RE: The Economics Of Compounding: 6660 LEO Plus 1K SPS Staked
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Accumulating is easy, it only needs one to be intentional about it.
Lol. And creating the intention is the most difficult part for some.
First of all, let me congratulate you for the growth and the huge accumulation you have made so far.
I remember when I was on another crypto based platform, many of us were hodling and hodling with the hope that the price would increase. Even when the price had a sudden increase, we didn't sell to make the token wortheir. But we faced a failure. The owner of the platform sold it and the hodlers of the token got nothing but desperation. The point is that crypto is all aboit risk. We never know what the future holds for us. Some people are more courageous to take risks. Others may want to sell their crypto to get at least some benefit, and so they do not invest in accumulation due to the fear of loss.
I faced the same issues you mentioned with steemit and when the end was sold to Justin Sun. Crypto is risky, but we chose this life. We cannot say investing on a business isn't risky as well. Waking up, taking a bus, eating and sleeping are all risky, something our lives are sorrounded by risks, it's only ability to take smart risk that distinguishes us. At the end of the day, some has paid off, some other hasn't.
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Hmmmm.....
That's a good perspective to think about risk. If we have to progress in life, the risk is the thing we have to encounter....right! 😎