Here’s a story for $106,600 per Bitcoin.6 years ago in 2018 I stacked cash all year knowing I would rebuy bitcoin at the “bottom”.
We spent 3 months or so consolidating around $6,600.
I got impatient and was like fuck it this is my moment and deployed half my stack.
Bitcoin promptly fell another 50% to $3,200.
I felt like shit.
The bears were on parade and everyone on twitter was calling for $1,000 or lower.
We had just had our first child, I was still in the hospital room when the price collapsed.
My wife was napping and my 2 day old was sleeping on my chest while I scrolled Bitcoin twitter.
Suddenly I decided fuck it, I’m just going to dump the rest in now.
Immediately after I made the buy a wave of panic swept through my body.
“Have I just destroyed the families future? Was everyone else right? What if it fell 50% like everyone says it will?”
I had to leave.
I waited until it was time for the babies feed and excused myself from the room.
I went for a long walk around the block with extreme negative chatter running through my head.
I kept telling myself I was the stupidest person alive, I was being irresponsible, I was going to lose all my money etc…
As I kept walking I felt better.
This is just anxiety.
This isn’t real.
Bitcoin is the truth.
I did the work.
Even if it falls another 50% it will go to millions one day.
There’s not a doubt in my mind.
By the time I returned I was calm and focused.
Today even my “worst” buys from that time period have 100k attached to them.
The moral of the story is this.
The best financial decisions of your life will not feel good. Far from it.
In fact you are much more likely to be sick to your stomach.
Everyone likes to pretend that they’re some zen monk.
I’m not.
I feel all the feelings.
Every emotion.
And I feel them strong as fuck.
I simply choose to persist in my belief.
It isn’t easy.
But then again nothing in life worth having ever is.
Do yourself the favor right now and buy the “expensive” 100k bitcoin.
One day there’ll be an extra million dollars attached to it.
Then 10 million.
Then 100 million.
This train has no brakes.
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https://www.YouTube.com/watch?v=ejeIz4EhoJ0
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