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Lost My Home! by tarazkp

View this thread on: hive.blogpeakd.comecency.com
· @tarazkp ·
$40.22
Lost My Home!
<div class="text-justify">

>Jesus!

Jesus: *Leave me alone.*


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23wMPkVspcCVdLU6xWfYRFxkyqn9Xi52bkKv9NwVGtWBgnSTcq8jEDAtoDeKJmA4FBcqA.png)


# And here we are again....

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23tw66Yrm6mkwup2y2Gh6V7nMSXTJ4VXwKArrp12CeXmrvRtVxoFgKuefKEyZQ7QJh78Q.png)

If people are really this mentally incapable, how'd they get a house in the first place?

Time to buy the dip!!


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23wCd1QacUw1PriehoJHuG1MzVSB4HUpDE3JqKzbzs56o1bYUdmt1V6Nbzi345LMq3CdX.png)

I bought the dip.

16000 LUNA for 100 dollars. 

I lost 18 dollars in 2 mins. 

It's okay...

It's not dead.

It's just resting its eyes. 

>Make that 27 dollars in loss now. 

*When it wakes up...*

People are insane, aren't they? 

Money that they don't have - money for food, mortgage, rent...

It is sad.

But, what is the saddest of all is that these same people who have poured billions into crypto as a whole, put it into projects that don't actually do anything - don't have any real usecase and no community behind them, other than the tossers on Twitter and Telegram trying to pump their holdings. 

But remember, 

>the price of a token *isn't real.* 

Yeah, the market cap can be 100B, but once that sell starts, only one can sell the top. Whatever your stack is worth, it is *highly unlikely* that you can sell it for that, unless you don't have very much to sell. A whale dumps and it takes out the top 50% of the buys and the market plunges - then people follow suit in a panic... down, down, down....

>32 dollars down. 

# But just imagine....

What if instead of buying into these random tokens, they instead put their funds into projects that are actually doing something, that have a product, that have real potential? It might not be as glamorous, it isn't likely to create millionaires quickly, but it would start to build an actual industry that doesn't rely on only buying a token and hoping it goes up to sell. 

A few billion into HIVE and suddenly there is a social media that is paying out millions to creators every day, attracting all kinds of developers to improve and create usecases and pulling in users to fill them. Endless tokenization model potential, no fees on chain, tiny fees off chain and a high degree of decentralization, with tested governance models, fast transfers, secure wallets, highly utilized games, multiple interfaces, communities, DeFi aspects and further potential - all in one place, but a place that can be built to be anywhere and look like anything.

>Down 58 dollars. 

But... people don't want to build, they want to sell.

Most people in crypto, *aren't interested in crypto.* All they really want is to buy crypto so that they can sell it for a better "fiat life" - A life that they haven't been able to manage in the world of fiat. Investing into sustainable growth is just too much trouble, it takes too much time, too much effort, *too much patience.*

And, because most people aren't business builders, they are going to continually be employees, dumping what they can into get rich quick schemes, like old people buying lottery tickets.

# This could be the one!!

The average person looks at the world's richest and believe they should use all that wealth to help humanity, not be greedy - but given the opportunity to help humanity and benefit, the same average person buys a shit coin in the hope it will pump and make them rich. 

# The gall of some people

But, people don't get it, do they? They complain about the development on Hive, while they dump their money into tokens that have *no development.* I mean, Jesus....

 
>Jesus: *I said, leave me alone.*

This world is a mess.

# We are messy.

At some point, I hope people wake the fuck up and realize that if we want to have a better world, we are going to have to build it. Building a better world doesn't take money - *it takes value.* Value comes through resource materials, tradeable skills, ideas and sweat. A stock isn't valuable because people buy it, it is valuable because it *should* represent the value of the company it is tracking, the products, the demand, the willingness for people to put in the values they have to work and ear, a value of another kind that they can trade for the work of others. 

That is economics. That is how people share. That is how a tribe works. That how two tribes share resources. That is how the entire society functions - it is a series of value trades between people who *own* the value and are willing to part with it, whether it be something they made or a skill they possess and their time and ability to apply it to create something of value. 

Pretty simple. It isn't rocket science - 

>but those rockets are made out of value.

