The Cycle Begins Anew

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         So, it has begun. For those of us who have been "hodling" for the last four years, 2021 is the big year. Even the most hapless blokes that bought BTC at the last all time high managed to see themselves in the black.

         While most alts are still nowhere near their last ATH, even my portfolio is in the green. The question for me right now is, when do I cash out my initial investment? Sure, I could be greedy and wait till everything goes through the roof. The more conservative move for me is to take out the initial investment and then sit on the house money and ride it out.

         Chances are, I won't be cashing out the bulk of it at the end of the year. Knowing how exchanges are prone to have "technical issues" during the frenzy, it may be wise to exit a bit earlier.

         Regardless, it's nice to see I've chosen some appreciating assets that put me in a good position as of now. One thing that is inconvenient is that some of my assets are not supported by Ledger Live. So, I would have to go elsewhere to check them out and see if I need to make adjustments.

         There have been so many good opportunities recently like DeFi. But, the main issue is not having enough capital to take advantage of them. Alas, such is life and we play along based on the cards dealt to us.


         Can't say the same for Hive, of course, but there is an opportunity here. Although, it may be on its last leg if it can't make any meaningful gains this year. It's not even about the price. It's about the big tech and the muddied waters of public utility and private companies.

         For once, some people are starting to see the writing on the wall, but that doesn't mean Hive can seize this opportunity. That's what you get for not having a serious marketing campaign, I guess. I wouldn't call the Twitter spam from the community as a form of "serious" marketing, but hey, keep putting the name out there. It's better than nothing...for now.

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16 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 40 of my contest just started...you can now check the winners of the previous week!
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You own the meme coin lol :) a bit sad to hear your outlook on hive though. I really hope it can drag it's ass to $1 so we can finally all smile after 3 years of waiting

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I've had greater returns on the meme coin than HIVE. Let that sink in for moment.

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I know I know, not bashing it, just enjoying the meme potential :)

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Oh, I'm just pointing out the comical and sad state of Hive in terms of price. Who woulda thought a meme coin would give you better returns?

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"If you can't take a joke you shouldn't play with crypto" if this isn't an actual saying then it should be :D

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If we are planning on holding on to a cryptocurrency for longer. We have to be patient. Twitter is not spam but we are saying.

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I call it Twitter spam because a lot of the tweets I see generally serve no purpose because they only use the #hive tag.

Ain't nobody searching under that one specific tag on purpose.

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(Edited)

I sold 2 ETH a couple of weeks ago at just below $1200 ea. It's higher now, but I have no regrets as I bought most at less than $200 ea and have 80% of it left. Take some of the potential now, at least to get you even.

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if hive doesn't make it (in terms of price) may be a hive token can

That's my belief. I don't think I would have anything to do with crypto if not for decentralized social media, and I feel for many more people out there, this is their best entry point.

Christmas came in early. I cashed out big from all the airdrops I got last year. I am not big on speculation price, so I am happy where I am at.

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and I feel for many more people out there, this is their best entry point.

Of course. No capital needed. That isn’t exactly a winning formula when you want the price to go up because many don’t have the money.

On the other hand, the low price makes games more affordable on this chain.

Being content where you are at is great though. Less stress that way.

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I am totally with you on the whole DeFi thing. I would really love to take advantage of some of that stuff, but I just don't have the capital to put into it that some of these people are. They say at the lower end you just may as well not even bother. There is some good stuff happening on Hive right now, so hopefully we can see that price move.

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Congratulations @enforcer48! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 79000 upvotes. Your next target is to reach 80000 upvotes.

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