Markets are bleeding and there’s blood in the streets are you going to just stand there and bleed......

in LeoFinance3 months ago

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Markets are bleeding and there's blood in the streets are you going to just stand there and bleed or are you going to cumulate and accumulate. Corrections, Dips and just an over all market that is not cooperating isn't always a negative thing for those of us who frequent the HIVE BLOCKCHAIN. Many times I have seen flocks of posts being created when the HIVE USD Value is high and on the flip side of that I have seen Content Creators vanish from the HIVE BLOCKCHAIN when the HIVE USD VALUE is low. This is a counterproductive mindset and here is why. When the price of HIVE is high it is harder to accumulate HIVE as curators will adjust their upvote to the USD value in which their upvote gives. For example not that long ago one HIVE was equal to one USD. This means if a whale was giving $1USD upvotes to your content that would be a gross amount of One Hive Token. With the price sub 50 cents per HIVE that same $1USD upvote adjustment will have your post grossing over TWO HIVE TOKENS. If a reader of your blog gives you max upvotes the amount of HIVE you earn from said upvote stays the same regardless of the USD displayed for said upvote. So don't get discouraged by the price, in fact if your main source of collecting HIVE Tokens is content creation don't worry about the USD price of HIVE at all. Simply keep on with keeping on and collecting as many HIVE Tokens as you can because there is an immense amount of potential on this blockchain and when the rest of the world manages to figure that out you are going to want to have as much of the HIVE TOKEN as you possibly can. Have you created a recent HIVE POST? If so, after leaving a comment with some substance share your link and I'll give it a visit and a read (Hopefully others will do the same). Images Source: https://coinmarketcap.com/currencies/hive-blockchain/

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This is the best time to start creating more contents daily.

We get to earn more hive token compared to when the price was at ATH.

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Exactly, a dip is an opportunity to get more.

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good advice during this...
!gif marketcrash
haha
I'd leave a link but you follow me already 😁 thanks bro
!luv

I'll be over to visit your blog shortly :)

!PIZZA

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You always do :)
!gif hellyeahbrother

Obviously this time is the best time to accumulate hive because its easier than now that price is low than when it high but I think some that have lost their investment might find it difficult to cope,one reason I feel people might reduce their activities on hive

That is true but I try to focus on the positive when markets are in the red. Hopefully everyone is following the golden rule of investing (only invest what you can afford to lose).

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Exactly this! The USD value of Hive being lower actually is going to make getting to my HP goals easier since I'll accumulate more per post. I'm also not in the mindset of trying to short or sell crypto either and wont be for at least 5 years. Obviously not ideal but this is far from the worst possible situation.

I recently found out about a new photography based community if you are interested. I'm very junior to the photo world but I have fun. My first post there from my walk yesterday.

I'm on the same page as you. I see this as a chance to earn HIVE at a faster rate than if the USD Price was at highs. I'm on my way to check out your first photo post.

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If I wasn't already all in crypto I'd buy the dip lol

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I hear you....

I'm in the same situation.

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Oh the joys of being highly illiquid.

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As a matter of fact I just did post an article after quite some time.
Market going down means some assets priced in crypto are on a great discount atm
https://peakd.com/hive-167922/@handtalk5/three-play-to-earn-assets-i-m-buying-this-month

I'll be over to read you article in a quick minute. As you pointed out, this might be a great time to buy.

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The sudden drop of prices is really shocking and terrible that has seen so many investment crash especially with LUNA

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It did come out of left field.

Crypto is volatile.

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Thanks for the !LUV tip token.

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!PGM
!LUV
!LOL
!PIZZA

!LUV
!PIZZA
!BEER
!LOLZ

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Why does Davy Jones never bend his knees?
Cause they're always Kraken

Credit: reddit
@bokica80, I sent you an $LOLZ on behalf of @rentmoney
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
(1/2)

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @bokica80, @rentmoney

remaining commands 7

BUY AND STAKE THE PGM TO SEND TOKENS!

  • 10 PGMs in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC / 2.5 BUDS sent and 1 command available every day
  • 100 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC / 2.5 BUDS sent and 3 commands available every day
  • 500 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC / 2.5 BUDS sent and RECEIVED and 5 commands available every day
  • 1000 PGM in STAKE = 0,1 PGM/LVL/ and 1 STARBITS/ MOTA 0,01 / 0,05 DEC / 2.5 BUDS sent and RECEIVED and 10 commands available every day
  • 5000 PGMs in STAKE = PRIZES DOUBLED

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

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What do you call a cow who gives no milk?
An udder failure.

Credit: reddit
@rentmoney, I sent you an $LOLZ on behalf of @bokica80
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
(1/2)

I'm not worried about the dip in price of Hive. I've been here over 6 years now and I'm not running away just because the price drops a little.

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@rentmoney(1/5) tipped @steven-patrick (x1)

Please vote for pizza.witness!

Thanks for the info! It's good to know how all this works!

I wanted to stack more SPS. But I sold some for Hive. Because if Hive rises then I get more value. As I don't think SPS can!

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Just keep building and prices will recover when the crypto market recovers. Of course, there is all the talk about the bear market so it might take a while though.

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are you going to just stand there and bleed ?

yup, even made a meme about it :P

joking aside I did buy some bitcoin