_{*This is true in life as it is when investing. Clarity of purpose, processes, and context will help you find your way in the chaotic, but potentially rewarding world of crypto trading and investing.}

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OF SHILLING and HYPEMEN / WOMEN

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Crytocurrency enthusiasts are a hopeful bunch. They often set lofty goals and targets that you wouldn't have thought to be reasonable if you weren't in the space, especially if indicators, economic situations, government regulations, a dash of hopium, a healthy dose of FOMO, and some inside info were somehow to be found within one's circle of contacts.

All of this spells big goals and promises with the mitigating circumstances painstakingly verified and reviewed for the sake of sanity. At this point in time, aiming for a 1000% ROI wouldn't be absurd. But, is it?

The fact of the matter is, we don't know for sure, 100%, what will happen at the right side of the chart. No matter what youf five indicators tell you. It can easily go down and downhill really, really fast if you don't move quickly enough. If you do not put in stops. And if by chance you are manually trading a pump and dump scenario, then fell asleep at the apex of the upward price action movement for a pair that you've been watching the past few days. That would be devastating and many cautionary tales can easily be found on social media that tells us how to avoid being sucked into this FOMO. Then there are the urban legends; legendary trader / investors hitting it big with a nice, solid investment at the right time, which got back more than 2,000% returns in a short period of time. And, in essence is what all of us in the space desires: astronomical ROIs.

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Investing in Hive Engine Tokens

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In one of my latest moves, I've invested in #DUO Tokens, which began selling at 0.5 Hive per DUO for the first tranche of the token's release and is now selling at one (1) Hive. Going by the jump in selling price, upvote, dividends, and tipping bot call ups, I'd say it was a solid investment considering that DUO launched only a few weeks back and I'm getting good dividends and upvotes. Given that Hive is now at a 2021-ish levels low, it has the potential to moon. So I was thinking that with the right circumstances, my initial investment could potentially net returns of 500% in the short to medium term. And if I wait long enough for Hive prices to trade back up above $1 price levels, a 1,000 % ROI isn't entirely out of the picture. Is this wishful thinking? Maybe you guys could help me find the answer (@romeskie @tpkidkai @adamada @wittyzell @demotry. (*kailangan daw mag-tag ng limang baka interesado sa project para makasali sa pa-kontest/raffle nila.)

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Massive Correction

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Sadly, FUD had overtaken the markets recently with a recession looming in the horizon. Stock market corrections are spreading like wildfire, which had investors spooked enough to pull out large chunks of capital from exchanges. Naturally, pulling out of digital assets to protect their capital was inevitable as it had higher risks versus traditional investment instruments and stocks.

In the last 24 hours, BTC dipped to 49k levels and Hive moving downward at 0.14 cent levels. It's really alarming. On the other hand, this might be a really good opportunity to open positions at bargain prices, even at this early stage economic downturn that could turn into a full-blown recession depending on how the US elections turn out, escalation of the Israeli-Palestine war, rising tensions in the West Philippine Sea, and the Ukraine-Russian war, among other significant events that could influence how we live our lives in the next decade.

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Conclusion

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Finally, I also see massive opportunities whichever way it is that we want to take in our crypto investing and trading journey. It's like somebody had clicked on a reset button and we are back to 2021-ish levels. At this time, we should be very careful about how we handle this situation since we don't know how long this economic downturn will last and how big it will affect the cryptocurrency arena. We have been here long enough to know that even the best gets #rekt so take it easy and see the world for what it is, be humble and listen to the words of the wise, know our limits and limitations. Self-awareness is the thread that keeps us from falling into the abyss of trading mistakes and costly decisions.

That's it for today. Things are looking bleak in the next few months. Hopefully, this setback only gets us one step back, before surging ahead another two steps forward.

Love and peace,
@juanvegetarian

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