Well, that was annoying.
It seems that while I was careful not to claim too fast on Polycub, the transactions were delayed, causing two to go through on the one block, effectively locking that claim and any future claims for the next three months or whatever, which I see as a bit of an issue. The current "workaround" is to;
- create new MetaMask account
- unstake
- break apart
- transfer
- recombine
- restake
That was a waste of an hour or so and after a gin and tonic or two and with the amounts being not insignificant, I was a bit nervous. The other problem I had was after unstaking pLEO-MATIC, I couldn't find it to break it apart, so I just restaked it on my old address and will lock up whatever gains it gets. It isn't that lare an amount, but that pool currently has an APY of 450%, so in three months, it might be half decent.
But as said, it was a bit of a waste of time, but hey, these pools are earning 24/7 for me, so the least I can do is make sure that they are functioning properly, and an hour isn't the end of the world.
PolyCub aside, the markets in general are looking a little lively and it is reminiscent of this time last year, where the markets went quite crazy with the DeFi hype. RUNE is up 200% in less than a month, HOT is up 30% over the week, ENJIN moving as well - it is looking pretty good!
Touch wood
I am definitely not getting cocky with the markets at this point, as over the last few months, we have been here before, only for it all to move steadily back again. One of these days though, it will stick and the sellers will miss their rebuys, leaving them out in the cold as the markets move into ATH territory again.
That'd be nice
I like ATHs. Means I am definitely "up", though perhaps after all of this time, it would be hard to be down, since I am not one to buy at the tops, and I am definitely not one to sell at the lows. I wouldn't mind selling a bit though - that old kitchen of ours is making me frustrated, now that I have spent some time designing a new one. I would love to be able to get it organized this summer, but that would depend on the timing of the markets and I am not sure they will pump, just so I can have a pretty kitchen.
It is interesting to me that pretty much all "luxuries" like a new kitchen are now dependent on crypto, though technically, they aren't at all, since I do have a job or two that earn and I am able to put some of that aside - it will just take longer to organize.
Am I getting impatient?
Perhaps. After over 5 very solid years of crypto life without using any of it personally, I think maybe it is time I start dipping my digital toes in and making a move. Or perhaps it isn't. I might very much be like that meme and hodl to the grave.
At least my family will have something to remember me by.
Taraz
[ Gen1: Hive ]
Posted Using LeoFinance Beta
I'm not against hodling but remember there's some places you can't take it with you XD
The devil accepts all.
I've been asking myself similar questions about Splinterlands specifically; and I've decided that after I've owned an asset for 5 years, any income it brings in, I'll consider spending money. That way I retain the asset, and my spending money grows over time, as more assets age-out.
Income from assets less than 5 years old can go to buying more assets.
Here more than anywhere, it's important to have a strategy; instead of just going with what feels best each day.
That seems like a fair strategy to me. With SL, I am not even at a year yet :)
I like the idea of rolling in for a period of time and then skimming off the top from there on out. I do find it hard to "spend" even when it is actually moving from one asset class to another.
I wish I was more systematic and disciplined.
Definitely gotta start taking something out eventually.
We've talked about trying to build a base stack of capital that will generate an income.
So my advice would be to start to cash out some of those DeFi or curation profits into a monthly crypto salary.
Keep your base stack, but instead of re-investing everything back into it, start to take what you're earning on top, out.
Posted Using LeoFinance Beta
I read from bottom up on these - and @mattclarke was just suggesting similar. I have started stacking a little in stables too, as while not quite a salary, it is kind of "close to salary". THough, it still has some risks with it.
Nothing wrong with taking a little profit. Even highly immobile folks like me take profit. I have always in favor of buying/doing something physical with profit. Then just in case everything blows up and we have a nuclear war, you at least have enjoyed that remodeled kitchen.
Just fact.
Yeah, this is the thing. Sometimes I wonder what my endgoal is and at the moment, it is definitely "scarcity mindset" expecting to never have this opportunity again.
