What do you think of people who achieve financial freedom with Bitcoin?

A fan told me that he tried to hold 300 Litecoins at the end of 2017 and spent 6,000 yuan to buy them. If he could hold them all the time, based on the price of 300 US dollars at that time, he should have nearly 600,000 yuan in assets at that time.

But do you know why he threw them away after only holding them for a few weeks?

Because in those few short weeks, his life was filled with Litecoin. He checked the market in the morning, checked the market while eating breakfast, secretly took out his mobile phone to check it while working, checked it at lunch, checked it on the way home from work, checked it before going to bed at night, and even struggled to check the market on his mobile phone when he woke up in the middle of the night.

I was happy when the price went up, and I felt sad when it went back down. The future expectations are certainly beautiful, but the present life is so difficult. I couldn't help but check the market, I couldn't eat well, and I dreamed of Litecoin.

If it goes on like this, I feel that my nerves are going to be weak, and my body can't bear it, so I just throw it all away. It's not because I don't like Litecoin, but because it affects my normal life too much.

The biggest problem with current virtual currency trading is that it is a 7*24-hour non-stop trading, unlike most trading products, which can let people rest on weekends.

As a product that may fall by 50% at any time, this all-weather trading mode is very torturous. Even if you are ready to hold it for a long time, the feeling of a significant reduction in assets is still not good. When 6,000 becomes 3,000, you can still deceive yourself that it's just for fun, but later after the surge, 600,000 became 300,000. I bet you will definitely wonder why you didn't sell some earlier, even if it was to reduce the holding cost, after all, a small BMW is gone.

So, you still have to take it out from time to time, otherwise you will feel insecure.

In short, if you ask me what I think of those who rely on Bitcoin to achieve financial freedom, I think they have endured a lot, especially psychologically, but this time, their tolerance has been fully rewarded.

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