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Breadcrumbs When You Can Own The Bakery by cryptoandcoffee

View this thread on: hive.blogpeakd.comecency.com
· @cryptoandcoffee ·
$43.35
Breadcrumbs When You Can Own The Bakery
<center><img src="https://images.hive.blog/DQmdRqr3qp77aYeCtiTPB6aRFFAFshgWFHb5jd7nPJHURfJ/Cutting-Board.webp"/></center>

[source](https://foodsguy.com/best-cutting-boards-for-bread/)




I am always amazed by those users in crypto who sell their crypto even when we all know how early we are. This in my view makes it even worse especially in times like we have now whilst in a Bear market. This selling during this time only amplifies the value being thrown away and why I think it makes no logical financial sense. The poor will remain poor unless they can see what they are doing and change their habits quickly.

I do understand if you have no other options and you need to pay rent or the bills that need paying as long as you know the values being thrown away. Around 20 years ago when things were tough I worked an extra job and when I had bought my first home I worked an extra shift or two behind a bar even though I didn't have to do so. This was more about getting ahead and basically making things easier for the future. Nobody knows what curved balls are going to come your way so playing ahead of the game was where my head was at back then.

Personally maybe it was my background of coming from nothing and appreciating what I had that forced me into thinking this way. This thought process has rolled over into how I invest in Crypto and why I struggle when I see many users not growing their stake.

Bear markets are meant to be used to grow your stake as things are a lot cheaper so building a larger portfolio is that much easier. When I joined the Crypto world it was in a Bear market so I thought no different and staked whatever I had and was earning. This was 1 month short of 5 years ago and still to this day have never taken 1 cent out of Crypto as deep down I know the value is yet to come. If I had been unemployed or down on my luck I would have made another plan with the last resort being Crypto , but definitely a last resort.

When I joined Hive I thought I was late and yet it still turned out ok being still regarded as early. The worry was always there that mass adoption was around the corner and Hive was the opportunity of a lifetime and still is 5 years later. I saw first hand the amount of users on the blockchain back in early 2018 and it was daunting to be noticed and thankfully most of them left as the price dropped. History will repeat itself as it always does and why having stake and standing out is so important just for that reason alone.

I have been curating for around 18 months now and lately one of the tasks has been to check engagement levels and various other bits we do and noticed that some users on Hive have been here for years yet hold very little stake. Everyone is free to do what they want as it is their stake but my worry is when we have 100K users or 1 million users or more what happens then?

The price of Hive should rise due to demand but what many forget is the reward pool remains constant and doesn't grow. Earning Hive will be 1000x harder to earn and the worry is those users who have been around for years believe that it will carry on supporting them like it always has in the past. I somehow see it differently as suddenly everyone is earning less Hive and is now supporting many more users and not voting how they have in the past as times change. If you are voting on 100 or 200 users today in 3 or 5 years from now that could easily become a few thousand.

Having stake in a project like Hive as Hive Power is so important especially for those that don't have much and rely on Hive to make ends meet each month or pay their living expenses in full. Personally I know how I would be thinking as I would be worried if that was myself in that position.

Hive can easily be a rags to riches story for anyone serious about changing their financial future by sacrificing now and reaping the benefits later on. I would hate to be having to sell Hive at 30 or 40c knowing it could be worth 10 or 20 x that in a few years time. The reality if you are struggling now getting by surviving on Hive then in 5 years time you are not going to benefit from the higher prices as you have none. That for me is the sad part as the opportunity is here and now and that means building the foundations for the future wealth you are going to create through staking.

This is why comparing someone to collecting the breadcrumbs when they could own the entire bakery is very pat as crypto is still going to explode. Those who have eaten the breadcrumbs will have nothing to celebrate as they have not stashed anything away.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptoandcoffee/breadcrumbs-when-you-can-own-the-bakery)
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@intishar ·
In the case of crypto, I always invest in two parts. One for the long term and one for the short term and I try to book profit from short time trade specisally In the time of sudden pump. It's like a win-win situation for me because if the price drop I can rebuy it and if it keeps going up I have a long-term investment. 
But in the case of Hive, I don't afford to lose it because who knows if I don't get the opportunity to buy back it again.  
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@itwithsm ·
Completely Agree with you on this one, We are So early when talk about crypto adoption, We have some countries that started to accept crypto as a mode of payment. but There is a long way to go. Those who invest in crypto Should wait for this adoption to get bigger and then they will be benefited. The mistake people do here , they invest the money they need for their daily activities and after waiting for sometime, they had to sell them to meet their daily need. In my Crypto carrier of 2,3 years, I haven't seen any project Like Hive. It gives us chance and opportunity to collect more quantity of tokens even in the bear market.
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@p1k4ppa10 ·
Perfect review!
I think it's always time to accumulate and put aside, perhaps even earning some interest.

Selling is out of the question and now it's really meaningless in my opinion; giving up so much future value for crumbs today is really madness!
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