Opportunity Cost and "Fluid" Investing
For everything we do in life, there is always a cost. It may not be a monetary cost, but there is the expense of time. What else could we have done if we chose B instead of A? What about C?
This same application of weighing options and time in life choices is something that has been on my mind recently. I suppose it was triggered by the sudden drop in the price of Hive, from around $0.30 down to $0.21. While many were panicking or worrying, I saw opportunity.
(Created with Bing)
The fundamentals of Hive haven't changed. It still has the same appeal to earn for creating content that it's always offered. There simply was more selling pressure than buying pressure. If we're honest, this short downtrend in pricing was broadly seen across crypto as a whole.
While I had some funds in HBD sitting liquid and was able to capitalize on the price discount, it wasn't as much as I'd like. I'm still waiting for another 50 HBD to finish withdrawing from savings in the next hour or so. This got me thinking about liquidity and how quickly I can respond to these types of price fluctuations.
(Created with Bing)
Withdrawing HBD from savings isn't terribly slow, but if I were to liquidate some of my Hive Engine token holdings that are staked, I'd be looking at a week or more before I could sell them. My chance to quickly liquidate and move funds into a new opportunity would likely come and go before funds became available.
As a result, I've started to shift investments to focus more on earning tokens through delegating, rather than through miners. Liquidity pools are another great option, so long as I account for impermanent loss when I go to withdraw liquidity. The goal is to be able to respond to market opportunities faster, so I can ultimately grow my passive Hive income faster.
Do you like stacking gold and silver?
Are you new to Hive, or know someone new to Hive, and want help and support?
Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!
!hiqvote
You received an upvote of 89% from Precious the Silver Mermaid!
Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.
Yup, The Hive ecosystem is far more than just blogging.
It certainly is, and it's great! 😁
!BBH
!PIZZA
@bulliontools, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.
In addition, @bulliontools gets !LOOL from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
lolztoken.com
Ein Pinguin im Tarnanzug.
Credit: thatgermandude
@bulliontools, ich habe dir im Namen von @hiq.smartbot einen $LOLZ Token gesendet
Verwende den Befehl !WITZ oder !LOOL, um einen Witz und ein $LOLZ zu teilen.
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
.(2/8)
Simply quickest way to stock up on hive....
I plan to participate too...
Awesome! Get it while it's cheap! 😁
Today my hbd that I requested to pick up on Monday fell through... I won't be able to buy it at 0.20 but 0.21 is fine, better than nothing haha
That's still pretty cheap. 😁
!BBH
!PIZZA
$PIZZA slices delivered:
bulliontools tipped kerrislravenhill
@bulliontools(3/5) tipped @shiftrox
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
For a minute their I was getting flashbacks to Econ 101 and opportunity cost.... I bought up a chunk of Hive cheap, hopefully it will recover soon. Delegations are a great way to profit, and I'm not buying more miners myself now. Did you dump those EDSMM already?
!BBH someday it may work again!
!sbi status
Hi @bulliontools!
Have you seen our website?
It's a great resource to check your Hive SBI levels, along with your history of who has sponsored you and what upvotes we have provided you!