We’ve all been told things about Bitcoin. How it not only has the potential to change the world, but also cause one of the largest transfers of wealth in recent memory.
However, there are certain things about Bitcoin that are left unsaid. Things that no one will tell you, forcing you to learn them the hard way.
The truth is that once you have begun to truly understand Bitcoin and fallen down the rabbit hole, that is when the life-changing addiction begins. Something that will be nearly impossible to get rid of.
Perhaps it is because most of us investing in Bitcoin all share similar personality traits that allowed us to discover it in the first place. Or maybe it is just something that Bitcoin awakens in all of us that was already there.
For one reason or another, when accumulating Bitcoin, it awakens a hunger for more, and a thirst that cannot be quenched. It brings our greed to the forefront, and once it is out there in the open, it’s nearly impossible to eliminate.
Just think back to the days before you even knew what Bitcoin was, and it is likely that you were never doing some of these actions.
1. Constantly checking the price action of assets on your phone at an alarming rate.
2. Obsessing about your portfolio with sights set on early retirement. Being disappointed when it “only” increases by 2x.
3. Developing a personality similar to a hoarder, where you always need to be accumulating more Bitcoin. Obsessing about how much BTC, ETH, SOL, and other crypto you have.
4. Never being able to sell, even after your target price goals have been greatly surpassed.
We have all heard the stories about how people have changed their lives with Bitcoin. With that said, none of us are paying strong enough attention to how easily it is to lose touch with reality in this market.
I have experienced this personally as well.
Before investing in crypto, there were financial targets that I never would have thought possible for myself. Amounts of money that I would have considered myself “rich” and told myself that I would definitely sell at those price levels, allowing me to live a very comfortable life from here on out.
Yet, the reality is that I reached those price levels ages ago. When I first reached those goals, I told myself that I wanted just a little more. That I shouldn’t sell now, when the price still has potential to go significantly higher. But, as the years went on, I began to lose touch with reality with money. What most people would be ecstatic with were just numbers on a screen to me. Even though I had “made it,” it felt like nothing had changed for me.
Thankfully, this cycle, I’ve focused on recentering myself and paying attention to the realities of regular people all around this. This has truly helped me to not only remember, but re-focus on how lucky many of us are in this market.
This has been one of my secret tools that has allowed me to remain unfazed during steep price drops and bear markets. Even on those difficult days, many of us who have been investing in Bitcoin are still in a dramatically better financial situation than we could have ever dreamed possible for ourselves.
How about you? Have you ever lost touch of reality after you began investing in Bitcoin?
If you want to show your support for my writing, please sign up for my FREE Substack newsletter. If you upgrade to a paid subscription, that would mean a lot.
As always, thank you for reading!
