The Best Time to Earn HIVE Isn't When It's Expensive
I have cashed out Hive due to a medical emergency, even though I believe that only a fool can cash out at such a low price; your target should be for the long term. Now you may say, "You are motivating us, lucky ali but you break your own rules." And you are right here, and I have not done it willingly. A medical emergency is something that can even force you to sell your blood at a low price, and that's what happened to me. I have also sold my car due to this medical emergency and also some hive at a low price.
Not only this, I had to sell my Splinterlands assets, but now I regret it. I can convert this into an opportunity, but for that, I need money, and I am planning something to earn money. Once I succeed in my plan, I will buy more Hive and Splinterlands assets soon. But let's see if things work as planned or not.
🚀 When HIVE is cheap, don't just earn...start accumulating!
You may have seen that some bloggers are not active on Hive because the price of HIVE is very low compared to before. According to them, this is not the right time for content writing and engaging on Hive, and that is what they believe. But if you have a building mindset, then you think differently. If you are here to build more hive and increase the power, then this is the right opportunity for you.
They are chasing $$$, but you have to focus on hive accumulation. Not just content writing, but if you have a job, save at least 1% and invest in hive. However, this is not financial advice. Suppose you sell 100 Hive, which means you just get 4+ USD. I don't know why you are even cashing out? Yes, if there is any emergency, that's a different matter.
Currently, when you are earning 30 to 50 hive per post, that may be a small amount for you, but if the price even reaches $0.20, then it can be a nice amount for you. The same goes for the sps and we know Splinterlands is a good project and it has good surviving skill anbd skilled players in the blockchain gaming community. And that's where the asset price depends; it's development. Which means splinterlands game have a good potential.
Which means my goals will be 85% on Hive and 15% on Splinterlands. Now let's see how things will work out.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Hive family ♥ |
Health comes first, we only have one life.
These are more than obvious reasons to take what belongs to you.
I have a suggestion, leave your post highlighted 📍(pinned) for a while. Because more and more they are ostracizing users with high KE without first verifying the reasons for the extraction.
If you are interested in knowing my opinion on KE: https://peakd.com/hive-189306/@cryptoreforma/proof-of-curation-part-2
Best regards.
Ohh bro .... thanks for the suggestion
As per your suggestion, I have pinned this post. ♥
💪
My foscus now is totally on accumulating #hive as much as possible and am powering it all Up. SPS isn't much in foscus for me but still all the staking rewards are being redirected back to the staking pool giving APR above 8% which is not that bad as well.. Cheers
I can see your dedication, and I can say openly that one day you will become the highest hive holder from india. It is because of your consistency. Keep growing...
thank you bhai for the kind words. Not sure if I will be able to accomplish the HP milestone or not but anyways totally laser foscused at the moment to build my Hive Power... cheers
Health should be our first priority and you did right...
Yes, this is the right time for accumulation and investing in hive...
glad you liked it bhai
I think people need to focus on what you actually wrote here. You didn't sell because you gave up on Hive or because you were chasing a quick profit. You sold because of a real-life emergency, and that's a completely different situation.
Since you mentioned you plan to buy back in, I'm curious: at what price did you sell? If you are able to buy back at a lower price than where you sold, then technically you could rebuild your position with more HIVE than before by putting the same amount back in. That could actually become an opportunity to grow your influence again.
If some people will immediately jump toward the KE ratio discussion, but I don't think that was really the point of your post. So if they do, they didn't really read it. The article was about an emergency forcing you to make a decision, and your long-term belief in accumulating and rebuilding. Selling under necessity is not the same thing as extracting value and abandoning the ecosystem.
Sometimes life forces people to make moves they wouldn't normally make. The important part is what happens afterward. If you return and continue building, you may come back stronger than before.
Good luck with your plan. Hopefully things work out and you are able to rebuild even more than you had before.
I hope you are doing well with your health now. Life, oh man, sometimes it feels so biased. But as they say, health is wealth. So, you made the right decision with everything. Wish you luck ahead! Stay healthy; stay blessed. And keep on living the best of this chaotically beautiful life.
@luckyali, you're rewarding 4 replies from this discussion thread.