Price goes down, stake goes up.
Who doesn't love a good bear market?
Oh yes.
Those people in it for the short haul. The ones looking to pump and dump a token.
To buy the next shit coin and see it 100x so that they can get rich.
So then who does a love a bear market.
The buyers and the builders.
The ones with a long term plan who know what they are trying to achieve.
Now, I won't say that I love a bear market but if bitcoin crashed to 10K I wouldn't be unhappy. I would be buying one.
That's because I know what the plan is and want to hold it for the long run. I know that it will still be here in ten years and with a diminishing supply that it's a scarce commodity which will only get more valuable over time. Any crash is temporary and is an opportunity to get into the game for smaller buyers like myself.
The same goes for hive. I already been here for five years and will still be here in five more. Unless something drastic happens in the meantime then the eco-system will still be here in one form or another.
If the price drops back to 10c like last year you can be sure that I will be going in heavy to increase my stake for the future. And in the meantime I will keep increasing it daily by turning up and helping to grow that eco-system so that it keeps gaining value.
That is because I have a long term plan for Hive and my stake in the system. I know what the plan is and want to be ready when others find out about what we have here.
When they say look for a hidden gem, this si what they are talking about.
The funny part is that Hive is hidden in plain sight. Even funnier is the fact that we have been shouting about it to everybody that we can see for the past two years but they are still looking for the quick gains and the next LUNA.
The good news is that we are already here and can keep stacking while it's still so easy to do it.
I remember joining STEEM back in the day and seeing the accounts with 100K plus and wishing that i had joined a year earlier while votes were flowing like wine for hundreds of dollars.
That I had bought stake at 2c when it was really cheap to get started.
Then we had our chance two years ago and I took my chance to build the account to a decent level. Some took it and some didn't.
If we see that chance again I think a lot more people will have the confidence in Hive to buy up larger stakes in the eco-system.
When the price goes down you will see a lot of stakes go up form the long term planners.
Posted Using LeoFinance Beta
Truth is you understand the market and how it works so it Favors you not a lot of people understand these things that is why they don’t have a developer mindset. Great work being here 5 years I am a newbie here I am still trying to find my way
It is true that experience makes wise those who have a lot of time. But even someone like you, who may have a few months, can accomplish a lot if you research and soak in information, most people don't understand anything because they don't seek to understand only easy money.
Posted Using LeoFinance Beta
Even if you don't learn another thing, know that the time to buy using disposable income is now.
If prices don't keep falling, then they will go up and down in a more or less alternating pattern for a while; this means that over time things go sideways, so prices will average out over some period.
This is the time to make money, but it's in the bull market when you actually get to say "hello" to that money as you cash out either to take profit or cash out for that warm sandy beach in Brazil or Barcelona.
Posted Using LeoFinance Beta
I can't say that i understand the markets but i have been around for a while and have seen this play out before.
That is why it doesn't scare me.
Most of the profit that i have at this stage comes from buying at the bottom of the market.
You learn over time how these things go.
Posted Using LeoFinance Beta
I'm with you on this. Like they say, it's the best time to buidl and so let's keep showing up.
Posted Using LeoFinance Beta
And in what currency are you building?
Posted Using LeoFinance Beta
None other than my HP :) With the current market situations, all other investments outside of Hive are left untouched.
Posted Using LeoFinance Beta
It's always the best time to build as the hype fades away form crap projects and then we will see the real projects grow in size and gain attention.
Posted Using LeoFinance Beta
You are right, too many will disappear during this tough times but the real ones will stay.
Posted Using LeoFinance Beta
Greetings @niallon11
For many this is an ideal time , for no other they only see blood shed for the low price . no doubt that accumulating token is a great idea in the medium term and I share it , Not every day from bad you get good .
thank you for sharing your publication
I like to dollar cost average in times like this.
Keep buying all the way down to the bottom and all the way back up to the top.
Then when the prices come up you will have a nice profit.
Posted Using LeoFinance Beta
I fully share your opinion, it is undoubtedly the best strategy to be followed.
Bear markets present the best opportunities for sure.
Posted Using LeoFinance Beta
And more in Hive, where each publication you make is paid 4 times more than HIVE POWER.
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.
I am with you too.
I wish that I've learned and joined Hive when it was new. But I can't do anything about that, the only opportunity for us new on Hive is when the price goes down. It's a golden opportunity to buy at a price that is the same a years or months ago. :)
!1UP
Posted Using LeoFinance Beta
It's OK. Even Sean Connery missed out on both Gandalf and Morpheus.
Posted Using LeoFinance Beta
You might be new right now but your still far ahead of the majority.
