This is a rough cycle. Mentally as far as I'm concerned we haven't had a a bull market since 2017. 7 years of meaningless chop ....as always there's light at the end of the tunnel, but just when I think we're reaching the end, we round another corner.

Not sure if other hodlers are like me, but I find it difficult to live in the moment. I do my best, but it's almost as if my life is on hold until we have a raging bull market. There are places I want to travel, a home I want to build, but instead I'm stacking and waiting, and the years are going by.

My first child was born around the last bull market, I've spent the majority of their life obsessed with bitcoin, stacking sats, and waiting for our "real life" to start. I still think I've been a good husband and father, but I know I could be better. Unable to ever fully be present, that nagging hope of a better future always in the back of my mind.

As bitcoin cascades down today in yet another liquidation wick, I can't help but reflect on the past. Perhaps we're all destined to be Moses, wandering the desert for 40 years, the imperfect saviors of our individual tribes. We'll be remembered, but only our children will ever reach the promise land. Could be worse I suppose. I still don't think that's very likely, I think we very well might be rounding that final corner of the tunnel, but I'm trying to come to terms with the fact that that might not be true. Perhaps there's another 33 years of wandering.

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Important to recognise this .. because from that recognition you can take action .. or not

“Life is what happens whilst you’re making plans“ 🧡🤝

I'm nothing if not self aware for whatever that's worth.

You might try thinking of it like just a censorship and seizure-resistant savings account that you try to add to more than pull from. Still purchase a few nice things to enjoy in your physically capable years, if you can.

Certainly the right answer, and to some extent I definitely do think of it that way, but impossible (at least for me) to not also see the investment case. Something to work on.

Sometimes I think this way and then I remind myself that all of the best things in life are cheap or free. Trips to the ice cream shop, playing at the park. Hiking. Biking as a family, going to get a hamburger and fries etc…

Kids don’t need trips to Europe or whatever. That’s shit that adults want. Kids like regular life.

You also don’t know what unseen benefits being marginally poorer are providing you.

For instance I could have bought a home with a bedroom for every kid and probably still will at some point. But the bunk beds and shared bedrooms my kids have increase their bonding when they’re young making it likely for them to be closer when they’re older.

TLDR Hodl

You said forever. Time to mean it.

Best I can do is 33 more years.

I mean of course I’m never selling. And you’re right, particularly about the travel, my kids hate traveling.

The home, on some land, living a pretty different homesteadesque lifestyle is probably what gets to me more. Because that I see as an improvement to daily life. But that’s in my head, not theirs, they’re very happy right where we are because it’s all they know. Thanks buddy.

The kids just want you man, they just want their dad.

They want you to take them out to pizza and ask them about their day.

Life is simple. No need to over complicate it.

Facts. Weekly game/movie nights. Toss in a camping trip here and there. Simpler the better. Be present though.. they know the difference.

You said on an interview that you made a deal with God, that if the Bitcoin thing worked you would be his. Here I can see that you're holding up your end of the deal. Helpful to me as I'm opening my Bible while the family's asleep, thanking God for Bitcoin but praying that I wouldn't be so distracted with it. I want my kids to grow up to seek God with all their heart. The purpose of Bitcoin is to NOT have to think about money. Lots of love to you.

That was nostr:npub1hk0tv47ztd8kekngsuwwycje68umccjzqjr7xgjfqkm8ffcs53dqvv20pf actually.

Ah, I see. Thanks for the correction.

Holidays with young children are overrated 😂😂😂

Needed this today. Was just searching for American HODL clips on YouTube

This is a great point thanks.

Some of my best memories as a kid were sharing bunk beds and a room with my brother. We chose a smaller house to HODL and just had our first.

Live shot of BTC reading this. BTC just doesn’t care about your plans. And you don’t want it to.

100%

hang in there 🫂

I was once obsessed with building a business for a couple of years. My wife said even when I was physically with the family I was mentally absent. That was a wake up call.

Go be with your family. Bitcoin is great, but it isn’t going to save the world and it will be meaningless to you if you have a broken family.

Be focused on building little things, especially with your family, here snd there. Bitcoin is your savings. It's not your entire life. Build, and you will have more of a life to enhance with your Bitcoin.

Thank you for this post. I feel largely the same and am embarrassed at my buy averages for being in bitcoin since late 2017. Time to stop watching price to justify myself and live life instead.

what do you want to do that you can't do today in terms of living?

Feel this brother. If there was another choice I might have taken it but I don't believe there is. We play the hand we're dealt the best we can.

What helps me get through is focusing on today and not tomorrow or yesterday. Not being present is robbing you of your happiness today. Lower your time preference. Stack sats and forget about them and keep attacking your fiat life and make strides. Let the sats you've accumulated be the icing on the cake down the road instead of the entire cake itself. Your descendants will look back and thank you for it.

