I feel terrified by the price increase tbh.
- I earn Bitcoin, which means I earn less each month.
- Developing in a bull market is way harder than in a bear.
I'm not ready for this.
Discussion
I am with you on this one! Kinda lost and not sure what to expect next 🐶🐾🫂
That is something I always worried about. Thx for sharing.
Is there a solution like convert more to fiat in bull markets?
and yes nobody wants to convert to fiat, but you have to pay for your living
The mental struggle is real, I just try to think that in the long run it won't matter because the increiae in purchasing power is going to be greater
💜
Yes, but the purchasing power of the less money you earn stays the same.
Unless it's 1M you're always ahead compared to dollarbucks.
Well, it can't stay underpriced forever if we want it to actually succeed.
and add scammers and streamers to the mix.. And normies coming to you for help with BTC purchase..!
For everyone earning Fiat the looming recession might even be scarier.
The real reason bear markets are for building.. It makes sense to me now!
Out of extreme volatility episodes that can be pretty tough for persons living on #BTC, you don't own less each month in purchasing power terms.
So it's most the second point that would make me worried to be honest. But it's more exciting than terrifying IMO