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RE: Money, Money, Money

in LeoFinance2 years ago

You're touching on that privileged mentality.

And missing a bigger picture.

Look in those wallets (I haven't in a long time, but I'm sure its much the same), there is a savings account and there is a plan, be it in Hive Power or HBD or only selling a little bit, or something.

And using HIVE to live off of is doing more to bring attention to the ecosystem, than anything we can do by simply blogging.

I have been blogging and earning crypto for almost five years now. Recently was the first time I took out a big chunk.

I did HBD since its the stable coin, and the 20% interest rate I am no longer receiving was a prices I was willing to pay (or feeling forced to).

I have more people paying attention to what I do, than I have, ever, because they don't care about my writing, or the blockchain, or the community, or anything else.

They are curious as to how I was able to accumulate x amount ... and spend it in cash.

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Fantastic response.

I have to say I agree with all your points.

If they are paying attention because of the money that is a great time to get them to pay attention to the rest.

I bet you did not sell your HBD for 50 or 60 or 80 or even 95 cents did you? You got what is was worth. Close to the 1.00 peg I bet.

That was the point I was trying to make. Some people will sell to cheap for the sake of moving a token quickly.

!BBH

@metzli! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (2/50)

I may have dipped into those gaming tokens that I've seen go x 10.

Or that I've lost x 10 value in now that I sold them, however we see.

The amount of $$ I kept pulling out, had to do more with the cost to take the money off chain, than how much I was losing in the "Bear Sale"

If someone would have been willing to trade my Hive for $5 bucks I would have most certainly have kept scraping my Hive-Engine Tokens to put $5 worth of gas in my car every time I could have.

I don't have a way to sell $5 worth of HIVE so I won't but if I would have, this past season, you bet your butt I would have.

I would have also made sure that for every bit I was taking out, I was keeping at least some in, because I would not want to be bleeding any tribes dry.

100 percent understand. And in the long run, is that not why we are all here 😉

!BBH

@metzli! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (3/50)