Drink the Dip

in LeoFinance2 years ago (edited)

It is my birthday tomorrow - well, technically it is tomorrow already, so today. Blockchain time means it isn't my birthday yet however, but since I am Australian, I can use DUT (Down Under Time) and celebrate early. Not that there is any celebration ongoing, as it is Thursday night and while I am working from home tomorrow, I have a lot of things to do.

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When did birthdays start sucking?

They used to be fun.

I did however buy myself something for 385 HBD.

1100 HIVE.

The gift that keeps on giving!

I am trying to build up a bit of a trading buffer again, so that when there is a larger run, I can have a little fun on the markets and perhaps turn a profit.

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That spike was a month ago. Another move like that will be 90%, meaning that the 1100 HIVE would be worth about 690 dollars, which is currently 740 HBD, because that is riding at about 93 cents at the moment. That will rebound too of course, but an 80% gain is nothing to sneeze at and I am likely to hold the Hive longer than that, or turn it into a greater volume over the next few months. It doesn't take much really.

Sell a spike - hold - buy a dip - hold - sell a peak.

It is the bit in the middle that people have such a hard time with - the holding. They get them "gainz" in their hands and they use them as if they are at that value. They turn 100 dollars worth into 180 worth, and then go and spend the 180 on a pair of sneakers, feeling like a winner.

Are you winning?

I am not. But one day.

I told my wife the other day that she should leave me for someone who has more money and she said the sweetest thing ever.

"I'll wait til your crypto pay day."

She is starting to believe in crypto!!

But, a crypto future is what I am working toward and at 44 years of age, I feel that there is more hope in it being the thing that makes me economically comfortable, than my job. I like my job and it pays okay, but it is never going to make me rich, no matter if I do actually get a payrise. If I want to secure my financial future, I am going to have to do it myself. And that is what crypto is really about, isn't it?

Taking responsibility.

Not just of personal finances and the value we hold and generate, but also of the world in general. There are so many parts to the crypto universe that can help us better organize and govern ourselves without the constant threat of central authorities screwing us over, that just the value of that is worth it.

honestly, how I see the future at the moment, if we can't get all of this to work well and onboard enough people to make it a standalone economy, we are doomed. Not just crypto people, the vast majority of people who currently aren't in crypto because they think it is a scam.

While they are currently getting scammed daily by "accepted" economic practices.

Sure, crypto is volatile and the fiat value of holdings fluctuate wildly, but are you selling? Perhaps this is something people should reflect on in regard to investing into crypto just to turn a profit and move it back into fiat. Because, no matter how well that goes, eventually, fiat is going to fail, then what?

What is your safety net?

Think about it for a moment. The largest uptake of crypto is in the countries where the governments have so seriously screwed the economy and local currency, that crypto is the only way some are surviving. So, if the entire world economy collapses through the mismanagement of governments, isn't it natural that people will be forced to turn to alternatives.

Some people think that the staying in the traditional economy is a hedge, but perhaps instead it should be the other way around. Use the traditional economy to secure practical assets like houses and apartments, but have crypto as the safety net for the future. Because at some point, the collapse of the traditional economy is inevitable.

Much like the rise of Bitcoin was seen as "inevitable" after it happened. It has fallen of course since the highs of 2021, but it is still 400% above the lows of 2020. That isn't too bad - for the buyers and holders.

Buy a dip - hold - sell a peak - hold - buy a dip.

Honestly, it is all very crazy in terms of value, but at the same time, hey, we only live once, but more importantly, most of us live...

A fucking boring and mundane existence.

Do the average, get the average.

Forty four years and counting. How many more years of grinding away is there before I wake up and do something different? Is that really the rolemodel I want to be for my daughter? Someone who just plods along, doing what others do, because I am too scared to swing for the fences?

Maybe tomorrow night I will reflect and drink on it.
No G&T tonight.

