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RE: A lot of lost loss

in LeoFinance5 years ago

I feel you, but we must separate two things here. Gaming (in Hive) and investing.

You can game completely for free in Hive with all the above mentioned benefits, and only gain from that if your expectations and time spent on site is not clipping normal hobby aka fun time frame. And you are investing way over that so i suppose you are not driven merely by the act of gaming, but have expectations for financial gains and that totally changes the subject.

While a very interesting paradigm, that might possibly iterate to some really good use case, for now it is still experimentation stage. Not really usable for anything than to spend some time and socialise with few strangers based on common interest or etc... Desired content is hard to find, and just a few authors posting quality and engaging content. There is opportunity cost and all that blah blah blah, considering how much time you have to spend to engage with the community properly.

Rest assured it is fun if used moderately, some opportunity sense for financial gain, some playful hedge if very small portion of your disposable income is involved. Other than that it can get frustrating. For the financial part i trade hive btc. It's much more profitable for me than creating posts and engaging in hope for upvotes. In other words i can earn much more hive by trading than participating in Hive community. As for the fun part i do it as long as i love it. Get best from the both worlds and i am happy :)

I used to participate much more, even came up with an idea how to get real world adoption and get so many more quality content creators, started an initiative BeScouted that failed. At that time it was Steem, i failed to get support from Steem Inc, my project was never mentioned in Steem development as Steem DAPP and i have abandoned it. What i was building was not a DAPP per say, it was a mix of centralised entity with Steem rewards, so maybe it was discarded because of that. I am not a coder so i can not join directly. Anyways it is getting too long and of topic.

Bottom line, while it is promising and fun when used in moderation, i would never ever invest my money into something that is inherently broken. We will continue to see voting circles, whales raping the reward pool etc and while there are some really nice guys with great initiatives, just they are too few.

Bottom line, i am not selling my Hive for fiat, but i am not investing my fiat into Hive either. Other than that, keep your hopes up, have patience and who knows, maybe some day we will see Hive 5 bucks or so again, and you will be settled well :)

Enjoy doing what you do, i enjoy quite a few of your posts though i am not a big reader of social media myself.
Cheers.

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In other words i can earn much more hive by trading than participating in Hive community.

Most are likely in the same boat, however I also think that the participation adds a layer of enjoyment to the buying. I don't have fun trading - I have fun trading Hive as it is connected to my hobby. There is a difference imo.

Have you seen the NFT showrooms and (I think) there is one for photography?

i would never ever invest my money into something that is inherently broken.

It is funny though isn't it? People invested into Facebook with essentially the same mechanisms, albeit, they are hidden from the frontend view.

I like the process and engagement here and have never been a fan of the traditional SoMe platforms, though I have used them enough. Now there is an option that suits my style and thought better - I am not planning on ever going back.

!ENGAGE 20

Well in that case i see no reason for stiff lips and regrets :) Just enjoy it :)

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