Wanted to zap you for this reply

Can understand you well. Try to keep it objective. The central bankers have pulled the toilet bowl with their uniquely aggressive interest rate policy and sucked out massive amounts of liquidity. What is then turned into money are highly liquid assets such as btc. We are in the middle of a new liquidity cycle and btc started another run from 15.5k. And it's nowhere near the end. Give it time.

Look: I've been recommending btc to God and the world here since 2018 and I'm the laughing stock of the neighborhood...

Tomorrow I'm going to the Feria in Ronda and forget all that.

Cheer up, we'll all come out of it okay!

You’re a great dad

Great articulation

Feel it man… I need some cash and I’ve been waiting for the right moment. Now I’m kicking myself because it just keeps going lower. Here’s hoping a nice rally will occur soon.

You can take a loan against bitcoin, so you don't have to sell it.

Hang in there, man. Hodling is no joke, especially if you watch the price daily. The 2020 Covid panic drop was a gut punch for me. I thought we had turned the corner. I was ready to stop renting and buy a place in PR. I tend to hold most of my value in BTC. Well, everything turned out alright a year later, and I bought a place. The moral of the story is that max pain is expected, and when a lot of people feel the same, that's usually when things flip around and take off regarding the Bitcoin price, even if it takes longer than expected. nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpr9mhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0dsq32amnwvaz7tm9v3jkutnwdaehgu3wd3skueqkshq8e is right; the best things in life are free. I feel like traveling hysteria took off because of social media like Instagram. People spend half their vacations taking pictures of themselves and where they are instead of enjoying the moment. At the end of the day, things like going to the park with the family are free and a much better time. My parents took me to Disney World when I was 8 and Portugal when I was 10. They were the only family trips we ever did. My dad worked a lot. I barely remember those trips, but do you know what I remember vividly? Sundays at the park with my dad playing soccer because it was mainly the only day he had off. Stuff like that was more memorable than traveling. I do see a lot of Bitcoiners not enjoying life and going through something similar to what you are. I lived it for a couple of years as well. Nothing is more scarce than time. You don't want to be old and have regrets. Does this mean blowing the whole stack and traveling the world? Nah, it means figuring out what you really want in life and what makes you happy. Also, sometimes life makes you sell some of your stack; that's life. I sold to buy a place in PR. I could have bought a massive place, but I chose to buy a modest place instead. Be smart with it. So many things are unnecessary, but the fiat world is always marketing that your way to happiness is through the big house, nice car, expensive gadgets, traveling the world, jewelry, etc. It's literally non-stop marketing everywhere you look. That's why so many people are depressed, thinking they're less because they don't have those things or experiences. Screw that fiat propaganda. Hope you end up getting out of your own head we have all been there. Feel free to reach out if you ever need it. I know mentally, sometimes being a Hodler can be rough. God bless 🙏🫂

Great post. Right there with ya.

Keep being patient man it’s all going to happen for you

Beautiful post, great replies, what a nice group of people. Can't imagine better brothers and sisters to wander the desert with. Come what may you guys... amazing life!

Sometimes I feel the same but then I realize that I have a beautiful family, I'm healthy, I have a roof over my head and food on my table. There's nothing I value more that the time spent with my wife and son.

I think that's another hidden feature of Bitcoin, the normies think it's a get rich quick scheme where in reality it's a loooon and winding road. Making you focus on what's really important

this post and all the replies and likes...holy fuck.

Found myself in an odd mood earlier, and felt like sharing. Have received many nice messages since. 10/10, would post again.

respect for putting this out there, brother. sometimes its healthy to take a step away from our passions (even bitty) and take stock of what we have, and where we want to go.

much love to you, your wife, and children. you have so much my friend! all the best!

Couldn’t share the same sentiment any harder. Keep stacking. And remember, if our lives never get to reach the starting line, at least our kids and their kids will reap the rewards of our steadfast hodling. Rock on brother 🤘🏽

Cheer up, global liquidity is increasing, fiscal dominance will force monetary inflation and dollar is getting weaker, ie. bitcoin ngu.

Like nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a says it best, "Nothing stops this train."

Not about price.

Zoom out. Remember that you are part of a still tiny group of psychopaths who even know what the price of bitcoin is on any given day let alone year. Walk around any city or town and ask yourself how many of the people around you have even the slightest clue what money really is. And realize that you own an actual piece of a global currency that has outperformed any asset you could have ever acquired over the last 15 years. You can’t truly appreciate a bull market until you’ve survived all the bullshit.

this.

Nobody will get rich with bitcoin. That train is gone. Bitcoin is mature enough now, its capitalization process is done. From now on it will still deliver double digits growth, being better than most assets in the market. But that's it. Save what you can in bitcoin and live your life.

Now you've noticed I think its practical to add in some things to look forward to which aren't BTC related. I also feel like this sometimes.

I just read your bio and this doesn’t add up. The bio sounds gangster and this sounds sad. 😊

Lol, we all have our moments. Don’t worry I ain’t never gonna stop stacking sats

Lol, I knew it 😁

On Twitter I’m a permabull, always have been, always will be. And generally that is what I actually believe deep down.

