For everything we do in life, there is always a cost. It may not be a monetary cost, but there is the expense of time. What else could we have done if we chose B instead of A? What about C?
This same application of weighing options and time in life choices is something that has been on my mind recently. I suppose it was triggered by the sudden drop in the price of Hive, from around $0.30 down to $0.21. While many were panicking or worrying, I saw opportunity.
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The fundamentals of Hive haven't changed. It still has the same appeal to earn for creating content that it's always offered. There simply was more selling pressure than buying pressure. If we're honest, this short downtrend in pricing was broadly seen across crypto as a whole.
While I had some funds in HBD sitting liquid and was able to capitalize on the price discount, it wasn't as much as I'd like. I'm still waiting for another 50 HBD to finish withdrawing from savings in the next hour or so. This got me thinking about liquidity and how quickly I can respond to these types of price fluctuations.
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Withdrawing HBD from savings isn't terribly slow, but if I were to liquidate some of my Hive Engine token holdings that are staked, I'd be looking at a week or more before I could sell them. My chance to quickly liquidate and move funds into a new opportunity would likely come and go before funds became available.
As a result, I've started to shift investments to focus more on earning tokens through delegating, rather than through miners. Liquidity pools are another great option, so long as I account for impermanent loss when I go to withdraw liquidity. The goal is to be able to respond to market opportunities faster, so I can ultimately grow my passive Hive income faster.
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