You buy the hype and you are going to get FUDded, but don't apply the FUD to the entire future of the industry - it is bullshit. Crypto isn't dead, but many, many of these tokens and "projects" are going to die - because they aren't projects in the business sense of the word, they have no product endgoal, they have no workers building, they have no demand for any goods or services they offer - there is no clientele - it is just the exchange of tokens, even though there is *no real value* in possessing them - not even a perceived value in most cases.

But who cares about the value of crypto....

*Everyone just wants more fiat.*

And that comes at a cost.

>67 dollars down so far. 

# I am going to lose my home!

>78 down

Nuts.

Taraz
[ Gen1: Hive ]


</div>




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/lost-my-home)
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@bitcoinflood ·
$0.21
That's a HUGE disconnect the market has had on stocks and crypto for the last 2-3 years and was bound to collapse to the support levels it had before that. Guess what.. It did and perhaps oversold a bit. In general I feel we are floor level now and my hopes are people learn there lesson and research instead of investing.

The issue...
I know they wont. I've been in this game for far too long to know that another hyped up project that has no real value or working their butt off and providing value is going to get pumped again to levels that are just dumb. If people would just invest smartly into projects they see being worked on and providing real value we would be lightyears ahead of where we currently are. Best thing we can do is support, program and help those programs and realize that other stuff if a flash in a pan.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitcoinflood/re-tarazkp-835zw)
👍  
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@tarazkp ·
Yep - the correction was imminent and, this is just a part connection really. With the state of the current economy, there are going to be a lot more ups and downs, then there is the targeted manipulation that is increasing in the space. 

I understand why people invest into the hype - *greed.* We want better conditions, yet act exactly like the people who created the poor ones we have now. 
👍  
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@cmplxty ·
$0.22
There was some talk of people contemplating suicide for this stuff. It's wild to me! I get that things are tough but so bad that you are thinking of killing yourself over some token value dropping? What the hell people are so fragile it's terrible! I'm not trying to discount peoples situations but there are very minimal situations that I think would be deserved of suicide, especially not when the markets go down! 

It's going to be an interesting thing to see how the industry matures and changes shape over time. Yeah the ICO days and these DeFi days were wild and *some* people made a lot of money but largely it was just people getting fleeced and screwed over. I'm glad that I got out of the shitcoin game, I see so many people shitcoining all day every day! This one guy was bragging that he's not going to break a sweat until he gets a million dollar portfolio value! Today he said his portfolio plummeted 200k over the past few weeks. Well if you didn't invest solely in shitcoins you'd be better insulated! Lol
👍  ,
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@tarazkp ·
I suspect a lot of the "suicide" talk is attention seeking on social media. 

But, greed does funny things to people - putting money they don't have into investments that are high risk is silly. Putting it all into these kinds of things - even sillier. They put so much in, "token is life" attitude takes over.

My Hive account is down 600K :D

*but...*

That is all theoretical money. Unrealised.
What people need to remember though is, a loss is only based on the spend or work put in, not the number at the high. 
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@connecteconomy ·
*"Jesus!
Jesus: Leave me alone."* 

Ha ha ha! 

Yes, I can't believe people... Seriously. Who puts all their live savings in one asset??? 

I have to say it was interesting to watch a coin die in real-time, though. 
I had a limit order for 1cent, just for fun. Bought 1000 Luna coins. Now I'm down 99% hahaha!!
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@drakernoise ·
$0.26
I wished I had the funds to buy these dips but I don't... well I don't care at all, I will always follow the rule to not spend what I cannot afford.

As you I've seen a lot of the crypto world to see that this is not the disaster but the great opportunity most of us lost time ago.

All this will eventually at some point go upwards, maybe not now nor tomorrow but for sure it will, wished I could get more tickets for the journey 😂

Best wishes, as always, from Spain 🤗
👍  ,
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vote details (2)
@tarazkp ·
$0.14
For the future, it is always good to put even a tiny amount of something away for these kinds of events - that way, when they happen, you can get in and take advantage - the small amounts add up.

