Hey guys, I hope you are doing well. This is Lucky Ali. As a hive holder, we are mentally disturbed by the recent market dump because such a situation has never happened before in history. This situation was never expected by anyone; everyone was unknown. Many were present when Hive dumped 0.03, but they were not able to buy because at that time, exchanges were not working. So they are saying that they missed this huge opportunity. I agree that this was the opportunity, but that's how manipulation works; otherwise, trumps 100% tariffs announcement on China was just an excuse because such news can't harm the market on this level.
This was a clear manipulation to accumulate coins cheaply. Some people are saying that if altcoins are dumping like this in bull season, then what will happen in bear season? It is better to be silent because nothing is going to happen that we speculate about, because the crypto market is unpredictable and uncertain.
The market is still not recovered
Forget about the other coin, let's take the hive price. Currently, when I am writing this post, Hive is trading around 0.1,3, which is still very low, and the market has not even recovered. This is worse than the bear market. We still have a chance to accumulate Hive and other coins. Look at the layer 2 tokens like leo and LSTR because they are not harmed like Hive, and there are several reasons that we will talk about in any future post. The market is still giving a chance for those who diversified their fund, and they have some funds in stablecoin. Hive remains stable around 0.19, so in this case, you can get a good profit because Hive is available at a discounted price. Other side coins like Leo are also some down, so they are good to accumulate. Do not consider it as financial advice.
WE should not underestimate Diversification
Your investment should not only be in crypto, but you should also have some investment in mutual funds, gold, real estate, and cash. I know mutual funds barely provide a 12% return, but here, your purpose is diversification, so you should not focus on the return much. In conditions like yesterday's crypto cash, stablecoin plays a vital role, so keep some stablecoin with you always. HBD is a great option, so keep some liquid HBD without staking them. I don't suggest you use centralized crypto exchanges because they are risky, so keeping funds in these exchanges is not good.
Conclusion
There are many more things to talk about regarding the recent dump, but here I am ending this article. If you have something to say regarding the recent dump, please share it in the comment section. Also, share this post. Good night.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family ♥ |
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It was indeed a surprise. And, we saw many people regretting for not able to buy in that dip!
What was the sales volume at that lowest point? Could it be someone messed up while placing the sell order?
!ALIVE