Just when we thought that we might just be slowly creeping into the bull market, the market decided to dump massively, good news is, if you have been waiting for the dip so you can buy the dip, here is another opportunity, but if you are like me that have bought all the possible dips they wanted to buy and dont have any more liquidity to buy more dips, then just sit here, fold your hands and watch the market like I am currently doing. I have been in crypto positions where holding was the only choice I had, I trusted the process and it paid off. That taught me a very big lesson that being patient is really rewarding only when you are being patient on the right project.
I am more concerned about Hive, because when the crypto market is crashing, the Hive coin crashes along with it, but when its pumping, it doesn’t pump as much as it dumps. Few months ago, the price of bitcoin got above $30k and we were really excited about it, hoping that may be by this time, we will be seeing a $40k bitcoin price. Still ironic how bitcoin at $26k is causing some panic but 4 years ago, Bitcoin above $10k was a huge win for us all. This shows the amount of growth bitcoin has seen in this past years.
It will always feel like a heart breaking experience when the crypto market comes crashing, especially when we don’t have liquidity to buy the dip. But when you have liquidity to buy the dip, a crypto dip is always an opportunity to acquire more at a cheaper price. Since there is no liquidity, hoping for a bull run is all we got, this way we can feel good about our portfolio. Assets with true utility and use cases will always survive the bear market, because as long as they’re utility, people will always find a reason to utilise regardless of the market condition. Anytime the market breaks your heart again like this, just zoom out, and see the progress, although it seems like the bear market has been on for too long, we all can’t wait for the bull market to see the value of our assets increase and keep pumping so we can feel good about ourselves.
Posted Using LeoFinance Alpha
Id like to buy in but life is expensive 😞 I'm lucky to have enough to throw around in splinterlands.
life is truly expensive my friend
I also love to buy at current price but unfortunately don't have funds
so sorry to hear that
No problem brother my real assets are friends like you, I hope I will get out of this situation and become successful in future, right now I am trying different options like NFTs, cryptocurrency trading, decentralized social media etc
keep the hope high brother, everything is going to be alright