Don't Fall For The Noise: Hive Is Where My Bread Is Buttered

avatar

▶️ Watch on 3Speak

At the start of the year, we hear a slot of speculation. I saw a title of an article, Top Metaverse tokens for 2023. This just made me shake my head.

In this video I discuss how it is best to not get distracted. Most want to find the high flyers when, on Hive, we might be sitting on something very powerful.

▶️ 3Speak

leofinance cryptocurrency archon mancave neoxian hive
0
0
0.000
12 comments
avatar

Thanks for this perspective and insight! 😊

I entered the market pretty close to the bottom of the bear market (this summer), but have been reading the perspectives of experienced investors, yourself included. It's difficult to determine what will or will not be successful in the future... if it were so easy, we'd all be billionaires. Risk tolerance will be a big factor, but anyone guaranteeing or claiming that something will succeed is simply lying with a motive.

As I'm spending more time in this sector, I'm looking with more skepticism towards advertising in this sector; articles such as the one you've described have started to rub against me more than entice me. Leaving a small allocation (a fraction of a percent) to such tokens is OK as long as you can afford it.

0
0
0.000
Reply
avatar

Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 1590000 upvotes.
Your next target is to reach 1600000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Be ready for the first Hive Power Up Month of the year 2023!
Update For Regular Content Creators - New Yearly Author Badge
PUD - PUH - PUM - It's all about Power Up!
The Hive Gamification Proposal Renewal
0
0
0.000
Reply
avatar

thank you very much for a good advice broth, continue doing good

0
0
0.000
Reply
avatar

Now I am feeling excited I join the hive platform because it seems the hive future is so bright..

0
0
0.000
Reply
avatar

that's right I have always trusted the process and I know this is just the beginning we going to archive more hight this year

0
0
0.000
Reply
avatar

I hate I had to power down as much as I had to over the last year to pay bills, but at least it was there and I am able to rebuild. Out of all the chains I have messed with, Hive is Home for sure. At this point, I am putting more focus on my future farm and getting that set up and ready to roll by the end of 2023!

0
0
0.000
Reply
avatar

Summary:
In this video, Task discusses the distractions in the cryptocurrency market caused by various coin and token recommendations. He reflects on the ICO craze, highlighting his decision to avoid investing heavily during that period. Task emphasizes his investment in Hive and its potential, despite fluctuations in its price. He critiques the focus on metaverse tokens, expressing skepticism about their potential given the current state of the industry. Task encourages viewers to stay focused and not get carried away with trendy investments, advocating for a concentrated and strategic approach to investing.

Detailed Analysis:
Task starts by addressing the distractions in the cryptocurrency market, specifically mentioning a headline about "Top Metaverse Tokens to Buy for 2023" that he views as part of the ongoing noise in the industry. He mentions his experience during the ICO period, where he observed many projects failing despite initial potential. Task reflects on his investment in Hive, noting that despite price fluctuations, he benefited from an airdrop and the opportunity to leverage his stake for gains.

He expresses skepticism about the metaverse hype, questioning the profitability of metaverse projects in the near future, especially in light of companies like Meta (formerly Facebook) posting significant losses. Task acknowledges the possibility of legitimate projects but cautions against getting caught up in the hype surrounding them.

Task advocates for focusing on Hive, pointing out its potential for growth and the importance of Hive power within the blockchain ecosystem. He emphasizes the role individuals can play in shaping the future by engaging with platforms like Hive and supporting applications that hold promise. Task discourages unnecessary diversification and encourages a concentrated investment strategy, citing examples of successful entrepreneurs who focused on one company for their wealth accumulation.

He concludes by reiterating the importance of remaining focused, especially in challenging market conditions, and highlights the progress made by Hive as a platform. Task urges viewers not to spread themselves too thin with investments and to avoid getting swayed by short-term trends. Ultimately, he emphasizes the value of a grounded and strategic approach to investing in the cryptocurrency space.

Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.

0
0
0.000
Reply