This Is The Beginning Of Grind Time!

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Ignorance is bliss....

You see, I have no alerts that show up on my phone. No idea that the 'sell off' had begun...

24 hours ago, if you put a gun to my head and asked me to tell you the price of BTC, I wouldn't have been able to.

The only time I really know the price of Hive or the tokens in it's eco system is when I'm in my wallet or poking around Hive-Engine!

Apparently we're in a bear market....

At least that's what the experts on 'Crypto Twitter' are shouting. And everyone is getting 'rekt'. What a spectacle....

Here's a truth I learned years ago in this industry...No matter how much you WANT the markets to turn green, you have absolutely nothing to do with it. Sure, you can pump a token or two on Hive Engine but in the big scheme of things, whether you buy, sell or hold BTC and ETH and whatever the flavour of the month is....You don't have much impact on the market.

So if you are in this business for the long run...Buckle up. The ride is about to be a wild one.

Here on chain though....

It's a little different. You can take your BTC and look at it. You can put it into some investment scheme or something but generally, the only real use case for BTC is store of value. Sorry maxis...I know, I know, you hate us poop coin fans...

But on Hive, we can earn MORE of this stuff right now because...It's easier to 'earn' Hive on the chain and it's related layer 2 platforms.

Why is that?

A few reasons, but here's the biggest one....

Most people...Won't!

They won't create new content.

They won't curate new content.

They won't build on the blockchain.

They won't comment on posts....

To put it another way, your competition is attached to price and when price goes south..They disappear.

Which means it's back to 'Grind Time' on Hive. And a few of you reading this may remember the last time the crypto world got rekt. Mid to early-2018 and it lasted for a few years...When the previous blockchain that shall remain nameless was at all time highs, everyone and their mother were creating content on the blockchain.

And then when it dipped, and when it forked, and when it bottomed out at like 10 cents or something, only a select few actually....Put in the work! They showed up, no matter what the price of it was and continued to build. And sure, nothing is guaranteed, heck we are more than likely not at the bottom of this sell off right now.

But now is the chance....

Now is the time to ignore what the markets are doing, put on your big boy pants and start building here! And it'll be hard to ignore the noise. There will be plenty of nay sayers that will tell you the end if nigh! But you are BUILT for this!!

Enjoy the ride, accumulate as much as you can and keep showing up. When this is over, believe me, you will be glad you did!

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64 comments
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My only regret when markets tank is that I don't have the fiat funds to really capitalize on the sweet sweet prices around here. I'm not in the business of selling my coins, I'm always always building them up... so price flops just make me want to hurt my wallet and buy more lol

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Yeah, that's a regret I have as well. I put everything into Hive and the layer 2 stuff so...Not much ETH to go dump and ape into this stuff lol

!CTP

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Same hahaha. I have a grand total of 1 BNB and like 0.002 BTC and that's like... it LOL. So no real fuck-around funds for this but that's okay! Hive's what I care about anyhow.

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I couldn't agree more. I was actually thinking of writing about this too 😂 Bravo 👏
!CTP

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It's always a treat to notice who is creating when things are in the green...And those that do when it's in the red. Helps you know who to follow LOL

!CTP

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That's more like it, take the very opportunity to make more by just showing up, making contents, engaging, perhaps throwing in some idle bucks in the token that you believe in and not get affected by all the noise around.

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I have blinders on lol It's a blessing and a curse...But it's a blessing these days because I can focus on Hive and the eco system...Ignore the rest!

!CTP

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It's good to have blinders on although yes, can be a curse especially when missing golden opportunities. But then a very good blessing indeed in times like this. All the best!

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thanks for the words of wisdom. i plan on following your advice and continue content creation on a daily basis. slow and steady will pay off over time.

!CTP

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Thanks man, yeah it was all doom and gloom in 2018...But here we are now, brand new blockchain and building every day!

