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0 sats \ 0 replies \ @hodlpleb 20 Jan 2024 \ on: Hodling Requires A Lot of Patience bitcoin
This is why I recommend setting checkpoints that are several years out. If you can make the decision “we will reconsider everything after the next Halving” with a level head, then you can go back to that decision whenever you are in a momentary crisis.
Some other thoughts:
- Think of bitcoin as your retirement. If you wouldn’t raid a 401k plan (& take the penalties) to solve your current crisis, why would you sell sats?
- Keep enough dollars on hand to ease the pain of any logical crisis that might come up
- There will always be another crisis, so don’t think solving the current crisis will actually solve your life