hottake: most anyone with internet access and a strong consistent work ethic should be able to accumulate a whole #Bitcoin before the halving
Discussion
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I want to agree but there is one caveat, it depends on the currency you use; so really what country you are in and your income in that currency.
It shouldn't discourage people from stacking by any means. Any amount of bitcoin is better than none. 🍻
Hottertake: most anyone with internet access and a strong consistent work ethic won't be able to accumulate a whole #Bitcoin after the halving
takes 6-18 months to reach apex historically, then with 70% drawdown thereafter there may be plenty of relatively cheap sats for the next few years
that being said I agree it only gets harder and no one can predict what happens next
Wish I could agree....
But, to accumulate bitcoin and pay bills, one must have extra money to buy bitcoin after all bills are paid, to stack a full coin before the halving.
64% of Americans live paycheck to paycheck and are in debt over $10k.
I'm one of them.
So, How do I stack a full coin before the halving when I now have to pay $650/mo minimum on all debt and only make $2000/mo not missing a minute?
(Debt is only a Car Payment and former car repair bills only, so i could get to work, no bullshit spending)
I was one of them too. with zero salable skills. it’s definitely possible but it will cost a lot of proof of work that many shrug off before they even try
I have a sellable skill, Cannabis growing...
Can teach anyone...and have over 50 consults under my belt....
But, market is bottomed out here in MI and most home growers have stopped growing due to electric rate increases. We pay $0.18/KwH.
Currently work in the legal cannabis industry, 100% undervalued & paid.
Guess it's time to learn a new sellable skill huh?
What skills will the world need in 2yrs?
Any ideas where I should start?
exactly, have to be willing to shape shift and social engineer your way into a new career. jobs are tough right now but there are still many opportunities for anyone who can read & write in btc. really depends on personal preference, but that hunt is probably the hardest part, learning new skills is fun
Staying Humble and Stacking Sats to me is about making sacrifices in “the now” for “the then”
Many think their spending problem can be negated by more revenue, more high time preference investments and etc…
The humblest was to reach stacking goals is to start with the overhead, ditch the exotics of now and dial into the signal.
Time is running out. It’s just math.
what is the halving? price go up?