What is Nostr?
HODL
npub1rtl…jtfs
2024-06-13 20:56:36
in reply to nevent1q…ew0n

HODL on Nostr: It corresponds to each marginal dollar. Let’s say you have 5 bitcoin and earn ...

It corresponds to each marginal dollar. Let’s say you have 5 bitcoin and earn $120,000 a year.

Bitcoin goes to $1,000,000. You initially put in $35,000 and now have 5 million.

Each additional $35,000 now buys you 3.5 million sats. Your salary did not increase so you still have to work 3.5 months to earn 35k.

Let’s imagine you believe bitcoin will increase in value to 10 million per coin over the next 10 years.

You’ll ultimately have 50 million dollars with your current stack.

Each additional stack of 35k will be worth $350,000 at 10 mil per coin.

If you’re lucky maybe you can do a stack a year. So best case 3.5 million. Or realistically more like 1.5 million.

So the question you have to ask yourself is if it’s really worth it to work 10 more years of your life, just for an additional 1.5 mil if you already have 50 mil?
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