Huge profit or marginal profit?

Crypto transactions can earn you good profits if you are smart enough and know how to go about it but if you make the wrong choices and the wrong time, then you are done.

If for example, you bought a crypto coin and held it long enough because it went down below the price you bought and you just want to dump it because it is not showing any progress and then one day, the price pumps and you want to sell it but is just one dollar above the price you bought. Does it make sense to dump and earn just one dollar profit?

I am sure it doesn't, right?

So, what do you do?

Hodl it till eternity and wish that it would keep pumping or just get your hands off it and invest in a more stable coin that would never let you down.

Frankly speaking, we can't even be sure of BTC for that matter, right?

Have you had such an experience? Have you regretted buying that one coin which so disappointed you that you wished you could turn back and not have bought it, ever.

When you take the case of Hive or Leo and Cub,, the above scenario is not applicable because to me, they are more precious than the coins we see people pumping and dumping on the exchanges.

Hive can be used to power up and so can Leo and we can earn by staking it and through curation or delegating to projects such as @brofi and yes Cub is such a wonderful thing that has happened in the history of Hive that we are all patting our backs that we did invest. Sometimes, we need to take that step which might seem risky to others but in the end, will see us through.

So, three cheers to all the entrepreneurs on Hive.

Posted Using LeoFinance ^Beta