What changes have occurred in the lives of those who bought Bitcoin years ago? Today, we discuss the changes in finances, life, career, and mindset of ordinary people who invested in Bitcoin early on:
1. Financially: Debt-free, original wealth accumulation, financial freedom
In what era one blows the winds, early Bitcoin investors have enjoyed significant dividends in the course of history, achieving basically debt-free status and stability in finances, completing the original accumulation of wealth, and thereby better enjoying the compound interest of capital. The financial ceiling is very high, which means everyone is showcasing their unique abilities.
2. In life: Two types, the actively enjoying group or the increasingly frugal group
The actively enjoying group goes without saying; they improve their lives, treat themselves and those around them well, which is very reasonable. The other type understands the opportunity cost of spending money better and thus becomes more restrained. My parents and husband have both remarked on how I've become increasingly frugal 😅 Although I still spend in various ways, I do think I've become more restrained with expenses. For example, I used to buy a bag just because I liked it, but now when I consider buying a bag, I quickly calculate that 80,000 for a Chanel equals 0.1 Bitcoin, with an opportunity cost of 800,000 or more 😂
3. In career: Increasingly relaxed, able to work if capable or not, and career transitions
For those still working, it's because they have earned enough money to withstand unemployment, making the workplace feel more relaxed. When one has a backup plan, they are no longer worried or fearful. Additionally, there are more career direction changes; they are no longer just ordinary employees but have more passion-driven career choices, such as cryptocurrency entrepreneurs, independent investors, influencers, etc.
4. In mindset: Strengthened risk awareness, more freedom and confidence, lifelong learning
Successful individuals generally experience severe market fluctuations and multiple bull and bear market transitions, thus developing the psychological resilience for long-term holding, leading to greater stability in mindset. They are also more capable of protecting those around them and are more composed and confident than before. Out of respect for the market, they continue to learn and strive to keep their understanding in line with the development of the times.