Looking Into A Crystal Ball

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Long term or short term investments I struggle with as I see everything long term and not for the now. When you invest in a project and sell out then I believe you are just leaving profit on the table. Maybe it is why I have never had loads of cash lying around as my mindset is not for the present.

The way I think with investments like Bitcoin is they were long term if you invested in 2010 and taking profit is fine in that type of situation as it has done very well affording you that luxury.

A different type of investment like Hive and Leo is stake based so in order to reap the rewards you need to grow your stake. I would bracket it in the same as Bitcoin as it is another 10 year project in my head. Maybe not quite as long as it is an ongoing investment as you are constantly adding to the pot through the work you do and not necessarily cash injections.

This week I invested in Coti as it is another project that I see similarly, but will treat differently. This is not going to be something that you have to put time and effort into like I do on Hive and Leo and that is just financial with no emotional attachments. I am hoping it is a money cow that will pay me handsomely and fairly quickly and not something that takes 10 years to mature. I am hoping a time frame of 2-3 years but that is the gamble as we can only go with the tech and development that is backing the project.

Every crypto currency we see today started out holding very little value compared to what it has grown into. There are so many that have done the 1000% or 2000% returns and they are still not at maturity. A prime example I can recall Binance Coin or BNB launching with it's ICO in 2017 at $0.10 and now sits at $256. That is still 3 years and is no where near it's value of what it will one day hold.

I raised this as @bozz was talking about instant and quick investments and money earners yet these are quick if you see the time periods involved. Just think 3 years ago if you invested and bought just $100 of BNB you would have more than a quarter of a million dollars in value. There are many other projects out there that will do something similar and finding those and investing in them is not easy yet they are staring at us. We just have to believe in what we are investing in is the right ones as not every project is a success overnight. One has to just look at Coin Market Cap to realise many crap projects achieve more than they should even with no genuine use cases.

This is all so early in the world of crypto and investors will change their mindsets onto what is real and things like Hive and Leo will be rewarded at some point. In my head I always say what is another 2 years in the scheme of things and in the case of BNB a lot I guess and understand what he is saying about short term vs long term.

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Yeah, I know in the grand scheme of things this really isn't a long time. I could have done better for myself if I had just made some moves during the bear market. Since this was my first one, I didn't really know what to expect. If I had realized this was on the other side of it I probably would have prepared better back then.

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You mentioned BnB and to me I believe price is what most people would deem as value. This makes me remember Tron and it's crazy market cap back when Justin Sun actually took over. I believe sometimes we go for these crazy projects to make the nice bucks but then we know where the value actually lies in.

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