About Time To DCA and Be Patient with Bitcoin

本站添加: 2026-06-07

[00:00:00]market looks a little bit depressing.

[00:00:02]Not just in the past week, but in the past month, down 25%. In the past year and a half, I expected that we do something different that it's not going to be the exact same four-year cycle where you sell in May and go away and then after Mayish, it goes down even more in June, but it tends to do the same thing. What do we learn? If you have a four-year cycle, it might be pretty clear. That's what we can say in hindsight. At the moment though, back then, if you remember like six, seven, eight months ago, institutions all buy Bitcoin. Different states in America buy Bitcoin. The ETF for Bitcoin is out. Things go up.

[00:00:44]October 678 happens, goes down. Why? I think it was like the 461 day high or something. And based on statistics, it goes down after.

[00:00:55]Yikes. Well, happens. Now the question is just like last week should I sell and then it goes down. Do you think and I said yeah I should but you never know because the thing is at this stage everybody shorts the market and everybody shorts the market at some point this thing happens where they long the market then it goes back up. That would be an issue because then everybody who shots the market and just sells now gets [ __ ] Will that happen? We don't know. But short squeezes exist for a reason.

[00:01:29]Here's something to think about. Whether it's for this, for alcoins, for anything else.

[00:01:34]Does this have a use case? If so, it will survive the long term. Because then we're not at the stage of everything being down. We're at the accumulation stage right here before it goes back up.

[00:01:48]We're at the accumulation stage and then it goes back up. And then we're going to enter the accumulation stage from now until pretty much the end of next year and then it goes back up.

[00:01:59]If you hold it longterm regardless and you don't want to sell it, then the only question is how do you increase your income? Because I think for most of us, if not all of us, the market doesn't matter. It's all about how much money you make to put into the market. Because if we speak in Bitcoin terms, if you earn 0.05 05 per month, $3,000 at the time, and this goes to 150,000, then you only earn 0.02 Bitcoin per month.

[00:02:26]But if you could increase your earnings by 2x, you would also have way more bitcoin. So you might think, I should have sold and now I should have bought or wait a little and then I should have bought again. Great. That's an additional play. But the biggest difference is going to be in you adjusting your lifestyle, decreasing cost, increasing your earnings, and then putting more into the market.

[00:02:49]Because the guys that end up winning are the ones who are the most resilient over time. So if they bought at 67,000 four and a half years ago or they bought it at 17,000 in 2022 or they bought it at any stage in between they don't care because they generate way too much income as if the you know so the investments don't matter too much. So we kind of got to shift our mindset. question again is what do you do if you expect it to go down to 50 or even 40,000 you could sell it now then you might get a better entry with like 30% additional reserves or you do absolutely nothing because you never know when it turns around you might long the market or which for me again tends to be the best possible thing you do DCA into the market and do nothing I kind of hated that I did round trip right from here to here and we didn't sell but it seemed like would be a super cycle. Was there a super cycle?

[00:03:45]Apparently not. Was there an alt season?

[00:03:47]No. Was the NFT that I bought from Neotokyo from Alex Becker worth the amount of money I spent? Also no. But that's the case in hindsight. If this would have been differently, maybe Neotokyo would have been the biggest thing around. Crypto gaming would be huge. You never know what gets released.

[00:04:04]And some crypto coins would be at a way higher valuation than they are right now. Then you in hindsight would have said, "Oh, I wish I would have kept it.

[00:04:12]Resultsoriented thinking is dangerous because if you only base your thinking on the result you get after and you base it on the result and then think back oh this was right or wrong you won't make it far because hindsight is 2020 20. If you could bet on roulette and you either bet that it hits black or red, almost a 50/50, or you bet on exactly number 17, the one single time it hits number 17, you will say, "I wish you would have bet on 17." But in pretty much every single case ever, that's a dumb decision. Same mindset, same metaphor for this. Sure, it went down based on our thinking at the time, it was still the correct choice to keep it.

[00:04:55]Based on my thinking, you might have thought differently if you thought I should have sold it because you really wanted to sell it and then you didn't or your target was 129,000 when you tried to sell it and we didn't reach that.

[00:05:06]Unlucky.

[00:05:08]My thought process is I want as much of this as I can get. So when I'm mid30s in like 10 years or so, I want to be happy.

[00:05:20]And if I have like an extra one Bitcoin or not, if I don't have any expenses currently, it doesn't matter. And sure, you can say, but I want to own my own apartment. I want to have a nice car.

[00:05:33]Well, what if you instead spend some time in your mind and then you get rid of the desire to have it? So you save all the headache and the money and the effort and the time and you realize you don't need that.

[00:05:44]Isn't there this saying that everybody should be rich and famous so they realize they don't want that? All you want is like a different different emotional stage. If you wanted to buy the newest iPhone 5 years ago, so like an iPhone 12, you were happy at the time because you got the newest phone. If you can buy the exact same iPhone now, an iPhone 12, factory, new, sealed, are you happy? Probably not. Why? Because it's 5 years old. It's the exact same thing, just at a different moment in time, and you don't care about it anymore. 5 years ago, you wanted to have that. You would have spent $1,200 on that. Maybe up to 2,000 with like one terabyte in storage, max settings, all of that. But now, you don't give a [ __ ] The same thing will happen for everything else you want in life ever. at least most things things that are materials. So if instead we increase earnings, decrease spending, this doesn't affect you. It still [ __ ] with you mentally, not going to lie.

[00:06:43]But if you're free and you don't have debt to anything and you can do anything you want, that's worth more than the number. Plus, if this goes to like 150,000, will you sell it? No. Because in the moment, you think it will go to 200. If it then reaches 250 even, will you sell it because I think it will come back down or do you think well if I sell it now I can't afford it later therefore I should keep it. Ask yourself what your future self is going to think about this in the future when that moment happens when you as of now would like to sell it you'll be a different person in the future. Would you still sell it then? I know if this goes to 150,000, let's say next year for whatever reason, I will keep it because I think it's going to go higher. Will I sell it? Not necessarily.

[00:07:28]Maybe at the stage where I want to exit the system, buy a farm in the middle of nowhere and live off grid and have nothing to do with any financial system.

[00:07:37]Maybe. So, I can afford that as of now.

[00:07:41]No.

[00:07:42]So, the price shouldn't matter. Sure, if you could have had more if you sold and then rebought it now, you could have had twice as much. Well, you don't. You're still alive and there's just a number.

[00:07:56]Imagine this has like the number five in front of that and it said over half a million. Amazing. You want to sell it to buy a car? Wow. How would you rent the car and you realize you don't want it?

[00:08:09]How about you move to a city where you don't need a car?

[00:08:12]Problem solved. Sometimes if you make your situation worse, aka different, you rid yourself of the desire. The place I live in, I don't want to drive a car. I would [ __ ] hate that. If you live in a state or a country where you need a car, you probably want the car. If your self-worth is based on the material thing, you probably want the material thing. But that's an inner emotional state you got to change on your first because the thing only facilitates what you think you're lacking, which is all in here.

[00:08:44]Those are my words of wisdom.

[00:08:47]What do I do in the meantime? I just stack stable coins because I I think if this one goes back to 70 and above and then it keeps rising, I'm fine.

[00:08:55]There will always be something else you can buy. If this goes down to like 40k and we have this exact stage here, then at the end of this year, we can buy again. happens. Happens. Again, my strategy is always if you earn money, set aside most of that. I mean, like 70 to 90% depending on how good your month is and just pay for your future self. I know in the future I'm going to live in an apartment at least for the next couple years before I would buy a place.

[00:09:28]Why don't I just pay my rent up front? I might even get a discount, which I did, of like 23%, which is pretty good. That means for every four months I live here, one month is free. Next apartment is going to be half the price. And I aim for the same thing.

[00:09:43]Simple. Ask yourself, what do you really want? Because I know there's all finance and number and magic internet stuff and buy, sell, whatever.

[00:09:50]But what do you actually want? Because I realized about my space. This corner is pretty useless. Sure, I have like my dip bars standing there and a shirt, but I pay rent for this space.

[00:10:04]I don't use that. Why do I lose money every single month paying rent for this space? Lower it. Less space but more functional. I guess we're just in different stages in life, different mental stages.

[00:10:19]But what I say is probably going to make sense to you once you bought all the stuff that you wanted to have because then you realize you don't want all this [ __ ] You just want more of that so you feel better. And once you feel better, you want to feel better again. So if you have a million, you want two. If you have two, you don't have five. If you don't have five, you wish you would have 10. And if you have 10 one day and you think it's enough, your friend has a really nice boat. You don't. Now you feel bad. Same cycle every single time, just with a different number. Free yourself mentally. And this doesn't affect it too much. I will DCA more into the market, but I think I'll only do it once a month with like 30% of what I earn. Rest I keep in stables.

[00:11:03]That's the playbook for now. Let's see how it goes. Until then, take care.