The problem for some people is, they don't know what they need and what they don't, often spending what they need when they shouldn't, not spending when they should :D 

Onwards and upwards!
👍  , ,
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@drakernoise · (edited)
I wished I could put appart some but it's not the case so I have to deal with It. 
I'm confident that I will be able to take profit of one of those opportunities that will come in the future, we will see 😉
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@drax.leo ·
A very good point. LUNA/UST fiasco could never have happened without large number of greedy and short-sighted people willing to pour in billions of dollars that should have been spent on something more useful or sensible. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@drax.leo/re-tarazkp-24vynn)
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@enjoywithtroy ·
$0.22
A wise man once said never invest more money than you can afford to lose.   I have never spent a dime of money on crypto.  Instead I have invested my time earning crypto.  This is actually more costly, we are given only so much time (finite) and we can never get it back... nor do we know how much time we have in our life account.  
👍  ,
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vote details (2)
@tarazkp ·
Time is an expensive resource - *most waste.* I'd rather spend my time doing something I value for something I value, than sitting and doing nothing of value. :
👍  
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@gangstalking ·
<div><p><center><b>Whoever is directly controlling the V2K told me to kill myself.<br/>They told me if I killed myself now it would save the lives of countless others.<br/> Saying the longer I wait to kill myself the more people will suffer.</b></center></p></div><br/>They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.<br/><br/> https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem<br/><br/> Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
👍  ,
👎  ,
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vote details (4)
@goldgrifin007 ·
$0.21
Dear @tarazkp , I remember seeing people sitting in the stock market all day watching stocks rise and fall in value. From my point of view, they seemed to forget sleeping and eating.
Do you, like those people, only see the rise and fall of the value of cryptocurrency?😯
👍  
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@tarazkp ·
If I was smart, I would quit my jobs and trade 100% instead - but I have two jobs, one of them a business I run as well as a family I spend time with.
👍  
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@goldgrifin007 ·
That is good! By the way, you probably don't have much personal time to spend on your own!

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@ifarmgirl · (edited)
$0.21
It's sad when we don't learn from our past mistakes and repeat the same things in the hope that the result will be different. Such insanity. Perhaps those who do the same like to gamble and then when things go rough, they cry out "foul!"

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-tarazkp-56ezfn)
👍  , ,
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vote details (3)
@tarazkp ·
yeah, it is all a gamble in some way - but so is crossing the street at a zebra in the hope cars will stop.
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@ifarmgirl ·
Haha, yeah. That's suicide. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-tarazkp-6kfx4j)
👍  
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vote details (1)
@jfang003 ·
$0.21
Buying the dip sometimes could mean a falling knife and it was if you bought any LUNA. It's kind of crazy how people forget that and it's why I generally try to ease into my positions over time. I don't like buying everything on the same day and people just do whatever they feel like. Then they complain and I just ignore it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-tarazkp-2xz6yn)
👍  ,
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@tarazkp ·
Yep. I bought Luna last night for the first time for this post. Took the loss after posting and then this morning, bought it again and took the gain to break even before they delisted it. It was a small amount either way for me though :)

I also had some BUSD there, so I extended my holdings near the bottom of some things, and then sold them back just before to return the BUSD and have some extra tokens. Not large gains, but something. 

Normally I don't trade much at all.
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@kaelci ·
$0.21
I saw that headline too and just shook my head. Seriously. I'm not into stocks, I don't play the market, I'm just here on Hive doing my own thing and would love to buy more right now if I could but I cannot. *I am not in the financial position to do so.* And that there is key! These people who can't pay their mortgages, who reckon they're going to lose their homes because of the falling price... that's on them. They weren't in the financial position to do so to begin with, if they were, there wouldn't be a problem right now.
👍  ,
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vote details (2)
@tarazkp ·
$0.08
Exactly. How many are in who can't afford it? 
👍  
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@kaliphae ·
> but given the opportunity to help humanity and benefit, the same average person buys a shit coin in the hope it will pump and make them rich.

THAT PART 👏

We are all here to learn discernment, and right now feels like all in the Masterclass, Graduation for Earth on its way 🤡
Bless!
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@krazzytrukker · (edited)
Follow my LOGIC here... (is it really logical?)

Doge: Elon Musk of course. Buy a Tesla with it they said. Now Elon says it may be used in the future to pay the $2.99 Twatter sub fee. Maybe it has a future maybe not. I got 40k of em.

