We dont own enough bitcoin - page 6.

CryptopreneurBrainboss

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

There's a saying that says 'too much of everything is bad' as much as we want to own more Bitcoin, at some point we have to stop buying because it might not be good for us.

Keep stacking sats but know when you have stack enough and take a break. Don't invest everything you have into Bitcoin, a time will come that you will need cash but you don't have any because you have invested all in Bitcoin and selling becomes a problem for you. I know people that are addicted to their assets they don't have physical cash but they have assets and can't sell them for cash because of the addiction of wanting more of that assets.

Being in that type of situations won't be good for our health, stack Bitcoin but don't stack more than you can afford to lose, don't stack an amount that will make your mind troubled when the markets sees a correction. You should be comfortable with any directions the market moves because you're in for long game and not looking to get a quick one and move on. We should be able to balance everything, while you stack Bitcoin, also stack cash for your daily expenses.

mv1986

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

Who would ever have enough of an asset. that is destined to increase in value long term? What does enough even mean?

There are all kinds of opinions and this does not only mean between different people, but one and the same guy might have two opinions depending on whether Bitcoin is currently on the rise or not. I have heard people saying that they missed to sell their bag and now Bitcoin is getting dumped and about to die. A few months later the same people said they regret to not have bought more during the dip. The thing that was said to be dying yesterday is now just having a short bad period and is soon coming back from that dip.

It is quite normal to feel the desire to own more of something that is going up in value, but if you have some Bitcoin, an amount that relative to your living standards could change something about it if you hold onto it for long enough, I think you did not miss the train. But there are others who really missed the train and are still hesitating. That's really bad.

Viscore

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Even highly successful investors don't own enough bitcoin in their wallet, that is why there is still high motivation to accumulate more and gain additional profits. However, I have no against with it trying to accumulate bitcoin as much as you can, but didn't you realize that focusing too much on bitcoin will make you miss other life's opportunities?

Life has no rewinds so make sure to live it to the fullest. Not to actually live with the best things in life, but to live a simple life and find happiness despite of not owning enough bitcoin.

Spaceman1000$

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

Having bitcoin at this point is very important no doubt because the bull run is around the corner, but one thing you should understand is the fact that even if you don't have too much resources to get as much of Bitcoin you want, you can use the small resource you have to get the the little you can, little by little you can grow the amount you've gotten but having it in mind that you want to get a good number when you know you don't have much resource will be very difficult, so stack the little you have and grow it.

Mate2237

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Op what you said is correct and I will also support your to say yes, inquisitive to gain more properties in life is good but if not properly handle it leads to a very serious crime which might lead to dead or life improvement. And that is why there is popular idiom says, "count the clothe according to the size". I believe we have all heard different stories on this proverbs. I have have enough has demonize many in the society. Because that curious to have might make someone to do extra things to get more Bitcoin and that should be the worst of them all.

Please any amount of Bitcoin you have in your portfolio or wallet, Bitcoin is okay with it and Bitcoin will never allow you to do extra things to get more of it. It is always okay in the wallet. If you are a working class then you can use DAC to acquire little by little and don't rush if you don't have enough. And don't follow people to accumulate the way they do because you might know how they get their funds to buy Bitcoin.

Sanitough

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We don't own enough bitcoin but even in the future, if you keep thinking your bitcoin won't be enough, then you will lost control of other matters in your life because you are too focused on bitcoin which I think is already not good. Bitcoin is not all what it takes, and is not all what we need in life.

To be honest, bitcoin is just a portion of our life's happiness, we can still be happy even if we don't gain majority of it.

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

I was just watching a youtube from KITCO NEWs with Gary Cardone. Thats right, Gary Cardone NOT his asshole brother Grant Cardone LMAO!!!! Gary had a lot of great things to say that were extremely logical and bullish. I'll put the link in here later.

I stopped watching Kitco since they started inviting Soloway there. He can't even admit to his mistakes, just doubles down every time he's wrong.
I tend to block channels that repeat FUD or invite idiots in to popularize their stupid theories.

Quote

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

This is correct, which is why I always tell people who ask me what I'll do when bitcoin hits 100k or 500k that I'll hold. Why would I turn an asset that increases my net worth so much and turn it into something that will decrease it like fiat money? There's many smart people who will tell you that most of us are poor, therefore we have poor man's mindset. When you reach certain wealth it becomes less important for you to earn money, start a company and all that. You want to retain wealth and make sure it's easy to move around and access and it doesn't lose value over time and bitcoin allows you to do it.

famososMuertos

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Just think about the following, for some reason bitcoin before meeting individual expectations, always for some reason sinks you into a time threshold, it can vary in years or months, someone remembers the annoying 3k, then 10k, they were not many years, but you do have to go through the volatility stages to understand that the emotion of holding can lead you to the mistake of holding more Satoshi (btc) than you can really hold, so own what you can, not what you want .

