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RE: Investing into scarcity and the weight of Blockchain

in #steem5 years ago (edited)

Emotional attachment is why I'm not set right now. I fell for that hold long thing through several bull runs where I had layup chances to take even 20% of profit out to reinvest later or have some play money. Hindsight is 20/20, but I should've followed the basics instead of loving my coins because I was proud I got them before they blew up, and didn't want to bail on keeping them safe on my Nano for the future. Doing some profit taking would've made a drastic impact with the price correction.

There's a balance between strongly believing in something and leveraging opportunities with it at the same time to further redeem its valuable and feel like you're not selling out on your long term faith. Steem is unique because we can manually mine it. Other coins are too expensive to mine for the trouble and up front costs.

I just came across your daughter's account today. Glad to see that it gets strong support.

Do whatever works best for you, but you have crypto that you can leverage for more crypto daily, while still growing it the same time to the tune you may siphon off. Fiat can keep things more comfortable (or double the diversification power). Remember to never invest more than you can afford to lose.

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At somewhere near the top of the next run I plan on taking a percentage out to clear a little debt and then hold some for a buy back.

Yeah, my daughter's account gets a little support sporadically but I also use @ocdb on it, the @OCD support bot. I hope one day all the bits of work her dad has done benefit her.

When you speak of the holding you sound regretful but, this is still just the start which means, it will just take a bit longer for you to get clear.

You could also film your adorable daughter telling whichever frick and frack are dueling at the time to halt flag wars in a way no human being could ever say no to.

5,000 Steem appearance fee flat rate.

Lol, not a bad idea.

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