There will always be older users and newer users but what you can do now is to learn and to grow. Even buy a little if it suits you and start climbing up the ladder.
Posted Using LeoFinance Beta
Thanks for the encouragement. :)
Posted Using LeoFinance Beta
You have received a 1UP from @thecuriousfool!
@leo-curator, @ctp-curator, @vyb-curator, @pob-curator, @neoxag-curator, @pal-curator, @cent-curatorAnd they will bring !PIZZA 🍕
Learn more about our delegation service to earn daily rewards. Join the family on Discord.
PIZZA Holders sent $PIZZA tips in this post's comments:
@vimukthi(2/5) tipped @niallon11 (x1)
curation-cartel tipped niallon11 (x1)
You can now send $PIZZA tips in Discord via tip.cc!
Mate it's just getting better. When the price used to dump all the good writers left. Now they are sticking around and I read quality every time I log on.. I don't even have to hunt for it. This year is the first year I've been 100 percent convinced it's just getting better investment wise.. rather than 80 oercent 🤪
The same goes for hive. I already been here for five years and will still be here in five more. Unless something drastic happens in the meantime then the eco-system will still be here in one form or another.
Same as myself, although I'd probably need it to drop closer to 5k to buy a full one, but for now I'll make do with the 0.05 I have and keep on stacking my Hive. Sometimes I feel like coverting all of my Crypto assets to Hive, as it is my only asset that grows in ways other than inflation, but I'm a believer in diversity in my investments, so I have not taken that leap of faith just yet.
Amen brother, our generation and the one before are sceptical and can't see it yet, but the fully digitally immersed cohort coming up behind us will embrace this big time, so we have a golden opportunity to grow. If we can get to over 100K Hive power and the masses arrive, we could be set up for life. Now equally that may never happen, but it could very well happen, so I'm willing to plan for it happening and if it doesn't I'm diversified, have a good dent put in the mortgage and get paid monthly in Fiat, so I'm protected. It's all about having a strategy, with some safety valves built in.
100k is the next big target. I would love to see a flash crash for hive to 20c and trade my HBD for it. Easy 20k hive right there.
I am living off crypto at the moment so this does hurt me in the short term but luckily i've pulled out a good few dollars this year and can survive for a while in the bear market.
I don't mind going back to a real job for a while if i nee dto but the long term plan is always stacking more hive to be set in the future.
Posted Using LeoFinance Beta
You are well set up, I know from reading your posts that you are strategic and always looking to learn more and branch into new areas. How is the blockchain course going or is it finished now?
I agree. When the price of Hive dropped, I was more than willing to move some HBD over to Hive. I would probably move more but I want to make sure I got enough for one of my goals first. Just continue to build if you believe in the project.
Posted Using LeoFinance Beta
Lol, that meme in the end :D
Posted Using LeoFinance Beta
I saw it and though it was perfect.
Posted Using LeoFinance Beta
This is a great time to grow the stake in not only HIVE; but also many other related projects like POLYCUB, LEO, @splinterlands assets etc. The only problem that I can think of is cashflow issues an surviving life IRL until the bull market comes.
!PIZZA
Posted Using LeoFinance Beta
Damn! Never had a full bitcoin. That would be my chance! :)
I actually love the bear market. In the previous one, I was too much of a noob to realize the potential, and I was almost depressed on the way down looking at how my portfolio got hammered.
The way things are going, you may be able to buy 1.000000000000000000 ETH pretty soon. If you had a bit more cash to spare, 1 BTC may be within range as well-- or use ETH as the stepping stone to 1 BTC. If you can get 1 of each, even better! Not financial advice!!
Posted Using LeoFinance Beta
Good point. But I had more than 1 ETH more than once when it was cheaper. I may still do. Never bitcoin though.
Posted using LeoFinance Mobile
If we crash in this one i'm going in hard for the next bull run.
I won't rush in if it's just a flash crash but if the values keep dropping until the xmas then i will dollar cost in all the way down and come back as a whale.
Posted Using LeoFinance Beta
BULL MARKET?
I don't even know what those are tbh LOL
!1UP
My plan now is to work with futures and achieve a capital of $1000 to buy HIVE at a good price, I hope to do it this week haha.
Posted Using LeoFinance Beta
Patience is the name of the game
Posted using LeoFinance Mobile
Always has been my friend.
Posted Using LeoFinance Beta
I'm with you on this. I don't think "they" will allow hive to get that low again. I remember not buying in the 20's as I then in the teens. Since we are heading in that direction I would say I would start buying at $.25.
Posted Using LeoFinance Beta