We certainly are seeing some of the weaker hands flushed out...a lot of them.
A truly red day. 2022 is not kind thus far in the crypto markets.
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We certainly are seeing some of the weaker hands flushed out...a lot of them.
A truly red day. 2022 is not kind thus far in the crypto markets.
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Yep, not going well at all. Some will feel the pain now. Didn’t expect that the market would go that low now.
2 little ones are gone… but still there with my bigger holdings of cryptos.
People invest with emotion too much and I think big investors know that, but we also see a lot of crap going on in the world ATM people may not want to stay in assets,
Some people may be selling because they are forced to sell, not necessarily because they're scared of prices falling off a cliff. By this time most people in crypto should understand how volatile crypto can be and therefore not panic. Maybe it's people experiences this for the first time; who can say?
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That is true, It is hard to predict why the market is tanking, I just know when the bottoms hits I will buy haha
We all want to buy when the bottom hits, except for one thing: how long before the market hits that bottom?
The markets have been tanking for a feww weeks, but will they keep tanking for another 2 weeks? Another month? Until Spring? Even if we wait a while to make our buys, we may still be paying more for those buys.
It looks as if the best we can do is pick our own floor price and make our buys then.
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That is true, bottom could be any point. I am thinking around 30-32k
From your lips to God's ears. At the moment BTC is a bit over USD 34.5K. Get ready to hit that BUY button!
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Party is over guys.
Time to pack it in.
It was fun while it lasted.
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🤣
Hopefully McDonalds is hiring
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Hey in my city it is about the only place allowed to stay open so works likely taken haha
Time to accumulate boys and girls! Hive is on sale again! $100 buys you pretty much double what you could have gotten a month ago. If you want to build a nice stake, you've got to turn these negatives into positives and add to your positions.
That said, you can NOT use funds you think you might need in the short-term. That's a good way to get rekt. But if you can find some to salt a little away, it's a great time to be doing it.
For one thing, it increases your voting power. Since you can do 20 100% upvotes each day and your voting power will recharge, adding more power to your votes can really help grow your bags.
For a second thing, most of us here think Hive is at least going to $5 at some point, very possibly by the end of the year. Buying HIVE at 85 cents becomes almost a 6x at $5. Buying it at $1.25 is only a 4x. Big difference. If HIVE goes to $10, that difference becomes even greater. 12x vs 8x.
That's one of the reasons I keep adding to my LEO bags at 20 cents. Even the 10 cents between 20 and 30 cents makes a HUGE difference down the road. $100 is 500 LEO at 20 cents. It's only 333 at 30 cents. Again, if and when LEO breaks out and goes to say...$2, that's $1000 with one and $667 with the other. Plus, you again get the added voting power AND there are airdrops to consider where you would obviously get more of those by having 500 vs 333.
Lots of reasons to be excited about this rather than disappointed. I know we would all rather be able to look at our accounts and see them be worth more. But if you're not going to sell anyway, then being able to buy more cheaper is probably actually even better. Of course, that assumes the prices will actually go higher at some point. But that's why we're here. If we didn't think they were, we'd be off in some other blockchain complaining about all the red numbers. lol
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I'm really going to ride with both hive and Leo with my spare funds.
I have been waiting for this moment and this might be the last time we'll see hive below $1.
$5 hive would be a massive pump, more fun if you buy now😊
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Couldn't agree more.
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Well the markets don't always go up. I think people need to really consider whether or not we are in a bear market and for a few months of pain.
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You can’t be emotional and the league of crypto, this is not new but I still believe the bull market is not over. It just a sign to shake us off the bus
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It feels like it will never stop bleeding but then again it also felt it will never stop going back up.
I'm still standing firmly by my $30k bottom prediction. Weak hands will get weaker in the coming days.
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Let's sit back and watch how things turns out in the coming week.
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