I often tease my daughter about having stinky feet. She doesn't really have stinky feet, she has lovely, little feet that although a bit sticky at times (why are kids' hands and feet so sticky), smell nice. But, she is an only child (We would have liked to have a sibling for her, but it wasn't to be) and I want to make sure that she doesn't get too spoiled.
Teasing is good.
And, she gives as good as she gets, even digging into some of my friends who she knows well enough to do so. Which is great, considering she is shy most of the time. She is also quite sensitive in many ways, so playing in this way helps her thicken up her skin in a safe environment, because while she knows I am only joking, it also makes her think a bit about her feelings and opens into other discussions.
She is my BunnyBear.
The nickname comes from my wife, who I have called Bunny since I have known her and she has always seen me as a Bear. It is my temperament, or perhaps my sleeping habits.
Is it better to be a Bull, or a Bear?
A silly question perhaps, but I was thinking about this a moment ago and how while everyone waits for the Bull market, bulls themselves are domesticated animals and the ones that are allowed to be their wild selves, are slaughtered with swords in fighting rings. And with all their strength, speed and anger, sometimes they get the better of the round, but eventually, they are all put down.
Bears on the other hand (other than the ones captured for the circus), are generally wild animals and even in captivity, are left to their own devices to lumber around their enclosure, doing what bears do. Despite their immense strength and surprising speed, they are rarely in a rush and nothing really threatens them. They seem to live an easy going, calm life, patiently going about their day, doing what they do.
In terms of market mindset, bulls are easy to beat, because there is so much energy that propels them along, so much excitement and even in the uncertainty, things are looking up - with investors enjoying the increasing wealth. Bears on the other hand are the harder to manage, because not only are investments on the downturn and wealth seems to be evaporating away, they also tend to be longer than the bull markets, patiently plodding along, wearing down participants.
And it can be difficult to see the on paper wealth fall away consistently, coupled with all those thoughts of "I should have sold earlier" and, "what if it never recovers..." For those who have been around on Hive a while, the bulls and bears come and go and the various reactions are relatively typical. There is anger at the "failed projects" and all kinds of suggestions to prop up the price. But, there is always a group of core people (hopefully a growing group) who realize that the best time to build is in the bear markets.
It is really just a basic buy low strategy, but it is one that many people struggle with, because for instance on Hive, low HIVE value makes working for rewards more challenging, as even though the HIVE payouts are the same, their "real world" worth in the moment, as well as the HBD is not worth that much. However, increasing the stack of HIVE means that if that Bull market does arrive, any work done in the bear becomes supercharged.
It is an investment, after all.
Right?
This is something I wish more people would pay attention to on Hive, as while working for dollars or getting a vote on a comment might not seem like much now, stay consistent, persistent and engaged through a bear market and when that bull comes, the value will surprise you. I saw a comment (I think from @bozz) on a post the other day about how he remembers the value of his HIVE wallet at the top of the last bull where it was around 3 dollars, and while it isn't worth near that currently, he has around twice as much HIVE. Suffice to say,
He is looking forward to the next Bull cycle.
As am I.
There are no guarantees it will arrive, but that hope for the future makes managing the present and staying consistent for easier, from an investment perspective. From a writing perspective, I enjoy writing daily anyway and I like building content that people enjoy engaging with, which makes it easier again.
But what really helps is being "one with the bear" and getting comfortable with the lumbering pace that is being kept and the no rush to meet the bull in the field. The bear takes the approach of,
It will get there when it gets there.
And, that is okay.
Because for those who also know a few cycles, meeting the bull also means recognizing that the stacks of value less tokens weren't high enough, and looking back, more investment could have been made. More time could have been spent, more money used to buy another bag of tokens, or shares, as the case may be.
Just remember, people were calling "the death of Meta" just eight months ago. That society-harming piece of crap of a company is up 3x:
That is less than 25% away from its ATH 2021 ATH.
Things change fast, don't they?
