Replying to Avatar Alan ₿

There is a dark side to first finding out about #Bitcoin

Oftentimes, newly minted plebs will stack a modest amount of sats, and then simply sit on their hands and *wait* for hyperbitcoinization to occur.

Juneseth refers to this phenomenon as “Bitcoin purgatory.”

Do not fall into this trap. Instead, save in Bitcoin and focus on your craft. The more productive each of us are, the sooner the world adopts a Bitcoin standard.

Don’t forget to enjoy life as well. Remember, it’s about the journey.
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Sea Beaver 2y ago

This is a valuable insight. This is even made more difficult by the entrance of more new plebs in the bull market. They think they are going to get rich, but they really have only purchased their admission tickets to their first bear market. The ensuing drawdown is equally distracting

from the more productive and rewarding pursuits and activities.

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