But here in Nostr I feel like I can be a little more nuanced. The bullishness never left, it was more like just sharing some side effects/inner thoughts that accompany the bullishness. Sounds stupid writing it out, but whatever. It’s more just an acknowledgment that hodling is a hard road, and carries a mental burden. It’s still without a doubt the right thing to do and the only path.

It was a great post. I agree with your sentiment.

it is a bit deflating. I sometimes feel the same way. But seeing for how long you've already been invested, you've been through worse. It's all a matter of perspective. I have a friend who is just in the middle of his first 4-year tour...he is ~2x up on his investment, yet he is pessimistic about his investment since "everyone is selling".

For me, I hope that we have some time before the rage starts, cause I‘m pretty new here.

I hope you find your peace with the present, since there is no such thing as tomorrow …… which is easier said than done, obviously.

we're going to be at 500k by next year pussy.

Hold on to your durags

Read more books on money, history, Bitcoin. It shores up your conviction and clearly allows you to see through the bugs on the windshield (long term thinking). The bugs distract most people (daily movement of Bitcoin).

When we are young it's very hard to work for the future - our time preference is now - not a decade away where you see all those 'old people' -

I wish there was a 100% deal. Never has been, never will be. But #Bitcoin is as close to a historical event for investing I have ever seen (I'm 62 this month).

As old as I am, we think the same staking SATs - and if I have to go to the grave stacking SATs so be it. I started stacking SATs daily in 2017 and been doing it ever since.

YOU have a lifetime ahead of you regardless of what happens! And your commitment virtually assures success at something. I believe it will be Bitcoin as an early adopter. Stay committed and read LOTS of books (or listen to books on tapes when you can't read).

"When" Bitcoin wins, it will not only be good for you and the fambam, but for billions of others around the world (we old people think more about that legacy stuff! lol).

“You miss all the shots you never take” - Wayne Gretzky

Well said.

(I’m 60)

Life is about balance.

Time is fleeting.

I didn’t have a “toy” until I was 32, and that was my brother in laws POS quad I bought for 250 bucks.

Had 2 houses, a wife and a one year old child before a toy.

Just work hard, save, read, think, ponder, enjoy your family.

Read some more.

Work.

Read even more.

Good luck! :)

I studied precious metals since 2010. I didn’t really hear about Bitcoin until 2014, but didn’t start studying it until 2020.

One thing I learned about myself is to truly grok precious metals (and Bitcoin for that matter) it requires a shift in how you view things. Paradigm shift. I like to think that my time spent learning about the metals prepared me to “get” Bitcoin quicker than I would of otherwise

A great resource for developing the mindset I’m talking about is a YouTuber called Belangp. Here is a great video talking about paper price vs the underlying asset. I think it will help you in your struggle

https://youtu.be/AAFLTZSX0iQ?si=YGm6u6O05HVgNojl

I like the quote from nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp that "Bitcoin is not a get rich quick scheme, but a not get poor slowly scheme". We're all in it for the long haul. Over a multi-year horizon, it's hard to find anything else that can show the growth Bitcoin has had. We just have to look at least 2.5 years to get past the volatility and see the growth. I'm optimistic.

We haven't had a bull cycle since 2017? I don't think I can agree with that.

Faces have not been melted since 2017.

I have made my peace with the likely scenario that none of us alive today will be there for hyperbitcoinization. Wielding bitcoin is infinitely more important than Hodling. Your time is more scarce than anything, so spend it wisely. Spend it with your family and accumulate skill capital that you can pass down instead of a trivial balance of sats.

My gut tells me that we're in another manufactured FTX like bull run suppression followed by a crash into the next bear market.

My gut could be wrong but the more I learn about the ruling psychopath class the more I believe that they do not want a bunch of peasants becoming rich enabling them to escape the hamster wheel and showing other peasants the path out of slavery. They will do whatever it takes to suppress BTC as long as possible and at the very least put doubt in the minds of the NPC normies.

Sure we more than likely will blast through 100k at some point this cycle but it won't surprise me if we don't come close to some of the high profile predictions of 300k - 500k. (or 1m)

This is just a feeling of course with nothing to back it up.

Hang in there bro.

Don’t get held up on the insane gains of 2017.

I think this year is like 2016, the 2017 type gains are for next year but probably no wear near as much % gains. We may never see such a run ever again

Fucking hell we are in a good situation compared to this time last year.

Shorten time preference. Stack for your kid.

Life will be great.

I appreciate the raw and deep note here. 🤝

The Exodus from Egypt to the Promised Land was originally supposed to take around 11 days based on the direct journey from Egypt to Canaan, but the journey took 40 years due to the Israelites' disobedience and wandering in the wilderness.

We may be the modern day “Moses” (of sorts), but how long we spend in the desert and whether or not we make it into the “Promised Land” is entirely up to us.

Just reread this... I hope you and your family have a great Thanksgiving!

Thanks man you too! Quite a difference two months can make huh?