Boredom
Hello!
I joined the crypto space in 2017, almost 7 years ago, it's amazing how time flies. I feels like yesterday.
I've learned a lot of lessons in all this years. I am a better investor than I was at that time.
One of the main things I learned is the importance to have a plan and stick to it.
Most of my main mistakes were made in periods of boredom. Periods like the one we are facing now.
It's basically one of the worst times to make moves, at the doors of the bull market expansion phase.
Everyday come to my mind ideas about how should I move my portfolio, how should I invest in that new token, how should I rebalance the portfolio, how should I make this or that trade, etc.
I try to stick to the plan as much as possible.
I will not make significant moves to the portfolio at all if they are caused by boredom.
However as always I’m looking very closely at the Hive price. If we hit lower levels I wouldn’t mind to accumulate some cheap Hive.
I’ve been selling a couple of hundred bucks of Splinerlands assets at a loss, I will use them to accumulate some Hive. I’ve started a powerdown of LEO because I am receiving staked rewards and want to have some in liquid form in case we pump to 0.30 or 0.40.
I am also trying to write more, will be focusing on the blog for the coming weeks and see if I can accumulate a couple thousand more Hive. Thank you all for the support!
I hope you have a great day!
Posted Using InLeo Alpha
The splinterlands assets you have, are you using them to compete and play? If not, it's actually good to use it for assets that would earn you more.
You're right, during this period one might be pushed into making decisions that they might regret just because it's a very confusing period in the market.
I used to have them in the Land, but for now I prefer to stake more Hive rather than what they produce in SPS.
If the full bull market starts I will consider buying them again, even if they are at a higher price. Thanks for the advice!
Good strategy then, goodluck with it and cheers.