I've been following Bitcoin for years and sometimes I wonder if holding long-term actually improves your mental health… or destroys it.
For those who held through multiple cycles, how did it really feel?
People who bought BTC before 2020 and held was it worth the stress?
byu/Mission-Stomach-3751 inCryptoMarkets
Posted by Mission-Stomach-3751
20 Comments
No, I hate it when my investments increase in value.
What stress? Ignore the numbers, it’s a POW digital asset that you can self custody and self settle. Been holding much before 2020.
No stress here. It’s an investment. There are only two outcomes. It either goes up or down. It’s hard, but remove the emotional aspect of investing. I do this through DCA, not looking at charts.
Yes, once you understand the cycles. It’s not stressful
Held through multiple cycles. The hardest part wasn’t the price, it was the patience. Worth it in the end, but definitely not easy on the nerves.
Stress?
1 BTC = 1 BTC. Fiat mindset. The inflation will eat you alive
If you don’t look at the charts every 3-minutes there’s no stress. DCA and put it into a wallet that you ignore. Life is good.
I’ve had 0 stress so yea. Whether crypto or stocks I buy and hold so it’s nbd
Yes, I bought a car and paid off some critical bills with my BTC/ETH holdings. I learned a lot along the way also, making me a better investor for the future.
It was easier in 2017-2019 IMO because the trade was less crowded and there were so few true believers, it just felt like quietly buying and holding lottery tickets.
When conversations did come up with people who didn’t trash it, they were usually intelligent and even humble. Not so much “btc is inevitable” type talk.
There were crypto bros but i don’t think they got noticeably bad until the NFT and meme crazes in 2021.
*set it and forget it*
Well it was educational.. And 1 btc is still 1 btc.. Better to ask gold bugs..
you only stress if you look at the charts.
if you invest in Bitcoin you just need to hold 8/16 years and you’re ok
Not worth it cos celsius and the twins fucked us.
What stress? You just hold and chill.
+1000%
You’ll get as many perspectives as there are posts because everyone reacts differently to wild swings
What stress
Yes absolutely. Not working for about five years now. Mostly living off ETH staking rewards these days. Debt free.
Of course it’s worth it. Just like now.