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RE: Price - Power Ups - Future Gain

in Reflections3 days ago

G, unfortunately not everyone has a financial ‘culture’. Nor do they realise what saving can mean for them in a scenario of galloping inflation. Articles like this are good to show people the difference. Others simply don't believe in Hive or cryptocurrencies in general because they have had bad experiences with ponzi systems, and since they haven't bothered to do any research, they come to just take without thinking about their future. Now, a person who is not able to think about his own future, do you think he can be interested in the future of this Blockchain? I don't think so.
Other people live in an extreme situation and have no alternative. But even living in such a situation, with willpower you can make savings. It's like not being able to hold back on chocolates for example, seeing that you have 100 dollars and you can buy with it things that would give you pleasure or that you need... but you can plan and hold back. A lot of times we spend on things that are only hurting our health. But G, everybody doesn't have that mentality.
This is a big issue.
In my case, I'm putting the rewards at 50% some days to have liquid HBD in case I have a need or for trading, but I try to make the remaining days of the month go 100% to HP. And at the beginning of the month I power up with the hives I have available or I buy them.
That's how I managed to reach dolphin in less than two years here. By the way I turned two years old and you didn't congratulate me in my post. Jum! you're bad...
In short, those of us who live with almost no opportunities have a very hard time saving, but with will and sacrifice you can do it. Also the realities of each one are different. Being in the care of a sick person, for example. Without opportunities, with the shitty salaries they pay here and everything is sky high, all equated with the dollar and people earning less than 15 or 20 usd a month. Imagine 30 eggs worth 10 usd. We're not going to talk about medicines because it's total madness. Think of a mother having to provide for her children like that. You can't imagine how terrible it is. So while I put forward my point of view of willingness and sacrifice, I understand the point of view of others.
Hug G.

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I agree, and you say it well. I guess it's people spending Hive they transact at $0.20 on things they don't actually need that are the dumbest of the lot, those pleasurable items not the necessities. Still, like you say, holding a little back could pay big dividends for them.

You've done well and in a reasonably short time so it's to your credit; that has meant some sacrifices and I hope to see that rewarded by big returns when prices improve.

I understand all you say, but no matter a person's position, I feel that some thought and care needs to go intonthe future or else the future will never look any better than the present.