HPUD & The State Of The Market
June was a turbulent month for cryptocurrency; we went from bullish to completely bearish. April and May were bullish, with the ETF and all of the talk about BTC hitting 100k to BTC falling below 60k after surpassing its ATH and peaking at 74k; however, the merry-go-rounds ended when we began to see sudden dips in June.
Altcoins were completely toast, and it seemed like we would just slide back into 2019. June has arrived, and despite the fact that prices have been consolidating for the past week, many people remain concerned that we will see further declines. They are not wrong. I do not think the dip is over; I believe we will have one more major dip between July and August, but August will most likely be flat, and September as well.
Overall, I believe the market will remain flat for two months before picking up in October. So, there may be dips in July, but August may be flat, with a slight dip in September, before the market finally picks up in October. I believe that many people may have left the market because there is still a long time to wait. It is not that long in reality; for someone who has been waiting for over three years, a few more months would not be too bad, but people have been waiting far too long, and I do not think they want to wait any longer.
Because of this, many people will exit the market before then, leaving the market to adjust and dust itself. For the time being, I believe the market will dip slightly, and we may see some boring price actions and inactions here and there, but we will be fine.
It is the first of July, which means one thing: HPUD.
I have already seen a few power ups here and there, so I decided to do one as well. It is been a busy week; I have been trying to run my family amidst the constant rain that has been falling for over two weeks, I have been to the hospital a few times, and I am still out, trying to figure out a lot. However, I make an effort to maintain my Hive goals as well.
I have been away hunting for airdrops. There are hundreds of airdrop projects out there, and I will need a lot of money to buy Hive before the market launches. Bills are piling up, and there is always a sense of uncertainty when this happens.
Back to Hive, it would be foolish not to stack it up right now; many people will probably regret it later. This is not financial advice; it is simply ordinary advice. Hive price action has been nothing short of gloomy and depressing for the past two cycles, but the speed with which it has turned around is nothing short of amazing. I am not claiming that this cycle will be similar to the previous two; I am simply stating that it would be extremely risky to forego the potential gains that the market will bring in 6 to 10 months by failing to accumulate now.
This is the optimal time for accumulation, and in two to three months, it may be too late. Of course, it is depressing to accumulate. It is never easy to watch what you are accumulating drop as you accumulate more; unfortunately, this is the only way you can do it; there is no other option.
Powering up is another method for accumulating.
I have not been doing any big power-ups lately, but I am taking it slowly because I have a lot on my plate right now. However, I was able to power up 200 Hive, which only slightly increased my Hive power, but it was still progress. I have been curating a lot in my spare time, especially while in the hospital or just idling and doing something else.
I am curating more posts, particularly from people whose content I find interesting and who generally engage with my posts.
So, I am not sure if my analysis of the market's current state makes sense, but I believe there are numerous possibilities for the market to turn out this way. Have you powered up? Try to do so today.
Interested in some more of my works
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It hasn't been easy at all seeing crypto dip so much recently. I'm also trying my best to accumulate Hive despite the market swings. I still keep powering up any bit of Hive I get. We'll probably just have to hold on for the potential gains later this year. Glad to see you again brother !HUG
I sent 1.0 HUG on behalf of @theringmaster.
(2/3)
It's the right time to actually power up, you're right in doing so. So many people do not understand how to really take advantage of the market, and I'm glad you're doing better than most..
Wow brother you just motivated me all the way to the skies hahaha !LOLZ infact right after pressing send on this comment I'm going to power up some more Hives
Well, it's not a financial advice, just an ordinary one. I wish you all the best
Thank you so much bro
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The market has been very up and down and alts taking more pain on each dip providing many bargain opportunities. September should be a good month after the summer and I am also quite hopeful then!
Yes, September might just come good, however, historically September have not always been a good month, but then, it should still be better than what we currently have.
Only the brave and determined ones are in the market right now and still holding their tokens tight. I heard the pump may be crazier in July
Let’s see how it goes but I don’t wish so😅
There might be no pumps till October, the market is probably going to do more sideway movements, however anything is possible.
!PGM
!CTP
!LUV
!LOLZ
!ALIVE
!PIZZA
I think it's a good time to pick up cheap Hive, at some point it will rally back to at least thirty. Rough month is an understatement!
How are you doing?
I'm rooting for the market to begin rallying in two to three months time, it's just about time. It's been a long 3 years of waiting for the bull market
I'm here, it's just been raining and thunderstorms, it's been difficult to do anything
Rainy days do make it hard to get things done. We haven't had many here lately.
Happy HPUD my friend!
@tipu curate
Upvoted 👌 (Mana: 2/52) Liquid rewards.
Thanks a lot, happy HPUD
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Happy HPUD. I think 200 Hive is a pretty decent powerup. I powered up 100 Hive and it all adds up over time.
You're right, it's a decent power up and I've been doing it for over 4 months now. Congratulations to you too.
Congrats on the 200 HP powerup! I only added 10 more to mark the day since I have a different plan that hopefully in the end will also lead to increasing my HP more significantly, but will be more sinuous until then.
You're probably right with your market analysis. While we can't know for sure the short term details, it seems improbable to experience a major uptrend before October.
Thank you, 200 HP is all I've been doing for 4 months straight or even more, and I just like how it adds up nicely. If I actually get to earn some money from my airdrop hunting I might buy 500 or 1k or so.
Definitely, I think the market might just remain flat and even dip a little till October. I just feel the market will remain like this for a while to the fraustration of many people.