Bear Market thoughts

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It is no news that the bear market is upon us. Btc is currently at $16.6k, Eth at 1.2k, hive at 0.32, it's all down and there's no indication that it may or may not continue to go down, all we can do is watch. Then there's the Ftx situation which has added to the FUD.

The Crypto skeptics have begun coming out once more, this is their time, they have started talking and spreading FUD as they often do. While we the crypto users and investors are looking at our assets and thinking about when they'll return back to the heights they once were.

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The experienced people In Crypto already know not to panic and are holding strong in this time. Some are now filling their bags with assets they believe in because they know that once the bull market restarts it could make them very wealthy. This is not the time to be a paperhand and sell your assets. In the long run the diamond hands are those who make it.

We all know nothing comes easy and for Crypto to grow we need bears like this to weed out the bad eggs and all those who don't have a strong foundation.

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As for me I've made up my mind not to be a paperhand, but to hold my assets tightly no matter the turbulence.

I'm quite lucky to have hive where I can earn some extra tokens by posting and interacting with others. And the price being down doesn't necessarily have to be a bad thing. As long as I'm not looking to sell now I can get a lot more at a cheaper price.

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I hear people say Crypto is a gamble and I laugh and say, what isn't? Life itself is a gamble. You just have to choose what you feel is more likely to succeed and in the end only time will tell whether or not you made the right decision.

I'll leave you with a very popular saying by Robert H. Schuller

Tough times never last, but tough people do.

Be tough, we'll get through this.

~THANKS FOR READING~

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Posted Using LeoFinance Beta



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Money comes and money goes. Stocks go up and stocks go down. The dollar goes up and the dollar goes down. Isn't this just how things work with investments really? And with finances in general?

I don't know why people panic so. Really. But maybe I'm old and have seen things move around a bit and then rise again.

Not our ZAR though :) That is just goin' down down down.

I reckon it's a good time to buy. That's my plan. (Not financial advice because I know squat about money!)

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Up, down, up, down, on and on it goes. I think the people that are scared are those who are still relatively new to it (probably joined during the bull run), so seeing it all go down it seems like its coming to an end in their eyes.

hehe, it's a good time to buy into currencies that are strong. Not all will survive :)

!PIZZA

Posted Using LeoFinance Beta

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I hear ya!

I have my faves and now just need to find the fiat to convert asap 😈

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