Oh sorry, I forgot to mention that this post was entirely dedicated to trading crypto, not engaging in communities like Hive.
I've been meaning to post more and interact more, but sometimes I really just don't have an idea, and I don't want to "spam" garbage content here for the sake of making extra bucks.
One of the things that I enjoy about Hive is that posts are (generally) made with dedication, they're not just "here's pictures of my food". Or even if they are, there's some kind of story attached. It makes it feel more personal.
Congrats on 6 figures! That's... well, crazy, really! I still feel bad that my votes are worth so little, so I literally can't afford to give people the awards they deserve :)
Didn't mean to brag :D
... I just wanted to show, how you do not have to make an investment to stake up on crypto.
As for BTC (crypto) investments: my personal prognosis (and this is no trading advice of course) is that BTC will pump some time between now and summer next year and then crash hard. Buying low should be possible soon. But that is just a guess and I have been totally wrong about these things before.
A cost-average approach seems reasonable and buying small packets over a longer period should guard you from sudden price dips and peaks.
Hey, brag away! It's an impressive achievement. The fact that you did it organically is even more impressive. I'm still dying for enough HIVE power to have my votes actually make a difference. For really exceptional posts I leave a tip, but even then I only have so much Hive to spare.
Just out of curiosity - say you DID want to cash out to fiat, would that be feasible? How does one go about doing so in large amounts?
Not recommending that you do, of course. Fiat's a big fat scam, but at the end of the day Euros pay rent and buy bread, HIVE doesn't.
Agreed re:BTC/investments. I've stopped trying to time the crypto market. I buy when prices seem reasonable (not at the moment of a sharp increase, for example) and keep my eyes peeled with some spare cash for any sudden dips like the one we experienced yesterday.
I realise that I'm essentially gambling my money, but it's either a definite loss (inflation and such) or a risk. I'll take the risk.
I have found some methods of cashing out... But I'd rather not disclose them publicly ;)
You seem clever enough to come up with your own solution, but if you need advice I'd rather do that privately via Discord app for example.