Ya, I definitely need to pick up some more LEO to recoup my investment. I threw in what would now be about $800 worth of Hive in when it was up over $1 and then watched it crumble from $400+ (at the time) to about $60.
But that tells me just one thing:
It's probably a great time to buy now! 😂
However, I've been struggling with the decision to invest more - because I like some of the positions I'm currently holding and don't necessarily want to switch over yet - and because I just made a $1,000 purchase of a computer that I needed so investing more fiat seems extra stressful. Lol.
You know what?
Learning to spend money, even when it's necessary, is hard for me. Learning to take calculated risks is hard. Breaking this odious and infuriating scarcity mindset is a challenge.
But without risk, there's no reward, right?
So, here's to persistence! 🍻
There are a lot of options and it is not easy to switch from one to the other. Thus we have to be disciplined in what we focus upon. There are always choices to make, and with those selections comes opportunity costs.
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Ya, my main concern lately has been how the heck I'm going to figure out taxes. I don't want to incur more of them, especially when I sell at a loss. Not sure how it all works yet.
I'm a little new to that whole part of it and it looks like a giant mess. Can't even get my trading history from some of the exchanges I was using further than 12 months, etc.
Lol. Happen to have any good crypto tax articles?
I tend to try and keep it simple but it is not easy. If you are doing a lot of trading, it can get overwhelming especially since the tools from the exchanges is lacking.
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