I remember a few years ago when I was left with a decision. It was not easy for me because I knew if I got it wrong, it would have a devastating effect on my life. Either way, the decision is risky. If I did nothing after that time, thinking everything would play out as I wanted would be very risky and if I should decide to go on with it and my plan did not work it also risky, but I made the decision anyway, and I am better now than what I used to be.
Decisions are very critical in our lives, especially when it comes to financial decisions because they are always very tricky. You don't know the future and you just have to depend solely on the understanding of economics, and sometimes, understanding economics doesn't always work. A situation might happen that could change it to work in your favor, and a situation may happen that would change also work against you.
But that doesn't mean we should now leave it and do nothing, you must decide and plan for the future with it. No matter how tricky the decision may be we must be able to visualize what is best for us in the long run. Even though it's not always easy, it is important tand also work against you.
Hive Witness decision.
These take me back to what is happening on Hive about the HBD 20% apR, It's not as if Hive can't cope with the payout but we are in a bear market when everything is to be right by printing less money but we are doing the opposite. The truth is something might happen later, so to avoid it hive witnesses must make a decision.
There is a suggestion that the witness should depart from the 20% APR to benefit the long-term stability of the system. The continuous printing of money may have negative implications on the system, and the lengthening of the bear market is uncertain.
So clear
Something must be done and the witness must agree whether to keep going this way or to stop it immediately because stopping the 20% APR has a short-term effect. I'm leaving it like this without doing anything in a prolonged bear market might have a long-term effect. That is why Economics is tough. Everything depends on the decision and understanding.
What is your say on this?
