FEAR CREATES OPPORTUNITY
Maybe I am not so inclined to wait any longer for #hive to drop in value to acquire more. Lately the sideshow from the way crypto is behaving, got me thinking the boring bear is taking its time. In a bear market not all stocks will drop. Some will due to the reaction of being weak, while some will rebound quickly afterwards. If you are not new to crypto you can be proactive that this is not the last or the first bear market.
I recalled vividly 2017 going after. It was an event many forget by now but it shaped many to prepare and get the best from crypto. This cycle exists to help everyone. It is hardly nonchalant to think of crypto as a way to make money out of thin air. During the rise of crypto in the early pandemic time, many companies profited handsomely by investing huge amount. Yes BTC alone captivates the market with $60k for a short moment to fall back where it is today.
Bear market helps to differentiate holders of crypto and investors. Hard to find investors these days. They are fearful and losing is not part of their vocabulary. This is where opportunity is knocking for holders to step in and fill the void. While I am saying that not all crypto that fall down is the product of the bear market. It is just market contraction. Lack of liquidity among exchanges forced the tokens to trade at a lower value.
#Hive fits this profile clearly. Yes price is down but not where it is out of contention. #Hive is still pricey and steady moving up from time to time. It should not stop a holder to slowly pack your wallet. The minute the scenario changes Hive will be right there to grab digits.
With fear you tend to spend less. You are worry where the bottom is. In crypto losing is no fun. It is already hard to make headway.
Since most of us lack the priority data when bear market ends, you have to find indication to time the market. We all know by 2024 things will be a lot different than today. This is a good two years in prospective. I think we will have a lot of situational aspect of the market.
As more folks worldwide coming over to crypto it is a leverage that will work on holders advantage. This is no fun to hold not knowing when 10X is coming.
This is investment 101, you buy low and you sell high.
The elephant in the room, you need cash. Luckily Hive takes care of this headache for many when you come over and render your service to the blockchain.
Not every blockchain can pull this off.
If you are here in Hive, double dare yourself by posting in Leofinance or elsewhere in Hive-engine to maximize your input.
This is a long road for those who can take this analogy to the wallet.
Keep the vesting moving.
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Timing the bottom is more like trying one's luck, DCA seems a better way to solve this issue, just constantly buy coin(s) you believe in and let the market do its thing.
For those of us that can't do DCA, Hive solves this!
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Keep on posting and hope for the best upvote ever.
Let me say it this way. If you know your posts bring tangible elements to Hive you can be sure you will get upvotes.
!BEER
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Thanks for the 🍺 and the advice 🙂
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View or trade
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.I remember reading some comments several months ago that they were looking for an opportunity like the one we have right now. Though there are analysts who forecast that the bottom hasn't been reached yet, for me, no one really knows about the future direction of the market. All we know is that the price of HIVE today is far lower than its price months ago. If I was buying HIVE when it was $1.00 and up, what would prevent me from buying it now at $0.45?
!CTP
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Good call!
As long you have liquidity you should buy at all time to weather the market.
Hive is absolutely a bargain knowing a dollar plus is coming in the horizon.
The sentiment is fear not knowing if this is the time.
Personally I look at the funds I have a round and time my purchase since I may not be able to do it all the time.
!BEER
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Below $1.00 for me is always a buy.
!PIZZA
It looks like you think of HIVE as a stabletoken that is profitable when bought below $1 each. 😅
Have some !LOLZ! 😁
lolztoken.com
The letter H
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@rzc24-nftbbg, I sent you an $LOLZ on behalf of @savvytester
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No, I am aware of the difference between HIVE and HBD. It is profitable if you consider the ongoing development and future prospects built on this blockchain. I am not buying HIVE just like other layer two tokens for short-term gains. God willing, I will continue to do this three to five years from now. Perhaps, at that time I will be looking to 2022 as the bargain window when many are still waiting for the floor price.
I just said that you think of HIVE like a stabletoken similar to HBD, not that you confuse HIVE with HBD. 😅
What do you think of the 20% interest on HBD savings? 🤔😏
Have some !CTP! 😁
Of course, I like it. But for now, I don't have much firepower so I have been using my HBD to buy HIVE. However, if I have extra HIVE for my power up, I want to grow my HBD too. HBD is good for those who have big funds.
I wonder how much for you is "extra" HIVE and "big" HBD funds. 🤔😅
Have some !CTP! 😁
Extra is just enough for my monthly Hive activity such as powering up, powering up LEO, and buying other layer two tokens. 100 HIVE I think is ideal.
As for HBD, 1k is already big for me; and is that good to hold for 3 to 5 years?
!PIZZA
Putting 1,000 HBD in savings for 3 years at 20% interest compounded monthly will give you a profit of 813.13 HBD. 🤓 For 5 years, the profit is 1695.97 HBD. 😏
Thanks for the !PIZZA! 😀
169.59% yield in 5 years. Good enough.
!PIZZA
It's important to regularly claim the HBD interest on your savings, or you will get slightly less interest than what I showed on my previous comment. 🤓 Anyway, that's #NotFinancialAdvice! 😅
Thanks for the !PIZZA! 😀
Anyhow, still have a long way for me to have that amount of HBD.
!CTP
You can start with just 10 HBD in your savings. 🤔 That's equivalent to the daily minimum wage in the Philippines. 🤓
In 3 years, the interest of 10 HBD in savings will be 8.131 HBD; in 5 years, the interest will be 16.959 HBD. 😏
Thanks for the !CTP! 😀
3 more for I now have close to 7 HBD. 😆
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
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If the price of HBD goes down to $0.93 each or lower, then you may use HIVE to buy 2.822 HBD at lower prices to complete your 10 HBD mini-target. 🤓 #NotFinancialAdvice 😅
Thanks for the !PGM! 😀
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
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I will only exchange HIVE for HBD if the price of the former will go above 1 USD. If not, I will just accumulate HBD from the author and curation rewards.
!CTP
By waiting for HIVE to be worth above $1, you will be able to accumulate HIVE (or Hive Power) faster, though you will have less funding to buy Hive Engine (HE) tokens for your HE goals. 🤓
Thanks for the !CTP! 😀 Have some !LUV in return! 😁
@savvytester(2/4) gave you LUV. H-E tools | my wallet | discord | community | <><
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10 to 20% of my 40 USD monthly savings will go to HE token and 80 to 90% to HP. 😆
!CTP
That means it will take you 4 to 9 times longer to accumulate a specific value of Hive Engine tokens than reach the same worth of Hive Power. 🤓😅
View or trade
BEER
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