Hodling for forever and a day

in LeoFinance •  3 months ago 

I normally don't thank @trumpman for anything, but yesterday I found out that it was possible to stake AVA (Travala) through the comment section of one of his posts - and I thought I'd give it a go. There is supposedly a 24% APY on it, so I thought I'd test the waters with a little (with the minimum stake) to see if I can recoup some of the massive losses I have made on it over the last couple months - I think I bought at the wrong time and when it hit the recent lows, I had nothing spare to put into it. This is the way of the world in my trading it seems.

Buy high - hold all the way down.

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I don't know much about the project, but they have a real-world usecase (though it is in travel, which isn't great at the moment) and token burns, plus now - the staking I just found out about. I like the idea of staking tokens, and I like the idea of something adding to the burn - like LEO does also.

The topic of @trumpman's shitpost asked a question, Got a hefty bag you hope one day to retire on? Which is it? Which is perhaps pretty obvious in my case, HIVE is my single biggest hold and the one that I hope will do well over time. My hopes for hive extend past the financial aspect though, as there are so many other factors that come into play, including the potential to support a change in the entire psyche of not only the economy, but the direction of the internet itself. That might sound too grand for Hive, but it is definitely a part of the conversation and could play a major role in how we interact with content in the future. Hive is underrated in my opinion - So, I hold.

Another hold I have is Enjin (ENJ), which is a token for gaming environments, which is interesting since I don't game. What I am hoping though is that my assumptions about the world are correct and entertainment will rule supreme for some time to come. I think that if they can get a couple of decent supporters in their corner from the traditional game makers, they could do very well.

The other one I have my eye on and a little position in is Holo (HOT), which is for building peer-to-peer applications. Again, I think that the direction of Web 3.0 is going to empower users of all kinds, creators and consumers a like, so this is where I am investing myself. It could be an All eggs in the one basket" scenario, but I don't see the point in being rich if the world is a fucked up place to live.

You know when you have a group of friends and one can't afford to join in on the fun and games? - I have been that one most of my life and I am pretty tired of it. Instead, I want to participate in building a world where we can all be somewhat empowered to live a better, more valuable life. A life where we might not be flying the world in private planes, but we don't have this ridiculous level of economic disparity that causes so many problems in our world. While it might seem like it is "just on the news" - it won't be long until everyone is affected personally at the local level, if things keep progressing along the same track.

@trumpman might want to retire, but I want to have the option to retire - or more precisely - I want to be able to work at the things that I believe are important to my beliefs. Hive is a big part of this at the moment, but since I still have financial needs and obligations IRL, I have to also work for an income. Even the work I do for the money, is still somewhat working toward building an enriched life for those I interact with.

I normally don't spend time talking about other investments I have, as I don't want to influence the decisions of others, like I was with the bag of worthless XEM I hodl after buying into @trumpman's shill back in 2017 (I will hold it still, as a reminder for when I finally catch up with him in person). But, it is good at times to have a little more transparency, as I think that a lot of the economic disparity in the world comes down to people being advised to not speak about finance and the systems in play, which takes away the opportunity for learning. Coming from a relatively poor family with zero financial hygiene, I feel that I am at a disadvantage and have to do a lot of catch up work to even get within reach of others in my peer group.

None of us chose our parents or the culture we were born into, but that doesn't mean we can't change the world our children live in. I don't give a crap about Lambos or retiring to tropical beaches - but I don't want my daughter to suffer life in a fucked up world because we didn't do better for her and her generation. Participation in crypto at this time might come with a little more responsibility than many seem willing to take.

Taraz
[ Gen1: Hive ]

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You know when you have a group of friends and one can't afford to join in on the fun and games? - I have been that one most of my life and I am pretty tired of it.

For a moment I thought that you were talking about me here lol.
I am still that same one :)

Is this the meeting place for "I don't want to play because I really can't afford it" ?

I resemble that remark.

Hahaha, we are cousins Sir Tom!

It is just lucky I don't have many friends these days! :D

Hahaha, the best way to go through life my friend.
The less friends that you have, the less you will lose in the bad times.

Sold some Ava today for a profit 🤣🤣🤣🤣 More in today's shitpost. Stay tuned 🤣

Ah I see - you shill for the pump then sell. :D

I normally don't spend time talking about other investments I have, as I don't want to influence the decisions of others, like I was with the bag of worthless XEM I hodl after buying into @trumpman's shill back in 2017 (I will hold it still, as a reminder for when I finally catch up with him in person). But, it is good at times to have a little more transparency, as I think that a lot of the economic disparity in the world comes down to people being advised to not speak about finance and the systems in play, which takes away the opportunity for learning. Coming from a relatively poor family with zero financial hygiene, I feel that I am at a disadvantage and have to do a lot of catch up work to even get within reach of others in my peer group.

