What I mean is, if you tell relatively poor people like me "stack, but don't spend", we will actually buy less Bitcoin because we need spending money.
In fact, we might end up stacking more Bitcoin, if we also were actively spending it because a bit would be left over every month and would start to accumulate in our wallet.
I think people who have larger stacks don't really get the psychology of people just starting out stacking at these high prices.
If you think about it, its all relative. Many of us started at the top of the market and price seemed very high to us. Today everything under $1M per coin seems underpriced to me.
You get 1415 sats per dollar today, thats a lot of sats!
Yes, but we have the comparison and we felt the ride down and back up. Our perspective has changed.
The person entering now feels the same "damn, that's expensive, hope I'm not too late" feeling we did. The price always seems high, when you enter, even if you buy at a bottom (because you worry that it might go even further down).
But I get what you're saying, that everyone had that moment, at first.
My point is more that a lot of the people entering now aren't the "early adopters" market. I was in the last wave of that segment.
We're crossing the technology adoption chasm.
We are very early. There is many different accumulation methods. DCA, saving, V4V, taking a loan, selling a house and so on. Generally, the more time you spend on studying Bitcoin, the easier it will get to go all in (whatever it means to specific person).
Don’t over analyse, we’re all early. Stack sats and you’ll be amazed at what you can do and how your purchase power is preserved. That’s the bottom line. I’ve been stacking gradually for over 6 years and it just feels good to have fallen down the rabbit hole. I don’t compare my stack to others. My stack has seriously preserved my savings and energy. Respect and gratitude to Satoshi and the many cypherpunks who made the breakthroughs to get us here🔥
Man spits truth 🔥 I think of my stack as something I want to give my kids and grandchildren. At some point it’s going to help my family tremendously. Until then more grind.
Ability to stack and see how over years I am able to preserve my savings and grow my buying power helps a lot to go to fiat mines daily. I am not breaking my back for nothing.
Often the messenger gets shot for simply having a big stack or having gotten in early, even if they give your proposed advice verbatim.
That's why I think it's important that people with small stacks are more vocal. We need to make it known that most Bitcoin owners don't have all that much of it, but we still see value in it.
More vocal than now? 😂
We are more vocal than vegans lmaaaao
