So when Hive shot up to $1 a pop, I told my friends that my $600 account on this crypto social media went to $6000 and their reaction was immediately "Sell it!".
Paperhanded Crybabies
Fast forward to today and my account is worth $4.5k, so no I didn't sell :D I did transfer 10 hive out to Binance to see how it would work!
I kinda understand their logic, they are not invested into hive at all or any stocks for that matter, so they don't understand the swings in the market (Not that I understand them, but I am used to them) :D
So whats the plan going forward?? Is taking profit a good idea?
I have always said I just need my invested money back, which is $300-400 (I lost track at some point) and then I would be gucci, but is it really worth taking the profit if you have to convert it into fiat?
Taking profit isn't bad, especially if you need the money.
But if you don't need the money then just let it stay invested or it could also be a good idea to diversifiy if you are too heavily invested in one coin :D
BUT I HODL LONG TERM
And yes. I have created this myself in Aseprite.