Now that we are poor

in #economylast year

I keep on seeing posts worried about this whole bear market thing. People who are wondering if they should just sell and quit the game altogether. It seems to me today is a good day for gut check….

back to hodlin

Why are you here?

I think this question is not only valid, but it’s also the most important question you can ask yourself. If you think that going into crypto, that buying up a token, watching 100x and getting yourself a lambo is a life goal, then you should wake the fuck up right now. Real talk as they say.

Sometimes you gotta slap a friend to wake him up from the stupor, and I guess that’s what I’m doing right now.

But here’s the secret to this whole crypto thing, the “secret” you’ve read before but you’ve not given yourself the opportunity to take it seriously because it’s too stupid.

WAIT!

All you gotta do is fucking wait…

And yes, I wanna you wanna wait harder and faster, but that makes as much sense as a tootsie roll socket wrench.

The secret has always been out in the open, and that is why we tend to ignore it. All the OG’s as we call them, are OGs because they have the patience. They understood the long game, and when prices dropped, when the pain was at it’s max, they had the fortitude to walk the fuck away and go do something else for a while.

If you can’t wait…

Then you already messed up. If you need the money tomorrow to pay the bills, you already lost. Sorry, gut check here.

As my friend Clay reminded me once: “Markets can stay irrational longer than you can stay solvent”

Therefore you can’t rely on the market. That’s the secret….. Don’t harvest the flowers when they are not blooming.

When will this turn around?

Who the fuck knows. Nobody knows, and you should not use up your mental bandwidth thinking about it.

If you feel like you are losing hope, losing faith and are becoming convinced this whole crypto thing is a scam. (they say so in the media, it must be true). Then you don’t get it, and probably never will.

Gut check my friends… gut check….

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Some people's guts are screaming bottom right now ;).

I've never seen a single TA guru get those right... so I'll reserve my right to not believe them... hahahah

Good point. I have unfollowed since this comment about ten persons on Twitter. Too much clownery...

If you believe in the future of the coins you're holding, now is a time to accumulate more. They're cheap right now, so it's a good time to stack, as they say.
It's obvious that some cryptos aren't worth stacking because they're based on nothing, but the Hive platform actually has some uses, Splinterlands being an early example of that. This coming from a person who knows almost nothing about the crypto world.

I dumped a bunch of my hive holdings back when it was in the 50 to 70 cent range and litecoin was way down, giving a 100 to 1 up to 120 to 1 swap ratio. I had plans for the fiat from that litecoin, but then the market tanked and I'm still holding a lot of the litecoin. Such is life...

Since I'm 68 now, I was thinking "how long do I want to hold the hive, I could kick the bucket and it would be just gone". That's what happens when you think too much about it.

You make good points Amber... I think it's about balance here. It would be terrible advice to make HIVE your sustenance, that's for sure.

The better question is: Are you living the way you want to live?

Still hodling my hive, i post so slowly that only recently became finally a dolphin... Que será será,whatever will be will be?
Still coming cos I feel I have art to share and people who care

youve done great Yid... i know you doubt it, but i dont... i think you are going to have a nice little nest egg for when you truly need it here.

Happy new year, Meno

Smart words meno and I'm glad you're still around. Keep these posts coming and happy holidays.

happy holidays to you too Erikah

I've heard it said keep your head down and build. That sounds promising but the challenge is building in the right ecosystem. Hive is one of them but several promising projects have turned to dust. I especially resent the behavior of some CEOs who in the face of collapse just apologize and move on. That demerits the community. If I am going to get anything out of all this it is to learn that Crypto is for the long term.
So I wait and build.
!PIZZA

You made me wonder how much poorer I've gotten, lol, I had to go look.

slowly time to buy in again..

Just keep building this is called capitulation.

well now stranger, how the hell are you?

Happy holidays

I'm good... I never truly left left... just kind of blended with the background. How have you been?

I'm super good, looking forward to 2023

Since the fork, I tend to come and go

🍕 PIZZA !

I gifted $PIZZA slices here:
@ditoferrer(3/10) tipped @meno (x1)

Join us in Discord!

This sums it up for me "Don’t harvest the flowers when they are not blooming"

Wait!! Again!! I say wait!