

Bitcoin creates a huge impact for everyone who get to be attached on it. Unfortunately, bitcoin is not for everyone, and not everyone is willing to take the risk and take the change with bitcoin.

Unfortunately, not everyone is ready to accept Bitcoin yet. Even some people who came in driven by greed and bought a lot of Bitcoin panicked and sold when the market corrected, then started complaining and spread negative news about Bitcoin as if it were bad when in fact it was their own fault. So, yeah, Bitcoin is only for those who understand and recognize its extraordinary potential. But for me, Bitcoin has indeed changed some aspects of my perspective on the world of finance and investing. And actually, we’ve also started thinking more long-term because of Bitcoin.

That's because most of the bitcoin investors are just aggressive to gain profits but are not patient enough to wait for the right timing to sell their coins. They bought a lot of bitcoin thinking that stacking a lot means making them quick rich, without seriously taking consideration if they can stay patient despite of the high volatility of the market.

Those who are changed by bitcoin are only those who willingly accept the flaws of bitcoin, but those who have seen no changes or impact on them, maybe because they have not understood well the real essence of bitcoin in our lives.

[Faisal2202]

Apart from this, there is a poor person who is born poor and does not eat well like others, which causes him a lot of pain and he also goes towards hard work. Such situations are created to change us. If we do not make some decisions in our life quietly and thoughtfully, then we will be eaten just like beginners in the Bitcoin market. Therefore, everyone's problem is different and if someone is influenced by you, then you should be proud of the fact that you understand Bitcoin and your important decisions with better patience. Those who lose money and get peace and tension also gradually go towards their original and silence, then why don't you want to make them like you.

I did not get your point when you said I should be proud? I should be proud if others are influenced by me or because I understand BTC and my decisions better with patience? Because I was trying to say that when we are giving advice in one of our posts, we don't want others to be influenced by it without thinking about their financial status because like you said, not everyone is rich. And I am not rich, but there are always people in a worse situation than you and in a better situation as well.

That's why it is better to add a disclaimer for others so they don't do anything abruptly without thinking twice about their situation, which I casually said because I know no one would be getting influenced here, because the majority is richer than me haha. 

[Emitdama]

Unfortunately, not everyone is ready to accept Bitcoin yet. Even some people who came in driven by greed and bought a lot of Bitcoin panicked and sold when the market corrected, then started complaining and spread negative news about Bitcoin as if it were bad when in fact it was their own fault. So, yeah, Bitcoin is only for those who understand and recognize its extraordinary potential. But for me, Bitcoin has indeed changed some aspects of my perspective on the world of finance and investing. And actually, we’ve also started thinking more long-term because of Bitcoin.

That's because most of the bitcoin investors are just aggressive to gain profits but are not patient enough to wait for the right timing to sell their coins. They bought a lot of bitcoin thinking that stacking a lot means making them quick rich, without seriously taking consideration if they can stay patient despite of the high volatility of the market.

Those who are changed by bitcoin are only those who willingly accept the flaws of bitcoin, but those who have seen no changes or impact on them, maybe because they have not understood well the real essence of bitcoin in our lives.

Newbies specially do this, they think that they can suddenly get rich, and have this rush into crypto and then they end up losing money, or realize they have to wait ,and they decide to give up very quickly. That is not how this works, you have to be careful about what you are doing and if you are careful enough then you are going to make some money but most of the time people are not careful about it and they just act very suddenly and hope that they can get wealthy overnight, even look for small low cap tokens that can make that happen, then they are sad when they lose all their money.

[AVE5]

Bitcoin is not just all about money and wealth creation, it also teaches us how to be disciplined in life. With bitcoin, we get to wait for the right timing and won't chase instant profits, we get to value long term more than short term, and we get to be more consistent and firm on decision making rather than panic when the market suddenly turns our negative and prices are bleeding.

Bitcoin creates a huge impact for everyone who get to be attached on it. Unfortunately, bitcoin is not for everyone, and not everyone is willing to take the risk and take the change with bitcoin.

Unfortunately, not everyone is ready to accept Bitcoin yet. Even some people who came in driven by greed and bought a lot of Bitcoin panicked and sold when the market corrected, then started complaining and spread negative news about Bitcoin as if it were bad when in fact it was their own fault. So, yeah, Bitcoin is only for those who understand and recognize its extraordinary potential. But for me, Bitcoin has indeed changed some aspects of my perspective on the world of finance and investing. And actually, we’ve also started thinking more long-term because of Bitcoin.

Excuse me, unless you're just getting attached to investments because bitcoin is just a newly introduced monetary technology which only those who're starts to invest when bitcoin had already been trending.
Bitcoin had only serve as alternative means of diversifying incomes such as when saving with plans of long term goal and it's complex feature of investment because of its decentralization ans digitalization.
But on the psychological senses, bitcoin had indeed changed the mindset of enthusiasts all through risk taking such as patients with the market volatilities also encourages investors for long term financial plans.

[slaman29]

I don't know if that is true tho. People would have said the same about gold and even well, to some extent other commodities. But the degenerates that come into trading year after year, they don't see this, and some people 'trading' after 10 years still don't see this.

