HOLDING ANY CRYPTO, AT WHAT RISK ?
It looks perilous at time to hold any currency with decreasing value. It is something you do not see first holding fiat currency since the domination looks stable to the eyes. It seems the word inflation has take the first stage for everyone. In the US you heard it elsewhere but now it is in your face.
Bear market is not even transitory. It is an indication something is not right at the present system where a correction is happening. I have heard #BTC will go down to $20k. I guess it is close approaching and it may happen sooner than later. As you know situation this dramatic shows the effect of supply and demand with liquidity.
It is necessary to think of what you need to hold. You cannot drop everything and go buy gold or else. You need to buy an asset class that can weather the storm. Even #Gold lost $50 today so it is more than we know at the present time. The problem is global and whatever you do you will be touched by this bear movement.
One thing you need to acknowledge today. This is something that was bound to happen. It will make no sense to think crypto will stay up forever. I see why some do take profit when it is right to do so. Since we are in bear country, it is time for some to stand and make small move. Some prefer the daily cost average. You buy a little bit and watch the market. It is a slow but moving way to accumulate.
I prefer holding token like Hive or Leo since it is used to power up and earn curation long term.
Usually when I mention holding crypto it is more appropriate to see what you gain by doing so.
If you have little amount, it makes no sense to hold it in BTC just seating somewhere with no movement. This is why DEFI is another example to put your passive crypto to work.
The market will have different value at anytime. It is up to you to consume and find the right mix for your portfolio. Hive is a great example and glad if anyone finds this community the right mix.
While the bear is being a bear, time is ripe to get some Hive at 30+ cents range. A dollar can get you three. Sometimes the dollar can go a long way. Not sure how long the timing will stay this way but daily cost average always make sense.
Keep the vesting going
Posted Using LeoFinance Beta
I agree 100%. As a hivian, I'm not at all upset with the market because I need some time to accumulate my favorite hive/leo. But not thrilled about my btc crumbs.
BTC is just something these days.
It is best to use it for exchange.
Holding BTC now is like a frost ready to bite.
!BEER
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Watch out for the human traffickers here. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
Congratulations @pouchon! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next payout target is 54000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!