Where Do You Draw The Line?
hive-167922·@bulliontools·
0.000 HBDWhere Do You Draw The Line?
I love spicy food. When Doritos got rid of these, I was bummed out because they're fantastic! I recently discovered they brought them back, so I've been going on a binge lately, and it's unhealthy not to stop at some point.  In the past week, I think I've bought five bags and gone through three of them. After this, however, I'm going to force myself not to buy anymore. It's not because I'm worried about getting burned out, but because I have to draw the line somewhere to prevent things from getting out of hand. **Parallels with Hive Investments** The same can be said for my pursuit of passive income on Hive. I thoroughly enjoy posting, but I also want to earn a passive income even when I don't feel like posting or I'm unable to post. Since I started on Hive, I've made it a point to invest. With us being in a bear market when I joined, it's been a great buying opportunity ever since. As we come out of this cycle and have now entered the bull market, things will start to become more expensive. **Taking Profits** The danger becomes similar to my love for these chips mentioned earlier. I want to keep buying, but when do I stop? When do I start taking profits and realizing some of the gains from my efforts? (Created with Bing) I thought it over and came up with a decision. I plan to start taking some profits after I've been on Hive for one full year, which will be at the end of October. I'll still continue to reinvest some of it, but I certainly need to start taking some profits so I don't miss the opportunity. While I'm tempted to spend it on some fun things, I'll likely reinvest it into hard assets, like gold and silver. As much as I enjoy the digital assets I've accumulated here, I also want hard assets I can have in hand should the need arise. With as crazy as things have been with most governments overspending like crazy and inflating their fiat currencies, it seems crypto and metals are the only viable safe haven options without delving into real estate. It'll be interesting to see what happens in this bull cycle and what profits are there for the taking. **What's the "line in the sand" you've determined is ideal for taking profits?**   Do you like stacking gold and silver? - [Join us at SGS](https://peakd.com/c/hive-136819) - [Chat with us in our Discord!](https://discord.com/channels/355978573124861952/355980784198352897)   Are you new to Hive, or know someone new to Hive, and want help and support? Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members! - [Join us on Hive](https://peakd.com/c/hive-193566) - [Chat with us in our Discord!](https://discord.com/channels/1190475304389587005/1192933087303180388)
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