Not everyone has an investor mindset, but perhaps if we take a step back and evaluate what that means and what we might need to change in our behavior to get to where we want to be, we might find a way. Perhaps we can channel the personality of an animal, taking on its spirit like the tribes of old, to mimic some of its traits. Maybe we can change our animal depending on the conditions, become a patient bear, a volatile bull, a perceptive hawk, or a hungry shark when needed.
Anything, but a cow to be milked.
What is your investment animal?
Taraz
[ Gen1: Hive ]
Posted Using LeoFinance Alpha
She has adorable little feets XD
My kids never had sweaty/sticky feet. They were often very dirty from playing outside and then I'd have to clean up their adorable little muddy footprints from the doors to the bathroom and that was about it XD and then at our gym you can tell which coaches have kids as the ones that don't (usually teens/early 20s) struggle to cope with sticky sweaty little feet and the ones that do are like whatever, worse has been dealt with XD
Youngest's hands and face on the other...hand...ergh, you'd be forgiven for thinking I didn't look after him at all XD
I guess most of us are cows no matter how desperately we pretend otherwise XD
I guess I'm a rat. I snaffle tiny pieces and hoard them forever.
I will also scuttle away with nary a backward glance if the ship sinks.
that doesn't mean I won't be sad about it
Sometimes I wonder how nurses without children cope in a hospital.
This reminds me that Smallsteps this summer has finally embraced her hippie self and is walking around barefoot a lot. It has been strange in the past, as she is normally barely dressed, but wears shoes! :D
Token Hoarder is likely going to be a diagnosed syndrome in the next few years. :)
LoL! Maybe her cute little feets were too sensitive XD
Does it count if it's only one type of token? I've been way too lazy to branch lately and all the eggs are in one basket. Otherwise I guess I'll add that one to the list of possibilities XD
I don't really mind the bear market. I just wish I had done a better job of preparing myself in the bull for the bear. I didn't last time and that has made my other investments a bit of a struggle. Hive on the other hand has been pretty consistent because I just keep coming back every day to post, comment, and curate no matter the market.
Absolutely.
It makes participation easy, doesn't it? If all of crypto was this easy to be a part of, things would be different.
Yeah, for sure. I had some WAX assets that I mismanaged in the last bull market. I took enough gains to take care of my real world responsibilities, but I didn't move extra into stable tokens to set myself up for this bear market.
I think my investment animal is the turtle. Slow and steady with a decent bit of armor, and not easily destroyed. It doesn’t work well in a fast manner but through consistency. I have been consistently buying up some of the various assets that I would like to hold in the future and trying to get to some goals of a kind.
I’m getting ready for the upcoming bull or even big jump in hive price. I was putting a decent amount into HBD for a while but I’ve been selling it all of late so that I can get what I think is discount hive so when the price spikes I have enough powder to make some moves. They are internal moves of course, as this is future money for me not short term stuff. It would be sweet to swap some hive for a hundred or so HBD then wait for corrections to occur and swap it back for hive and gain some. When hive spiked to 3.x I swapped hive into HBD and tripled my money which was awesome. I would love for the same chance lol
"The Way of the Turtle" could be an investment book.
I think this is a good move and I reckon I might do a bit of the same. Should have been doing it a touch earlier of course...
Investing is a process that requires courage and patience, especially in the crypto world. It is really important to try to move forward with slow and steady steps without losing hope, even during bear market periods. I also aim to reach my financial goals by thinking about my investment animal and improving myself. I hope that in the future bull market, our efforts will pay off and we will be one step closer to our dreams.
ps: I think my investment animal is myself, I feel myself like a beast recently.
:)
What do you think has brought this on, or have you always been beast adjacent?
Hive made it to me. Last 1 month I feel like that lol
I think it's good to invest in bear market and we should consistent with our work in bearish market because it'll be helpful for us in future 😃
It definitely is helpful to stay active. The more you learn, the more you earn.
