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I sold my $1000 in bitcoin as it was proving a distraction. I was constantly checking it's value. I also came to the conclusion I don't believe in bitcoin. I wa
by p0d 6y ago
I sold my $1000 in bitcoin as it was proving a distraction. I was constantly checking it's value. I also came to the conclusion I don't believe in bitcoin. I was just hoping to make money which doesn't resonate with my values. I am good for money. I am thinking of turning my attention to micro loans to get my mind off the topic of myself.
It took a long walk to break the bitcoin distraction and start to see sense. I think we should be wise about the technology we let into our heads. Especially when that technology is tied to money. I have 6 bank/share apps on my phone I check frequently. This may be my next area to tackle.
- spookthesunset 6y agoStuff like that is exactly why I just invest in boring market-wife index funds.
- nidgood 6y agoDude she might be boring to you.. but she is someone’s wife. Have some respect .. sheesh ..
- Viliam1234 6y ago> I sold my $1000 in bitcoin as it was proving a distraction. I was constantly checking it's value. One more reason to HODL. Buy some bitcoins, forget that they exist, check the situation 10 years later... either bitcoin doesn't exist anymore (more likely), or you are a millionaire (less likely, but the chances are better than in lottery). My colleagues are watching bitcoin prices all the time... most of them don't even own any! I bought some, and they were like "hey, did you notice the price went up, are you happy?" or "hey, did you notice the price went down, are you sad?" every day. I told them "guys, please do not talk to me about bitcoins; I am going to check their price in 2030, and until then, I don't care". I have an approximate idea of where the bitcoin is now, because seeing the headlines on HN, it is hard to avoid the information. But I don't know what happened yesterday, or during the last week. I could check the current price in 5 seconds... but I won't, because emotionally I just don't care. Instead I will submit this comment, and then try to forget that bitcoin exists. (And this is not specific to bitcoins; I would do exactly the same thing with gold or stock market. Unless active trading is my job, which it is not, I do not need the daily numbers.) I wonder why this is so emotionally easy for me, and many other people seemingly can't do it. It's not like I don't need money. I don't even feel particularly stoic. It is suspiciously similar to learned helplessness. Maybe I just focus my attention elsewhere... like writing comments on HN.
- p0d 6y ago> My colleagues are watching bitcoin prices all the time... most of them don't even own any! I love this comment. It shows how different people's brains are wired as you say. For me bitcoin is like the story of the princess and the pea. I know it's a tiny thing but I can't get it out of my head. I have shares I live with quite easily. Shares seem as close to me as I can get to actually having a connection with a product. I think I struggle morally to persue money for moneys sake. That's not a judgement on bitcoin owners. I just know for me I don't give two hoots about bitcoin and that somehow is important to me. I don't do the lottery either as I decided some time ago not to dream of what may be. This is a quick way to lose a sense of gratefulness for what you have. Anyway, from the over sensitive to the emotionless, good luck with your coin :-)