As much as I love Hive, I realized a couple of years ago that I needed to make some efforts to restore my Hive/Life balance. I think we can all agree that Hive is pretty amazing. So amazing that it was all but consuming most of my time. I quickly came to the realization that I needed to take a break from the blockchain.
It wasn't a cold turkey thing, there's nothing short of death that would make me actually leave Hive, but for the sake of my sanity, I started to take the weekends off from Hive. That meant no posting on the weekend, and very little commenting on the weekend.
Unfortunately, that didn't fully resolve my issue. I would spend more than half of my day on Monday trying to catch up on everything I had missed over the weekend. Reading and commenting on two days worth of posts in a single morning is tough. I quickly realized I needed to take it a step further and just let those posts slide.
It was hard. That guilty feeling that I wasn't supporting or encouraging the people I follow and who follow me in return. It had to be done though, I would have burned out long ago if I hadn't.
The only problem with that?
You miss all the cool stuff that happens.
As we all know, the blockchain doesn't sleep. There's not closing time and weekend break like we see with the stock market. That was very apparent this weekend when Hive spiked to something like $.62. I honestly don't know what the top was over the last three days, but it was somewhere around there.
Once I found out, I was scrambling to scrape together what HIVE I could to sell into HBD. The plan is to move it back into Hive when the price gets to a point I like. I know a lot of people sold back. I'm still waiting. I'd like to see it down around $.40 or $.38 before I swap that HBD back into Hive.
My point is, if you weren't paying attention, you would have missed it. I almost did. I for sure missed the HBD spike that happened last week in the middle of the night.
Speaking of HBD
In case you missed it, I saw on the Leo Finance Discord the other day they were talking about a big player who picked up 600K HBD and moved it into savings. There is some speculation that is what caused the HBD price pump, but who really knows.
I'm honestly still trying to wrap my head around that kind of money.
$10,000 every month just in interest. Can you even imagine?
My mind is still whirling. I could cash half of that out roll the other half back into savings and I would still be making two months worth of my real world salary. Actually, probably more than two months.
It's crazy.
Someone commented how interesting it was that someone would choose to buy debt. Apparently, that is technically what HBD is. I don't know much about that, I just know that companies make their business out of buying debt all the time, and I would be the last one to complain if I were pulling in 10K HBD per month.
In fact, I will admit, I was a little dejected by that comment I mentioned above. It may have not been the intent, but it came across as "why would you want to buy debt to earn 10K HBD per month?". Um, because it's 10K HBD per month?
For those with big accounts (inside and outside Hive), that might not be a big deal, but for those of us who are in the middle of the pack or just scraping by, that 10K HBD per month would be literally life changing. It's a bit unfortunate people don't realize that. At the very least, offer alternative suggestions that you think would be a better move. Let's teach each other and build each other up versus mocking them, dismissing them, or shutting them down with zero explanation.
Just my thinking anyway.
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