Interesting thoughts. I was particularly struck by the concept of the maturing investor you speak of here. I know everyone still buys 100 different doggie meme coins in the hopes that they will get lucky and pick the one which moons. And quite frankly I think that mentality extends to non-meme coins, as I see investors have 10-20crypto tokens in their portfolio because they think one or several will appreciate greatly. I think this is also Gold Rush mentality of hoping to strike it big and get lucky.
I think another mentality is to buy crypto that makes money now, pays dividends or passive income, active income also. Depending on crypto token appreciation is not a bad strategy, but an old strategy which takes the power from your hands to improve your financial condition. Investing is an active step towards improvement, but I think we need to think about it differently.
I know that once I came to Steemit/Hive I started thinking differently. I put my money into Steem every payday and my heart and mind into it everyday. I can honestly say I was not earning or accumulating dollars, I was accumulating Steem, because it was making money now in several different ways.
This triggered a struggle in my soul. Part of me wanted to buy Bitcoin and Ether, part of me wanted to buy only more Steem. I see it as a struggle between growth stock investing a sophisticated version of the lottery ticket and dividend stock investing a legacy version of Steem and Hive.
I didn’t stick to my guns and split my resources between Bitcoin/Ether and Steem/Hive. I made money on both of them, but I can’t help but look at the price of Hive, the size of my stack, and the size of the stack I sold to buy Bitcoin and Ether, and wonder want could have been.
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I have never bought one meme coin. :) But, I do have some tokens I have held since 2017 - but can't bring myself to sell. Some of them still have viability though, like ENJ.
When it comes to staking, I am really only interested in being able to stake tokens that I think are actually going to have some usage later or, be worth holding. I don't want to stake shitcoins for more shitcoins.
I erred on the side of buying Steem by a long margin :) There are always two remorse dilemmas in play - buyers remorse, and sellers remorse. How I loiok at it is, despite what I buy and sell, I have to think about the overall view of my portfolio. In general, I am up.