How "NOT" To Give Financial Advice
The price of Hive is starting to show signs of what is to come, so I have been rushing to get my hands on anything that looks like liquid Hive and simply power it up, Why? Liquid Hive has no propensity to bring any returns, but powered Hive does.
Last HPUD, I staked 230 Hive, and while it appeared decent, I thought it was extremely poor. Staking it means I have added another 230 Hive that could potentially bring curation rewards.
Now inasmuch as whatever potential Curation reward 230 Hive might bring is small, calculate that returns with when Hive hits 3$.
There is no curation reward or liquid Hive that is not worth fighting for, so why? I believe that liquidity will be an issue for most people when prices skyrocket and they have already gambled with the little liquid they have.
I was speaking with a person some days ago and he talked about the potentials of the 2025 alt run. Then I told him something.
I told him that many people will predict lower prices, sell at this level, and then have nothing to sell when the market goes completely crazy. He admitted that this was true, but that he had not considered it.
I Talk Too Much
Apparently, I have been telling the people around me to hustle for every liquid Hive, and if they choose to stake it, all the better for them. Although my ideas and influence appear to be more like financial advice, I can not help it. I like to remind people that what I say is not financial advice.
It is the standard thing to say. It is more like reading the terms and conditions. You know how people come to terms and conditions, skip everything, and then do whatever they want despite the pages of warnings? However, I go ahead and tell them that it was not financial advice, so if they get rekd, they will not bother blaming me.
That sounded really funny, but that was it. Even when there is a potential profit, you can still be rekd, which is the risk of providing financial advice.
I have spoken with a few people in the last two days, and I regret not converting more HBD to Hive. I'm literally on Whatsapp, telling someone to convert all their HBD to Hive and all that, and they're probably like "hold on a a minute" I do not care, because I know they would not mind getting rekd.
Ether
I checked ether a few days ago, and it had already reached 4k. It was around 3.4k about a month ago, and seeing it at 4k indicates that the market is starting to cook. Hive responds very late to market rallies.
The Late Response
I remember yesterday afternoon BTC was 100k and Hive was still at 31 cents and not reacting to that pump, but at night it suddenly pumped all the way to 38 cents; I am sure a few corrections will occur back to that 36 cents range, but all I am trying to prove with this is that Hive price actions are sneaky, and if you sell off in a bearish manner, you lose out due to sheer unbelief.
In reality, many people believe that $1 is the top or resistance, but I disagree. One of the things I do not think about is attempting to predict Hive's price at the market's peak.
I might imagine it or chat with it privately with people I know, but I rarely try to project it on people who read my content, because Hive can be incredibly fascinating when you are bearish, and many people will most likely learn the hard way after this cycle, which may be too late.
In Conclusion
Everyone has a learning curve, but unfortunately, it comes at the expense of something. Some people have sold their stash. Apparently the FUD of the dip we experienced last year and this year, made them think Hive was going zero. We've been fighting a lot of stuff.
People have been arguing about the DHF, valueplan, and other topics, and these arguments lead you to believe that there is no value in the Hive network. I believe we can and should improve in a variety of areas.
We never should have to depend on a bull run to create attraction, and I think eventually we will wise up and get better. However, there is no stopping the upcoming bull run; I am not going to start predicting because I do not want to go there; I simply believe that the run of next year will teach many people valuable lessons, and I hope you will not be on the wrong side of regret. *This is not financial advice.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Posted Using InLeo Alpha
@tipu curate
Upvoted 👌 (Mana: 41/51) Liquid rewards.
Thanks a million
I just keep powering up and letting the market do its thing. I know hive love late parties, I am not scared if Hive does not join the rally
I'm seeing your moves lately, they're amazing, and people like you are those the market actually rewards massively. I wanted to message you about something in particular, but I guess I haven't had the time.
Keep making giant strides boss.
I agree, never give financial advice because in crypto you never know what will happen next. Things are finally heating up and hopefully this will be a nice long bull run. Nothing comes guaranteed unfortunately and many people have sold off a lot at low prices and are kicking themselves now. Let's just cross our fingers and enjoy the ride while it good!
I refrain from giving financial advice, but let's say it's my spouse, child or maybe someone closer, I wouldn't shy away from doing so, unless they're just a total stranger.
I think many will still sell off very early, and the rest will keep holding for the fear of selling too quick. I think it'll be a dramatic cycle
It will be interesting that much is for sure!
I am all in for the lessons of this coming bull run. Truth be told, I have been learning a lot from your past experience through your blogs.
For the first time, my husband accepted to invest in hive and that's his liquid hive in my wallet currently...I may not wait until the peak of bull run to sell his but for mine....I will be alert to take advantage of the peak. I hope not to miss out 😃... like knowing the exact time to sell without attaching greed
Hahaha I trust in what you can do. It's good you've influenced your husband to get into the action. To be fair, no one knows when the top will be, but once he's in profit, maybe 2 to 3 times his initial investment, I don't think it's wrong to take profit, as profit is profit if you ask me.
It's good to learn. I wish I learned in 2021,but I learned the hard way and here we are.
Lately I'd say I've been taking financial advice from someone lately, he advised me to buy more hive and convert some of my tokens to hive, i guess I'd stick to accumulating more hive in preparation of the coming bull run.
