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RE: Dip Of All Dips .:. #MyHiveGoals 2022 Edition!
I would say that this complete economic crisis will be much bigger than we saw in 2008... Unfortunately, the only thing that we in crypto can do is to HODL and wait... We can say that it's LUN, CEL, or something third, but in the background, it's a lot more...
Yesterday in my post I said I didn't want to sell some SPS from the diesel pool at those price levels to max some more cards. Looking at today's prices, that would have been a good decision. :)
Yeah, that's what I was thinking when we had that discussion in the comments regarding the SPS price... We have a lot more time of suffering in crypto, and every token pays the price of Big Daddy Bitcoin...
I think that @achim03 taught me that lesson... What we think is "low" is just a relative thing... Sell, and re-buy in a month if you want... I doubt that the SPS price (in our case) will have a huge pump in these uncertain times... ;)
!LUV
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Oh, most certainly. That was just a financial bubble bursting. This one is a real economic crisis, with deep implications in the longer term.
That's very true. We rarely 'catch' the minimum. And it can be very unprofitable chasing it on the way down.
I have to agree.
It seems I'm always here for the tough lessons lolol
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@gadrian, @ph1102(2/4) sent you LUV.
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