I Don't Want To Invest, I Want To Earn! (I Mean Invest)
The reason I traded what little crypto I had for Steem in 2017 is that it made sense to me that no matter what happened I could rescue my losses if I worked hard.
It was a bad idea in the short term but I earned all my losses back during the bear market so I guess I was right. Bored, but right.
A lot has happened since then and if Hive put me in profit and now Leo and well, you get it. I'm chugging along and earning some pennies while the rest of the world is seemingly making fortunes.
So what I started to do was take a little of hive and branching out. It started when Cub launched and I learned more about Pancake Swap.
I started inching up my BNB so I could make moves but then the BNB became important to me. I hate spending it. But on Monday I bought some Cummies (the cumrocket token) and I have 10x so far. It isn't much money but it's a 10X. My first one.
I bought a little dodge on a dip because honestly I don't know why and will sell it before Saturday Night Live this week. It's only a $50 investment so who cares?
But, I'm learning and I'm earning. And if I do the wrong thing I can always earn it back on hive/leo. That's my point here.
If I lose everything I have hanging out there I won't be down. I'll be mad but I can rescue my money. That is something that every crypto newb out there out to know.
They can write about their experiences on Hive and hedge their losses. But that's a tough ask because as I am getting myself out there in the crypto world the most important thing I've learned is that absolutely nobody is talking about Hive/Leo/Cub.
It's a real shame because we have a great blockchain here but for now it is what it is. Just remember to show up everyday and earn. Don't leave your votes on the table. It will pay off for you.
Posted Using LeoFinance Beta
You may have missed the potential gains over the last year, but you also managed to avoid some of the epic dumps we've gone through too... sometimes safety is best, and you shouldn't dwell on what could've been. And your points about #Hive are entirely valid: we need to have a plan to onboard the masses, and the users who are here need to make better use of the ecosystem. Thanks for sharing! :)
Posted Using LeoFinance Beta
It is a bit sad that things are not hopping a little more around here. You would think with all of the good things we have going on more people would be taking notice. Perhaps it is because this is just too long term and not the flashy 10x and 100x gains that some other tokens and spaces are getting. Maybe we just need that one NFT on Hive to sell for 1 million dollars and we can get some of the limelight!
Posted Using LeoFinance Beta
It's as simple as this ^
One can use this place to grow your knowledge bank and learn from each other's experiences. You might get upvoted for sharing your fuck up story, so it's worth the shot.
We spend so much time on Facebook doing an endless, scroll. Here you can make money on your activity. I hope the masses realize this soon and hop onto this amazing crypto ride.
Posted Using LeoFinance Beta
It is why they need to be on platforms on HIVE where they can make back any money they lost. I am down a bit in value after entering a LP pool a few days ago but I have pretty much made back the money I lost in HIVE since.
Posted Using LeoFinance Beta
Yes i personally don't believe people should purchase cryptocurrencies but earn them through building the network. The reason people don't get why people don't come to hive is because hive doesn't give them as much value as other social networks.
I know that's hard to believe for some. You'd think getting paid was enough. However the mistake people on hive make is believing that monetary value equals value. That is not true. Monetary value equals monetary value. Facebook and twitter equal social value. Hive does'nt have as much social value as facebook and twitter.
So thats the confusion. That said i believe the most important thing is building networks first not earning money. Money comes from value and use. As long as you have enough of the other value you'll have enough of the monetary value. That's why those social networks worth trillions of dollars.
There is very little incentive to buy cryptocurrencies besides speculation. Speculation is not value. Speculation is Speculation
Posted Using LeoFinance Beta
I am amazed at how difficult it is for the general masses to comprehend Hive where one gets paid for media content. It's just too new, too much of a leap forward for them. Only the "avante garde" or front runners get it, the nerds and financially savvy. I'm neither but I still took to crypto quickly when I found out about it, and it was easy to grab the opportunity of Steemit, as it was back then.
So the learning curve is big. First the masses need to get familiar with crypto, and then they need to make sense of what seems obvious to us - the earning power of Hive. The problem is that their friends are not on Hive so they don't have the reach socially or feel heard or able to engage with their friends. And people seem to prefer being heard than earning.
Posted Using LeoFinance Beta
Certainly one gains more from the learning process than the money itself, as I am 100% sure you know where to invest or not more than you did in 2017.
Posted Using LeoFinance Beta
Its amazing to see that you made 10x in cummies. Never even heard of this. But this is the beginning of your journey in crypto trading. You should not get tempted due to this success and should not forget one bottomline that before investing due diligence is must.
Posted Using LeoFinance Beta