My wife and I were just talking about how sometimes not doing something we miss the opportunity to do so at a discount when thinking of things at the moment. I could have bought a few bitcoin back at 3k but when I was considering it I thought it was too expensive. Hindsight is a bitch when it’s 20/20 vision! Lol
I wonder if because I didn’t buy my normal bitcoin amount this past pay day, trying to catch it on the dip, that I’ll be kicking myself when it keeps going up lol
I tried and failed at PolyCUB the other day. Hopefully I can figure it out soon lol. I do have a little bit of it waiting to be claimed, just have to figure out the transaction fees to cover it..
This always seems to happen to me... "just a little lower" ---no.
the fees are super cheap on polygon, 1 Matic will last you a month or two :D
Hi Taraz
When I read posts like this I think back to 5 years ago and I totally could have started crypto then - I just had absolutely no exposure to it so it didn't happen. Darn it. I guess you have to start somewhere.
Taking profits after 5 years - why not? You never know what might happen tomorrow.
Hope you are having a good Sunday
It is kind of funny -when I started on Hive (Steem at that time) I didn't know it was a crypto site! :D
Before that, my only "opportunity" was to try and buy some bitcoin when it was at about $20 - I couldn't work it out, so went drinking instead....
Especially sharing a border with Russia :D
To you too - wild plans?
I'm sure that you reflect on this often - how much would that gin and tonic be worth today in BTC if it had actually been purchased? I have heard that Steem was full of ummm "interesting people" and "crazy politics", so maybe I didn't miss out too much there.
Yes well you know exactly what I mean and perhaps taking a leaf out of your brother's book and doing some prep work wouldn't be a bad move in this particular instance.
Lol wild plans? Migrating a problematic domain for a client is about as wild as my day will be I'm afraid. Life of parents is just so exhilirating lol.
It would have been around 30 BTC worth :D
It wasn't all bad. those crazies are here too - but Hive is calmer by far most of the time.
Living life on the edge!
Hold to the grave used to work for long term investing. I think the key word is investing and not, speculation. Sadly, most markets are too unpredictable and more like rolling the casino dice. At least you enjoy the gin and tonic for the time spent.
Always a bright spot in life somewhere :)
Will they though? Or will it all be so complicated they'll just forget about it?
I haven't done anything with any PolyCub anything yet... but I assume I'll get round to it some point in the next less than 60 days.
Not at the value I have collected - they will work it out!
I have people to help them.
I have taken a hybrid approach for the most part. a bit here and there, a bit back in.
btw... I blame the G&Ts on that last round ;D
Ahhhhhh, you're smart!!
I've basically written a long explanation and some suggestions on who might be able to help... but it really is super complicated.
Hahaha, I'm all over the shop tonight. I've beaten you and Gank and Neoxion in the last hour and then lost to some super low powered accounts.
It is worth having someone you can trust - just in case :)
Are you getting timeouts and losses?
Ah no, I haven't yet today.
I have never had the two claims in one block error but it sounds quite annoying. Maybe it's because I usually wait for any transaction I am doing to finish before starting the next one. I guess I will take it as a learning experience and I think it's never bad to take some profits.
Posted Using LeoFinance Beta
Yep. I thought I had - but it seems there was some lag on the chain or something. Polygon doesn't seem that reliable to me. Just go even slower - because it is annoying :)
Polycub has a great future to me so spending time on it is like investing in our future it might seem not profitable now but believe me in the future you will be glad you did it. Organizing a new kitchen does not consume much time once the money is available, you might think of awarding it out to save lot of stress and time.
With an old house, it always takes longer than expected, as there are so many "surprises" with what has been done in the past with it - pipes, walls, electricity...
I think holding mine with very long time is very easier. it will become worth much more next year, do you know some ways to pay little about transaction fees and can I use for example my etherwallet?
It is easier to hold, but eventually, there has to be some purpose for it :)
The fees on Polycub at least are very low, as polygon is cheap as.
I am thinking to use my crypto assests for my personal demands after 3 or 5 years.
What would be number one on your list?
I think it will be mostly for travelling.
Hodl to the grave seems like one hell of a risk taker. Bad to the bone.. Only the fittest survive! Best Regards!!
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