Rant: Options on the Table

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2021-05-29_08_31_40_534_0.jpg

Every downturn presents an opportunity for growth. Sometimes it is a case of we ourselves not wanting to take full advantage of the opportunities presented or not noticing them at all. Other times we may not necessarily be in a position to take advantage of them, painfully watching them slip away knowing fully what it entails.

Another determining factor is the crypto in question. Each project had unique features and thus reacts differently to a downturn. Moreover, buying the dip may not be suitable in a circumstances particularly if the project is one of a relatively stable nature. Also, while the most popular response to a downturn, it is important to note that it isn't all there is to a reaction.

Some projects such as the stables entail doing nothing, or with the recent test in their stability - doing nothing and hoping it isn't affected, lol. Other projects present an opportunity to explore other investment options than simply buying low and selling high.

Hive is a unique proposition that allows the community to keep earning regardless of a downturn in prices. It is even during a downturn that we can potentially earn the most in terms of assets. There are some others like this, but it isn't just that which makes Hive unique. We have other options such as our HBD offering and polycub pegged to stables that provide an opportunity for a relatively stable, yielding asset even in the face of a downturn.

A stable yielding asset is something a lot of people only dream of in the crypto space, much less in a downturn. While stable might be relative, and there are still some inherent risks involved, it is good to be in tune with such options on the cards to make better investment decisions going forward. Not everyone has a he heart to be a trader, and neither can everyone hold comfortably during the dip. The only thing with investing in stable yielding assets is to DYOR and not get greedy in the quest for returns.

For me personally investing a bit more in HBD is looking as the most likely option while retaining my Hive assets. This means that some fiat would need to come in though, so a decision would be made by the time my next pay comes in. Also the downturn should have highlighted the need for diversifying ones investment options so as not to lose everything in one investment.

In the end there are no good or bad choices per se in this space, just what you are comfortable with and your ability to live with it. For those inherently risk averse like myself though, a more stable future is an option too tempting to pass up.



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16 comments
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I like how crypto can mold it's self to various personality traits etc. I mean there is risk in all of it, but we can all decide what to go for or not.

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Neither am I willing to pass up a stable future as well, stability is what I strive for as well, keep my income passive while increasing in value as well.

With some hope Hive helps us achieve that goal because it has the capability.

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Just know what you are comfortable with and try to work towards that because many people lose their way in trying to copy what others are doing but they don't have the mind for it

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Very true. I have invested in a crypto project simply because others were doing it and I didn't want to be left out - one which was against my better judgement.

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I agree, but there would need to be more use cases for HBD. Currently, it is just weakening layer 2 tokens that support the different tribes on Hive Engine.

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I noticed the same thing can't work for different people. While I'm comfortable holding and forgetting for a while, others like to watch their money move and work for them. It's understandable.
I once attempted to make my money work for me and it didn't end well for me so I'll just stick to what I can handle.

There's no right or wrong decision, only yours.

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In the end there are no good or bad choices per se in this space, just what you are comfortable with and your ability to live with it.

Very well said. I think it's important to find a risk-reward balance that works for you. For me it's about 20% stables (HBD, pHBD-USDC) and 80% in more risky assets (HIVE, LEO, CUB, POLYCUB, LPs).

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That kind of balance isn't for me...lol, am very risk averse. I'll be increasing my stables investment over the coming weeks (using fiat) cause I don't have the stomach for assets eroding due to wild swings

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It seems as though you have a real strategy in your investing. The only times I have "done research" on choices of what to invest in I have ended up losing on them and other times I just randomly chose something and won big like the time I drunkenly purchased $300 worth of Doge because I liked the picture... then a few months later Musk started talking about it.

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