It turned me into a saver which I never was one. However, when people say it changes you do people say that when they are in the red? Class of 2021 is struggling right now lmaooo ..maybe that happens when my purchase power goes up
Discussion
Usually takes 1 full cycle for the full metamorphosis, yes.
Would you say a full cycle is 4 years from any start point in the cycle? So regardless of where I get into the market I have to wait four years or can you enter at a certain point where you can live through a full cycle in a shorter period?
Yes, a four-year halving cycle is typically needed to undergo the full transformation.
You can get lucky and start stacking just as a new bull market starts, but then you’re more likely to make mistakes like take on leverage at the top. Same thing if you start stacking at the start of a bear market, but in reverse: you’re more likely to sell the bottom.
For this reason, 4 years are generally needed to become one with Bitcoin, undaunted by price swings in either direction.
My time preference just got even lower 🙏 🕊️
Everyone is different. Some people really take the time to learn it while others don’t. I have a friend that has gotten in and out over the past 2 cycles. He still doesn’t know what proof of work is or why shitcoins are a scam. I learned everything in 2 years and am not losing sleep over the price.
Im in your camp for sure and I don’t lose sleep over the price…but when it comes to bitcoin changing me? I don’t think that happens until I see my purchase power go up and that come with time and patience