Maybe i'm overexposed to Bitcoin... \ stacker news ~Personal

703 sats \ 19 comments \ @Fabs 26 Jan Personal_Finance

Ever since the price started tanking approx. two weeks ago, my mood started to, too; I'm therefore very happy to see the price starting to climb again- and so is my mood!

I think we're on the same page when I say that the "maybe" can be exchanged by "very much so"; and even then I'm not going to change my Stack (for now).

Bitcoin is the only real bet I'm thoroughly willing to take. I honestly believe that my sourly-earned Stack is my "ticket" for the plane to a brighter (financial) future- but there's still a lot of miles ahead, and thus, many turbulences to be endured.

Let's hope for less rain and many more sunshine.

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10 sats \ 2 replies \ @TNStacker 26 Jan

Stack Sats and stay humble.

21 sats \ 1 reply \ @Fabs OP 26 Jan

That's the plan, I won't give any promises for the latter, though! 🤫

0 sats \ 0 replies \ @TNStacker 26 Jan

🤣

10 sats \ 1 reply \ @OriginalSize 26 Jan

Investors wish they had ice in their veins but it's never true. What helps is perspective, hence the low time-preference, long time horizon tendency not to check the price.

I used to have a ticker on my phone but removed it, thinking being if no amount of price movement will cause me to take action then I don't need to worry about it. The information will find its way to me in one of many other possible ways.

1 sat = 1 sat, 827502

10 sats \ 0 replies \ @Fabs OP 26 Jan

It's the article's headlines which push me over the edge to check the price, I can't seem to escape those.

10 sats \ 5 replies \ @fm 26 Jan

Its a win win for you.. If the price drops, you get cheaper sats.. Why get moody? If you think its your ticket to something brighter, then you have to take the chance to stack more.

0 sats \ 4 replies \ @Fabs OP 26 Jan

There's this thing called savings account, and mine isn't that deep :D

0 sats \ 3 replies \ @fm 26 Jan

I hear you.. since i got my kids finances changed a lot here.

21 sats \ 2 replies \ @Fabs OP 26 Jan

Easy fix: sell the kids!

0 sats \ 1 reply \ @fm 26 Jan

Nahh, got two good ones

0 sats \ 0 replies \ @Fabs OP 26 Jan

Oh? One doesn't simply sell good assets; one rents them out!

1 sat \ 5 replies \ @ek 26 Jan

You need to get comfortable being uncomfortable¹. What you're going to do when bitcoin crashes 80% or more tomorrow? You're going to sell? If so, you're probably more overexposed than underexposed.

Bitcoin is a confidence game.