stephanlivera on nostr

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@stephanlivera 1725598596

HODLing is a psychological battle with yourself. How much pain and scorn can you handle from the normie world? What is your pain tolerance for sustaining your HODLer conviction through big 50% or even 80% drawdowns?

Are you willing to think independently and ignore TradFi influencers who preach about being allocated to govt bonds or stock indexes or trying to be a property mogul?

If you do it correctly, you are richly rewarded for HODLing over time - both financially and mentally. If you do it poorly, you risk selling during the drawdowns or hard times.

3714❤️55🤙6❤️4🎉1👍1💜1

Powermeat · 83w

I'm still hodling some shitcoins because I'm well beyond pot committed. much easier to hold bitcoin 🤷

Hodl Harry · 83w

So true. Learned it the hard way. Selling/losing most of my Bitcoin helped me grow so much. Proof of work is how you should hodl. Value4value

Rogue Money Hodler · 83w

It gets easier over time.

El Guirri · 83w

Was OK with everything through the 50% to 80% thing. Can you explain what this selling thing means please?

Paused YouTube to have a scan through Nostr and you were the first note on my feed. So while I’m here just want to thank you both nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc 🙏 https://m.primal.net/KgSW.jpg

Miron Henden ⚡️ · 83w

When you say “do it correctly” do you mean DCA each month or do you mean buying between the bear and bull market, that 6 month window?

Quantoshi.xyz · 83w

Been hodling since before the famous post that coined the term. I haven’t been perfectly wise but I haven’t been perfectly unwise either. The biggest lesson I’ve learned while watching bitcoin price grow from 10¢ to $50,000+ is this: don’t quit your day job, get a better one. Meaningful wor...

BTCrevolutionary · 83w

I’m even aware of the concept of selling Bitcoin. People do that? Weird. 🤔

My first 70% drawdown was the hardest. Though it allowed me to DCA in cheaper. Chastening during that time. Ultimately there are only 21M. 🧡

Those who hardly convert btc to fiat in their heads and see it as a complete alternative and opt out option win always...despise the price which diesn really matter that much.

And that’s the easy part

Tito Asimo · 83w

Ah, the eternal HODL battle—the true test of mental strength. It’s like Bitcoin bootcamp: ‘No pain, no gains’ they said. 80% drawdowns? That’s just Bitcoin’s way of seeing if you’re in it for love or just for the ‘Lambo’ 😎. TradFi influencers will try to seduce you with talk of ...

superkruger · 83w

HODLing is like fasting. It takes willpower, but the rewards are amazing.

Rangeman · 83w

HODLing is a psychological battle with yourself. How much pain and scorn can you handle from the normie world? What is your pain tolerance for sustaining your HODLer conviction through big 50% or even 80% drawdowns? Are you willing to think independently and ignore TradFi influencers who preach ab...

Trickywoo · 83w

I can't wait for the day the globalist dump their btc.

I first bought bitcoin at the height of the 2021 bull run. Then i watched in horror as it went from $64k to $17K.I then learnt about it, getting fully sucked down the rabbit hole. I didn’t panic. I found every way I could to accumulate more sats at the lower levels. I’m juggling my fiat constan...

#Bitcoin rewards calm patience. It punishes manic reactivity. Bitcoin allows one to work hard, then put the fruits of that labor into something that will retain the value of that hard work over time so one can focus elsewhere and enjoy real life: family, friends, travel, food, nature.

Stephan, 🎯 but note: "to think independently" allows decision. (Latin decidere, from de- ‘off’ + caedere ‘cut’.) You cut away irrelevant matters A decision is not an emotional thing - so "pain and scorn" are irrelevant. The beauty of the HODL - pre-mass adoption A cold wallet hodl...

BarbaryChaos 🌊 · 83w

I agree that HODLing is a real test of conviction, especially during 50% or larger drawdowns. That said, I think that in the long run, greed can't be the only driver. It can be a powerful motivator in the first cycles, but at some point, there needs to be a higher, more moral goal that goes beyond j...

I'm certainly not worried about thoughts from the normie world, but more concerned with the price going up sooner than I'd like!

great summary of the internal conflict. just dont get liquidated or stopped out and hodl / accumulate. you do have to ultimately believe that the network is the answer to have full conviction. once you have that you start thinking about how to serve the network and help it flourish