KingsDen

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Quote from: pawel7777 on January 04, 2024, 05:49:06 PM

There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.

People are just different and this difference is what set us aside in reasoning and in general lifestyle. These are different samples of people in bitcoin investment;

Those who sell their properties to invest in Bitcoin
Those who keeps buying and believing that bitcoin may worth a million dollars in the future
Some who might starve, I mean not live a comfortable life in order to invest
Some who believes that the reason they are investing is to have a good life and immediately they have money, they start living a good life

As said, there's more to life than bitcoin investment. In as much as I encourage us to buy bitcoin, we shouldn't do weird things to acquire it.

m2017

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

The thought and belief of not having enough of something brings forth the constant pursuit of that object. Thus, acting as if we never have enough of a resource will allow us cognitively to always be looking to acquire said resource and then eventually this will lead to a surplus, right? Gosh I hope so! Becuase I sure need to get more BTC and I don't have enough!!!

There are never too many bitcoins. That's why everyone wants it in abundance.

Surplus bitcoins? No, I haven't heard of this.

Quote from: tread93 on January 04, 2024, 05:35:19 PM

If we have this mindset then we will always be trying to get as much of it as we can. Lets face it, getting BTC is at this point more rewarding for the average person than buying Real Estate, Gold, Silver, Oil stock, etc. Lets keep stacking! I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

But will bitcoin continue to be so profitable? But I will prefer to accumulate, even if it becomes less profitable.

Is it time for a new hashtag #"WE DON'T HAVE ENOUGH - STACK SATS"?

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I always look up to those people who never get tired of fulfilling their life with their goals and admirations in life. Like the one who keeps stacking bitcoin as much as he can. But somehow, I have this feeling that if our minds are totally engrossed with buying bitcoin, then most likely we may end up forgetting that there's a life we need to live and enjoy, that even bitcoin cannot provide for us. Hence, having bitcoin is a lot important but it can never guarantee life's satisfaction and happiness.

Bitcoin may be our everything right now but in order to live life to the simplest and fullest, we should also learn to live life that is not reliant to bitcoin. By simply living with the most important thing in the world, that is having family that binds us with love and simple happiness in life.

ajiz138

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I DON'T HAVE ENOUGH - thinking the capital is bigger we are just comparing stacking BTC is simpler with small money maybe that's all I think.

I will not overdo it because I know the ability beyond the limit will cause problems, stacking bitcoin is important especially with the DCA strategy when it is capable then do it, if not then stop and resume after your financial normal again.

I have a family that must be provided for every month, so this will never be forgotten, but with bitcoin now it is enough as a future investment that has been thought of.

Finestream

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Quote from: pawel7777 on January 04, 2024, 05:49:06 PM

There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.

Bitcoin is not everything, although we need to acquire some bitcoin for a brighter future but we should also learn to be contented on what we can afford to have, than to chase for it every now and then and may lost other opportunities and fail to enjoy the best of life since we are always busy accumulating bitcoin. Bitcoin is important but we also know we can never have it all that's why we need to set a goal and stick to it. Once we achieved it, at least we should be grateful and thankful for that opportunity, and set limits if it's needed.

MinoRaiola

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Quote from: tread93 on January 04, 2024, 05:35:19 PM

I DON'T HAVE ENOUGH, WE DON'T HAVE ENOUGH!!! STACK SATS!!

The reason why many people think "we dont have enough" is greed. Greed is in all of us and it is not even bad. If it didnt exist, people would have little interest in changing or making a difference. So greed has a great value in that you always say, I have too little. You can say the same thing about money, or cars... but it is cool with Bitcoin. And no matter how much bitcoin you have, we probably all have more in common here than many billions of people in the world combined. So maybe we have enough?

abel1337

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Quote from: 0t3p0t on January 05, 2024, 12:58:11 PM

Quote from: pawel7777 on January 04, 2024, 05:49:06 PM

There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.

I agree with you mate. This really depends on our goal in life. But acquiring Bitcoin while living the life we wanted is doable at the same time. I mean wealth is important no doubt about that specially for people like me who wanted to have a financial freedom. I need to focus on that goal without affecting what's normal.