Taraz
[ Gen1: Hive ]

Posted Using LeoFinance Beta

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Happy Birthday!

Cheers mate! :)

I am not. But one day.

Laughs if hive really takes off it will be all worth it!!

Btw happy happy with the ageing day😎😎🎉🎉 make it great bud!
Have a good one!

Laughs if hive really takes off it will be all worth it!!

Totally! :)

And cheers. I am looking forward to a chill weekend doing very little, but I suspect I will not get it my way :)

To be honest, I hope something gets in your way and that you have to end up doing something!

Remember when your old and frail you'll have all the time (or whatever time you've left) to do absolutely nothing😂😂⌚👍

I am old and frail!!
Well, old... ;)

Your wife sounds really smart! Wish that my was as smart as that. She thinks I'm throwing away the money. I'll show her... one day... one sweet day
Btw, I'm drinking this dip as well as I drank the one around New Years. 😎
Happy Birthday, man! 🎉

Your wife sounds really smart! Wish that my was as smart as that.

That, or she is too lazy to find a better husband :D

She thinks I'm throwing away the money. I'll show her... one day... one sweet day

See you on that day!

And cheers :)

But happy birthday!

I'm sure you won't be someone who trudges, you'll be the one who does what is necessary to achieve his goals.

Toasting and then reflecting while sipping something good is never a wrong thing eh eh!

A big Hug!🤗

This morning I am feeling pretty trudgy! :D

I need to replenish my Gin stock. I have one here, but I am saving it for a special occasion.

Eh heh I'm more for a good glass of rosé or better yet for a nice beer .... I admit that as I've gotten older I've become practically teetotal, I only drink on occasions

Rosé? I haven't had one for a long time - but I am always up for a glass of red :

Well a glass of good red can never be refused!

As far as I'm concerned, however, beer always wins... soon I'll start making it myself again and it will be the end!

Buy a dip - hold - sell a peak - hold - buy a dip.

My problem is, when I thought it dip and bought some, it goes dipper 🤣. Same with peak,well I am not a well knowledge trader 🥹🤣.

Same, with your wife, I am waiting for my crypto payday and I know when it will happen. Yet I am still rooting at it.

And I agree, our job won't make us rich, only the company owner.

And of course Happy birthday! Enjoy the celebration with your loved ones.

My problem is, when I thought it dip and bought some, it goes dipper

As long as it ends up higher than when you bought, all is good, right? The day will arrive - one day. :D

And thanks for the wishes :)

happy birthday and its great idea to buy it now as btc is falling

Will it keep falling though? I am hopeful for end of April or May for a decent run. But in this economy, it is very hard to say.

Hope so

Yup, been doing this for years now, but hive to BTC and back to hive.

Ping pong trading is what I call it. But lately I have been powering up a little every day, my new DCA strategy.

There was a time in 2017 where I was literally looking for the flattest tokens, buying some and setting the sells 50-70% up - and waiting a few weeks. It was crazy.

After a long hard working day came to your announcement so stopped by to wish you an awesome new year and a happy birthday.
Hope we are meeting around as time goes on 🤗

Cheers mate! Hope you are well too!

First HBD 🤘, Second I have a similar idea, in my family Im the only one on crypto, from the ppl I relate daily Im the only one on crypto, not that I have too many friends but again the only one on crypto and my neighbor thinks its a drug dealers thing, so Im swinging for the fences here too and not selling anything at the moment just looking to accumulate as much as I can, Hive been the project Im want to hold the most, next bull market is out of the question for whatever I can get this year, my income is getting better every month so soon will start buying, I just need to sustain and increase if possible my income for the next year and I will have a good amount of crypto that satisfy me

Being the only one in, doesn't mean you will stay the only one in - yoiu are just the first. The industry is expanding and over the next few years, more people will be coming to you for advice. Be careful :)

Happy birthday! I'm glad you trade HIVE/HBD. It's more profitable than writing posts :)

It's more profitable than writing posts :)

Yes, it can be. Also can be more expensive! :D

My biggest problem isn't that I can't hold. It's that I stake instead of holding. The. I can't quickly flip stuff. It's more like I hold too much! Happy Birthday! I've been DCAing some of my HBD into Hive.

