I remember when my Dad fell ill a few years ago and people (relatives, family and friends) rallied around to provide him with support in various forms. Sometimes the amount of love he got from Total strangers was astounding. I have always known him to be a good man, but had no idea just how much his nature and deeds reflected on other people till he was vulnerable.
I used this story because when I think about it, he spent the years investing in people with his deeds. Whether it was helping them out financially or even something as seemingly little as acts of kindness and respect, it certainly did not go lost on people who waited for the perfect opportunity to reciprocate. Investments are often lost to us when we do not see immediate dividends, and this sometimes discourages us.
Take for instance the Hive chain. I had found it difficult to think of returns over the course of years or even decades as some people do until about two years ago. The vast majority of people in the crypto space that invest want returns as quickly as possible. This isn't wrong to expect, but the truth is that most investments take a while before they get to that maturity stage.
The investor roadmap is not a static but dynamic one. There will be ups and downs, doubts and change in plans. There is also a sufficient level of risk attached that makes people fearful about investing in the wrong thing, thereby expending time, energy and resources. While we must be careful about what we invest in, we shouldn't be too fearful to put in the time in exchange for dividends. The alternative is to gamble on a lot of money which may be too hasty and ultimately backfire.
Have You Ever Thought...
How many of us legitimately imagine ourselves on the Hive chain in five or say ten years. If we don't, is it because we are unsure whether we'd survive that long (the average business lasts less than five years after all), or is it because we simply do not see Hive as a long term thing. There are benefits to the later and legitimate concerns about the former. The solution I think is to get as much info on an investment per time before any action is taken on it.
Also it is worth noting that when long term investments do pay off, they tend to pay off in a big way. Billionaires have been made by betting on certain stocks over a really long time. I imagine the amount of assets we could potentially wield on Hive in five years then it suddenly blows up. That would be exceptional to say the least, and the amount of success stories it would have created from seemingly nothing will dwarf anything like we have seen so far.
My new strategy is to carefully select those investments I feel are for the long haul (including people) and build them over time. It is even far less stressful having to adopt this strategy and there is sufficient time for true miracles to happen.