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Its time to look at precious metals again!

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@tbnfl4sun
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2 min read

This has been a great week for Hive, with lots of gains!

https://coincap.io/assets/hive-blockchain

Now the big question is do we hold on to it or take some off the table here? I know it's easy to get caught up in the hype and it feels good to finally be right about your choice to put so much time and effort into this place.

I just have been in this rodeo for a long time and I can tell you there were times I could have doubled or tripled my holdings easily if I would have taken a bit off the table when the price spikes for no valid reason other than, the Koreans are buying.

Please don't misunderstand what I'm saying, I think Hive should be 5 to 10 dollars a token considering we have an awesome community with many dedicated people working on things that other blockchains will never accomplish. (imho)

I'm just trying to spread the word about diversification, when one asset is fairly valued in your own eyes it's always a good idea to trade it for an asset that is very undervalued. Everything goes through cycles and has ups and downs, it almost always works this way. Take a look at Leo for instance, it was very undervalued for a long time. (it still is) When Leo was spiking I kept some liquid for any opportunity that might pop up.

Then came Cub out of nowhere!

Having taken some money off the table I was able to jump right into the farming and pooling, while staking all the cubs I got into the den, where they are the safest and multiplying nicely!

I now look at things a little differently and I learned to be patient when swapping assets, it compounds everything to think this way. Another opportunity always comes along and being ready to take advantage of it is the secret to good investing.

This whole story was leading up to the headline of the post. I really feel the precious metals are way undervalued here. The Fed is out of control with the amount of debt they are issuing and I feel the confidence in the dollar is eroding faster now than ever before.

I like to save in gold and silver so there isn't any counterparty risk, the banks are not a good place for the safety of your wealth anymore. That's probably what brings most people to crypto. I just think people should know how risky it all is and if it fails, to have Gold and silver as the core foundation of our wealth.

I hope Hive and LEO go to the moon so I can get some more precious metals!

@mariosfame @krunkypuram

Thank you for reading my blog and have a great day!

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