Markets Crashing, Hold Tight
Do you know with the whole market falling at the current moment, you would think that people would just hodl, The sad reality is a lot of these people are new they jumped in the Doge wagon The TickTock investors.
Sad Truth
Can you imagine getting your financial advice from a tweet even though you know for a fact that influencer is manipulating the market, by dumping on his viewers/followers.
Bitcoin Has died many times
What I find funny is if you believe in crypto if you are an OG in crypto I would say you’re OK because you know that another day one person at the end of the day it’s not going to affect bitcoin or crypto in the long run.
Most Recent Death:
November 29,2021 - ‘Bitcoin Is Nothing But A Ponzi Scheme’
Most Oldest Death:
December 15, 2010 – Why Bitcoin can’t be a currency
Even after Bitcoin has died 434 times and the market is crashing like no tomorrow, Bitcoin and most crypto is here to stay.
Markets go up and Markets go down, this is the cycle of Crypto
It just matters when you jump in and jump out..
All I’m saying is a billionaire is having fun with a unregulated market So it’s OK now I’m not saying doing what he’s doing is cool right, because people are losing money billions of dollars are being wiped off people are taking profits people are losing money that’s the market in ultra speed.
MainStream, China ban
When people realize that a tweet or some death news or even a China ban! this does not have an affect on by and sell then that’s when crypto is going to takeoff right now crypto is not ready for the main stream because if it was this wouldn’t be happening if you say you are crypto is your life type of thing and you are selling at a loss I don’t know…
This shows us that bitcoin and every other coin it’s not really ready for the main stream, And I am super happy to pick up super cheap coins I actually want to see it go below $20,000 I know I know but…
Take profits, learn from each cycle.
Don’t be the guy where you sit I never take profits. You have to always always take profits because when things like this happens you don’t feel so bad.
Bring in more fiat
Right now is a golden time to stock up on crypto, especially on the Hive-Engine market, sure its all red and massive sell offs but remember millionaires are made in the bear market and only realize this during the bull run.
Hive hit a ATH of over 3$ about 2 weeks ago,.. did you take profits and now jumping back into Hive at cheaper lows now, considering we maybe hit a nice floor and wont go below $1 moving forward.. Let's look at Bitcoin and Hive.
Hive Coin Price & Market Data
Hive price today is $1.49 with a 24-hour trading volume of $15,820,644. HIVE price is down -17.2% in the last 24 hours. It has a circulating supply of 370 Million HIVE coins and a total supply of ∞. If you are looking to buy or sell Hive, TokoCrypto is currently the most active exchange.
Bitcoin Price & Market Data
Bitcoin price today is $48,089.52 with a 24-hour trading volume of $28,455,953,547. BTC price is down -2.8% in the last 24 hours. It has a circulating supply of 19 Million BTC coins and a total supply of 21 Million. If you are looking to buy or sell Bitcoin, FTX.US is currently the most active exchange.
Does this mean Hive will go back under a $1?
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I think this is going to be a tough one for people to overcome especially as social media becomes even more integrated into our lives. Just look at the price of gas and how much it still fluctuates to this day over various global news stories.
That's my thinking anyway.
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Personally I get all my financial advice from Tic Tok.. buy high. Sell low. 100% 🤣
Taking profits is never bad but HIVE is still doing fairly well over it's competitors. Also from a point of view from a long term chart, we are higher than we were a few months or even a year ago.
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I'm ready to buy up some cheaper Hive.
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Smart to take profits after every spike. Great to see hive holding well compared to other coins. Would be willing to load up few hive when it gets below a dollar
Crypto is not going anywhere. I’ve learned to take profits, I wasn’t always that way. But I learn from mistakes. I’m trying to drum up some useless fiat to buy some more. Hopefully I can make it happen.
Periods like this are great for miners (and more recently Farmers) to swap produced assets into other "harder" tokens and then watch them "hatch" over the recovery period. Later on you can swap them back into a larger volume of staked stuff like the multifunctional NFTs we've been experiencing.
Compound, Compound, Compound!
Patience pays :)
#NFA
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Those who HODL will win. Let everyone else panic. !BBH
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