Further crypto market crash, I remain cool headed
Nine months ago I would have argued we will ever see Bitcoin touch 30K again let alone 23K hours ago, waking up to a dip of this magnitude just when you think the market was beginning to recover for a bullish momentum and then the opposite is the case.
It is really disheartening witnessing the state of the crypto market in this condition.
Hive exhibited a good momentum the past week peaking at 60 cent, the last 24 hours saw Hive dipped to a low 36 cent. A look all over the crypto market reflects blood.
At this stage we can only wonder at what price level is the bottom for Bitcoin, since Altcoins depends on its movement. No one can tell, we can only speculate and watch on.
I am only concern at what price level is the bottom, the thought of Bitcoin going to zero is none-existence to me.
There are news all over the place, go to Twitter and you will find the ones that never read Bitcoin whitepaper but are quick to tell you Bitcoin is going to zero.
At this stage all I can do is watch on, I will be on the sideline watching the dip, no funds to pick my favorite cryptos on sale, every dip is a sale since no one knows the bottom for perfect timing.
And for the crypto I can accumulate in exchange for my time on Hive I am not taking my foot of the gas, I have targets to hit.
I remain cool headed, no thought of hitting the sell button.
Gif by @mariosfame
We owe it to ourselves to make Hive great
Image by @doze
Posted Using LeoFinance Beta
Scary to see… I would have though 28k was the bottom but nope… it went even further. 😳
But staying calm is best. It will go up again. We just need to hold on to all the assets we have.
We are in it for the long run. These dips do happen.
🤞🏻🤞🏻🤞🏻🤓
Good day to you Joe, enjoy your Monday 👋🏻
Posted Using LeoFinance Beta
I was expecting 27K though but 23K comes with lots of pain lol.
For some of us, we are not dependent on crypto now so we can afford to stay calm. Hopefully for those surviving through crypto earnings things turns better soon.
Thanks Jackie, a good Monday to you despite crypto market crash.
Posted Using LeoFinance Beta
Yes, I understand. Those who are surviving through it are the ones that are hurt most… sad times. Hope it pulls up soon again. 🤞🏻🤞🏻
You are welcome Joe 😁👋🏻 Thanks so much ☕️☀️
Posted Using LeoFinance Beta
You are welcome, enjoy your ☕ 😉
Posted using LeoFinance Mobile
I sure will 😎
Posted using LeoFinance Mobile
Awesome 👌
Posted using LeoFinance Mobile
You are having something nice and cold to drink?
Posted using LeoFinance Mobile
Jackie, I don't want no cold drink now 😃
It's cold, I just decided to get into bed now my feet are freezing I can't seat in the couch any longer lol. Now my feet are warped in blanket.
I had coffee 2 hours ago though, will be doing tea later on 🙂
Posted using LeoFinance Mobile
I still think the bottom is below $20k. How much lower? No idea. If it breaches $20k there may be a relief rally but where the bottom ultimately settles is anyone's guess.
I recall Kiyosaki predicting 17k bottom of course this are speculative guesses but we not far off 17k or 20k. Can we just bottom and start recovery process already!
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
🙌🏻💎
HODLing hard 💎
Posted using LeoFinance Mobile
Excellent! Me too! 🙋🏼♂️ And Shopping a bit too.
Oh sweet! What are you shopping on? I wish I could shop too 😫
Posted using LeoFinance Mobile
Mainly BTC, ETH and Hive. Bit of Matic too.
Those are the the real stuff, I might be moving cryptos around to accumulate some COTI but not a move am motivated to take yet. I will be observing the market
Posted using LeoFinance Mobile
Every dip is a sale. This is the most valuable concept. There was an exchange happening at that time. Someone was willing to catch and take your bitcoin at those prices... and what are they going to do with that coin?
Indeed, they will not sell and therefore Bitcoin will never zero. Easy like that.
Exactly the thought of Bitcoin going to zero is not some thought worth entertaining.
And like you said someone is willing to take my Bitcoin for fiat which I will be panic selling, its all about who is seeing beyond the present.
Posted Using LeoFinance Beta
Congratulations @joetunex! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 22000 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Thank you @hivebuzz
Posted using LeoFinance Mobile
Continued waiting requires patience.
!PGM
!LUV
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@joetunex, @brianhuang(3/10) sent you LUV.
wallet | market | tools | discord | community | daily
It is going to take lots of waiting by us so we've got to be patient otherwise we can't survive this space
Posted Using LeoFinance Beta
!LUV
@joetunex, @brianhuang(1/10) sent you LUV.
wallet | market | tools | discord | community | daily
Thanks for the motivation, I was wondering what is happening. Im glad that there is some recovery today...
You are welcome bro, it is a very rough time for the market now, still not as bad as 2018 though.
Posted Using LeoFinance Beta