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RE: The Hive early adopter fallacy

in LeoFinance5 years ago

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 all most of us are going to do so well it's going to be silly to argue over this kind of stuff.

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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

In any case, I think we are all most of us are going to do so well it's going to be silly to argue over this kind of stuff.

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 :)