People don’t understand bitcoin is a savings mechanism not a fucken get rich quick mechanism.
It's both.
Timing only.
Actually, when properly applied, it is also a get poor quick mechanism...
Only if you have old man shaky hands.
That's actually one of the more interesting aspects of the people who have been here for a while. Our normal is normal to us, but most people can't do what some of us have done. How fucking huge is the mental gap between people?
What? 5 years of Ramen noodles and an $800 car while HODLing (then:potential) millions in crypto? No sweat. The will to hold out for billions is what is in play. Do we need it? Do we even really want it? Even strong hands eventually say fuck it. If one is already well fixed, maybe its easier. I wouldn't know
These old hands have some shake, no denying. But the grip is as strong as ever, make no mistake.
Creating dynastic wealth is probably no help to your descendants, as they will typically dissipate any fortune within 2-3 generations, and be dumber and less happy for it. So, what is enough to do what YOU want to do, with enough left over to give the next gen a leg up, but not lock them into a life of useless squandering? What is HODLing worth, in the end? First world problems abound!
I don't intend to leave anything behind. Only people able to make money are fit to inherit it. It may still happen, mind, but I don't actively plan on it.
No, my bitcoin money is going to a (at this point purely hypothetical) family, if I can find a girl worth sticking with. That may (probably will) involve moving to some other part of the planet, which will require... money. Once settled, we will have as many kids as I can reasonably afford to pay for. That's the why of making money. So you can have kids, and still live as you want instead of being for all practical purposes a slave.
