Crypto OGs Don't Feel Dips Like The New Generation
The new generation of crypto users are just being baptized by fire now with all of the volatility and sideways action seen lately in the crypto markets.
With Bitcoin dropping to under $50k once again, new entrants are feeling the pressure of FUD.
To us crypto OGs, $50k is still incredibly high for BTC. We're accustomed to the days when BTC was sub $10,000 and if you've been playing the game smart, you're able to reaccumulate on the dips.
It's interesting to follow the new generation and how their opinion of the market sways with little dips here and there. In this clip, we reminisce on the FUD and FOMO feelings that come along with being involved and invested in crypto.
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The roller coaster ride is scary till you board once you are onto it...you enjoy it...bitcoin current up and down cycle is similar to a roller coaster ride...we are quietly enjoying it and hope the new user get adapt to this sooner. @khaleelkazi
It is what we will definitely find in the world of crypto the inflation and deflation of price which shouldn't be a problem when in the crypto world because it's definitely what one would expect but the aim is to hope for a pump in price when investing in it
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The bitcoin price drop is fun for weak hands and surely a chance for many new entrants however its an opportunity to buy more bc for people who are already in crypto and they have seen many similar drops in the past. The market pattern is never upside and it keeps on fluctuating so the best way to buy is when the majority is selling.
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We are immune
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True and I am also the one who got some amount of BTC when its less than 10k. I did buy some during the covid lockdown and from that time until now BTC has not gone down below 28k USD. With the current price drop, I am not at all worried instead I may think of buying more if it drops further.
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Indeed the rollercoaster ride can be quite scary for the new generation. OGs have rather gone accustomed to this rides and play the smart game by filing their bags. It's all about knowing the times and seasons and maximizing this opportunities.
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We just go with the flow now, the smarter ones get greedy during this period and buy the dip
I remember when I join this community early 2018 everything was booming and after the dip I was confused and surprised but right now after few years I think I understand the game better now
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I just invested in hive
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Exactly, a lot of people laugh when certain investors choose not to sell the top and hold through bear markets but what this ultimately does is remove ALL risk, as the entry is so low that an actual complete collapse is the only risk.
An altcoin I accumulated years ago has dropped 90% since this market peak. I am however still up 1000% and the token is earning passive income. There are few "real" investors in this market.
When it comes to HIVE and LEO I view it as a real investment. I am not interested in price speculative trading. Hold and never sell but at some stage realize a percentage of earnings that are earned going forward through blogging and curation as a form of "profit".
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Indeed but now I'm felling so excited been among of the hive investors now. Thanks for you guys that brought this project
We got so used to cryptos going up and down that we became immune to market fluctuations, as for now I'll be focusing on accumulating more HIVE, LEO, ONEUP etc...
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I agree with the point that new generation feeling pressure of FUD after investing in crypto. Research and following experienced individuals can help them feeling positive and motivated. The discussion or vlog really worth to read specially for new comers in crypto. Thanks for the vlog and blog.
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I could remember vividly when btc were affordable in the crypto market and now despite the inflation of it, still can't be affordable. Thank to the era of Leo Finance community for allowing new users like me to enjoy the benefit crypto market and learn on how to invest on it....
What Dip?
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I’m understanding the meaning of Diamond hands now trying to avoid panic selling my Splinterlands assets. Every day, the value of my collection takes a nose dive. It’s down nearly $100k now, and that’s peanuts compared to others.
Big picture, I still feel like most of my portfolio is way up. Bitcoin’s current prices would’ve been only a pipe dream not so long ago. Hive is holding comfortably over $1.
It’s only a matter of time until we’re on the up and up again and this was just another dip to HODL through.
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Newbies: Oh no Hive USD is now $1.50 USD
The rest of Us: Meh, that's still a good price point. Be patient it'll likely go on another run soon enough.
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Thank to the period of Leo Finance community for allowing new users like me to enjoy the benefit crypto request and learn on how to invest on it.
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I remember when btc was for 10k and it was like for long time.
When it start moving to new ath level everyone was super hyped!
Then another great goal achieved for all cryptos 1$ trillion dollars market cap.
This year is awesome!
For most ogs, if they don't need the money or feel market 180°, they don't sell.
But that's only for the hodlers :)
BTC price is something we should be weary of, I think for the crypto investors this is actually the best time to buy and store BTC... Its deflation is like a disadvantage to some and to some crypto investors it's like an advantage.
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Well, If you take crypto as a game,you would understand better. It's a hard level and you would surely climb. But true, there is fear from the elon musk's holders but I think bitcoin is just getting started. Maybe from $100,000 ,we can see some things changing and can decide.
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It takes everyone a cycle to get used the basics:
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