Hypnotized by Hope

image.png

If you stare at this circle for long enough, you will sink tens of thousands of dollars into an online game in the hope that it will return ten times that in the future.

Stare longer.

But, sometimes in that game, you might get lucky too, where you get completely outplayed, but still win. Normally, I watch all the rounds I play but halfway through this one I just went to the result, not even looking what it was, until I noticed that it registered me as the winner. I thought it was a mistake and refreshed the page twice, before having a look at the replay.

image.png
Game link

I might have won that round, but there have been a lot of losses this season again. It is kind of getting tiring to lose so often, especially in the modern format, but hey, that 10x ROI is just around the corner, right?

image.png

I am about 160 points away from getting into C2 (my goal), with two days left in the season, so hopefully I can make it in. However, I am also trying to keep my ECR above 50 (it is there now), but trying to move in Modern is gobbling it up, like it has ECR taunt. I am apparently not good enough to make it into both Champion leagues, but in order to be of some value to the guild, I still have to fight for both, since my Brawling skills aren't the best.

In Modern:

image.png

Not doing so well there, still 500 points from Champion and a thousand points away from C2, where I would really like to be. I got hammered having to start from Gold 1, rather than Diamond 1 - where I got pushed back to Gold 2 a couple times. Perhaps if I could make it into champions for both, then I could play less games and keep my ECR a little more healthy than it is. I might also just have to burn it all in the next two days to even get close too - I really don't want to have to start from Gold ever again.

I also just noticed this:

image.png

image.png

I have seen a couple people who have got some really valuable rewards in their chests, but I am not one of those. However, I don't scoff at these rewards at all, because I am one of those people who believes that all of these trickles will add up. That is about twenty dollars worth, but what will it be in a year from now?

Perhaps 200!

Perhaps 2.

Or zero.

But, this is the thing with it all, there are no certainties, but there are plenty of "ifs" involved, at least in my head. If all of these does start to return on the investment significantly, it becomes some of that "life changing" value that I am hoping for and, I am guessing I am not the only one. However, it is still going to be largely dictated by the general economy, which if you haven't heard, isn't in such great shape. This means that it might be a while before that significant shift happens, if it does.

And, if it does happen for Splinterlands, I suspect it will be moving with the general trends of the crypto markets, which are often corresponding to the general markets of the traditional economy. So, while Splinterlands is moving, a lot of other things will be moving too and a lot of people are going to be happy again, for a while, under the following crash inevitably arrives.

I go through stages of attitude in my mindset concerning money, but I am trying to take the approach that it "doesn't really matter" that much. And, I don't mean that having or not having doesn't matter, but rather that trying for it and failing doesn't matter. At the end of the day, I might end up living under a bridge, but is that the worst result in life?

No one want s to be a slave to debt or a slave to a corporation, but how many actually try to not be those things? Generally, that is the average way to play the game, it is the "safe bet" because everyone is doing it and it will result in what most people have, which is a life of constant low-level struggle, with often times of high stress due to not having enough, and very rare times of feeling like there is enough to enjoy. Sure, they aren't living under a bridge warming their hands at trash burning in a 44 gallon drum, but is it a better life?

Maybe.

So as said, I go through phases of what I want, what I should do and whether I am just another insane person shooting for the moon with a rubber band gun. But ultimately, I fall on the same position -

Invest. Hold. Hope.

I should stare into the circle more.

Taraz
[ Gen1: Hive ]



0
0
0.000
27 comments
avatar

A balanced approach is the way to go under uncertainty, if the goal is to play safe.

A bit here and there including debt repayment and traditional investments.

0
0
0.000
avatar

It is in the traditional investments where I struggle the most to put in.

0
0
0.000
avatar

I hear you. After experiencing crypto, traditional investments feel relatively boring, low yield, and low potential. 😆

I have stocks and some boring DCA in balanced ETF so I don't need to worry too much about it.

0
0
0.000
avatar

I have talked to my wife about after the kitchen, we start investing all we can, but let's see if it happens, especially with the coming economic challenges. It might be a good time to sink whatever cash is available though.

0
0
0.000
avatar

No one want s to be a slave to debt or a slave to a corporation...

Thankfully I am not a slave to debt, but I am to a corporation. I don't know how to change the second. What if I was unemployed, I might probably be a slave to HIVE, which means being slave to yourself, to me ;)

0
0
0.000
avatar

I might be a Hive slave already. :D

But, this is the interesting question, who of us aren't slaves to something?

0
0
0.000
avatar

It depens on the slavery. You are kinda a slave to Smallsteeps, I think you are pleasure with it; however it is not the same with being a slave to your boss :)

0
0
0.000
avatar

SPS has more use case than 99% of other crypto and it looks like the boys are steering the ship well so I have lots of hope. myself for the project.

0
0
0.000
avatar

It is going to be interesting what happens with Riftwatchers, since the more it goes down, the more it will cost in SPS, the higher the burn. Given current climate, will people be keen to buy?

0
0
0.000
avatar

oh wow those are some serious SPS earnings from battles!

0
0
0.000
avatar

It is all relative to holdings I guess! I will have to play for the next 2000 seasons to get an ROI perhaps :)

0
0
0.000
avatar

Though I don't play the games, I am well familiar with the invest hold hope strategy. I was encouraged to use it when investing in the stock market, by my dad. He would say let it 'cook' for about 20 years...like it is cooking on a stove. That seemed to work for that time and age.

Today, the market is so much different and it seems the only way to make money is to buy the dip and know when to sell. The invest and hold plan seems ineffective in todays rigged stock market.

0
0
0.000
avatar

I hope too, i got 200 Lands long time ago, waiting for them to start bringing the cash, and I invested in a validator node, hoping to get the second.

0
0
0.000
avatar

200 is a massive amount. Do you have enough cards to service them? I think many large land holders will need to take in squatters! :D

0
0
0.000
avatar

I have no idea how many cards I need. but i do have 20-30 totems, so probably i keep that many lands and i rent the others.

0
0
0.000
avatar

That's why I stick to the Silver league and not any higher... To avoid spending so much 😆

Waiting to score bargain HIVE as a priority.

0
0
0.000
avatar

I might also just have to burn it all in the next two days to even get close too - I really don't want to have to start from Gold ever again.

This is the way I feel about Bronze! 😂

0
0
0.000
avatar

You gave me an idea. Perhaps we should start investing into under-bridge rental property for demand for it might be increasing. Or skip that phase and guess what the next step after under the bridge will be.

0
0
0.000
avatar

I wonder if there is a "time share" business model in there somewhere? Perhaps under a bridge in Paris for the summer... :D

0
0
0.000
avatar

Congratulations @tarazkp! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Power Up Day - September 1st 2022
0
0
0.000
avatar

I used to just skip to results if I noted I was going to get annihilated and occasionally be like wait what how when it decided that I somehow magically won XD

Did you manage to get into C2?

0
0
0.000
avatar

I like to watch most, because it helps me learn whys, but sometimes now I skip when I see the line up and no exactly how I screwed up :D

Did you manage to get into C2?

Nope... got pushed back 300 points instead...

0
0
0.000