I think you were inspired by her nose for the nickname, Bunnybear :)
:D :D
Being a Taurus, maybe a bull!
In a china shop? ;)
Well, i do my best not to be that way.
i can be quite outspoken though when i get a bee in my bonnet, yet i also do my best to remember that although sometimes i think i know best, of course i don't (necessarily :-).
What's the poorest animal?
On second thought I might be the squirrel. I occasionally find crypto dust that I forgot about that has drastically increased in value.
Squirrels supposedly forget where they put 20% of their nuts.
I always bury my nuts when I get the chance.
The hamster... keep on spinning that wheel.
The only thing greater than human cruelty is human stupidity.
Yes.
I think if your goal is to accumulate wealth, you would just continue to do same during bear and bull cycle. Like say you take out regular hive, you would do same during both cycle. You build account then you do the same in both cycle. This way you balance it out. But often I feel it's necessary pump up some actions in both cycles.
For me at this point, I would like to take some profits to buy back in the following bear. A few more cycles of that and it would all be good - I am just very, very bad at selling.
Be a bear is better I think. Having calm and active life. Teasing is sometimes good and peoples with other temperament don't like teasing. Its my personal experience that Jokes that hurts our personality should not allowed. It makes us sensitive and badly effect our personality.
plus honey!
I was bullied as a child. It was very valuable for me and taught me a lot about life. I am a better person because of it. I think when people don't get enough resistance, it makes them cruel.
I don't know what animal I would be but I don't think I fit either one because it changes depending on what happens. I do prefer the bull market because that is where the heavy gains are but you have to take your profits.
The bulls are fun because of the illusion of winning - it is an illusion for me as I don't sell ... :D
I don't like the bear, he makes me work harder and spend less. The bull, on the contrary, relaxes me and introduces me into illusions. Most of all, I love the tiger - short-term bursts of price growth in some assets.
What kinds of illusions?
The illusion of the endless growth of cryptocurrencies. It's like hypnosis ))
And if you read the answer to your question - make it clear that you read it. This can be a minimum 1% upvote or a comment. I know that you are attentive to your readers. But ideally, when there is always attention.
I'm not sure what my investment animal is, as I keep investing no matter what the cycle. I do like to get things at a good price though, they do say you make your profit when you buy something, and if you buy during the bear market, that for sure makes sense.
I bought Meta stock when he had that big fall last year I think, although they are doing well now, I think msft seems the most solid buy.
Yeah, MSFT is riding on the AI high and I do think they have some more legs in it on the way. I don't buy stocks however, at least not at the moment.
It is a scary proposition for most, because they fear it will fall further, die completely or whatever. It is easier to buy when everyone is excitedly buying the top. Weird. :)
I'm reading an investment book by an Aussie right now Richard Farleigh, you might know him from Dragons Den fame. One of his tips is Don't Be A Hero and buy assets falling in price. It is an old book, I do wonder what he might think of crypto.
I don't know of him, though it is no surprise, since I don't watch TV much, and even less Australian TV :)
The trick is though, recognizing "near the bottom" and starting there, or at the start of the climb.
Never really thought about this before. I think I'd be a raven. I like shiny things and hoard them 🤣 But in all seriousness, I reckon I'm probably more bear inclined than bull. I very rarely will go all in on something unless I know exactly what it's about. I'm very bullish on Hive long term but I must say that the bear market does become rather frustrating because of the monotony. Trading sideways is boring AF.
I am a lazy sloth... I simply accumulate and HODL.
That's nice as as the bear is also my association for my behaviour, sometimes silent, some other times little bit rude.
And yes, working hard in the bear market will create great fortune in the bull market.
"Gains are made in bull markets, fortunes are created during bears"
Haha yeah I recalled we had this chat about Meta! Amazing how US stocks performed this year so far! I happened to buy at the low but I sold wayyyyyy too early. Hahahaha oh well. I think these days I am a bit of every animal, depending on market conditions.