Oddbean

being a bitcoiner in bear market is easy as fuck, theres only one thing to do and the recipe is so simple. Being a bitcoiner in bull market is another class of stress, is now that existential threats start: you should abandon the hated fiat-mine you hate to find a better job for you? Its now time to start a family and make kids, or wait for another cicle of staking? Even simply, what the fuck doing with the money from the fiat mine? Still dcaing at higher high? Sell something at the top for future expenses? Bear market was a joke, bull market is where you need to be really strong and smart.

I do believe it's easier if plotted time before. Like, you have to think what kind of bull market or level of adoption you'll need in order to feel at ease on changing your personal situation and making bigger moves with less uncertainty. I do believe this moment is different for everyone, but I also think generally the probability of that to happen increase exponentially after 2 cycles you are in at least, so like when you are approaching the third one.. and I am just guessing and make some random prediction as I am not there yet, not even had a full on cycle. I would say when your dcaing does not move meaningfully in % of your stack, that means your average cost is so far from actual values, you will probably be fine just being on a bitcoin standard forever.. again, just guessing.