We are all eagerly awaiting the bitcoin walk that occurs every 4 years, as it happened in 2013, 2017 and for some more optimistic 2009 (I don't consider 2009 as there was still a low number of users).
What we are aiming for is a sizable rally peaking in January 2022, with Bitcoin hitting a bearish scenario at $20,000 and an upbeat scenario at $350,000.
So what should we do now? Buy, buy, buy? Sell, sell, sell? Keep our positions?
I will be adept at holding positions and accumulating. I believe that there is now (and never was) a right time to sell Bitcoin, but there are our possibilities in the market.
The most nostalgic (or conservative) say to put only our resources in BTC, I already like BNB for being a binance fan boy, even though I started at Poloniex and Bittrex I ended up creating ties with Binance because it has an interaction policy with the larger user. I think it's the company-customer empathy thing.
I've never been a big fan of Ethereum due to the high value of its fees, so I only use Binance Smart Chain, but I can't ignore an obvious valuation it will have in the coming months, so it's also an asset that I'll keep long.
Besides the 3 main ones (main in my view), BTC, BNB and ETH, I believe we can still explore our darling HIVE.
I wouldn't be surprised if it exceeded 2 dollars, thus having an increase of more than 100%, after all the users of the community are always looking to improve even more this environment in which we are inserted and with the increase it will be evident the mass adhesion of another great part of the world population coming looking for rewards for the creation of their content.
So I repeat, hold your pockets, enjoy your rewards to allocate HIVE, BTC and any other currency you like. It's not time to exchange them for fiat money.
The crypto are worth more than the local currency (obviously if you need it for survival there is no need to withdraw it).
It's going to be a great journey the next 3 or 4 months, and I hope to be with you on top of this mountain watching this vastness grow. I already feel part of the Hive family, and each one of you who interact with me daily has a very special friendship value for me.
Let's climb together.
Diamond hands it is... But I believe other lesser valued coins compared to BTC will do more percentage gains in the coming bullrun
Really interesting perspective. We should always hold some amount of the mainstream currencies like BTC or BNB besides holding the tokens on the hive blockchain. Though I hold a good amount of #pob and I am also holding more than 1% of the #cine, I feel its the time to diversify as well.
Hive has been holding really strong quite lately, so I'm actually not going to be suprised if we hit $2 before the year runs out. Basically I see BTC exploding before the end of 2022
Ste*m hit $8 4 years ago. Hive could surprise us.
i hope at least $2
I also like Cosmos and Solana
I am waiting impatiently for this bull.
Good bag. BTC, ETH and BNB are all on my list as well. Rune is one to not sleep on, read up on it... I see big things for that project and it is still early.
Yes, Indeed. It's definitely not the right time to sell. It's time to accumulate more and more right now, I'm waiting for the market to go green and gaga now because I have invested some good money during the reds this time.
You said it all,it the time when you have to invest and keep so you can reap plentifully...I hope to accumulate as much hive as possible before January 2022.
$2 Hive by the beginning of 2022 would not surprise me... we have some solid use cases in development, to follow up on Splinterlands' success.
Steemwas $0.82 on 11/11/17 and $8.03 on 1/2/18 which amounts to about 10x in 50 days. It could happen again... even if that wasn't sustainable.=^..^=
Thanks for the quality advice, I sure am gonna do as you say.
Imma just hold my pocket hoping for the sunshine to shine on my pocket 😀
Let the bull season hit us!
Yeah! I think holding our pockets for now is the best idea. Thank you for your candid advice, you are indeed a good friend @vempromundo