Hello Hive.

As we all have learnt that the bear market is a builders market where everyone is expected to HODL their tokens since they have been devalued by then and selling means that one is ready to accept some significant amount of loss, it seems almost impossible to carry out this simple task and today we are looking into some of the reasons why.

Builders market requires that at this point we have either so much of stable coins or some external fiat we are looking at throwing them into the crypto space.

Looking at some practical examples from hive and hivers, I have noticed that alot of powering down is occurring at this time and the reason might be blamed on the bear market.
If I need any little money as small as $30, I will have to sell close to a hundred (100) hive to get that amount if the price of hive is $0.3 cents. Imagining how much it took to save/stake a hundred hive only to throw it off just like that is worrying.

Not keeping enough stable coins to last throughout the bear market.

The problem is not far fetched, in the crypto space, alot of people do not practice what they preach.
Not many are keeping stable coins as we speak,everyone want to multiply their stakes and have invested it all. Only few are able to buy or save crypto at this times.

While the HPUD was going on I had the privileged to look into some of my friends wallet and noticed how almost everyone is powering down at this time, the value of hive is so low and there is severe biting needs for money. Hence alot of people are powering down and selling alot of hive to meet up with what they need.

Personally I have alot of challenges at this period and would have powered down to solves these issues but am looking beyond crypto space to some external sources and side hustles that will provide the monies needed for such.

Not having any external source of finance.

Sole dependence on crypto can be dangerous especially if we are seeking to build. Anything can happen to crash our stakes if we do not have a backup or some external source of finance.

We have reversed the idea of the builders market and accepting a crypto loss is better that allowing any emergency to crush us down.

Those who have succeeded in keeping stable coins end up not keeping enough amount to last throughout the bear market, maybe the years or timing is not predictable and the amount you have kept ends up not lasting for a year, while the bear market lingers into two or three years.

How Emergency needs crash our crypto stakes

Unplanned emergency spending are another of the reasons we do not hodl or build in a bear market.
Issues beyond our control always come up.
And I can bet that not many people have insurance cover against some issues. The odd is that we say alot of prayers to not breakdown during a bear market, we pray that our cars do not crash or have a fault and wish that nothing bad happens as long as the bear market lasted.
If I happen to fall into an emergency needs at this time to the tune of $4000 this means that all my hives stakes will go into that and am left with absolutely nothing.

Emergencies are Unplanned but having a solid plan in place ensures that its effect do not reflect in our crypto holdings.

Inflation makes bear market unbearable.

Inflation is an enemy of bear markets.

This can also be a major factor in determining if we are able to build or save during a bear market.
Money have lost its values and commodities are rising in price, meaning that I need to unstake more money to meet with the high cost of living.
Having Inflation and bear market side by side can cause a total wreck of our crypto holdings especially if we are more dependent on crypto for a source of living.

Following this circle can make one linger in the crypto space for long with nothing to show for it.
Repeated circle of not able to save up in bear market, missing out of making more money in the bull market since there is nothing to dump and probably holding the wrong token that never yields anything good.

What has been your plight and the greatest challenges you have faced regarding building and staking in a bear market.