You are viewing a single comment's thread:
RE: At the Same Spot As 2.5 Years Ago .:. #MyHiveGoals 2024
I know what you mean but I have been a really terrible trader for way too long. In fact, long enough to lose my Hive fulltimer status because of it. I wrote more about it here. But it serves me right.
Yeah, I´m curious to see where Hive makes it when/if the alt season comes but I will probably be watching it from the sidelines, getting used to a new job that I will hopefully find. But who knows, maybe Hive will hit 10 bucks and stay there, which would make Hive fulltimers from all of us :D
0.00059150 BEE
Hmm... I re-read your post that you shared and I have to say that I was sharing the same view at a certain time... I was playing around, trading in and out HIVE, but it is unrealistic to believe that you can hit and sell at ATH, with an already powered-down and prepared HIVE...
Because of all that, I was more observing what big-heads on HIVE are doing, those with huge HIVE bags... They are using their HP as a hedge (or maybe better as a ledger), monetizing it in other ways... Maybe taking out by running a Hive witness, or circle-voting on DHF proposals... They rarely power down, but they do live from HIVE!
Not saying that you and I can do the same 😂, but having HP and some HBD in savings, could help out the family budget... I know that even with 100K HP that's not enough for living costs in Europe, but it can help...
Also, my main issue in late 2018 and 2019 was that I didn't take any profits at the end of 2017 and those two next years were hell for me... The worst period of my life... 😞 I learned (part of) a lesson, took some profits in 2021, and now I will try to do it better than then... Living from crypto is possible, but as of these long, 4-year cycles, it is important to calculate the budget in advance, and to right things in the bear and bull markets... And not do things in reverse, like probably both of us did in the past...
Wish you the best, my friend! It is possible to do it, but we have to load up with patience and a good plan!
View more