My biggest problem isn't that I can't hold. It's that I stake instead of holding

This is why I am trying to build a bit of a trading pool for myself. I have staked most and tend to end up doing it again, but not unstaking... at least it means that I end up putting more into crypto :)

Yeah, I never unstake as well.

Since I got into cryptos I've also wanted to create that crypto future haha, I feel like as an investment it's the best decision I can make at my age (20), but life stuff makes it more complicated I guess.

Happy birthday man :)

You have a long road ahead. My tiny bit of advice (if I could go back to when I was 20) would be, work hard to earn from multiple sources, spend little, invest all you can. You can still have some fun of course, but that shouldn't be the primary focus. 30 is not old by any measure, so if in 10 years you can retire, you can have a crapload of fun then :)

I'm glad I caught this day when you were born!)
Happy Birthday! You became a little bigger and more important to me than my real world! It may seem wild, but my world is like that, and you are the best not only in Hive!

I give you a big hug and wish you great health, man!
Just do what you do or what your heart tells you to do!
Congratulations from the bottom of my heart!

!ALIVE
!CTP
!PIZZA
!WINE
!LOLZ
!LUV
!invest_vote

That is a huge statement that I am definitely unworthy of, but thanks! :D I do think you should get out more though :P

😜😂
I don't like loud praise much either, but mine was sincere!
!invest_vote

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@tarazkp! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @stdd. (1/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Happy birthday ya big drongo! 😀😀

Lols. Drongo is a word that should be used more often

I do love it. Ever since hearing it in neighbours!

I got so freaking confused by your long winded explanation in the first paragraph XD

Happy birthday :D

And then the rest of it wasn't any less confusing but I'm still in the process of drinking the first coffee of the day.

I don't think it will help me understand anything to be honest, I woke up tired XD

I still think a lot of people have both sunk cost fallacy and avoid change at any and all cost mentality with current insanity.

Do you have birthday plans or just chilling? :)

I got so freaking confused by your long winded explanation in the first paragraph XD

Hopefully you read it twice. I am trying to increase the "time on site" statistics :P

I still think a lot of people have both sunk cost fallacy and avoid change at any and all cost mentality with current insanity.

Yeah, I think so too Most don't know better, or explore different. They sit into their bubble and shrink it.

Do you have birthday plans or just chilling? :)

Smallsteps has swimming lessons this evening. Just chilling.

I feel like I would inflate a lot of those by having the page open if there is wa too-long time period before it's considered idle XD

Chilling is probably good given that it sounds like you've had a bit going on.

Unless you'd prefer a bit more to be going on instead in which case less good? XD

I'd have liked a bit more going on. Spent the day alone working from home. other than an hour or two with the family, the evening has been alone as well. Well - I guess I can always drink alone!

I'll have a drink with/for you and we can pretend XD

Gonna do something for celebration on the weekend?

Happy B-Day!

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They are carrying 95% of the crypto projects!! :D

Nono, that's cold air.

Happy birthday to you 🎂🎂🎂

We just have to hold on I guess and I am expecting a peak soon as it usually goes like a wheel of up and down.

I wish you have a wonderful birthday and all the best.

Gotta make sure that you have something to hold too :)

Happy Birthday.

Speaking of Safety net, I have Crypto as my last resort in that context. I feel like I have limited ETH, I feel holding on to them and selling them would help with most of my finances. I feel Hive would be the game changer for me to hold up for some ETH portfolio. Apart from that I also think once we cross August of 2023, crypto would get some hits as market gets cashflow with festivals around. And so there is a chance for crypto movement in strong side.

