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FEAR OF TAKING BIG RISK

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@pouchon
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It might annoy you to read a nice post and right in between the writer said invest at your own risk. All of a sudden you pull back and think again. This is the environment we have everyday in crypto. The word risk has always come up so your decisions are only yours not somebody else. It goes hands to hands with the law of the land. Giving financial advise is a fiduciary obligation to your clients. Unfortunately writing a post in the blockchain has nothing to do with any clients.

In the same token, investing in any token like Hive is a big risk. It is nowhere the value will rise tomorrow. Most likely it could drop to a penny. Hard to imagine a hiver just invest $100k and then it happens. Luckily for a token to drop that quick, so many things has to come in action. Yes the risk is there just like the risk you could be dead tomorrow and you did not share your Hive account with your family.

While there is risk everywhere, life continues. Actually life depends on risk to do great things. I recalled at the beginning of Leofinance, many believe and accumulate before #wleo and #cubdefi. I have to say the biggest risk was when Hive started as a chain. Some could not believe it will work. My only fear was every time we had a previous hard fork, there was a problem.

I forgot the team that bring Hive to life is not the same team that was running Steem. Here we are going strong and still the risk factor exists but the same risk keeps us going and since we are all abide by the rule of decentralization and transparence it is easier to trust Hive 10X than to trust Steem blockchain.

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Having a technology where you connect the world and move in the same direction by a hand full of principles, priceless. The more you pay attention with Hive and crypto in general, a level of trust is needed in order to advance. Fear is good to keep you in shape. Taking calculated risk is very promising to get your end result.

I have seen the whales account in Hive, definitely they hold the biggest risk of the blockchain. I am not sure if they spend money to get there but they spent a lot of hours to manage and keep Hive running. Seeing is believing. As long all diamond paws believe we have the best blockchain ever, you can rest assured, Hive and to a long extent most token that you follow will remain tangible in the mind of many.

It may not look easy but taking risk in crypto always pays huge dividend. Think about adoption. It is like a bridge for more folks to come over. Looking at how many in Africa uses crypto. I bet you they do not have a mind full of risk. Where inflation is robbing folks blind, folks do not care much about risk since inflation is the risk itself.

Right now the market is playing with weak folks mind. If you have to sell, go ahead sell. Somehow another person is buying your crypto for cheap while you are running scared. Again taking risk is your responsibility. Everyone with the right data is taking risk and soon will get it right. Some with little patience will lose as usual. This is the train of life, some will enter, some will exit. Just know your way around and you should be fine. Keep vesting in you.

Posted Using LeoFinance Beta