json_metadata | "{"app":"musing/1.1","appTags":["steem","pal","steemengine"],"appCategory":"steem","appTitle":"Did you stake your pal tokens or sell them?","appBody":"<p>I sold my PAL tokens as i have my priority and my priority is to get out of debt first. I have a future plan to buy PAL if the price remain at this level after one month. Because of that I missed out the LEO airdrop. I see LEO also as a potential token in Stem ecosystem. But whatever be the case I am strong proponent of both PAL & LEO and encourage people to hold onto their airdrops for long term gain.. I also see the evolution of PAL as a value addition to this ecosystem.</p>\n<p>LEO is airdropped to those who have PAL power. So those who got PAL and did not stake lost another opportunity of a lucrative airdrop. So the point is that the beneficiaries of the PAL airdrop want to walk away with 0.17 USD per PAL immediately, but by doing so they are losing all the possibilities & opportunities. <strong>Simply put, immediate cash makes an \"airdrop beneficiary\" impatient.</strong></p>\n<p>People are looking for shortcut either due to lack of awareness or may be due to the general human tendency. If people will bide some time and wait patiently then they can sell their airdrop token at a better value, they can stake their coin and earn passive benefits out of it, or <strong>even they can make their staking power purposeful in this ecosystem</strong>. After all, <strong>this ecosystem is not primarily oriented on money, money is definitely an element but that comes along with the primary purpose of socializing in numerous ways.</strong></p>\n<p>To activate a mindset of being patient, we need to enhance the level of awareness on security & long-term goal. This community is a social one, yet we are so impatient that we don't want to read about a project which is offering an airdrop. That is why most of the people are blindly dumping their airdrop tokens. If you read about a project, then at least you will have your own perception about that project and you won't be blank in your mindset and you may have your individual perception about that project. That will lead to an informed choice. <strong>Once you have your informed choice you will have more clarity on your decision and I am sure you are not going to dump it blindly.</strong> Then you get to think about the long term advantages, disadvantages, etc and you can have a plan on it, <strong>you will have a rational approach to it.</strong></p>\n<h5><strong>When the beneficiaries of the airdrop will be more focused on being prudent & less impulsive, then the tolerance level can be increased & they can learn to do away from dumping an airdrop immediately.</strong></h5>\n<p>Those who dump their airdrops(like PAL or may be LEO now) immediately are at a chronic disadvantage considering the potential of both PAL and LEO, considering the potential passive benefits & advantages in the long term. These airdrops were ideally a kick-starter for the beneficiaries, but some of them prefer to part with cash.</p>\n<p>Therefore it is more important to educate the beneficiaries of the airdrops about the subconscious tendency to cling with immediate cash. Once the beneficiaries understand that the small looking airdrop can become big when things like 2017 bull run happen(maybe in 2021/22 or maybe sooner), they will change their behaviour. <strong>The beneficiary must understand that it is always harder to part with immediate cash, to have an investment plan for the future.</strong> </p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pkkfhpxzf","appParentAuthor":"cryptoandcoffee","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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