Aaargh.... these markets.
Just when I thought it was a good time to buy, it has fallen even further. I should have made some posts about buying, because then at least you guys would have known to hold on a little longer - as this seems to be my trade pattern 95 percent of the time.
@edicted said November.
(those HIVE supports didn't hold)
Many have said around then too, so hopefully the cost of the current "cost" is going to be well and truly recouped in six months or so. Though, technically that cost isn't a loss, as it was crypto to crypto. I was hoping to make a bit of a swing trade and add some more weight to the original token - but instead I added wait.
My stomach for trading (or perhaps it is my mind) has falling through the floor, much like the value of a lot of my holdings over the last few years. Yeah, there has been recovery and moments of trade glory, but most of the time, I feel like I am on the wrong side of a glory hole.
Is there a right side of a glory hole?
My "Be Bold" moves rarely work, so perhaps I should just Be Timid instead, and just keep holding whatever I have without trying to increase it, and wait for some gains - much lower as they may be. It might not be life changing amounts, but at least it could be something significant to make it all worth it. A decently paid hobby is better than a hobby that pays nothing, right?
It would be great if one hobby would be able to finance other hobbies though. Like I reckon it would be pretty awesome to be able to pay for working around my house making improvements to the garden, by writing and curating. Or of course even better, being able to have the opportunity to retire outright, and write for a living.
Writing is for living already for me.
Not for "a" living, but it is such a big part of my life process that I can't really imagine stopping it. It helps me make sense of my world, and sort through the various feelings and situations that arise - often reducing what seemed significant, into something that might be quite irrelevant in the grand scale of the context of my life.
It is a zoom out process.
And while the trend for HIVE in the short-term doesn't look great at the moment, it might not take that long to turn around if the rest of the markets get a significant kick. Bitcoin is laying less than 10% below ATH, and that means if there is a big run, its potential is to move well above that point. This will hopefully drive a lot more interest into the alt markets and perhaps eventually, people will realise that most of the tokens are unusable and instead start looking to places like Hive that offers gamification of the token in multiple ways.
The world is collapsing.
The political and economic landscape is a shambles, and people should be looking for places where there is order, trackability, and trust, without having to rely on governments full of liars, cheats, scammers, and warmongers. Many will also look to just avoid it all and bury their head further into entertainment. The benefit of crypto is, there really is something for everyone and it is possible to both get some level of trust and certainty through the technology, as well as use that same technology to bury the head a little further into entertainment, at the same time.
Maybe even make a little value along the way too.
Crypto often gets accused of being a game for fools, but just have a look at the world right now and tell me that it isn't a game, and it isn't being played by the biggest of fools. Not only are they immature and foolish, but they are also keen to be violent and controlling. They are like spoiled children, who like to hurt animals.
We are the animals.
After all these years, what is another six months to wait and see what is going to happen in the markets. Will it be life affirming, or life shattering? Will it be that moment where it all comes together and I feel vindicated? Or will I feel victimised? While I can't do much about the direction of the world, at least the choices here are mmine.
Taraz
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Dude, I'm so sorry for that frustration with the market, it's a roller coaster that makes us all dizzy! You, instead of weight, brought a smile to my face, how well I understand you! But I greatly admire how you use writing to process it all, that ‘zoom out’ is so necessary.
Your reflections are invaluable, much more than any trade, but beware of somatizing them. May, these six months bring favourable winds for HIVE and the rest. In the meantime, keep writing, it's your superpower, and it helps many! Hang in there, you're not alone in this, be happy…
I try not to put too much of my mood into it, but there are always some slight pangs. :)
If everyone wrote for 30 minutes a day, it would be a better world. If they wrote for an hour, it would be better again :)
I am not into that position yet, but well I think it is a great thing to fund some of our expenses in life with the revenue from HIVE although its price is not as high as we have expected for a long time.
The price will never be high enough perhaps. But, at least Hive is a place that is useable for many other things and still stay on the blockchains.
Few days ago I sold all my SPS and bought some HP and HBD.
I hope that that manga contest will be good to me. I think that if I would win the main prize I finally would have some profits from my art. After 8 years of making art that would be really nice. Even the prize for honorable mention would be nice to win because the most I got for a painting was 120 eur so 100 is not that far away. But if I would win the main prize that would beyond awesome. I could buy so much HP with it.
You have very high hopes! Just enjoy the process of getting your work out there and being seen. Win or not.
I am enjoying it. Seriously speaking I think that my chances of winning are very slim. After all I have been making manga only for a short time. But at the same time I believe that low possibility means that it is not zero.😛
Yeah! You are absolutely right, we should definitely do one thing or the other rather than nothing because something is always better than nothing.
Moreover sometimes some of us to get upset when we see the things no going the right way as we wanted them to be but we do need to take out different strategies otherwise there's no interest to live!
Investing is boring. That is why most people don't do it, especially these days when there is very little patience.
Why not keep half of the income from posts in HBD. Good interest and insurance against a strong fall in HIVE.
I use it to buy Hive :)
I know. But it happens that after months you can buy more HIVE :) After all, there were prices of $0.40 and $0.60. Waiting for $1 was very risky for the entire amount of HIVE.
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STOPWe believe that markets have ups and downs. In times when markets are bad, there is actually opportunity. If we have cash, we need to evaluate it. If we don't have cash, it would be better to stay away from the screen for a long time. Patience is the most important emotion in this sector.
Isn't summertime fun in crypto? I tend to understand even more those who sell in May and go away over summer. It's a relatively unpredictable period, and not only in crypto.
You're probably the reverse oracle the community needs. Start a telegram group and just post your buy signals so they can do the opposite lol😂😂😂 or the same thing
I feel like I am going to be sitting on this pile of liquid Hive forever!
Couldn't agree more. Writing is now becoming my therapy too, helps put things in perspective when life gets a bit overwhelming. The zoom out effect is so real. I pray that HIVE bounces back soon
yup, the markets are just an enigma lots of the time. we go by what we see on the charts or perhaps because of news, but yea.. it often does the OPPOSITE of what we think it should. 😜☺️🤙