It is good to have options. But I am already seeing people who are all over the place and trying to jump into the next "hot" thing.
I see it with some in markets. Instead of specializing in something they will be into many different stocks, commodities, and now some crypto. Basically, they are all over the place and cant focus their knowledge in any direction. For trades this is fine but long term growth suffers.
On Hive, there might be a ton of projects that could moon. However, there are going to be many that do not. There is a time where we have to draw a line in the sand and say these are what I will focus upon.
With resources limited, how many is that? Perhaps 5 or 7 at most.
Posted Using LeoFinance Beta
That's true. I think when we get to the point where we have a lot of different communities that are all very successful people will be able to choose the ones that interest them most and stick to them without feeling like they are missing out on not being a part of everything.
I know this won't work for everyone and some people will continue to "token hop" but I believe the upsides will be greater than the downsides.
Posted Using LeoFinance Beta
Yes the problem with token hopping is that you never know when something will take off. It is stagnant for a while, that is the time to accumulate.
Those that are chasing the hot new trend are going to find they miss out on the enormous paydays that come from loading up on a few tokens, especially when effort is involved.
Posted Using LeoFinance Beta
Yeah totally . They seem to be active on the tribes not based on interest but depending on the prices of the token of the tribe .
I agree with that . Instead of trying to be active on every community , it is better to focus on 2-3 and maybe invest and forget in rest of the tokens .
Posted Using LeoFinance Beta
Notice all the posting and commenting using the POB interface.
That could be why the Leofinance comments are down by the way. People jumping on the next hot thing.
Posted Using LeoFinance Beta
Hmm I didn't think about that, but it could be the case indeed...
Posted Using LeoFinance Beta
Oh crap , totally that could be a reason.
But if you look it another way , the less people commenting here = more LEO earned by them due to less competition .
Posted Using LeoFinance Beta
I completely agree. That can be very hard to do, especially on the beginning, but it's probably the best way to get the best ROI on our time and energy
Posted Using LeoFinance Beta