Class of 2021 here. How do I enjoy a bull market? I’ve conditioned myself to desire drawdowns and max pain as I can obtain more sats per dollar. As I experience my first true bull market after diligently stacking in the bear the past two years, I’m filled with anxiety as I can buy fewer sats per dollar.

Am I overthinking this? Why does a rising bitcoin price give me anxiety when everyone else is celebrating?

cc nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

nostr:note1ssljzz2gz0jd5rpy5kyhtxl7get7lq83nlfam69f40a83shych8syhqqhc


I share this sentiment entirely…


I had this feeling viscerally in 2017, the only way to fix it is to go even harder next bear market.


and it gets worse with every bull market. for me the worse was  having to deal with the noobs "i have just arrived, let me explain you why worldcoin will moon". very hard to avoid just pulling the "dude, i am here since 13, so shut the fuck up and listen". but with experience you learn to just let them touch the stove and start give them the alpha only slowly when the hubris passes


Just have to accept your fate


You are close to enlightenment


How hard did you go since 2021 ?


☝this guy gets it! Welcome to pain for those who understand the true value of bitcoin. NgU means time is ticking. ⏰


Accept that as time goes by you will get less and less sats.. just stack consistently and responsibly


Good job 👍


I wish I was anxious. I feel numb and dead inside. It's just a number now and I don't care what it is.


Onward 🫡


I think we are conditioned to assume what is good for me must be bad for someone else. This is because true win win situations are rare.  Bitcoin going up in value is the best thing for world, regardless of our personal benefit (although you're part of the world too).  If you view bitcoin going up as the networks way of protecting itself from consolidation of UTXO ownership then it's easier to celebrate IMO.


Do you legit have anxiety over the price? Or is it that you now have more responsibility than you ever anticipated?


Don't get wrapped up in the hype, and keep your head


The 🤡🌏🌎🌍 bull is the Bitcoin bear market

Invert your mindset


This is the logical way to think if you have a long time horizon. We literally just got a massive pay decrease and we'll never get it back. Normies have it even worse


Your second question is very timely. I think the answer is yes to both. I have anxiety that as price rips I will not be able to buy as much bitcoin. Also, do I trust my setup enough as the value I control grows in fiat?


Do you have more 🌽 then you had last month? Keep it simple, and do more productive things with your time than worry about price. This is what I aspire to do.


Assuming the next bear market never sees $54,000, doesn’t that mean we need to get stacking more sats now?!?  The pressure!


I feel the same way but I’m from the 2022 class. I think when you get to a certain stack size, you start to enjoy the pumps more.


Who can explain the concept that the creation of digital scarcity can only happen once?  I’ve never heard it explained well enough that I can completely understand and explain to someone else
#bitcoin #scarcity Bitcoin


Came in ‘22, fortuitously right after the Terra/Luna collapse. All I’ve known is dumps. And they’ve been glorious.


If Bitcoin was replaced with a "better" option, how long until the better option is replaced with an even better option?  It would just prove there never was digital scarcity at all.  Confidence in any digital scarcity would be destroyed.


Life is hard. Having your assets appreciate in value is hell on earth. I suggest you get fired from your job, and acquire some complicated medical condition, that should fix your anxiety.


Seriously, just don't pay attention to the price. You may still have a speculation point of view. See Bitcoin as your savings account, just keep stacking and plan for your future.


Thank you for your service! https://image.nostr.build/2965d74ceff1bdc11ecb4cecbf33737e9da933809c9e77bd3d8003595749356a.jpg


I feel you. Try to spend time on stuff not directly related to Bitcoin, listen to consume other types of content etc. Resist the urge to go levered long!


Can't wait to stack harder in the next bear one.


Onward 🫡


pay to play


one cannot truly enjoy a bull market, it is like celebrating the demise of the world we grew up in


Absolutely.

I came into the space in 2021 and have been slowly stacking since then. Majority of my time in Bitcoin has been in a bear market so I've conditioned myself the same way and I feel what you're feeling now.

I've recently been exploring the world of Austrian economics and Libertarianism and I've realised this is a much bigger movement and Bitcoin is one but very important part of a bigger picture of a future with a free and open internet along with Tor, Nostr and other protocols. So price is slowly mattering less to me now.


Drink heavily :-)Get used to self-doubt at every drawdown, and disbelief at every rally.. Keep perspective, and once in a while remind yourself where the price was 6 months ago.


its just a fact of life that the utility of your labor will go down with time. that's why the present is so crucial because it has the most impact


Just enjoy the ride dude


Earning bitcoin has been a helpful hedge against fear of scarcity. If I want greater flows, I know I need to work harder and/or smarter. The market rewards value.


I once felt anxiety about not having enough sats, then I remembered that most people still don't have any at all. These prices will probably seem cheap in 5-10 years.