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RE: Leo Talk 4/25/2021 -Come Join Our Chat

in LeoFinance4 years ago

I guess this was probably spurred by some of the comments we saw recently. So give it a read if you are new. I think its best to think in those ways.

https://leofinance.io/@hitmeasap/how-to-cash-out-ask-yourselves-this-before-worrying-about-cashing-out

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It sure was. I think it's equally important to get new users onboard and teach them "how to Hive" properly, so I felt obligated to write something about it.

"Takers" won't feel- or be successful so I just wanted some of them to change their mindset as it will benefit us all in the long haul.

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I agree. While obviously the goal is for people to "make money" in Hive and the crypto world in general, a person really needs to go into it with the mindset of "what value can I bring to the community". If you view things through that lens, I think the long-term potential will be massive and you'll be able to handle the ups and downs of the market. If people focus on providing value and not taking value the results of the network effect will end up being exponential and there will be plenty for everyone down the road. The Age of Abundance will truly be realized. It's going to take a while, obviously, and there will certainly be points where you can, and probably should, extract a little value along the way, but overall we're still so early I think the focus needs to be on building and not taking.

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It's important to have a healthy and active platform. That's attractive for outsiders and that is what will bring a lot of people to Hive. We have a superb opportunity in front of us where people can monetize their content. They can earn something for content they've been sharing for free for decades, but it takes hard work and consistency. A lot of people doesn't seem to realize that because they look at the trending pages or whatever.. They see others having a lot more success etc.

They see the $ and not what a person might have done previously.

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Totally agree. I've posted about that very thing in the last couple weeks. My Michael Jordan analogy. You can't just show up and become wealthy. It's a process and it takes days that turn into weeks that turn into months that turn into years. Seriously, if you just stay with the program, you can eventually earn a very nice amount without the price of the token even moving. Ideally, we all want it to go significantly higher, but if you built a large enough stake, you could be earning a couple hundred dollars a day just curating and posting. I'm sure some of the whales do that already...

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Left a vote and comment on this one. New folks are in need of guidance and some long time users as well!

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just read the post. i think it is a good one for newbies to read. if they understand the process maybe they can cash out if they want. but not understanding how things work and wanting to make something is counterintuitive.

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Yea I don't mind them cashing out a bit if they really need the money to survive but they should really be thinking about how to grow their account.

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lol maybe get some support first before thinking about cashing out the money you don't have. i depend on my earnings, however, I have also realized that if I want to maintain that stream of income I need to add value.

maybe we scared the fellow with our comments. i think we are not so harsh. the truth is often difficult to accept.

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New guy here and learning the process and what this is all about takes time but I'm very interested and still here. I'm not really worried about "cashing out". But there are some people who are just looking for a quick buck I guess or they don't want to be part of the community.

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Yea those chasing a quick buck are only worried about cashing out and not finding out how to be successful in the block chain.

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