Congratulations in advance. I'd like to see tothit that goal, and make sure to stick to it, it'll be really instrumental to how your bull run turns out.
Hive has its issues and we have our "milkers"... every chain has them... But, as we are still a relatively small community, the FUD goes around very fast, creating an image of a very bad position, while that's not true... Every chain has these things...
Regarding financial advice, that's one of the reasons why I rarely share my crypto research, mentioning specific tokens... While I always say that I'm sharing only what I AM DOING, people do follow blindly... and sometimes, it's not for them, especially as they don't know anything about it... We have different expectations, and when they don't meet them, they blame the people that they followed...
And regarding HIVE... I hope it will surprise us all... :)
I have picked this post on behalf of the @OurPick project! Check out our Reading Suggestions Posts!
Please consider voting for our Liotes HIVE Witness. Thank you!
Exactly, you've got it. Hive as much as every other chain actually have their own unique issues, and sometimes I think some of these others places markets their strengths and hide their flaws. Although we have to eventually get better. I heard theirs a Hard Fork in January and I hope some issues pertaining hive are addressed.
We cannot stop that of the milkers. Recently I heard one account is farming with 4k other accounts. Imagine that.
As for Hive, I know we will pull off some amazing surprises, and this cycle will once again, be a learning curve for many.
Thanks for the curation
Hive is never going to zero, this is certain and as you said, hive can go above the 3 dollars it surpassed the last time... Btw you haven't enter all your teams for brawl, you did 6/9.
A lot of people were beginning the spell doom when prices didn't go up with BTC, mostly I think this post is for them lol.
Thanks for the brawl reminder. I actually intentionally didn't fill it up completely, I was going to complete it. I don't miss completing my brawls.
hive always does the opposite based on the pump I have witnessed, it could be during the dip of other alt that it will shine lol
I noticed your pattern but I was not so sure if you are pending it or you missed it, but now no more need of reminder, you can do you😀
I was looking at eth at 4k and Hive was red that particular afternoon, it was fraustrating, but at night, Hive did its own pump.
Hive is the comeback kid in my eyes! If you had bought the bottom, you are at a nearly 2X already. I certainly wish I had bought some now and am kicking myself a little.
Sorry for the late reply..
Indeed, there was a late bloom in this cycle. It was faster in the last cycle, but I think the late bloom made it seem like there wouldn't be a show in this run, but it's looking like we're going to blow out again.
At 40 cents, I still think it's there for the taking.. 50 cents incoming
Looks like we gonna make it with Hive!! $0,50 is an exciting point to reach!!
!hiqvote
@thebighigg, the HiQ Smart Bot has recognized your request (2/3) and will start the voting trail.
In addition, @josediccus gets !PIMP from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
Honestly hive is unpredictable at the moment, anything can happen between now and 2025, it might dip or bull we never know. Keeping a close watch at the market is very important at this stage. I like how you notify it's never a financial advice. 😃
Yes, it's never a financial advice for me.
Absolutely
!discovery 30
Thanks a million 🙏
Congratulations @josediccus! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
People won't change. Bull markets build a lot of FOMO and people just regret their choices on not holding enough of a token that pumped upwards. I think Hive has a lot going for it and that is why I continue to build my HP stake.
I think a lot of regretting will continue afterwards. It might be painful for the ones who will regret, but I think it's going to be another learning curve towards the next cycle.
At this point in time, I'm actively seeking all the "non financial advice" I can get with regards to financial matters. I think this is one of the fascinating things about crypto, it may be full of surprises but there are also patterns that can be spotted throughout cycles. Sometimes, it's the latter that can make a huge difference on the decisions we make, especially the timing.
In reality, I never really got any "financial advice" in 2021, if I did, I still think it could have turned out better for me but a lot of people were still learning back in 2021 and so no one could really give anyone any financial advice.
It's different now, and I think the people who joined the market now have arrays of financial advice to choose from.
Right, more information is available now from reputable sources. I was far less knowledgeable back in 2021 and it was around the end that I realized what a bull market really means and how to take advantage of it.
I didn't even know what a bull market meant in 2021, I just knew the market pumped as it did in 2017
That's a very strategic approach you're taking with Hive.
Powering up definitely seems like the smart move, especially with the potential for curation rewards and the long-term value when prices rise.
!PIZZA
!BBH
$PIZZA slices delivered:
@edgerik(1/15) tipped @josediccus
@josediccus! @edgerik likes your content! so I just sent 1 BBH to your account on behalf of @edgerik. (4/50)
(html comment removed:
)
Talking about crypto always feels like coffee shop chatting we had many years ago, people should know by now most are not financial advisors, it's a gut feel after watching markets over many years.
Hive is a wonderful place to enjoy the "coffee shop chat" every so often, not so?
!BEER
View or trade
BEER.Hey @josediccus, here is a little bit of
BEERfrom @joanstewart for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.I believe Hive will surpass its high of $3.42 from Nov 2021. The VSC project will help accelerate this. Also, consider stacking some HBD along the way, training yourself to book profits and take that 15%. That will look attractive when we crypto goes into bear market in the future.