October 11, 2025 will go down in history as a major drop in altcoins. Last night, most altcoins were 2-3 times cheaper than yesterday afternoon. I'll leave these screenshots here as a reminder so I know how far altcoins can fall.
For 1.5 years, I've been saying that HIVE would fall to $0.06 in a bear market. And the HBD peg would be at risk. I don't think a single HP holder agreed with me. It's very difficult to accept that HIVE will fall fivefold when people have so much HP accumulated over years of hard work.
I also buy HIVE, but I know that the purchase price can be much more profitable.
Wouldn’t be a bad idea to have some buy orders lined up for that kind of situation.
Sometimes crypto can still be fun. This was one of those moments. I miss when the volatility was the norm, opportunity everywhere.
Trading with leverage and without stop orders at times like these is a recipe for disaster. I've now reduced my position size and am trading without leverage.
Did you take a rough hit? I stopped leverage trading a while back and went to spot too. But that dump would've been one of those moments that I would've bought the bottom to catch a bit of a relief pump.
I've gotten used to forgetting about my trading drawdowns the next day, analyzing them, and adjusting my strategy.
I'd want to get back into it at some point. But I'd prefer to have minimal risk and hold longer term positions. One thing I hated back in the day was feeling like I couldn't step away from the phone or computer. Just always feeling the need to keep an eye on things. I moved into traditional markets because of that, and also minimised risk with selling Covered Calls. Getting paid on underlying shares is a nice thing ;^)
Did you buy hive? I read that you were gonna buy one million hive at this price.
Give me $0.06 and I'll buy 1 million HIVE. I need 3 days to unstake HBD.
I am also surprised because I bought 1000 hive 15 days ago. And it's price fluctuated suddenly.
nice point out.. I have decided to power up big time and wouldn't mind a nice drop to that .03 u speak of. :P GO HIVE!!