If I needed money, the last place I would turn is crypto. There is far too much upside to use it when not needed. However, I also think that people need to start using it too, but that comes when there is something of value to use it on.

What festivals?

Enjoy being that much older.

Every year older, is a little longer, than the year when younger.

As the days go, then too, go the days.

~nods confidently~

~nods confidently~ is one of my favorite poets.

Happy Birthday!

I love the idea of what you are trying to do, but every time I try to do it myself, I end up just powering it all up. haha. Lately I've been doing a bit better and been managing to save it all up until HPUD so if there is a pump before that I have a bit of money to do a swing trade with. But... then I power it up. One of these days I'll resist the desire to do that. Maybe after I've actually gotten to a decent level.

Anyway, again, Happy Birthday!

but every time I try to do it myself, I end up just powering it all up. haha

That is why I have to rebuild a trading amount!

At the end of the day, either way it will be good for all in the longrun :)

Interesting reflection and your wife is very supportive!
And happy birthday! Oh, and a little gesture to hopefully make your birthday a little less sucky! ;)

Thank you for the gift!! It will go straight into my G&T ;P

Happy Birthday!! I hope you are in full celebration mode now! I think you deserve to go back to your roots for a vacation this year. YOLO!

I am willing to bet it will go down. Do I have financial proof? No, but, that is just my gut feeling. I am doing nothing but watching.

I love your wifes response. :)

Would love to go back for a vacation - but not sure if we can afford it. We are planning on doing something though :)

I will bet it will be something fun! Just make sure you don't use it all up! Save some for meeeeeee!

Happy Birthday!! Your birthday gift to yourself is a great play, I'm thinking. Another wonderful birthday gift is your wife coming around to your way of thinking about crypto. She shows love and faith in you :D That's the best of all!

Posted Using LeoFinance Beta

Thanks Tamara!

She has faith until it happens, and then she becomes unfaithful ;D
Luckily, she doesn't understand any of the technical mechanics!

Happy Birthday man and best of wishes for you crypto endeavors. 🥃🔥

With crypto I too am on the same path, somewhat, business is down anyways, so the crypto realm is getting some extra attention. My wife says the same about my crypto investments, she'll patiently wait for me to hit the "jackpot" one day. Even though the amount I have invested so far is teensy-weensy; yet, no matter how long it takes, I think I'll be in this realm for quite a while.

she'll patiently wait for me to hit the "jackpot" one day.

And then leave you like mine? :D

I think I'll be in this realm for quite a while.

Any new industry takes time for it to really gather mass momentum, but it is the early adopters who have the most opportunity.

And then leave you like mine? :D

For now let's just stay positive about it. Hopefully both our wives will be patient enough. 😂 I don't why, don't know how, but I become quite optimistic when it comes to "making it" in crypto. 🤞

but it is the early adopters who have the most opportunity.

I think we're fairly early. Even though I joined just over a year ago, I'm still learning more and adapting to the ups and downs every day.

Happy Birthday 🎂🎈

"I'll wait til your crypto pay day."

Your wife is definitely a keeper mate!

Happy Birthday from down under!

P.S. And birthdays don't suck, only the adult ones. I still have heaps of fun when it's my daughter's birthday :p

My daughter thought really hard and bought me socks - because so many of mine have holes in them. She chose them to suit me herself - they have doughnuts on them! :D

And yes - her birthdays are great :)

Hope you are well mate!

Im good mate. Thanks for asking :)

What's with little girls and socks?? Mine bought me a pair of Happy Socks with the Beatles Yellow Submarine design on them....lol

Perhaps it is the maternal instincts kicking in and trying to look after us? :D

Lol........ I think it's due to the fact that her school plays a Beatles song just before the morning school bell and I always hum or sing to it. Observant little one :D

That is cool!

Btw, my daughter is a bit of a Beatles fan herself. She doesn't like "Yesterday" though, as it is too sad.

Btw, my daughter is a bit of a Beatles fan herself.

