Crypto is a strange game to play.
It has more up and downs in a week than most stocks have in a full year.
Markets run 24/7 across every single country in the world.
There are a loose set of laws governing behavior in most of these countries and a lot of bad actors and potential rugpulls across all chains.
There are new chains springing up every day and a lot of different areas to grab your attention.
So with all of this madness and confusion how do you succeed in crypto?
The same as in most areas of life you succeed by having the right knowledge.
Knowing what is involved in each chain.
Knowing their team.
Their purpose.
How the markets are moving.
How the public will think.
Knowing more than other people or before other people.
I know a lot of people who have jumped into crypto, bought the latest trend and lost most of their money when the markets crashed or the projects stalled.
That's why my main focus is building my stack on Hive which is tried and tested over a lot of years.
It's not a get rich quick scheme. It's not going to explode overnight.
But it also won't implode overnight.
As long as there is a hardcore group of people willing to work hard and people turning up here every day then it will not die off.
It might never hit $5 but their are some great projects building here and a lot of potential for the future if things go well and the devs can make it a desirable team for others to build on as well.
A growth mindset is a term coined by psychologist Carol Dweck. It refers to the belief that one's abilities and intelligence can be developed through dedication, hard work, and learning. People with a growth mindset see challenges as opportunities to grow and are more likely to persevere in the face of setbacks. They embrace learning, view effort as a path to mastery, and are resilient in the face of obstacles.
Ref: Chatgpt.
It's easy to jump over to solana where all sorts of crap are pumping and i did with some fun money but i guarantee that 90% of the people betting on memecoins will lose there stack while 10% will walk away rich after pumping and dumping to the gullible masses.
They will be earlier, more knowledgeable and have more funds than the 90% who follow the leaders.
So I turn up and stack Hive every day instead. Hive, SPS and LEO. The three big tokens here and wait for the 90% to turn up.
Hopefully years in the crypto game have given me the knowledge to be ahead of the game and have made the right choices up until now.
4th biggest gaming chain in the world. And that's before @holozing. That's not even counting half of the active games that aren't tracked by @coingecko
🧐...and that's 𝙟𝙪𝙨𝙩 #gamefi.
With the most long & short form social content DAU of all blockchains & dapps across every service category, the ecosystem #builtonHive is a growing web3 powerhouse that doesn't compromise on decentralization.
Ref:@blocktrades twitter
That's why i want more tokens.
More say in what happens here.
More upside if we do take off.
Investment not gambling.