$1 Million In Cash Or 4 651 652 HIVE. Which One Would You Choose?

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On current prices 4 651 652 HIVE is the equivalent of $1 million dollars. I guess most would take the cash and run which would be short sighted knowing where we are in the crypto cycle. $1 million is not a life changing amount like it was 20 years ago.

I think the above chart sums up crypto and why patience is required and the most important part forgetting about price. The only important part we should care about is the number of tokens we have because nothing else matters. My perspective is slightly different than the majority as my crypto investment is 0 Dollars and I am in profit whatever the price might be.

This was not by choice mind you as I invested $1K back in 2018 and that was taken from me and decided that the only way to go was to try and build from 0. My family would not have understood if I had chased the first $1K with another $1K because that would have been the only solution available.

What would you rather have a $1 million dollars or $1 million dollars in your crypto portfolio on current prices? If you take the fiat the you are not understanding the power of crypto or are just desperate for the cash option. The $1 million worth of crypto could easily be worth $20 million in a matter of months and why patience and foresight is key to unlocking wealth.

Doing a 10 x on your portfolio dollar value over a 4 year crypto cycle is not difficult and think it is a given if you have any brain cells. The first cycle after starting with 0 had me holding a value of around $250K at the last peak back in 2021 and the only thing that never happened was selling for profit. This was intentional and not a mistake as I wanted to see the entire cycle through because how else are you going to learn. Not only that, but who would have guessed that you could go from 0 to $250K within 4 years and I was blown away because I did not expect this.

The possibilities are endless in crypto and one needs to have an open mind because crypto is unlike any other investment. I am not looking at my portfolio value these days and the idea that the number of tokens I have could breach the $1 million mark this next time around is a serious possibility. Either way if this is achieved or not I will be elated because of the growth achieved and this is a serious return on time spent showing the value of consistency more than anything else.

After experiencing the first cycle the lessons learned means this time around there has to be some selling taking place which will happen. This is where the serious growth will happen for the next cycle as selling high and buying low will multiply the tokens which will represent the value made over the last 4 years and in my case I guess 2 cycles. Everyone needs to have a plan and it cannot be more simple.

Anyone can do this and what makes no sense is why there aren't so many rich people all around us in crypto. For some reason there seems to be more desperate people than successful people and the repetition of making bad decisions seems to be a common denominator. Just grow your bags and keep on growing them and forget about the dollar values for now and you will be successful. One other thing I have noticed is people reminding others to take profit which is true, but also don't take it too early either. Those that think like this do not understand the true value of what they are holding and why those tend to hold little value and will always remain desperate.

Posted Using InLeo Alpha



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6 comments
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Bitcoin, Hive, BCH... I will take then every time before FIAT because I belive in that coins, other crypto, not so much.

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The graph you showed is a very perfect description of what I've come to see in my few months entering the crypto world and Hive itself. Honestly I prefer crypto over fiat for its long-term benefits and growth opportunities. I would have loved to say 1 million dollars because it would be cash upfront but let's be honest if I do get the 1 million dollars there's no better investment I know than to put it in Hive and besides the 4, 651, 652 is a way better deal in term of value so I'll go with Hives

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I'd probably take the million and buy some BTC with it honestly.

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Just keep my head on and HOLD!

I would take the Hive... though I think that that price has changed already...

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(Edited)

still eying the mid 14's as buy-in point. we are getting closer

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