Dear @tarazkp, It seems that it is difficult to repay the loan for buying your house.
Currently, the value of Korean real estate has skyrocketed because many Chinese and Southeast Asians have entered Korea.

Perhaps I misunderstood your writing, but because Finland has a small population and a small manufacturing industry, the rent and reimbursements for real estate seem too expensive.
Currently, many Europeans come to Korea to work. Koreans predict that Korea's economy will surpass Italy's because of the development of the Chinese economy.
Koreans are amazed at the fact that China's development makes Korea's economy grow bigger and bigger.

Although I do not know how to trade and invest in cryptocurrency, I am studying while reading your article.
Kind my friend @tarazkp, I wish you happiness!

It seems that it is difficult to repay the loan for buying your house

It takes many years,.

Finland does okay overall - considering there is only 5M people - there is a GDP of about 270B a year. So if you think that it is about 1/10th the size of S.Korea by population, it has an economy 1/7th the size.

I don't give a crap about Lambos or retiring to tropical beaches

I don't give a crap about the car or the beaches but the Company? Lamborghini is part of the ownership group for Ducati and I care :)

Urrrrgggghhh and Uggghhhh. I have some shit coins padding my various wallets. It seems I may have been persuaded by a guy that was part of the feedback loop. I also have some cryptokitties (13 as a matter of fact) that I'd sell just plain damn cheap. That was a valuable lesson in the speed of ETH and the gas fees that eat you alive. Nice kitties, I'm sure you'd like them.

If someone handed me one and said, "Taraz, here you go" - I could drive it for a little while. :D

Bloody cryptokitties - what a joke that was - glad I didn't buy and teased those who did instead ;P

The joke goes on. I get emails almost every day touting the 'new and improved' kitties.

Some days it's just not a laughing matter, I'm telling you.

You know? You could buy all 13 of my kitties for the cost of a lug nut on the lambo. You could have a conspicuous consumption profile for a fraction of the cost.

Would the lug come with a logo on it, or would it look generic? I would need the logo for bragging rights.

No, dammit. You need KITTIES!

But the lug nut probably does come with the logo. I'd imagine more than one person starts their lambo ownership with a lug nut.

This has been a very interesting publication, @tarazp, especially because it has gone through some investment possibilities, and believe it or not, that puts some readers on their guard that we need advice about our finances and we need to read about what's going on in the market. I also believe that HIVE could position itself very favorably. The idea is to continue doing the work, not only within the community, but also outside, inviting new and good investors and creatives. Greetings

At least for me, I don't know that much about investing directly, so I keep it to a minimum about what to invest in - I do think that in crypto, people should think about what they want the world to become though.

I watch all of this coming down and so I do nothing but watch and day trade on the stock market.

I am too chicken to do anything else at this point.

None of us chose our parents or the culture we were born into, but that doesn't mean we can't change the world our children live in. I don't give a crap about Lambos or retiring to tropical beaches - but I don't want my daughter to suffer life in a fucked up world because we didn't do better for her and her generation. Participation in crypto at this time might come with a little more responsibility than many seem willing to take.

Definitely. I worry endlessly about the world I will be leaving my children.

I think that tomorrow is going to be an interesting development in the SMs. Let's see if good or bad :D

Please don't sign up to eTorro :)

Been a shitty few months buying/selling wise, still, can't get much worse can it...?

What the hell is eTorro? a @trumpman shill?

Unfortunately, it can get much worse :D

You've come this far you can hold for one more year.

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Each year it is another opt-in to hodling :D

Just make sure you take some gains when Hive goes x100.

This time I will have to.

you say that now but I bet you don't when you see $1000 post payouts :D
Of course you'll sell the inflation/rewards generated so that will probably be enough anyway.

10 dollar Hive and I am sitting pretty happy on curation alone - plus the odd post along the way, for consistency's sake. :)

The day you start posting once a week is the day I sell 50% of everything :D

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worthless XEM

Owww back then I traded this token. I may have some around still, not sure. Need to check some of the exchanges I never really look at anymore; May have left them there. Interestingly, the shills I was following a lot in 2017 with the result I have more like XEM in my portfolio. Kinda like 90 to 99% losses on them. Now I got renewed interest in trading and maybe some longer term investments, I think I just read the shills, but wont act on them. I plan to learn more about TA and play the trading game that way; No shills required :)

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You could buy TRUMP2020 tokens that are valued at 0.35 cents. They will be worth a dollar should he win. If you think you can determine the election results ( not that you think Trump should win or not ), then you can decide. Are you $100 worth sure that Trump will win? You can buy nearly 300 Trump tokens, and maybe get about $180 more than what you put in.

Probably not a good way to handle your life savings though.

I listen to Let's Talk Bitcoin and I learned one thing:
Always say: This is not financial advice.

Nice post! AVA could be a good token to buy