Yesterday I talk about price and how most people invest in a project for its price but we have seen that prices don't always tell the full story of a project and even a product. When the price of a particular thing increases people see an to make money from it but the truth is people who grab hold of opportunity very well are those that that position themselves for it.
Positioning is very important when we are considering investing in a project but most people don't like it because it looks scary, most projects that require positioning are not doing well with price so it is very scary to invest in what you are not sure and focus on the future but this process always worth it. Most people know about positioning but the price doesn't encourage us to do it.
A perfect example is hive/Leo because I remember when hive/Leo was in 1$ everybody was here posting daily and earning. After all, the price of hive/Leo was their source of inspiration and immediately after the price started going down we see a decline in people’s activities on the blockchain. Most of these people know they would have made more if they position themselves when the price was low but they did not.
Great Responsibility
In this bear market, we have seen people that have made a lot of hive and by the time the price of hive / Leo hit 1$ they will be swimming in thousands of dollars but this comes with the pain of working for less because these set of people focus on the bigger and not what the price is telling them now.
Price is powerful but to be a successful investor you must have the ability to look at the value and not the price and build to position yourself for the future, we must not let price be our only source of inspiration but be one of the tools we use as our entry and also as our exit plan.