Having tons of bitcoin for me is a good thing but we all should stick to a possible goals. How many bitcoin are enough for us? It will all depends on us and our vision of our future selves. There's no need in buying bitcoin and sacrificing important things for the sake of bitcoin. What is the purpose of having too many bitcoin if we are sacrificing our ultimate goal in life.

At the end of the day, most of us want bitcoin for the possible profit we can make out of it, we will sell those when the time comes.

0t3p0t

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Quote from: pawel7777 on January 04, 2024, 05:49:06 PM

There is more to life than just bitcoins or acquiring wealth though. Don't get lost in chasing your tail. I said it plenty of times before, it's always best to have some goals set in life, i.e. knowing why exactly you want to acquire more bitcoins, how many are enough, and to what point are you going to hold them.
Collecting sats just for the sake of it sounds a bit silly.
And that's not even to mention all the "don't keep all your eggs in one basket" rule etc.

I agree with you mate. This really depends on our goal in life. But acquiring Bitcoin while living the life we wanted is doable at the same time. I mean wealth is important no doubt about that specially for people like me who wanted to have a financial freedom. I need to focus on that goal without affecting what's normal.

Wakate

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Quote from: yazher on January 05, 2024, 06:56:40 AM

It depends on how people accumulate bitcoins because everyone has their own way of investing in bitcoins, whether at once or every month when they get their salaries. Most of the time when a person learns the safest way of getting bitcoins, he won't hesitate to do it because that's the best thing he can do like for example buying bitcoins instead of spending that money on bad habits. There are lots of people who are successful after they buy low and sell high but right now I think the best way to accumulate bitcoins is when you only have the means to do so apart from your budget in your daily needs.

Bitcoin investment is what many newbie's are after and they don't even care whether they are something like altcoins market. The Bitcoin market capitalization is big and we don't have to feel too desperate to invest since the market will always be there for us to make money from the market. We need to have the habit of investing because this is one of the ways we can earn big from the market. We can make several decisions that will help us in a long way like saving for the future market reaction that would soon be in reality. The bull is here so we don't have to be too pressured complaining about the bear.

pawel7777

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Quote from: Darker45 on January 04, 2024, 07:03:35 PM

Bitcoin is wealth. Human beings are insatiable. So it is but logical and natural for human beings to not stop accumulating that which they desire. I have yet to hear a person who says I'm done earning money and from this day on I won't be looking for money anymore. On the contrary, even people in their old age want to make more money, not necessarily by working but they want to grow their wealth. This is probably the same explanation with people not having enough Bitcoin. But for as humans, echoing Nietzsche, it's probably the desire rather than the desired that truly drives us.

It's all about priorities. We all love food, but we know to stop eating too much before getting morbidly obese - the same is with earning money. If it takes too much of your time and disrupts other, more important, parts of your life, then you sit yourself down and have a think on what are you doing this for.

People quitting their well-paying jobs or giving up on high-earning opportunities to get a better work-life balance are way more common than many may think. In fact, it's mostly people who never stop to evaluate their lives and priorities, that fall into a trap of chasing money for the sake of it. And it's not just career-focussed ones, but also frugal types that keep refusing themselves everything to save as much as possible, but with no purpose. Then they get old and die.

Furious 7

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I don't really want to be influenced by some of the people you mentioned or other influencers who do say about bitcoin because in the end it will only make me feel less and do past the limits that I can to be in bitcoin.

I have my own life goals and of course I also have my own financial goals especially in the matter of investing in bitcoin because when saying the problem of whether or not we have enough bitcoin in the end it depends on the level of perception that we can so I don't want to cross the boundaries that make me stray from the strategies and ways that I always do for bitcoin because in the end even though it will generate a sense that we continue to be motivated in bitcoin because we think we are still lacking from the efforts made in collecting bitcoin but the risk in this case is very clear that we will be easily carried away and precisely that makes us go out of the original plan that we hold.

Focus on what we have to do, no need to feel rivaled by other people's ownership because in the end this is not a competition to get the most bitcoins but get what we can with the financial strength and techniques we have in collecting bitcoins.

moneystery

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that's great if you have a goal of getting more bitcoins in your holdings. but you need to pay attention that even though it is good to invest in bitcoin, you must understand the limitations of investing in it and diversifying to minimize potential losses is quite the right thing. because someone who blindly invests in bitcoin and does not understand risk management is not investing, but rather gambling on bitcoin. he is gambling his money on bitcoin to make a profit, which is very risky.

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