bushfield
11 posts
The bear market may slow progress down a little, but I keep working towards the same goal:
A simpler lifestyle, no debts hanging over my neck, and the freedom to do whatever I want.
The past cycle got me a lot closer to where I want to be.
Bought my first home in rough condition about 2 years ago, and now that we're approaching summer, I'm finally wrapping up the renovations.
It's been hard work, I've learned a ton - and it's paying off in the value of the property as well.
In the meantime, my stock portfolio is growing rapidly (DCA + Dip buys), and the war chest is ready for $BTC reaccumulation as well.
Plan for this year is to slow down a little; enjoy the fruits of my labor, recharge, and prepare for the next bull run that's approaching.
Once that's moving, I kill the remaining mortgage on the house (about 30-40%), and start looking for the end-goal property; even further from civilisation and all its quarrels, with acres to raise babies, animals & crops on.
Bear markets are for building. This one is no different.
English
@TraderMercury @trendflipper Honest question: this is after you “made it”? Or always has been that way?
English
@trendflipper maybe 1 hour a day physically sat at screen and checking watchlists, drawing up drafts, entering and managing positions
also checking frequently throughout the day, so add maybe 15 mins of screentime on phone total
in (extreme) trending environments it's more like 4hrs + 1hr
English
I know traders worth millions, that spend 12+ hours a day staring at screens
and if you ask them why they started trading, they'll tell you something along the lines of: "to escape the 9-5 matrix and not be a wageslave"
they don't even realize they've substituted a clock-in sheet for a PC, and now work 80+ hours a week
it's ironic:
in order to be good enough to generate millions, you have to become obsessed with trading
and once you become obsessed, the border between addiction is incredibly thin
so even after many achieve their goals, they find new ones to continue feeding into that addiction.
what a terrible way to live.
English