They might rationally understand it but their addiction to turning a quick profit still rules over their brain.

If you can't think maturely by your life experience with normal investment, I doubt Bitcoin does this.

[Hamza2424]

Well, most of us are here for instant profits, that's how bitcoin is being known to everyone. No wonder why the critics of bitcoin call it a ponzi scheme. But when we start to be attached with bitcoin, our mindset and perspective about bitcoin slowly changed. This is no longer about money alone and how to get rich, but this is already about security and financial stability in the future.

Long term hodling may not be enough, but I know it alone can bring big difference in the future. With this, we managed to be more patient, less greedy, goals are no longer short term but long term, and we chose to stay calm and firm despite of bitcoin price fluctuations. All of these traits are what we actually need in real life to live a less stress and more productive life.

Basically bro, the nature of Bitcoin is such that a new investor thinks it is not made to be held for a very long time like gold. Gold has been around for at least 10,000 years, and you can't really compare it with Bitcoin. But if you do, then in the eyes of gold lovers you will look like those people who compare memecoins with BTC haha.

So my point is, BTC is still seen as code, a program. They say that even if you offer someone $100k in BTC and $100k in gold, many people would still choose gold because they don't want to take the risk, especially millennials haha.

There will always be weak hands and those who sell at a good price to book profits, while weak hands will even sell at a loss so they don't lose more. These kinds of people don't think Bitcoin is worth holding the same way gold is. The main reason is lack of knowledge and optimism.

[BluebloodCXVI]

I don't know if that is true tho. People would have said the same about gold and even well, to some extent other commodities. But the degenerates that come into trading year after year, they don't see this, and some people 'trading' after 10 years still don't see this.

They might rationally understand it but their addiction to turning a quick profit still rules over their brain.

If you can't think maturely by your life experience with normal investment, I doubt Bitcoin does this.

Perhaps you’re right, you can only bring the horse to the stream but you can not force it to drink from it. So basically bitcoin can only have impact on the way people think about time only if they allow it to have this said impact.
Anybody that genuinely values patience and long term growth will definitely see time in a different way than most other people through bitcoin but if a person is only there to be chasing quick money, they will surely carry that same mindset into bitcoin and even other assets too

[slaman29]

I don't know if that is true tho. People would have said the same about gold and even well, to some extent other commodities. But the degenerates that come into trading year after year, they don't see this, and some people 'trading' after 10 years still don't see this.

They might rationally understand it but their addiction to turning a quick profit still rules over their brain.

If you can't think maturely by your life experience with normal investment, I doubt Bitcoin does this.

Perhaps you’re right, you can only bring the horse to the stream but you can not force it to drink from it. So basically bitcoin can only have impact on the way people think about time only if they allow it to have this said impact.
Anybody that genuinely values patience and long term growth will definitely see time in a different way than most other people through bitcoin but if a person is only there to be chasing quick money, they will surely carry that same mindset into bitcoin and even other assets too

Unless you bring in thirsty horses, then you don't even need to tell them what to do (in this example if you identify people with addiction, you only need to show them the casino they know what to do lol). Actually this is the entire way gambling companies market now, they look to get and hook people prone to addiction then they let loose everything on them to keep them playing.

These guys enter BTC and treat it the exact same way. Bitcoin won't change their mindset

[Alphakilo]

I don't know if that is true tho. People would have said the same about gold and even well, to some extent other commodities. But the degenerates that come into trading year after year, they don't see this, and some people 'trading' after 10 years still don't see this.

They might rationally understand it but their addiction to turning a quick profit still rules over their brain.

If you can't think maturely by your life experience with normal investment, I doubt Bitcoin does this.

Perhaps you’re right, you can only bring the horse to the stream but you can not force it to drink from it. So basically bitcoin can only have impact on the way people think about time only if they allow it to have this said impact.
Anybody that genuinely values patience and long term growth will definitely see time in a different way than most other people through bitcoin but if a person is only there to be chasing quick money, they will surely carry that same mindset into bitcoin and even other assets too

Unless you bring in thirsty horses, then you don't even need to tell them what to do (in this example if you identify people with addiction, you only need to show them the casino they know what to do lol). Actually this is the entire way gambling companies market now, they look to get and hook people prone to addiction then they let loose everything on them to keep them playing.

These guys enter BTC and treat it the exact same way. Bitcoin won't change their mindset

Well, Bitcoin won't change your mindset intentionally, it is only when you believe in it and start acting in the best interest of making good returns from it, that's when the mindset of being disciplined to see it through comes to mind.
If an investor decides to invest in Bitcoin while throwing away the rules of maintaining security and sovereignty, they have already lost more money and that's because they lack the knowledge of how to use Bitcoin to achieve their wealth goals.

[MRY]

Well, Bitcoin won't change your mindset intentionally, it is only when you believe in it and start acting in the best interest of making good returns from it, that's when the mindset of being disciplined to see it through comes to mind.
If an investor decides to invest in Bitcoin while throwing away the rules of maintaining security and sovereignty, they have already lost more money and that's because they lack the knowledge of how to use Bitcoin to achieve their wealth goals.

