Topic: Has it gotten better for you? - page 2. (Read 2151 times)

Interesting topic. Yes, it has gotten way better. During the last few months, I have experienced my wealth literally going up or down $100K+ in a matter of hours. And that's from a guy who still has a day job, and until very recently paid mortgage every month. It's been an almost psychedelig experience so far.

It's gotten better though. I feel very, very confident that whatever short time roller coaster rates we'll see, this shit is gonna skyrocket in the long term. The genie is out of the bottle. No bad news from China, no retarded panic sellers, no 90% speculation market volume, can change that. Cryptocurrency is here to stay.

+1, and holding a lot of my savings in there too now. Just have to go with the flow, zen-buddha mindset indeed.

Day trading is insane so I just wait and see while I try to diversify my money a bit and also give some BTC to friends and family.

A few key points:

A) Its OK to be obsessed (you're an evangelist!), just dont hang out at the trollbox too much and dont look at the price everyday.

B) Explain the technology to friends and family, the best way is give them some BTC, even .1 will do. Many people wont recognize the value of something until they have a bit, and everyone I have given some too has become more interested.

C) Constantly ask for more companies and services to accept BTC. This is extremely important. Send Wikipedia 3 emails a week.

D) Spend some BTC. Everyone hoarding and holding makes for a VERY unhealthy economy. You dont have to spend 20% or even 2% of your holdings, anything from .1-1% of your holdings per month should be used for services and purchasing goods. If you live in the USA, make an effort try to buy something Made in the USA with BTC as this has the potential to have a profound effect on our sagging national economy and put us at the forefront of a next generation one. If you dont want to use BTC savings for purchases, when you want to buy something, convert fiat into BTC just for that purchase and/or have a separate, smaller BTC wallet just for spending.

By spending BTC, you directly increase its value a non-zero amount.

the nervous energy that one builds up over the rise and fall of bitcoin is not conducive to a healthy lifestyle. you feel miserable when you are afraid of losing a large portion of your wealth; the only solution is to become more zen-like, or to unload the amount of capital you have in bitcoin.

the nervous energy that one builds up over the rise and fall of bitcoin is not conducive to a healthy lifestyle. you feel miserable when you are afraid of losing a large portion of your wealth; the only solution is to become more zen-like, or to unload the amount of capital you have in bitcoin.

The price fluctuations have never bothered me as I'm holding for a considerable while, but I like it when the price is rising and can't help but feel a little smugmode. When you first get into cryptos there's obviously the whole if only I had bought when I first heard of them or why didn't I buy more? etc, but that's passed now. I also used to constantly check coinmarketcap, but now I only really look once or twice a day.

Don't watch the chart all day, it is pointless. With time you get used to ups and downs.

I'm in it for the long haul, so all of this "shoulda, coulda, woulda" talk is useless.

If anything, it's fun to see it gain more recognition no matter how the price fluctuates on the markets.

I feel that I am obsessed with bitcoin.

It gets easier the longer you're around it; I learned about btc back when it was 40$, and the first crash I experienced in April I believe, when it hit ~$250 and dipped back to double digits, I thought that was wild.  Anyway now that seems silly, considering where it is now; thinking about where it will be in the future, this all will seem small.

Price goes up, price goes down, the blockchain keeps plodding along.

I think all the panic is for nothing.
There is nothing strange about Bitcoin having ups and downs and personally I am positive the value will increase to new heights in the future

How you view BTC that is? When it takes big dumps and crashes, I don't really panic anymore. I also don't think to myself "if i had only put in $5,000 into it a few years ago, I'd have enough to retire now" anymore. A month ago, when all this hysteria hit, that was all I could think.