Wouldn't it be great to have an explosive end to the year on the crypto markets - the kind of thing that legends are made of? Do you think it is going to happen?
I an still crossing my fingers and toes (not my legs) in the hope for a powerful end to the year or early start for 2022. Of course, I am always looking for some more upward market movements, like everyone else - well, unless looking to buy...
It is a funny conflict really, because as much as I want everything to go up, I also feel like it might be better to collect a bit more first, meaning that the price would have to come down more. The challenge is, I am always going to feel that one I think, so when the price is up I will wish I had bought more and when it is down, it will be I wish it was up.
Is a trader ever happy?
At the moment, things are ticking along in the more passive incomes of CUB, but I am looking forward to more details on when things are going to start moving there too - though I may have missed something. I think it is good to build the hype early, but it can't be too early, as people don't have very long attention spans and there are always other opportunities looking for takers.
Cub Finance has been a good investment for me over what I think is the last 9 months or so and while people worry about maximization, I haven't minded the trickle of income coming in, while getting the feeling of being a hodler too - while also providing some liquidity for others to get involved. As 
This is great for people who have a bit of token that they aren't looking to sell or, don't want to get out of crypto. For me, there is a certain sense of "security" that comes with having some value dribbling in from these various pools and it would be great to have enough that during the bear markets, I would be able to use these small streams to buy the dips and ride through to the next peaks.
We are often in a rush to get to where we want to be financially, but if I am looking at how long I would likely need to work a normal job to get to where I want to be, five, ten or fifteen years in crypto to save another 20, isn't such a bad deal. And, as long as things keep progressing through developments, I suspect it isn't going to take more than ten.
Ten years.
I will be over fifty! Geez, I don't think of myself as an old person, yet I am definitely getting longer in the tooth compared to many of the people around me. Do they realize what an opportunity they have in front of them? I don't think most do, as the ones that I do know are looking for a quick win to satisfy a low-bar desire, instead of looking at their full potential.
One of my ex-clients was a psychological trainer for the Finnish national hockey team and also worked with a lot of young up and coming stars as they were heading toward the NHL. She would ask them what their goals were for their career and many would say something like, "buy a Ferrari" - which sounds great, but she would remind them, that isn't a very lofty goal. The reason is that the cost of a Ferrari is cheap in comparison to the earning potential of some of these players, meaning that they run the risk of settling for far less than they cold accomplish. This doesn't just affect their income, it is their potential as a player too.
Many of those players will be lucky to make it ten years in the NHL, if they make it there at all. They have to earn pretty much all of their life income in that space and also learn how to manage it. If they started investing not only into the buy/sell of Bitcoin, but liquidity pools too - a years salary could provide for them for the rest of their lives passively.
But this is the thing for "getting ahead" in this way while young, a lumpsum makes things so much easier, but even when people get that lumpsum opportunity, they tend to look for a different kind of security, which tends to be something that they can use now, but might not actually bring in much income, if any.
I have a friend for example who got an inheritance from a grandparent and because it was "free money" went about spending it on consumer items, like a new luxury car. A hundred thousand on a car.
But, what is interesting is that if instead he had bought Bitcoin and put it into CUB for a 15% return for example, he would have been able to lease the car and still had money left over each month, whilst still having the principle (in Bitcoin which will fluctuate) four years down the track at whatever price that is. Which do you think is going to be worth more in four years, a 100K car or 100K of Bitcoin?
But it was free money.
No, it came with the cost of opportunity to use and there are many different ways to use our resources. So, while he gets to drive around in a fancy car (that he didn't really buy himself anyway), he also has to keep doing a pretty average job in order to pay his mortgage, groceries and lifestyle. The funny thing is to me, is he is happy - but that is because at the moment, he is largely blissfully unaware of the true cost of his purchase.
And I think this is what happens with many of us when we use our resources, as we just can't be aware of all the potential ways we could use it, nor which are better or worse overall. So, we do what we know and are happy, until we know better.
"Knowing better" seems to come with experience however, which is probably why the older we get, the simpler we try to make our lives and, the more we think about how we are going to deal with the future, as we have the experience of enough failure and, the obligations that make failure even more painful.
It is far easier to fail when only needing to look after oneself, than to fail with a family that is relying on you too. But, this isn't a reason not to have a family as at least for me, experience says that having my family has made what I do more valuable, because of the obligation, responsibility and consequences. It brings meaning value to the value of what is getting done, whether it is here on the blockchain or at work. Having enough money doesn't take away the responsibility, it just gives options as to how that responsibility is going to be handled.
I am hoping that in time, my daughter will understand the value of her resources enough, that while she won't be scared to spend and splurge a little, she will also think about whether the splurge is worth it. Some people feel really good about having a fancy car sitting in the car park, others feel good having that same worth sitting in an investment portfolio, earning them the value of a fancy car.
There is no such thing as total security, but having insecurities comes with a price tag too.
Taraz
[ Gen1: Hive ]