Financial success is based on technical knowledge of storing asset. Bitcoin is not a miracle that does not require the owner and function by its own. To protect their assets against external threat, investor need to make sure that their digital wallet are secured. Everyone can succeed in the long term in case they are ready to study security practices.

[slaman29]

<>
Well, Bitcoin won't change your mindset intentionally, it is only when you believe in it and start acting in the best interest of making good returns from it, that's when the mindset of being disciplined to see it through comes to mind.
If an investor decides to invest in Bitcoin while throwing away the rules of maintaining security and sovereignty, they have already lost more money and that's because they lack the knowledge of how to use Bitcoin to achieve their wealth goals.

I think what we meant to say in the end is that, your mindset can only change if it was always open to the idea of that change in the first place.

If you're an addict for fast profits, and Bitcoin was the next thing you would try, and you don't believe in tangible longterm value and patience etc, it would never ever change your mind.

But if you were already a practical person who understands about true value, and don't speculate, and don't take gambling risks, then Bitcoin will just convince you more that there is such a thing as a valuable asset that appreciates and grows by fundamentals. It won't change your mind, it will give you more conviction.

[Curious T]

There is nothing wrong with spending your Bitcoin in Bitcoin. It is also money. So when you have an opportunity to spend it, feel free to spend it. It's not all about expecting profit. If others had not spent their bitcoin, it wouldn't have been what it is today. It's also normal to expect profit and hold for a long time, but spending some of it when the need arises is not a bad thing. Having a mindset of holding for a long time is good, but let's not forget that bitcoin is money, and since we can't live life without spending money, we should be able to spend our bitcoins, too.

[BluebloodCXVI]

<>
Well, Bitcoin won't change your mindset intentionally, it is only when you believe in it and start acting in the best interest of making good returns from it, that's when the mindset of being disciplined to see it through comes to mind.
If an investor decides to invest in Bitcoin while throwing away the rules of maintaining security and sovereignty, they have already lost more money and that's because they lack the knowledge of how to use Bitcoin to achieve their wealth goals.

I think what we meant to say in the end is that, your mindset can only change if it was always open to the idea of that change in the first place.

If you're an addict for fast profits, and Bitcoin was the next thing you would try, and you don't believe in tangible longterm value and patience etc, it would never ever change your mind.

But if you were already a practical person who understands about true value, and don't speculate, and don't take gambling risks, then Bitcoin will just convince you more that there is such a thing as a valuable asset that appreciates and grows by fundamentals. It won't change your mind, it will give you more conviction.

@slaman29 thanks for clarifying @Alphakilo. God helps those who help themselves.

There is nothing wrong with spending your Bitcoin in Bitcoin. It is also money. So when you have an opportunity to spend it, feel free to spend it.

Nobody is arguing with you that it is not your bitcoin. But you failed to point out to the fact that if a person spends their bitcoin when they have not yet gotten to a reasonable accumulation level, it will definitely reduce the size of their portfolio because anytime they spend from it, they will have to earn and replace back that bitcoin that they have spent and if they keep up with it, this can hinder the growth of their portfolio and perhaps even make them stuck. Now this is where backup funds comes into play because with backup funds, you won’t need to spend your bitcoin anyhow because your backup funds is gonna be there to help you remove the need of selling from your immature stash and allow your bitcoin portfolio to grow.

[cyberninja2]

Financial success is based on technical knowledge of storing asset. Bitcoin is not a miracle that does not require the owner and function by its own. To protect their assets against external threat, investor need to make sure that their digital wallet are secured. Everyone can succeed in the long term in case they are ready to study security practices.

There's no miracle for someone to succeed financially. Without a method for storing things they won't achieve the results that make success possible for anyone especially when it comes to storing assets. Without a system none of this will translate into tangible benefits in the future. Therefore a strategy is needed so that when we feel our health is lacking having assets saved will give us more freedom and a more purposeful life in our old age.

Therefore every activity especially for us as people involved in Bitcoin investment if we do not know how to save of course we are always in an emergency situation that approaches us to not be able to have assets for our future therefore in investing we must also have a mindset for the future so that we have a number of assets even though the assets are in the form of the number of BTC that we collect but it is not a problem but by having a number of assets of course our finances will always be sufficient even though the amount is in a digital wallet but when we need it of course we can immediately make a withdrawal.

[Out of mind]

Bitcoin should not only be seen as our financial asset, but also as our investment and wealth. Bitcoin teaches us to think differently, especially long-term thinking and gives us a sense of freedom and a global perspective. However, when two people only chase the price of Bitcoin, they will face mental stress, excessive risk or financial loss. We must increase our mental toughness by investing in Bitcoin because the market can be volatile at any time and if the market enters a recession, we will face losses. That is why investing in Bitcoin with a long-term plan is the best because the possibility of loss is low, and patience is definitely needed to improve financially. Since the supply of Bitcoin is limited, its demand will increase in the future, so if we prolong our investment, it will be our future wealth.