RE: Hive: Compounding Machine That Epitomizes Web 3.0

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RE: Hive: Compounding Machine That Epitomizes Web 3.0

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fjworld in LeoFinance • 9 months ago

!Luv the power of 20% compounding. !LOLZ

I have been successful as a penny trader for many years. I never had enough money to play the expensive stocks. In fact the fees were/are too high for small investors. With the penny stocks you can pickup 10,00+ shares and only require a penny movement to offset the trading fees. Zero trading fee on Hive is an awesome feature. Now one can play layer 2 tokens and generate some windfalls that can be used to start your next HBD compounding machine.

Task, have you considered selling all your Tesla and using the proceeds as your HBD compounding machine. Are you more confident in the future growth of Tesla or HBD?

9 months ago in LeoFinance by fjworld

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taskmaster4450le 9 months ago

...penny trader for many years

A lot of widom here. Penny trader, not investor. I see so many investing in penny stocks. Most of it is crap. Play the moves.

Task, have you considered selling all your Tesla and using the proceeds as your HBD compounding machine. Are you more confident in the future growth of Tesla or HBD?

No. To start, my holding in TSLA are mostly in retirement accounts so I couldnt do that anyway.

As for the prospect, I believe Tesla will outpace the 20% annual rate over time. There are always ebbs and flows but I am confident in what the company is doing.

Different asset classes to be sure. Yield is a nice steady thing which makes HBD very powerful. But the upside potential on something like Tesla or other companies getting involved in AI is huge.

Plus they do have the car and energy thing too.

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fjworld 9 months ago

Penny trader, not investor.

I play many roles. It's entertaining when you are able to convert crap to useable asset. Now one does have to have the ability to manage any stress from selling at a loss and moving on to the next trade. Some people are not able to sell at a loss and thus can be left holding an empty bag.

Amazing the amount of funding that was raised via XAI

Always wise to diversify.

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taskmaster4450le 9 months ago

I agree with you.

Most have no business trading markets. They do not have the emotional intelligence to do it. They want to tell the market they are wrong and expect it only to go up.

As they say, the first loss is the best one.

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