Lol. I never mind a good name dropping on a good post!
You are quite right, these winters are always a time to stack and grow!
Lol. I never mind a good name dropping on a good post!
You are quite right, these winters are always a time to stack and grow!
LOL!, thanks! Indeed, if people would release that fear they have during crypto dips, they could unlock the power inherent in the Hive community and build a brighter future for themselves in the world of crypto.
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It's just like bear markets for stocks: that's when stocks are on sale (sometimes at bargain basement prices).
If finding money is an issue, it can always be diverted from some other expenditure. Do we really need to buy that 2nd bag of chips or that 3rd cup of outrageously overpriced coffee?
If any of us is able to bring in funds to accelerate growth, we should do that.
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Right? It's a mindset thing and something people need to break through when they see the boom and bust cycles play out. Picturing the mental image of crypto currently being on sale, really helps as a FUD-fighter.
It helps to keep track of where your money is going. Years ago in the 2000's BH (Before Hive), I wondered the same and invested in Quicken software to track my spending. It was linked to my bank card and catagorized my spending each time I made a purchase.
I was shocked to find out I was spending $100 a month on magazines alone, and another $100+ on potato chips, soda and snacks from the vending machines. Drip, drip, drip and it adds up over time. You better believe I cut that all out.
Instead of buying mags at the bookstore at $5 a pop, I bought an annual subscription for $10 a year, you get the idea.
You don't know what you don't know, right?
Picture this: You're an impoverished person in a developing country. You start blogging on Hive and pull in enough to buy a food cart and stock it.
After you get back on your feet and develop some reserves, you go from someone who was powering down, to now someone who is buying HIVE and LEO and putting resources back into the system to help the next person.
And so it goes.
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