Some time in the summer, I bought a Trezor that I still haven't set up, but will get around to it one day soon-ish, perhaps once I have an office of a kind to sit in, rather than just on the couch. A few years ago, I also grabbed a Ledger Nano S, but have been mighty underwhelmed by it and find it quite ridiculous, considering it has something like 160kb storage, meaning it can only hold a couple token apps at any one time - considering how cheap storage is in this world today, this is stupid. I hope the Trezor is a bit handier. If it isn't, I will blame for his recommendation.
You know how sometimes you find a note in you pocket and you are happy? I knew that I have a little of something on the Ledger, but I was unsure if it was Ethereum or Bitcoin, as I remember transferring some out to buy some shit token a while ago. To my surprise, I actually had a bit of both on there, which is nice and, it is worth a fair bit more than it was when I transferred it in. While not much in the grand scheme of things, it is definitely better than a kick in the sensitives and more than I have ever found in my pocket.
This reminds me that I have to do a little bit of a crypto stocktake, as over the years I have used various wallets and exchanges and probably have little bits of stuff everywhere that I can scrounge together and perhaps buy a Lamborghini, or more likely, an old Lada. I don't know if other people are as careless as this with some of their crypto, but I assume that I am not the only one who could do with some better management habits.
It got me thinking about 2017 though and if you remember the stories, people who had "once upon a time" mined BTC or had their keys on a hard-drive somewhere, were suddenly very interested in finding it again. Does anyone remember the story of the guy who got permission to scour a rubbish dump for an old drive to find his lost Bitcoin? I have heard that about 20% of the Bitcoin supply is locked away and inaccessible - that is going to be stuff of immutable legends one day.
While I am not going to be retiring any time soon with my holdings, I do think that I have collected enough that the potential is there to be significant in the future and perhaps even get me to that magical point where things are "comfortable" for my family. But, with my wife only a crypto enthusiast as far as she hopes what I hold will go to the moon so we can pay off debts, I am going to have to delegate future management to my brother, in the case of my untimely (potentially timely) demise. This won't be easy with it spread all over the internet, hence the coming stocktake.
What I am secretly hoping for but quite certain isn't going to happen, is that I bought some cheap-ass token once upon a time, forgot about it and now it is 100x up. That would be a pleasant surprise for sure, since most of what I have bought back then is about 99% down. While hoping, I am not getting my hopes up.
While I have the ledger to set up, I should do some research into what is a good way to keep track of everything. I have head some people talk about Blockfolio, but haven't tried it - worth it? I actually don't spend that much time looking at the markets and I get zero notifications on movements, which is great for my nerves, but terrible as I have missed some corker moves.
Back in the day, I used to have more time in the evenings and would see the spikes for trade potential happen, but now I can barely scratch myself, so have let things slide in this respect, concentrating my time on content and comments rather than trading, as there is the added value of doing something that is good for my mind in the writing - where as the trading is bad for my stomach. I think that if I did spend the same time trading as I do on Hive, I would likely earn more over time per hour, but it wouldn't be anywhere near as fun.
I asked a question the other day in a post that pretty much no one answered, but I was wondering what tokens people hold that they actually use for something, directly. It seems that besides staking or trading, most don't really do much - whereas on Hive the token is intertwined into the gamification of the ecosystem and can be used in numerous ways to affect experience, for better or worse. In some ways, this is actually worse, because unlike Bitcoin where people do not feel guilty trading it, Hive comes with some social pressure and transparency - while you have no idea how much Bitcoin I have - you do have a pretty good idea about how much Hive. Spoiler alert, The value of my Hive is more than the value of my Bitcoin - How much difference is unknown - until stocktake, but I assume it is significant.
Anyway - I have been painting for 13 hours straight today and will head to bed so that I can do more of the same tomorrow - but if you want to answer a couple questions to give me something to read in the morning, here is a list.
- What cryptos do you hold and actually use?
- What is your favourite crypto tracking tool?
- Do you use a Ledger, Trezor or a software wallet?
- Have you ever found "surprise crypto" you forgot you had?
Taraz
[ Gen1: Hive ]