You are viewing a single comment's thread from:

RE: Hive Gives Me Hope!

in Silver Bloggers23 days ago (edited)

Personally, I would look at reducing that amount. I know its decentralised, but the volume may be a problem once upon a future time if you want to withdraw or move i to other assets.

Sort:  

I’ve been dipping into it here and there when I have needed the HIVE. I could diversify a bit more.

I wouldn’t withdraw it all at once.

I don't know about needing to diversify away from BTC. The mathematics of it are inevitable.

Didn’t you say to look at reducing the amount I had invested?

I am not going to divest from BTC. It has massive growth potential. I am still going to be investing stray bits of Hive into it over time.

At the same time other things also have growth potential too.

More like moving it to a wallet you control entirely. Self custodial is the way! Paper wallets, or a simple electrum wallet.

What’s electrum?

https://electrum.org/

It's a BTC wallet application.

Oh cool.