RE: The Hive early adopter fallacy
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If we can't vote with our feet and pitchforks, what can we vote with? Early adopters have a lot of risk and responsibility. I don't think they will necessarily be better rewarded unless they sold a bundle for a profit. I know a few people who've been here less than a year that are doing great, better than some who've been here 4 years.
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Yeah. Those that sold even a portion(I didn't) at the highs are likely well up -but that also lowers their stake long term if they don't buy back. I always said - let Stinc dump but everyone was worried about the price.
Never selling is a decent principle, especially if you don't need the money, but it is not a particularly good strategy. I prefer to buy low and sell high (not as easy as it sounds). We have been through quite a few highs and lows.
I can honestly say, I have more Hive than I started with excluding the airdrop. But that is a rather convoluted statement. In some ways, I consider the support of crypto in general as most important. I haven't cashed out since late 2017. I also rarely mess around with stable tokens.
In any case, I think
we are allmost of us are going to do so well it's going to be silly to argue over this kind of stuff.I have diversified a bit but still hold too much nonsense. I was in the process of beginning to consolidate just before the BTC run up, that wiped out my last few months of trades :D
Yep, it is silly - but there is no end to envy.
Actually, I just sold some crap today and deleted a few coins from my tracker cause they are down 99% and the only social media posts are people asking what happened. It's still in my wallet in the unlikely event it becomes worth the fees. I also found out one of my long shots is up 50% and looks like it could become a 10X or even 50X if things get to ATH again.
I like to HODL, but I also have common sense and HODL defies common sense a lot of times.
There are random pumps moving across the entire market now -so I am waiting to get some decent sells in as the bots try to squeeze more out of them. My volumes don't move the meter much :)