Praying for the bull

4 days ago

I was walking from my office to the building where my wife has her office the other day when I came across this little guy hanging out in front of the doors to her building. I decided to snap a few photos of him before I picked him up with an Ethernet cord and deposited him into the grass.

He wasn't very cooperative with me, so most of the photos I took I won't bother to share because the concrete is in focus and the mantis is not. I did manage to grab a few good ones though.

Kind of the same way many of us may have snatched up a lot of alt coins in the past bear market and we are hoping at least a few of them come out in focus for us. More likely, in the end we will all just end up with a hot blurry mess. That's at least what it feels like right now. Just when it seems like a rocket ride might be in the books markets market and things fall back into this ocean of slow rolling waves.

I've actually been thinking a lot about the bear and bull markets lately and wondering if I am really cut out for all of this. What I mean to say is I am pretty much an absolute pussy when it comes to trading tokens. In fact, this is the first time I have actually been able to keep some HIVE liquid waiting for that big pump when I move it back into HBD.

And that's the problem

I always have my eye on these pie in the sky numbers and I am too scared to take the risk of moving tokens.

Here's a great example... As you most likely know by now I have been following a token from Chintai called CHEX. I bought it at a fairly low price and watched it rocket up to close to $1 per token. Again, if I wasn't such a pussy, I would have sold at or near that top, but like a fool I was waiting for it to top that $1 mark or higher and I got left holding the bag.

Similar to how I spent last bull run waiting for BTC to cross $100K (fun fact, it didn't), and ended up not taking gains when I should have.

Like I said, if I had been smart and I had faith in the CHEX token like I do, I would have taken some gains close to the top, held onto that, and then bought back a few weeks ago when the token dipped back below $.10. Then if the token were to finally pump the way people are talking about, I would be in a much better position.

Trust me, I understand this relies on a lot of faith, speculation, and luck. That token could just as easily never recover, but I would still at least have those gains right? Worst case it moons and I realize I sold way sooner than I should have, but let's be honest, how often does that happen?

CRO

I'm not sure if you have been following CRO at all, but that is another token that I have been following. I picked up a small stack a long time ago when I was hoping I might get one of those cool Crypto.com VISA cards. I kind of forgot about it, but more recently I noticed the price of CRO had dipped kind of low, so I picked up a little more.

Just the other day CRO made some big announcements. A few of them tied to "he who shall not be named" and the price of the token has been taking a bit of a ride lately. In fact, just this morning I think CRO broke back into the top 20 of market cap.

It's still a ways off from the ATH of ~$1.00, but I am going to be keeping an eye on this one and potentially selling some off when the time is right. Assuming I am not too much of a pussy.

Fair notice, I have been warned by a reliable source that CRO isn't a good play. Apparently there has been some shady stuff going on (not surprising) and to paraphrase they wouldn't touch it with a ten foot pole. Honestly, if I hadn't already been holding some I probably wouldn't buy any now. I'm just kind of along for the ride at this point.

Silver

I kind of feel the same way with silver. The price keeps creeping up to a point where I am not sure I am going to want to pick up anymore, but since I am probably more of a collector than a stacker, I likely won't be selling any of my stuff at these higher prices either. I'm not really sure where that leaves me, but it's kind of an uneasy feeling. I've seen a fair number of people in the #silvergoldstackers community indicate some kind of correction might be incoming, but I'm still pretty new to all of this, so I really don't know.

HIVE

Finally, as I mentioned before, I've got some liquid HIVE sitting ready for some big moves, but I think besides the fact that I need to stop being a pussy, I also need to temper my expectations. While we are all praying for some moon numbers like the friendly mantis above, I have to remember that small gains are still gains.

I think it's easy for us to look back at the (short) days of $3 HIVE and have all of these big expectations. It's also important to remember that when you earn/buy your HIVE at $.20, selling it at $.50 is still a gain.

Small gains are still gains, and there is nothing wrong with that. Now, if I can just make myself believe that!

discovery-it silvergoldstackers pimp tribes neoxian gems ccc archon hiveusa thealliance

0.94959812 BEE

16 comments

@dbooster78

2 days ago

Nice mantis! Those things are considered very good luck here.

Selling at the top and buying at the bottom may be the one investing advice that everyone knows, but it is also one of the hardest things in the world to actually do.

I'd be pretty happy with 50 cent HIVE!

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@bozz81

yesterday

I'd be happy with that too! I guess we will just have to wait and see. That is cool about the Mantis. I didn't know that!

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@cryptictruth72

3 days ago

Taking gains and cutting losses is the hardest part of trading and that's why most can't cut it full time.

0.00350231 BEE

@bozz81

2 days ago

Yeah, I would go crazy!

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@thebighigg75

3 days ago

Let's hope the bull run materializes sooner than later! I don't have any CRO and I'm glad I don't. So many shady projects out there, finding the right one is kind of like spray and pray. Just maybe one of those you pick up turns into a big winner...

Nice praying mantis, sounds like you did a great rescue moving it off of the sidewalk. Silver I would just keep unless it goes absolutely nuts to $100 an ounce, then I would sell off the stuff I'm not to.

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@geneeverett75

3 days ago

!BBH !ALIVE !LOLZ !PIZZA

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@bozz81

3 days ago

Ah, that is a good point about the silver. Thanks for that. Yeah, I don't know what is going to happen with these alts.

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@silversaver88880

2 days ago

Pretty much any investment, be it stock, crypto, or precious metal, comes with its ups and downs. They can grow over time, but they can also dip when the markets are shaky. So if you suddenly need money and you're forced to sell during a downturn, you end up losing money or getting less than expected. It's always smart to have an emergency fund over and beyond what is needed so you're not stuck selling your long-term investment when life gives you a curveball! We are the same @bozz. I am very conservative. I've been lucky so far.
!BBH
!LADY
!PIZZA

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@ladytoken53

2 days ago

^{View or trade LOH tokens.}

@silversaver888, you successfully shared 0.1000 LOH with @bozz and you earned 0.1000 LOH as tips. (1/50 calls)

Use !LADY command to share LOH! More details available in this post.

0.00000000 BEE

@bozz81

yesterday

I'm pretty lucky that the full time job takes care of pretty much all my needs, so all of my crypto stuff is just kind of a hobby.

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@dankorox52

3 days ago

Taking profit is kinda never wrong. You got what you got, there's nothing worse than round tripping a token and then wait for it to go up.

Re CRO - almost all of it looks a little shady, but hey, that also goes for USDT, Binance, pretty much every single successful token. Really depends on whether you're making conviction plays or you're just looking to make profits.

0.00091394 BEE

@geneeverett75

3 days ago

!BBH !ALIVE !PIZZA

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@bozz81

3 days ago

I have a few tokens where I really believe in them. The other stuff is just looking for a lottery ticket.

0.00000062 BEE

@bpcvoter1-11

2 days ago

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https://peakd.com/@buildawhale/wallet

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