Hodling || DCA || HIVE || Splinterlands...

For the last few days, the crypto market has been giving a mixed vibe, where some are speculating this could be the last chance to grab your favorite altcoins before we could see the bull run, while some are even saying this is it for BTC and we are going for the pitfall. Lets explore what is happening!

At present, Cryptocurrencies are going through a phase of transformation. There was a time, when people had different opinion regarding cryptocurrencies/digital assets. It is slowly transforming. People are seeing the importance of privacy, decentralization and overall how crypto can change a person's life in positive ways which a traditional job/business will never be able to do! Yes, there are precautions needs to be taken. That is important in every sector of life.

To be precise, lets consider business. When you are in a business you should be aware of which type of business you are getting into, will it be profitable in this quarter, how much stock should I acquire before the demand grows up, is this season perfect for my goods, how many stuff should I keep, everyday how many hours will I keep my business everyday, when should I buy and sell my goods etc.

If everything above that I shared can be done in business than why can't you implement most of those criteria into building your own crypto portfolio. You should study the market, get to know what is actually happening, why you are adding a particular crypto into your portfolio, how bullish/bearish is the market, is it the right time to buy/sell, how much of your portfolio are you willing to risk, do not get overwhelmed by the situation of the market in addition do not be paranoid.

THIS BULL RUN IS GOING TO BE AN UNEXPECTED ONE!

• Lots of institutional money is flowing into crypto. Which was not available during the previous bull run. Although, this has attracted people outside of crypto to dive into the crypto universe. This has resulted into several big institution injecting their money into crypto. The giant Blackrock is among many of the big institutions which is playing a vital role in the current market.

• Education regarding crypto is very essential. Or else this market can engulf your portfolio very easily. Even in this bull run some people will make millions while some people will just loose their portfolio. Which is why educating thyself is an essential path to your success.

• Buy high, sell low. Yes, you are reading it right! There are investors/traders who are going to go through this phase. Ultimately, buying their favorite crypto when it is at peak, when people are talking about it while selling it at low when they notice they have taken a loss. But instead they should be doing the opposite. Buy when the market is low and just wait for the market to go up.

• DCA. This is an essential method of gaining your favorite crypto in the best price. Lets be honest, nobody knows when is the best time to buy crypto. Neither is anyone aware when is the exact bottom. Which is why, if you are planning to buy 1000 dollars worth of token, split it into 5 ways. And buy it at 5 different stages. This way you will able to utilize the money in your favor.

• Do not panic! As the reaction of yours decides what will happen to your portfolio. Analyze the market and just go according to plan.

PORTFOLIO!

I have made my portfolio is such a way where I would eb able to utilize them at its best. At least that is what I believe. I have added tokens/coins based on different criteria. Team, community, value, upcoming events and so on. Which is why HIVE ecosystem got the outmost priority from my end. It includes HIVE, SPlinterlands, HBD and few other tokens within the ecosystem.

My POV is Splinterlands has a long way to go. This is really not the end of it. It has survived the bear market and the community is utterly dedicated towards this game. In addition there are users who are accumulating SPS even at this price. Which I definitely think is one of the best price to DCA. Yes, I also am buying in this current price to DCA my position is SPS. I would like to attain a certain position of SPS in my portfolio. I will achieve it if SPS hover around this price. I believe in this project and hopefully it will support me in the bull run like my other alt's.

HIVE is no different! Hive is definitely a must in the portfolio. We know what the Koreans can do when they target HIVE. And make no mistake HIVE will print money to its users. In addition HIVE is slowly getting the focus that it should have got. In a recent event with Binance there was a Tweet regarding the staking of HIVE assets. That was indeed a nice push. Although we require much more presence in the crypto universe.

Best regards

Rehan

Want to play & earn from Splinterlands

Join via, My Referral link

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