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RE: When to HODL and when to Spend?

in LeoFinance2 years ago
I am usually intrigued.....

Did I miss out on something? Your start implies that this time I got it wrong.

I personally look at HIVE like a stock more than a currency due to its inherent volatility. #1 rule of stock market is not to invest what you can't afford to lose.

I personally look at HBD like a US$ Savings account with a 20% interest rate. I like savings and I like 20% interest.

I also think having a livelihood off HIVE is very important because while I believe that crypto has a bright future who knows WHICH crypto will be the one to take off. I mean I'm Canadian...the country that founded the Blackberry. Look what happened to it after the iPhone came along.

I'm lucky. All the HBD and HIVE that I have is like play money to me. I made it from playing Splinterlands and Cubieverse. If I lose it all then its no big deal to me. For other people it is a far more important financial decision.

Missing out on a bull run? Ohh...that stings. I know because I sold $2000 worth of bitcoin when it was at $5000. Kicking myself on that one now. I also sold Monero/XMR at 0.25/coin and it is at $141 now. Then again, I bought $5000 in Tesla stock at $18/share near the IPO and doubled my money and cashed out at $50/share. I cried when it hit $2000.

At the end of the day you have to do your own research. Come up a plan that makes sense to you. Then live with the consequences. Regardless the outcome.

Sorry if this post didn't make the grade for you. I'll try harder next time 😎

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 I am usually intrigued.....  

Did I miss out on something? Your start implies that this time I got it wrong.

I guess she meant to mean highly impressed and or fascinated

I hope you are right... when I see usually to me it implies most times but not this time making me wonder what I got wrong.

But I will just keep doing my thing and work for turning that usually into always
.. even though I know that isn't possible 😀

The way we use English here can be kinda problematic for those in the West to understand. U know we aren't native English users, so we miss some marks sometimes. Trust me!

My wife is Filipina, I know a thing or two about slip ups in English 😎