This Is The Time To Work Twice As Hard
Today got me reminiscing about the good days of Bull run, life was much more smoother and things came easy, you want to make 15% gain on a coin, all you have to do is long it or buy it. Sit down, wait and you are in profit, but right now, you just have to sit tight and wait for the bear turbulence to be over. Well, this particular experience seems like it’s more than a turbulence. During the Bull run you could literally get money anywhere, from your Defi stake, your play to earn yield, your trading profits, there is always something there for you to take home while you sit at home.
Although during the last Bear run in 2018, there was no DEFI, play to earns weren’t as rampant as they are now, but today we are lucky to have things that still give us yield while we wait for the market to be on the Bull side. It’s no doubt that in Bull run you work less and earn much more than you work. For instance, let’s bring back out memories to the moment the price of Hive was $3.4, currently the price of Hive is $0.34, that’s ten times lesser than it used to be. If a curators upvote is worth $1 right now with the current Hive value, this means that at $3.4 the value of the upvote will be worth $10. So if you are making a post right now and you are getting some valuable votes, this means that if we were in a Bull run you should be getting 10X that value.
But we are in a bear market and that is currently impossible, if you have an HBD goal you are trying to achieve, you just have to work 4 times as hard as you used to work to get at least half the value you used to earn. But if you have an HP goal, this is the best opportunity to achieve that HP goal you have always wanted to achieve for so long. During the Bull market, my HP earnings from author rewards used to be 40 HP or 50 HP but HBD value is more, but currently, my HP earnings are ranging in 3 digits, and my HBD earnings are low.
In my opinion, this is a very nice compensation for the bear market we are currently experiencing. This means that I am taking the opportunity to fill up my HP bag and acquire my HP goal faster. This just shows another aspect of life that proves that we can not always have it all all the time. I guess this is the perfect time to build, accumulate, buy the dip if you can so you can have a good rest during the Bull run. In that time, your problem will be finding the best part to take profit, who knows, the crypto market cap might just get to $10 Trillion.
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It will just happen one day. Thanks for this reminder. I havent been opening my cex accounts even for thw past two weeks.
Why though? Trying not to look at the market bloodbath?
Im just not logging in cause I just rebalanced my portolio two weeks ago. And my biggest bag is shiba and now it also gave in. Probably next week, ill look and see if I can move some.
You are still making the same amount of interest and funds that you would no matter what price is.
However you're just going to have to wait a while until price goes back up enough for it to be worth selling a little bit. Don't worry the market will come back.
Yeah, I believe the market will bounce back, Just trying my best to accumulate as much as i can.
Are you using our decentralized trading platform? Hopefully you are and are already apart of the diesel pools. If you're not I'd love to teach you how to make money off of the tokens you've already got here.
We have some huge opportunities and currently right now I am super excited that I'm able to complete quite a bit of my investment goals now that market has dropped a little bit.
Leverage everything you've got to make more during this downturn. Make a larger amount for your portfolio
I will love to learn how to use the diesel pool. I have not used it.
https://discord.gg/eCbmskUJWN
Here's the link to my discord room I teach a bunch of people how to invest and grow and we all can then make some more...
Yes I am doing this right now. Giving all my post 100% Power up. I hope to double my current HP during this bear market time.
That’s really a smart move, although I have both an HP and HBD goal, so my HBD earnings will
be going into savings
I also set my post reward setting to "Power Up 100%" these days.
As cliche as it sounds, fortunes are made during bear markets. I am enjoying the discounts and stacking coins and stocks. Good article.
Yeah, same here, thanks a lot for stopping by.
Sometimes I feel so lazy or unserious on hive. Because I felt this time there might be no upvotes or something. All I do is just to keep on reading on inspiring post like this and I do not make any post for days.
Nah, you shouldn’t feel that way. It doesn’t cost you anything to share your knowledge. