RE: Are You Mentally Prepared For Abundance?
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I know all about the scarcity mentality. It's what we all grow up with and take for granted. Let's assume that BTC goes to the low six figures and ETH to the low five figures. Suddenly, the BTC and ETH bags I hold will be worth somewhere in the low six figures in dollars in total. And that's not even all the bags. That's much more money than I, a regular salary man, see in a whole year. And in the next cycle, I'm reasonably confident that I will be able to ape that into the seven figures. That's a prospect that raises so many questions starting from proper security arrangements that they would definitely interfere with my sleep.
Six figures would only help me set up a source of passive income sufficient to make sure the mortgage could be paid under any circumstances. Seven figures would enable me rethink a lot of things in my life starting from where I live and how I pay for my lifestyle.
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What you state is exactly the point I was making. And you just focused upon BTC and ETH. What about stuff like Hive, CUB, LEO, AFIT, or whatever else you are hodling (and accumulating)? Those could provide a nice windfall over time for you also.
It sounds like you are grasping all of this and what is taking place. This is a process.
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Yes, there's that too. I'm less inclined to trade HIVE, LEO or whatever HE tokens I have and just keep accumulating, though.
It most definitely is. I've been in BTC for years now. The reason I don't have more is because I did not have conviction from the very start. I should've just HODLd. What I regret is not looking into Ethereum in early 2017. Dropping $1000 to $2000 in January 2017 would've made me close to a millionaire by the end of the year. I believe I would've timed cashing out correctly because I did cash out some BTC in December 2017.
It takes vision and conviction to get in early and stay the course. Hive is full of opportunities right now. So is the rest of the space. In fact, there are so many of them that it makes no sense to be sorry for yourself over missing one boat because there is a whole fleet of them about to set out for the high seas as we speak.
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Yeah it is easy to look back and realize what we should have done. This can be offset by the fact that we can enjoy the actions we did take place. Of course, another key is to keep looking forward and seeing how we can make better decisions with the next run.
There are opportunities before us today which can do what Ethereum did a few years back. It is a good sign that we look back with a bit of regret because it shows the desire to keep adding.
It is amazing how $1,000 or $2,000 in the right token can turn into hundreds of thousands in a few years. We see it happening all the time within this industry.
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