The Beauty Of Hodling Crypto - I Could By The Car Now
It's quite unbelievable what's happening these days. The whole world is brewing and I mean our platform as well. Things have never been so exiting and fun. What we're doing here is not just some fun writing anymore.
Hodling Crypto
One week ago, out of curiosity I did the match to see how much my holdings worth on Hive and came up with $9,100 as result. This is the post I wrote about it. It's 3 years of activity, without investing any fiat. I made a calculation to see what can I buy with that amount of fiat and came up with a car that costs 8,600€, which was more than $9,100 at that time, but I said in a few months I could get there and have the possibility to buy the car.
Today looking at the market, I thought let's see how much the value of my holdings has appreciated. Imagine my surprise when I saw $12,653 on my screen. That is $3,553 more than one week ago. Look at how the situation can change in less than one week. Now I could buy the car without any problems and have some hive left in my account. I have no words to express what I feel now, even though I know I won't touch my stake, even if it doubles.
Holding Fiat
If I would have had fiat (USD or EUR) in my pocket, today would have had the same amount. This is a no brainer. I can't see any type of investment that would give you such an earning opportunity at the moment, except ctypto.
It's important to mention though, that the power down period is still 13 weeks, that is a lot of time in which anything can happen, I could double my stake value, or half it.
The Golden Opportunity
I see these times as those in which Bitcoin was still under $1 and undervalued by almost everyone. It was something new, not many had confidence in it, for some 1 BTC was worth a pizza. We're not there yet as I can't buy a pizza with 1 Hive, but we're getting there.
I was thinking of all those who quit early, saying Hive or Steem back that worth sht. They wanted a get rich quick* opportunity and didn't have the patience to wait, nor could see the golden opportunity we have here. History has the habit of repeating itself and people make the same mistake, over and over again. Some will learn from their mistakes, others learn from other people's mistake and some will never learn.
This is our future, it can be a safety blanket, that is getting thicker and thicker. Every day there's a new opportunity to take advantage of, you just have to show up and do the work. That's all it takes. It's hard work, no doubt, but it worth it.
As you can see, today I could buy the cheapest car available at the local dealer, a new car though, but who know, maybe in a couple of months I could buy the next one on the list, a better one. Or one day I could buy a house.
I just hope more and more people will join and learn how to earn and hodl, learn how to build the future, their future.
Posted Using LeoFinance Beta
