Thoughts going into the holidays

         I remember seeing that reply from Hive Buzz two months ago. I thought about writing about it, then I forgot. That's what happens when things get busy in Q4 of each year.

         It's somewhat surreal to me that the chain has minted over 18K HIVE to me since 2018. What started out as exploring a whole new ecosystem winded up being a productive hobby. If anything, it feels like time well-spent. Okay, "well" might be a bit over the top, but it was better than sitting around doing nothing.

         At the time of posting (~$1.58), 18K HIVE is about $28K. Some might be looking at my wallet and wondering why I only have 21K HP at this moment. The answer is simple, I put them into various projects on Hive. I also did put a portion of my powered down STEEM into other cryptos when the fork happened.

         For the most part, Hive Engine captured much of those other rewards. These include Tribe tokens, dividend tokens, games, and whatnot. My layer 2 holdings outvalue my layer 1 HP and HBD holdings by a mile.

         Bottom line is, you don't have to be a content creator to build your wealth here. Plenty of folks do well or better on layer 2 than layer 1.

         I am rather fortunate that I haven't had the need to liquidate my Hive assets. This allowed me to accumulate stuff here and there. Of course, the most challenging part of any project is having the liquidity. So, that portfolio value might not be accurate.

         When it comes to liquidation, people's mileage differ. Some people need to cover their expenses. Let's be honest, fiat is still the easiest way to pay your bills. Some people shuffle between assets. Some others wait in stable coins or fiat before buying the dip.

         There's no right or wrong in the listed examples above. Once the tokens are in their wallet, they can do as they wish.

         So, if you stick around, find something you can spend time enjoy doing. Not everyone needs to be a content creator here. As the metaverse continues to develop, I hope people can see beyond the base layer shitposting and be more imaginative.

         Hive, like other chains, may not seem like a metaverse to you, but it functionally is. There's just no visual representations of you jumping between dapps and into different activities. Whether they be on-chain, cross-chain, or whatever, the multiverse will only get bigger as time go on.

         All the drama that we experience now won't mean a thing when proper incentives are in place. Once people find things they enjoy doing instead trying to be who they aren't, it will be a happier place. Heck, if you don't like doing anything, there are still passive ways to earn (like HBD) in this space.

         Take care folks. I'm gonna go try and finish prepping for the holidays.

Posted Using LeoFinance ^Beta