I am enjoying my crypto experience more than ever these days as there is no rush. Everyday is a new day with another opportunity and it has been like that for nearly 4 years now. In 4 years who knows what we will all have as it will be more than what we have today. One day I will enjoy my crypto but not at these prices.
I was thinking today as I was wondering why I feel so comfortable being in crypto compared to users who may have been involved for years. It may have to do with how we have learned to stake on Hive thinking the long game and not about instant profits and gratification.
Don't get me wrong I enjoy trading but there is somehting about making gains by doing absolutely nothing and only holding that is just as rewarding. When you are thinking long term and not trading for profits there is no pressure and you actually can have fun with what you do.
Hive teaches you to save via holding which is something many have no clue about. Today is all about the now and instant gratification. If crypto is going to change your life for yourself and generations that follow then the mentality has to change as well.
There is nothing wrong in spending what you have made or more likely a small percentage of it as the bigger picture is more of the same. I haven't had the fortune or misfortune of spending any of my crypto yet and the first purchase will be a phone. My son lost his last month and I know he has been battling so I promised him a replacement which will be bought from crypto.
I just have to take my time on this as if I bought one next week then the questions would be asked can you buy me this or that as you are making serious cash quickly. Crypto can be rewarding if you have a strict policy of building what you have first as for many after this bull cycle what will they have to show for it? A new car or a holiday somewhere but nothing left over for the bear cycle to buy the dips.
My strategy is to sell what I have but not to spend it on everything and anything as it is there to move me forward financially. I have to purchase some new machines for work which will generate more turnover and hopefully more profit which will go directly back into crypto. I don't see crypto as a free lunch as at some point many of these projects will be worth billions of dollars meaning the coins have value.
Buying a new car just because you have the resources when you already have a car makes no sense in my mind. A bit like the pizza that is now worth a few luxury houses in value. I see my spending as slightly differently as it is generating more income all eyeing the end result of financial freedom.