DECEMBER IS REALLY BUSY THAN EXPECTED
It feels like there is no time to waste this December with the market. I was expecting a quiet end of the year where little news will circulate in the market. I guess it is purely the opposite in the whole nine yards. Now lack of trust is amplifying #binance token where value is eroding like crazy. It affects again most of the market cap of crypto.
Now the minute you see issue in one part of the financial market, it will spread elsewhere. The Fed adding more to the interest rate disturbs the market in a way. Taming inflation has never been so capital. It shows where we came from even late with the word transitory, to continue to cut into the inflation while hurting others. I guess the goal to reach 2% is still in the making.
Right now we are at 7% and this is a long way to get there. Unemployment is slowly coming down. Essentials are still driving the market. The gap from 2020 is fading away and leave us with the surge of inflation. While December should be solely a holiday month, it is more than that lately.
I have to say business as usual. It has been that way just the difference lately the bear market can be felt by most of us.
Yesterday #LPUD was the mark with many jump and took advantage to support the community.
Today #Hive is tempting. The time is right if you have in mind for daily cost average. I am not sure if the price will go lower but today is the day to make a move.
I read a post suggesting the minute you see the market is heading South, you can be sure it will take the other direction in the incoming months.
If you make a move, take a risk, you probably will get rewarded when the market changes direction. Like I always say risk is what make you bold. #hive is one token that make it the best way possible.
Hard to predict a price floor for crypto. It is so volatile and unsteady, you could easily drop everything and run. Where are you heading?
Got to day it the minute liquidity is lacking, the market is reacting.
In order to understand the value of the bull, you need to experience the impact of the bear.
Hope when the time comes, you grab life by the horns.
Keep vesting in yourself.
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Thank you for your concise and informative write-up and price report, Pouchon! ☺️
Indeed the entire market is suffering right now. We'll get out of this in due time. Those fortunate enough to invest in a diversified manner right now will see the outcomes of their efforts in several years. Don't lose hope, and make sure that you keep your mind and body healthy enough to withstand whatever life may throw your way.
We're in this together.
I liked your ability to analyze, always around these dates the price of cryptos in general tends to drop in value, taking into account that the market is recovering little by little, regards
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You're right it's difficult to predict where price will go. I expected the year to end quietly but then CZ and binance comes with the drama, I think it's time this fud clears, but like you said it's an opportunity to stack up hive, congratulations for your LPUD two days ago
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It's hard to tell where prices will go but CZ isn't doing a great job of reassuring the markets right now. It will go away eventually and I just hope Binance doesn't explode because it doesn't bode well if another large exchange crashes.
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Some people's says binance going to bankrupt soon but I can't believe this news and again start fud in the market peoples again start panic selling in the market. Prices going to down btc again touch 16500 thats not good for the crypto hopefully people's understand this situation and never sale his assects. Hopefully bull market is coming and hive in $. Thanks for sharing.
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Another bomb exploded on this bear market, I wonder how many we can take. I guess we can simply continue building without watching the price if we want to keep our sanity during these times.
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