S-CRO & $FJB: They both have a Dapp that I can see a possible future growth with. 500k SCRO / 100k $FJB

CATS: uhhhmmm... Sammi Jo @krazzy-kitty told me I had to... LoL. 
30 Billion CATS

![untitled.gif](https://media.tenor.com/images/cff5d2d4acacd9eb547f2634218bc8ba/tenor.gif)

I agree 100% on Hive.
Do You think the Millionaire/Billionaires will ever see the potential of HIVE.??
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@ksteem ·
$0.21
Well said! I'm not a big investor, I don't like stocks and don't like the more general crypto market because it is just like stocks. However, HIVE is different, here as you state, we are actually building something. The censor free social media that everyone wants, but hasn't yet convinced their friends to join and support. One of the few crypto's (only one I know of) where you can actually continue to make value (to make fiat later) even when the market goes down. Posting, voting, curating all help make hive back to hedge the loss and increase the value even more when price goes back up. 

I jumped in for more twice now, and wish I had more "extra" money I could invest right now, I would certainly do it. 
👍  
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@tarazkp ·
I really don't get why more people aren't willing to be here, invest here, have some fun here - how come they spend their time on all of those centralized and proven harmful social platforms, yet don't want to be part of something they can own a piece of?

I bought some more today - not much - but some :)
👍  ,
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vote details (2)
@ksteem ·
$0.21
What I've seen from my view as the biggest hurdle is the difficulty of signing up and then also actually buying HIVE. If... rather WHEN we get it onto the main wallet sites where it can be bought directly and simply, that will be huge.
👍  
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@mypathtofire ·
haha very true. they say that money doesn't die. it doesn't go to money heaven, it just transfers to somewhere else. it finds a new home. So I'm wondering what new home all those Terra millions have gone to?
👍  
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vote details (1)
@niallon11 ·
$0.21
Bought 15k luna for 20 bucks.
Staked it at 3% and see what happens in a few years.
Just for the fun of it really.

I already know it will be dead money but the risk reward gap is huge if they can pull something together. 
👍  
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@tarazkp ·
You will be a millionaire for certain and have to become a diplomat for a tax haven country :)
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@owasco ·
$0.21
lol - A fun journey you just took me on.

>I am going to lose my home!

You're not going to lose your home. 

I'm just gearing up to go in rather big, so I am very happy about all this.
👍  ,
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vote details (2)
@tarazkp ·
My home is fine for now :)

>I'm just gearing up to go in rather big, so I am very happy about all this.

Good luck out there!
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@planetauto ·
It's sad to see people in such a panic for making these stupid decisions...
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@ryivhnn ·
$0.21
> but given the opportunity to help humanity and benefit, the same average person buys a shit coin in the hope it will pump and make them rich

But it doesn't count/is different when people have to live up to the standards they hold others to right XD

👍  
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@tarazkp ·
No one lives up to my standards!
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@shortsegments ·
Point well made.
I struggle with this myself from time to time.
I struggle to convince others also that investing in a generally appreciating asset (Hive) which also produces income (Hive) is better investment then trying to find the next coin that will make you rich. You will kiss a lot of frogs trying to find a Prince.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-tarazkp-34jxfj)
👎  
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@sodomlv ·
Crypto is still a high risk investment, that's why it has high return.
I always keep in mind "investing what you can effort to lose"

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sodomlv/re-tarazkp-bmlef)
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@tokenizedsociety ·
$0.21
I decided to steer away from LUNA but you're right, we shouldn't let this incident makes us lose faith in crypto

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tokenizedsociety/re-tarazkp-3pdfvu)
👍  
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@tarazkp ·
This was my first buy of LUNA - never touched it before - will never touch it again.
👍  
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vote details (1)
@videoaddiction ·
$0.21
>Most people in crypto, aren't interested in crypto. All they really want is to buy crypto so that they can sell it for a better "fiat life" 

That's for sure, as I have mentioned it in your previous posts. Many people around me in a loss, much or less. Some did leveraged transaction, some opened long position.. They don't even know what project the token they buy is based on. They wanted to be rich in a short time. I think they have never thought that cryptos one day could be a payment instrumen all over the world.
👍  
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vote details (1)
@tarazkp ·
Most look short and even those who think they look long, are looking short. The "true" investor has a timeframe of decades.
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@wrestlingdesires ·
>What if instead of buying into these random tokens, they instead put their funds into projects that are actually doing something, that have a product, that have real potential?


That would involve investing in something that isn't just launching. Most people just want the excitement of the next big thing... Oh, and it would involve research too.
👍  
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