!CTP

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Very well said! 🙌🏻 In a year or two from now we will remember the days when Hive was available for under 60 cents and many people will say „If I just had bought…“.

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Oh guaranteed!

Happened when Hive hit 3 bucks a few months ago...Everyone screaming about 'I wish I bought at 1 dollar....' we'll see who practices what they preach!

!CTP

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Now Hive prices are down. Buy the dip so that means selling other funds. But these are already down like the rest of the Cryptos. So doing this means the coins you want to buy are going to rise more than the ones you are selling !

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I just buy, no matter what the market is doing lol

!CTP

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The lows are always good times to stay really busy with content creation. I built a ton of my account (might have been before your time?) on "Hive 1.0" when the token was around $0.07 and even a moderately well-rewarded post might get you more than 100 tokens in staked power and you could buy another 100 with your liquid rewards. It was fun to think how — when the token subsequently hit $8.00 — that those posts were actually "worth" $1,600 each!

Of course, that was all theoretical; I was generally powering up, not trading.

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That's what excites me the most about this place...What if, it goes to 8 bucks? So that effort now may pay off HUGE down the road.

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Sober advice here. The problem with as degenz I we want it big all the time when everything is at the top forgetting the need to guild. Bull runs are for taking profits bears are for accumulating with caution, tacked and research. We should see the light at the end of the tunnel. However long the night is

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I'm glad I took a little bit of profits when we were up high, but I still think there is plenty more for this thing to grow to. We haven't seen anything yet!

!CTP

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I was here through grind time 1 ... it was no fun, BUT, it put me in a fine position for now and grind time 2 ... it does pay off...

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That's my thinking for sure...The effort we put in now, when things go up again and again, we'll be positioned great!

!CTP

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So true! Most people won't ... It was just yesterday that I said to my partner, "And NOW is the time for me to UP my game big time". He looked at me as if I am crazy, (which is partly true of course). But I know, now is the time. Because most people won't!

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It is our super power!

The time to shine is now for content creation and curation. The competition won't be around as much!

!CTP

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I think it's dumb to not be active when the competition is low because that is the best time to build. I don't really care if we are in a bear market because I am not planning on buying or selling.

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100%!

And the rewards pool hasn't changed, so that just means...More rewards for the hustlers!!

!CTP

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As you said, it is time to build, to appear day by day. Right now it's getting easier to pick up Hive with the day-to-day work. It is planting time.

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So much easier!

The 'USD equivalent' might be lower, but Hive is still being earned!

!CTP

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Any way I could get all the benefits without grinding, or even slightly trying for that matter?

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lol Own a whole lot of stake and just upvote things all day every day!!

!CTP

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When the crypto price rises, everyone is excited. When the market crashes, it seems everything is finished. But it is not. When you think long-term, you see this is just a part of the process. It will happen. The crypto market is not going up always, there is sideways and there is a downtrend.

No matter what the market situation is, here on Hive, we can put in the work and accumulate cryptos over time.

Grind time is On!

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Exactly!

The end is here if you listen to the talking heads lol

!CTP

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Well said. Better to tune out of the noise for the next couple of months or even years.

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Great advice. Putting blinders on and just putting in the work will help us out big time down the road!

!CTP

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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There is a lot of noise going on out there. With that makes it hard to trust the decisions we make. I realized that we just have to focus on what we do to build in the dip. I am definitely pushing for the staking and delegation in various option. I also think that one has to write the content. That being said, hustle mindset is a necessity during the dip times.

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So much noise out there. Lots of people saying this and saying that.

We'll just put our heads down and continue to build!

!CTP

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Thanks, Jon for bringing us back to reality. I know a few who got involved in the hype yesterday and their wallets are hurting today, not just a little, but a lot!.

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Man lol I can't even count the amount of people that have come and gone on this blockchain because it didn't moon shot overnight. Sad really.

!CTP

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Crazy that they cannot see the utility and community built on this chain and not just some algorythm to speculate with. I am used to $1 Hive, so anything below that seems a bargain and good time to stock up.