That is awesome. They have a few child friendly songs. I wish my daughter was a Beatles fan.

"Yesterday" is kind of sad. Seems like everything is better in hindsight and pining for what has past. Does your daughter think the song lyrics are sad or the melody is sad?

You both could get matching Beatles socks!! Lol

Happy Birthday my friend!

I think to convert some HBD to HIVE if the price of HIVE drops to $.30, then buy HBD if it rises. I might power up as well, I will see.

That is my plan, though I bought some a bit higher, just to make sure. I still have one buy in lower :)

Happy Birthday!!
Whishing you a great day and weekend!

Thanks mate! Hopefully it is warmer there than here.

This crazy weather.....
But pretty nice here for the weekend will have to start working on the grass as it seems winter is over.

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Damn!! That looks alright!

Happy birthday and I don't bother trying to trade around Hive. Maybe I should try to because it could be profitable but I just kind of prefer to leave that as HP or HBD in savings so it's automated.

Posted Using LeoFinance Beta

It is easier not to trade, but it is worth staying practiced in the internal market.

Nice birthday present ! Happy birthday from up and over !
That was a nice dip yesterday, I managed to catch it going down, and a nice quick bounce back when be useful. I'm got my HBD buy-back trades already in place.
Best of luck with the trading !!!
!LOLZ
!MEME

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It means a lot to them.

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Cheers mate. Not sure how long it will be for the bounce, but I don't mind waiting - at least while I still have a job. :D

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Well, at first, huge wishes for a Happy Birthday!
Being Australian in Finland allow you to party more than 24hours. When teenager that would be great.
Today I feel you have different priorities, like work as you said. Or even probably else!

Anyway, Happy birthday! Eat a slice of cake for me as well, as I will cheer with some delicious pastry made of Almond coming from the very bottom south of Italy (arrived yesterday with my wife @healthymary dad).

Being Australian in Finland allow you to party more than 24hours.

This is True! I can get about 32 hours of partying in!

Eight hours more sleep

:D

That sounds great! I would love to head back to Italy - if only for the food!

congrats with your birthday.

I should reach 7k HP today. that 8k goal for the end of the year seems more possible now when I often write two posts a day.

It is the bit in the middle that people have such a hard time with - the holding. They get them "gainz" in their hands and they use them as if they are at that value.

I am the opposite. I am so scared of selling that it is possible that I will take crypto to my grave.

I should reach 7k HP today. that 8k goal for the end of the year seems more possible now when I often write two posts a day.

I am pretty sure you will make it and if you grow your presence here through adding value and building network, it will be easily made and next year will be even better.

I haven't been able to use any in normal gameplay yet. I need maxed summoners! :D

Ha ha, drink yhe dip is right!!

There's always someone somewhere freaking out about the volatility, but sure that's the name of the game here in Crypto Towers. Happy birthday man, hope ya had a good one, and had some fun 🍺

If you aren't good with uncertainty - get into crypto - you will soon learn! :D

Hello my friend! 😊

HAPPY BIRTHDAY! Wishing you many, many more to come. 😊

God bless you and yours. Have an awesome day my friend! 😊

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So you celebrate 1 week after mine and yes I also like Gin lol. Been meaning to get some of Shane Warnes Gin from Australia as I have heard it is very good and haven't seen it locally. Happy Birthday.

If there is one thing I can hang my hat on in this life, is that I never settled.for the mundane and boring. I never did what I was told simply because it was expected. I've questioned everything, not just whether it was right for me, but whether it was good for all. I may not have had the easiest time in life, but I am happy to say it is the life I chose actively, not just the path I was lead on passively.

And even though this comment is a few days late, I hope you had a very pleasant birthday, just 2 days after my mother (also a pisces). I too believe crypto will play an important part of human sovereignty when governments and capitalism fail us, but I just hope the powers that be don't destroy our crypto universe as their fails globally.