Perspectives (If anything, forgive Google for its translation)

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Hi there. Today I will write a rather unusual message. This will not be the usual freerite, I have a specific question on which I will conduct a kind of reflection. It will be something like the practice of awareness, when we focus our attention on a specific question and try to answer it. As the name suggests, I will write about Perspectives.


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At once I want to note that this is not financial advice. This is just the opinion of a person who has little experience in the world of cryptocurrencies (since July 2017). During all the time that I was on the HIVE blockchain (~formerly STEEM~) and talked to people who are better at understanding the bones of the cryptocurrency world, the most valuable thing I got was a rough understanding of how things work. In order not to go into various subtleties for a long time, often completely incomprehensible to beginners, I will write that cryptocurrency is for a long time. This is not to write a message or comment, wait for payments and convert them in "real money". This is to get cents now, which in a year, two, five can be thousands of dollars. Of course, not all projects deserve attention. Many projects are almost outright scams (fraud aimed at stealing investments), or simply have no prospects, but even they can give a kind of "x" (increase in assets by 2 times or more).


The most difficult thing in cryptocurrency is to wait. I always want everything at once. You want to make $ 1,000 per message, and do nothing but write it. For some, it may not be enough motivation to write for the sake of payments in the amount of $ 1, for comments, I am generally silent. Commenting is my painful topic that I can't write or talk about calmly. (PS I think that sooner or later I will still give in to the urge to comment, maybe something constructive will follow from this). And now let's imagine that the price of HIVE or LEO will increase 10 times. Are you saying this is not possible? And I will say that it is only a matter of time. I repeat, this is not financial advice, just my thoughts. It was because of understanding all the ** prospects ** that I stopped my withdrawal of assets from the world of cryptocurrencies and began to do what is very difficult to do - wait.


Of course, I can afford to wait, because I have a job that still provides moderate requests from my family. And, of course, I understand people who sell earned cryptocurrency to get some resources to pay their bills. I do not understand those people who sell cryptocurrency to get a fiat, considering fiat funds more reliable and promising. It is especially difficult to understand people who do the same with #HIVE or #LEO.


In order to understand the full ** prospects of HIVE **, I had to sell over 30,000 STEEM for 13 cents (2019-2020) and over 15,000 HIVE for 14 cents (2020) in the past. I am grateful that such small sums were enough for this understanding, everything could have been much worse.


Although, anything can happen in life. Still, most factors depend on our choice. So, the choice of "what to do" is always yours!


This article is a translation of my Ukrainian article - https://peakd.com/hive-165469/@cranium/perspektivi-ua



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7 comments
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Nice wrap-up, @cranium.leo!
Yeah, it is always difficult to wait. For that, I develop a plan and just stick to it.
As you outlined selling crypto for fiat is ridiculous.

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Dear Alexy, Will you allow me to call you Alexy?

What should I do when I don't know about the world of cryptocurrency like myself?😄

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(Edited)

Dear Alexy, Will you allow me to call you Alexy?

yes

What should I do when I don't know about the world of cryptocurrency like myself?😄

It all depends on what you want. Who am I to give you advice? :) For example, you can read other users and slowly learn.

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그것은 모두 당신이 원하는 것에 달려 있습니다. 내가 누구에게 조언을 해줄까요? :) 예를 들어 다른 사용자를 읽고 천천히 배울 수 있습니다.

I agree with you.

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Sorry, you're out of LUV tokens to be sent today. Try tomorrow. (Having at least 5 LUV in your wallet allows you to freely give 3 per day.)

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