One of the things I still remember from classes many years was this general consensus that the most important time to "stay active" and keep working really hard at your savings plan or investments (or even business)... is when things look the most bleak and hopeless.
Whether it's Hive or something else, it's very tempting to throw in the towel and just declare "why bother" when it seems like putting forth loads of effort results in virtually no progress. Or maybe it even feels like you're sliding backwards.
What brought this to mind was that I noticed — once again — this morning that the "value" of my Hive account is just 75.00 USD right now... after years of contributing and never powering down. Well, at least in terms of fiat money... if you just look at the HivePower tokens, it is at an all-time high.
It would be very easy to look at that and simply declare "This is basically a waste of time!" and join the many who have declared precisely that... and vanished from the community.
But crypto is a very volatile business. We see huge swings, based on only minor swings in sentiment.
Realistically speaking, it might not take all that much for crypto and Hive to suddenly start advancing, and then you end up going from $75 to $500 in the blink of an eye.
Of course, we could also end up at much lower.
My point here being that if you decide that you are truly in, that commitment included being totally in during even the worst of times. Which we currently are not very far away from.
I have no proverbial "crystal ball" to consult, as to whether or not we're going to see a turnaround... soon, or even much later. What I do know is that I need to move forward at least pretending like an upswing is going to happen.
Otherwise, what are we even bothering?
Feel free to leave a comment — this IS "social" media, after all!
As always, a 10% bonus is active on this post!