I got an interesting comment on my post from yesterday about waiting and having patience... It was @videoaddiction who said something like: "At some point, I think waiting becomes another way of accepting the status quo." It looks so simple, but it hit me hard as it triggered me to reflect on some of my (crypto) investments...
I know that HIVE is crypto too, but I have a "special treatment" for it, and I keep it outside my "investment portfolio", despite investing a lot of time and money into it... It is much more personal, more ideology, than pure investment...
Let's talk about the "rest" of the crypto... About those big boys, like Bitcoin, Ethereum, or Solana... I have bags of all of them, and I have to say, they treated me very well in the past... Most of the time, of course... I got in early on all of them, and even with these prices, if I were to sell, I would be in profit...
Of course, there were some bad days for crypto, and some would argue that we have them right now too... Instead of having the powerful bull run in Q4, we are struggling with keeping the "higher lows"... We had worse days before; that's a fact... Being in crypto for over a decade, we have had ups and downs, but every time we hit the bottom, the same question arises... Will we ever recover? In my case, I stopped asking that question a few years ago, as I'm sure that we will recover, but I have a different question nowadays... How much will we recover?
The law of diminishing returns (also known as the law of diminishing marginal productivity) states that in a productive process, if a factor of production continues to increase—while holding all other production factors constant—at some point, a further incremental unit of input will return a lower amount of output. Source: wikipedia.org
If you are longer in crypto, you probably remember those ups and downs, and percentages that we would recover AFTER a bear market... But, cycle after cycle, those percentages are lower and lower... Don't get me wrong, they are still better than most other investing "opportunities", but when you know better, it's hard to be content with less...
On the other hand, it is understandable that BTC "returns" are lower and lower in every new cycle... The asset is more mature, more adopted, which can also be positive, but it has negative sides too... We have plenty of new cryptocurrencies with better tokenomics, better ideas built on top of the OG Bitcoin idea... The market is diluting among many... And also, investors want MORE, something new, something more "revolutionary"... Just like me... I'm not alone, for sure...
Is this our "new reality"? Is it time to move out of BTC? Are those diminishing returns getting more and more noticeable, and isn't BTC worth the risk anymore?
Let's see the WorkerBee Pool numbers for this week...
This week, we have mined 163 BEE tokens in total, 27 tokens more than a week ago...
This week we didn't get new delegators!!! As usual, we got additional delegations from old members! Thanks for your continuous support, guys and girls! I really appreciate it!
This pool doesn't charge fees, and you can earn up to 20% more by delegating to it!
What about the bonus tokens?
It's turn on SPS token to be shared with you guys... Despite the bad situation in crypto, Splinterlands is still chugging along... I don't have too much free time to play ALL the aspects of the game, but I do enjoy playing Guild Brawls, which I didn't miss ANY for YEARS!
There will be 220 SPS tokens distributed to the delegators of the pool as a bonus reward today!
220 SPS tokens will be distributed as a bonus... The APR (without the bonus) was 14.819%, and when we added the bonus, it went up to 17.857%!
I have calculated the ROI approximately with medium prices for all tokens when creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price... Currently, the BUY side of the WORKERBEE tokens is very thin, and it's hard to calculate the middle price.
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section or contact me through Discord or Twitter, and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week, you will get your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here https://ecency.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other.
Thank you for your time.
--ph--
None of this is financial advice!!!
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