2014 hodler's thoughts

Each paycheck is now worth ~0.19% of my total sats. I have been in the space a bit. I am a little dead inside due to "same shit different day" mentality in this space. The price is getting smaller. I see the typical calls for people to hodl on or jump in or increase DCA. Quality memes are nowhere to be found. It reminds me of past bear cycles.

What helps me during times like this is to remember the fundamentals. Nothing has changed. Blocks are still being solved about every 10 minutes. Code is still being written. Proposals are still being discussed/modified/dropped/fought over. Bitcoin is still based on real-world resources. People are still saying that bitcoin is dead/dying/ponzi scheme. People I know that make 3-5x my salary still think it is only used to wash dirty money.

I have no grand secret or huge life lesson for you, simply because bitcoin is boring (also its most important feature). The messaging is always the same. Adopt a low time preference.

I hope it helps some of the newer hodlers here who are planning to stay. The panic and self-doubt you feel will pass. And you will do it again, and it will pass again and so on.

P.S. Do not leverage trade to try and catch up.