SAME MINDSET FOR HIVE, THANK YOURSELF LATER
These are the words of the third richest guy in Mexico.
His sentiments for crypto is not new to my ear.
If you are looking for positive vibes there are way too many to digest.
I think the effort has more to do with preparation one should take in order to forget about selling any crypto these days.
Every time fiat currencies come to play it has almost or zero chance to compete with any crypto.
2021 was the prime example in the making with meme coins growing and giving false hope.
No critic at the end cause if you hold long enough you may find the right time.
I am thinking about the time when I should say before Hive the community was swayed from side to side looking for ways to improve. Arriving Hive in 2020 change the way we see social media with a drop of WEB3.0. We can say we are building toward decentralization. Best way to get there, Hivers need to accumulate and hold a piece for diversification.
Going back to that debate for crypto, along the way it is a long march before crypto can displace fiat altogether. So far we need to play smart. They will swim together in the ocean of the financial market. I do not think Gold will ever displace fiat. Crypto will follow the same route. #CBDC is an example of how fiat will find ways to enter the market.
At the end this is the rapport of Banks and centralized exchanges to maintain a middle ground along the way.
It comes to reason why we have #HBD. So far you probably read a lot about this token of ours. I saw today a proposal for HBD in the second layer. I did vote for it but I need to dig more and see the progress accordingly.
HBD is situated where it helps us to hold Hive and use it for everything else. It is the closest value to the dollar. Give or take the dollar is what many understand to measure value in crypto.
Let it be cause inflation is giving us another measurement and it is working just fine.
Every time a big rig says buy crypto you wonder to imagine what else is coming. Michael Saylor has been buying for a while. The Gemini brothers did buy a while back and now they hold privately a bunch. I do not think the question is about should I buy.
It is more what can I do to hold and forget about it.
Lately we can all witness the power with #Leo within their community.
Despite all these #CUb is holding on.
As long you do your part, it is concrete the abundance will come your way in due time.
Keep vesting and holding the way you want.
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Meaning buy as much hive as possible I guess 🤔
Thanks for this update
Definitely, to be very successful with crypto investment, one has to play it long-term. When you have the longterm mindset, you'll be able to ignore the noise and distractions from governments and regulators. The mindset makes you firm and confident.
Whereas a person who is into the business for instant gratification will be worried at the sight of any news and statement by the government. So, it's always a wise and smart decision to keep buy dips and then hodl for a long time before considering to sell.
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Exactly man!... Also putting your money where your trust is makes one to have a long term mindset and not just buying because of FOMO because if not, when everything start dipping, you start selling out again.
Valid.
Some of the metrics to be considered when choosing to buy an asset should be the project's use cases/ solutions and also the development team's reputation. If these two are intact then you can have some level of confidence. That way, there'll be no panic-selling on your part.
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Yeah, with HBD, is easy for everyone to relate to the measure of crypto.
The truth out there is many guys wants to become whales of a particular crypto but holding is the problem.
If one chooses to believe in a project no matter what I decided to keep building little by little. Definitely he would arrive at that point.
What proposal did you see in the 2nd layer? Was it about funding the BUSD/HBD diesel pool?
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That was it. Maybe I worded it wrong.
I do not know if it went into effect since inception.
It is another way to hold HBD in Tribaldex.
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Yea it's a pool where people can swap HBD into BUSD and then send them back to BSC if they wish. The idea behind that proposal is to fund enough liquidity into the pool so people can get in and out without affecting the price too much.
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This is the real deal. To do what will make you forget you even have any coin for a longer period, you will be able to hold longer
Indeed, buying crypto and forgetting it is a great strategy to prevent you from selling to soon, and missing out on big gains.
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Buying and putting in defi is even better.
This is true, I think DeFi is the new Hodl allowing you to increase your holdings with additional capitol.
I think I will write a post on this.
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DEFI is the golden goose when you know your way around.
#Cubdefi is my place to play around.
Actually I have been using it and happy is the word I should use.
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if there are people with a lot of economic power who are buying cryptography to see its evolution in the coming days, months or years. We must focus and focus on few and invest our money there in order to obtain the abundance and success that we all seek in the future.
I would like to know about the crypto project in the second layer.
The arrival of covid brought so many apportunties for crypto to grow. People invested in it amd whales made the most of it. I heard of some stories where after the dip in may 2021, some people committed suicide because they had invested everything in crypto during the previous months. My point is... hodling is healthy for crypto but it is not possible for everyone. Converting their crypto to fiat is a source of bringing food to the table of many users.