This bear looks stoned.
Granted, it was in a natural history museum, but I think the taxidermist might have been under the influence when setting the pose, and their mindset spilled into their art. Is taxidermy an art? I guess so, as it takes knowledge and skill, and I guess there is creativity required to get the poses to look natural, even if stoned. But when stoned, time is no longer as linear as we are accustomed to.
Much like the experience of waiting for crypto markets.
My friend sent this last night into a chat.
Funny isn't it? Yeah, "alt season" hasn't really begun in the way it might have in the past, but perhaps this is it now for a while. The other thing is, people get accustomed to the conditions very fast, where Bitcoin is sitting at about 105K, only a couple percent off of an all time high, but no one really cares. A 10 or 20 percent swing in the global markets is a catastrophe - in crypto, it just another day. The volatility makes us insensitive.
Have we missed it?
I don't think so and "hope" not, but it might be a bit calmer for a few months now.
Perhaps if I say that enough, the markets will market to prove me wrong like normal.
But, as I was saying above about the time, I think that even not in crypto, we are far more impatient than we were earlier as a society. Even though we know that success is helped by delaying gratification, we have set up our environment to encourage impatience. Everything is on-demand and available immediately, especially if willing to pay for it. And, everything is open all the time. There is very little we need to wait for.
Not only this, much of what we want also has a short lifecycle, which makes it disposable, so we don't have to commit to it for very long. We can make a bad decision, but we don't have to live with it. Just throw it away and buy another. This includes swiping for people matches too. Cars and televisions that used to last decades now get replaced in a couple years. Clothes that would get handed down, don't make it past a season. We can blame the quality, but the quality is driven by demand, and our demand is driven by quarterly trends. They don't need to build to last, because we aren't going to keep it anyway.
The companies don't mind.
It is like that story of the guy who got the job at J&J by showing how they can increase their profits by 10% instantly, and just added 10% more holes to the top of their baby powder containers. We consume more, demand less from the product, and they make more money. It makes a mockery of the environmental laws, doesn't it? If we are actually looking to save resources, more would be done to curb demand.
Impatience is killing our society.
The rush to get there means that we are wasting opportunity and resources along the way. But not only this, it means that we are going more "all in" on something that probably isn't going to work. Rather than spreading our development around, experimenting with different approaches, the world is increasingly centralising, even though what it is collecting into is known not to work.
One of the problems crypto faces is the impatience that people bring in with them, because it makes it feel like the industry is so far behind, without recognising that it is a new industry, looking to do things that haven't been done before, in a way that has never been organised at scale before. Look at how only a couple years ago, the prospect of 100K Bitcoin was ridiculed and mocked, yet here we are. Look at not long before that, El Salvador were ridiculed for buying Bitcoin - they now hold about 6000 at an average buy price around 45K - a 105% ROI.
A few years.
But even a few years is far too long for most people these days. A few months is too long.
"Summer?! That is six months away - fuck that shit, I quit!".
I am impatient too. At least, I am far more impatient than I was even a few years ago. I think that I am just getting tired of it all in some way. Not just crypto, but life in general. Grinding is only possible for so long before the energy gets depleted. Without significant successes along the way, frustration sets in. Combine this with the frustrations of daily life, as well as a few out of the ordinary events, and I think it is understandable to get impatient for a better result.
Understandable, but not acceptable.
Gotta keep holding on, right?
If only I could get some of what that bear has had, passing the time might be more pleasant.
Taraz
[ Gen1: Hive ]
Posted Using INLEO
I think part of it for us is the fact that we aren't getting any younger and we are already about halfway through with out time on this Earth. When you look at a four year cycle in reference to that, it is definitely easy to get impatient. What if we screw this one up or this one is over? We have to wait another four to five years? I'll have one foot in the grave by then!... Stuff like that. What I am learning though is while you are waiting for those peaks, you miss out on so much of the valleys. I'm trying to appreciate the valleys more.
I have one and a few toes in there already :D
This is something I am going to spend more time on in the next set of valleys. Lots of opportunity there, right?
Yes, I hate the feeling of living weekend to weekend even though the weekends are pretty great.
It is important to be patient in crypto as well as in many areas of life. But patience should not last forever. Of course, it should be given up after a place.
In order to start the Altcoin season, ETH must first increase. For a few years, ETH has started to make XRP. First of all, then the subcoins will increase.
I think people are not impatient, they love the excitement, the adventure.
I think this is part of it too. It can make people feel like they are living.
In my opinion, not just Bitcoin but the whole crypto market become bullish for the next two to three years or perhaps even after Trump's administration.
Possibly - though not sure if it will last 3 years. 2 maybe!
For two years, it's ok. Seems like everything we touch inside crypto is a gold.
I think I am lucky as I am patient when it is about finance, investing. However, I am not so patient for the other things in life over which I could have control.
so you can make money, but then spend it as soon as you get it! :D
This is one of the recurrent point on many of my inicial thoughts for the posts that I have been writing for the last months. And all on this particular setup, will hit us hard in couple of years...
It is going to hit very hard....
I often hear from analysts that when Bitcoin stabilizes, Alts season will begin. I don't know what this stability means.
Rather than just watching analysts, you will have to do your own research to understand what they are talking about.
Of Course
I should but as the martial artists say, learn all the styles and then create your own.
im looking, and looking ... and on the right moment i will bet on it :)
What is the right moment - do you have a marker in mind?
I would be fine with a few more months prices staying the same. I don't intend to power down more this year.
unless something weird happens and Hive goes to 15-20 dollars. At that price changing to HBD would be tempting idea...Yeah, it is okay going sideways for a bit :)
Oh bear! Then today I will short BTC from 105000 :)
How'd it go?
Closed the shorts early and went to watch a video about gardening with my wife, +100 usdt.
ye.. that bear is BAKED! :P and don't remind me.. i had a bunch of crypto that I took the loss after about 2 yrs of waiting, but if i had just stuck it out another year.. :( oh well, GO HIVE!!
Yeah.. we have all been there - taking massive losses and missing gains.
Hahaha I always zoom out on the charts when I feel a tinge of impatience! :P