I enjoyed reading about precious metals from this site. Somehow they have a page dedicated to crypto. If you go all the way down way before 100 chosen tokens you could see #Hive around 80+. It shows Hive is maintaining its spot where it should be. March will make us three years where a community is pushing for decentralization. It is a work in progress and we are into building mode.
While #gold can barely hold itself in place after the job report for January, crypto is standing strong.
You happen to understand the relation that exist with the market, job creation, unemployment, inflation and surely recession. It will be hard to get everything in place. That 2% threshold can be something to desire. While the FED still cannot contemplate if rising interest rate are dampening the market it is as usual balancing the economy. I have to say focusing and understanding all key points can allow you to find your plan and advance and due your diligence to save and hold.
I heard Warren Buffet advising folks believe in the market instead of trying to trade all the time. As you get the knowledge and you have capital it is okay to do so. His approach put him where he is now. Buy long term with attitude for growth. Buy today and sell tomorrow for pennies will not get you to the altar. He made mistakes as well but he used them as learning process.
I did apply his way with Hive by holding and continue to hold. I do the same for Leo and it is the easiest way to grow in crypto. Find tokens that allow you to grow.
As you should know #Warren is not a fan of crypto. He talks about it all the time. Somehow he knows what it is.
Applying his approach for crypto can have a compounding effect when you hold crypto. I start to like this quote Yesterday price is not today price Even if inflation makes it difficult to get even quick. If you take for example Hive. There is no way you think Hive will stay below the dollar mark. It has to gravitate pass it and start establishing a name for itself around $5. It may sound presumptuous right now knowing the market is not ready to push crypto past $3 trillion again. It will happen in the next couple of years. With everything that is going on, time is the element that always stays true.
When it happens, Hive will not look the same. I have the same feeling for #leofinance. This is why I support #LPUD monthly and find other ways to hold and spread my support. Yesterday I posted about HBD. It uses to be a negligeable token. Wit the incentive when you hold it in saving, more are coming over and hold it patiently. I have to say the approach Hive community is taking is similar to the same approach where you come in and find what attract you in the blockchain.
Everything looks easy the minute you master all the INS and OUTS of the blockchain.
This is the simple way you could remain conservative and carry on with Hive/ Leofinance in mind.
