Why do I keep overlooking Hive?

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It's interesting how the holidays can really put you in a "mood". While you might immediately associate the holidays with being in a good mood, the truth is a lot of people with this time of year. It seems that with an abundance of thanksgiving and cheer, there is also an equal measure of reflection and sometimes regret.

That's kind of where I find myself on this Monday morning.

These past couple of years have been a wild ride as far as crypto is concerned. If you got started in 2018, you likely were a bit shocked by the short bull market we had in late 2019 early 2020. After dealing with crypto Winter for so long, it was kind of a shock.

It's possible you found yourself fumbling around not really knowing what to do. Some of your decisions may have been a bit off target and missed the mark. Here we are again in another one of those crypto winters and reflection seems to be front and center.

I know this is very cliche, but the one thing I keep coming back to is Hive. Just like I keep coming back here every day as an active member of the chain, I can't help but think about the fact that I totally overlooked Hive.

I keep thinking about all of the failed projects that I pumped my profits into. Things that I took a gamble on and things that I absolutely believed in at the time. While some of them were indirectly Hive related, many of them were not.

As I spent the weekend thinking about things I could have done differently, I keep thinking "why didn't I roll more of those gains into Hive?".

It would have been a fairly simple thing to do. Sure, the price wasn't quite as attractive back then as it is now, but I still could have given my bags a pretty decent boost.

I know part of it is just the markets being down. It's really easy in hindsight to look at my investment in something like PolyCub right now and wish that I had used those funds differently. Sure, it may have only been a couple thousand HP at the time, but we all know how things like that add up.

When I think about tokens I own now versus tokens that I can still see myself holding ten years from now, Hive is definitely in the list. Easily in the top three. Which begs the question, why haven't I invested more?

Sure, when you consider the time factor, I have likely dedicated at good portion of the last five years to Hive. There is clearly something that was holding me back from going all in from an investment standpoint. I need to reflect on that and figure it out.

Have you found yourself in a similar situation? I know a lot of my followers are pretty much Hive maxi's even though they probably wouldn't consider themselves as such. I'm not saying I need to be that extreme, but I do think I need to ruminate on where I am on Hive, where I want to be, and what I can do to make that happen.

Beyond what I am currently doing.

Hive is just starting to scratch the surface on all the things it has to offer. I want to be positioned so I can take advantage of all of them when the time comes!

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25 comments
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I found myself with too many layer 2 token goals so have reduced this now and given more focus to hive. once hive goes higher i will focus then on HBD.

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I think that is a good idea. I have a bunch of secondary holdings too that aren't necessarily doing anything for me.

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(Edited)

Hive is the only real crypto investment I have, spread over various tokens as well as my HP. I am just not much of a speculator/gambler. Hive is fun for me, so I win whatever happens. I have some traditional investments, but the returns on those are lower, though more reliable. With all the Hive projects going on I think it will grow. I just see a lot of scepticism about crypto in general. That will be worse when the markets are down.

I hope things work out well for you.

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Thanks, I appreciate it. I like Hive a lot too. There is definitely a reason that I keep coming back day after day. I just need to remember that next time I take some gains.

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This is a better time to buy anyway than when it was like $3, so no real need for regrets :) ... If you decide to fill your bags, congratulations 🙌

This post has been manually curated by the VYB curation project

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Yeah, that is a good point! I just need to make sure I am stacking a bit more than just my rewards. I really want to build something here that can be great in the future.

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Oh, definitely :) ... I look at what Hive has already done for others, and it motivates me to dream about becoming a whale one day :) ...

!PIZZA

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Do you have any idea what's going on with polycub, I've asked in the discord but all I get are crickets!

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No, I was taking a look at the rates in the farms the other day and I ended up pulling all of my pooled assets. I still have my xPolyCub and vexPolyCub staked, but it didn't make sense to keep those other funds on the platform.

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Hive is amazing and I also need to focus more on Hive. In a way, I think there is less of a focus on other things such as WAX or HE tokens for me (besides LEO). I just think it's better to be active and consistent. It helps build the stack and it's a great place for people to be.

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I really wish I had moved more of my WAX earnings into Hive. It just feels like it would have been smarter at this point in the Bear market. Right now my WAX is just sitting there earning, but not as much as it would be if I had it powered up here.

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You tell me!

The ball is in your court.

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I'm trying! I need a mini bull run or something.

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Promise me that you won't then say you missed out because now you can't buy as many HIVE tokens (because they're more expensive)? 😂

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To be patience is very good. Me too I fucus on hive because I know very soon the price will go up again

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I think Hive is one of the few cryptocurrencies with real value. We have a thriving content ecosystem and some of the most active blockchain dApps compared to other blockchains. It should be priced a lot higher, and I think, inevitably we are going to see people realise that Hive is more than an offshoot of Steem. It's a real project with a community, an excellent developer community and an opportunity to make money.

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(Edited)

My wife and I were JUST having this conversation over dinner tonight. I view investing in Hive more like investing seed capital (or buying stock) into a tech/social media company rather than just purchasing a cryptocurrency since the entire worth of the token(s) depends upon the health of this Hive ecosystem.

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In the past I have had my questioning moments where I wondered if one day all of this would be for nothing. After being around for so many years and not getting the attention we deserve it can be frustrating. There is so much being built here right now though that it just feels silly not to be putting more into it. When I look at all the money I threw at random tokens it makes me a little sick. I could easily be over 100k HP if I had done things differently.

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I think it would be wise and don’t think it’s too late at all. This protracted bear market is a unique opportunity. You wouldn’t have to invest a ton of money to get a decent stake.

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Yeah, that is what I am thinking. I think I need to consolidate some of my stuff down to just a few core holdings and then some other speculative stuff. Between WAX, HIVE, and BTC, I could be really set if I had just focused on them.

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