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@jongolson I'm always inspired by your posts. You spell it out clearly. Now is the time to double up and get to work. It won't rain forever. Sooner or later the storm will stop and the sun will shine again. Why wait till the sun shines to start building? Build Now!

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Double up the efforts for sure!

Great piece of advice!

!CTP

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Thanks good Pitch. And well I guess my timing is impeccable in that case. I needed some time to get to a life where I could focus more on HIVE and well I just arrived. And with regards to this Crypto Winter, it´s the best time to build up something that will explode in 18 months.

With regards to the current crypto market, it´s basically the same. I 've been learning a lot these 2 years, which allows me to have a plan for the next 2 years. Part of that plan is indeed to be grinding, getting little bits of poo coins left and right....stacking up those sats, and see how my portfolio will look after the nxt halving.

But first I am DCA-ing the Dip because this is not the end, but the start of this crypto winter if you ask me.

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I'm ok if it's a bear market or a bull market. My effort doesn't change, in fact I think i'll end up hustling harder now.

!CTP

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The ride is about to be a wild one.

I had a foretaste of it twice though not in crypto. That was the first time I entered the stock market. After a year, 49% of my capital was wiped out.

After seven years, I thought it would never happen again, but I was caught off guard by the advent of the COVID variant. Though that bear was bigger than the previous one, I was no longer affected as before. And that's the time I was introduced to crypto space.

And a few of you reading this may remember the last time the crypto world got rekt. Mid to early-2018 and it lasted for a few years...

I am aware that money is a very emotional thing for many. If the crypto analysts are correct, we will see how this expected roller coaster ride will turn out. The big difference from my experience before is that then I invested big and lost big, but despite that, I did not lose my mind. Now, just 5% of what I invested then. and so it's not a big deal for me even if I lose more than 50% of the current market price of all the tokens I am holding. The important thing is that the quantity of stakes is growing.

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I think that's the best thing about Hive and the eco system. The quantity goes up, the more value we bring here!

!CTP

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Great post! I'm here for the long run. I keep buying and creating no matter what the price is. :) !hivebits

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That's the 'secret' for sure...Sadly, it's not much of a secret lol

!CTP

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As you know, Jon, I watch the Hive market closely but I never let the price influence my activity. I watch the price for investment but I create content and curate for the long haul.
Awesome post @jongolson
!CTP

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Thanks man! That's a great approach...When I started, I made sure I was doing it all...Investing, creating and curating!

!CTP

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I'm always amused during a correction, the naysayers and crypto haters really go into squawking overdrive like a bunch of the sky is falling seagulls. Just like the last time this occurred, I'm not concerned, as I am here churning out content and hanging with my fellow creatives on Hive.

Also, I so LOVE it when things are on sale.😉

Glad to be on the roller coaster with ya good sir, weee!

!CTP

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I love the roller coaster lol

I just make sure I'm strapped in properly lol

!CTP

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This Is The Beginning Of Grind Time!

Ok, I get it, before now it was also fun, so now it's only a grind. :)

Joking aside, you are of course right, and we should keep being active on Hive and ignore the doomsday narratives.

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Thanks for the great tip. I will keep grinding away. I am here for the long run.
Even if there are stumbling blocks. The world needs good content right now.
Peace
!CTP

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@jongolson, What is something you want built on the hive blockchain that you do not have time to build?

Maybe me or someone on this post can try to build it!

!PIZZA

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Good post! Yes, I see it absolutely the same way. I barely look at the markets, and don´t get nervous at all. Because these times are always the biggest chances to either buy the dip or like you say, create content and put in all the work!

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Now is the time to act and like my cat Spike, we are constantly in a state of Now. Our four-legged companions are living reminders that we are constantly in the present and we have the power to leverage our now to change our future.
I might be old-fashioned but buying during the bear market is the way to go. On Hive creating content and engaging during a bear market pays off in more Hive Power.

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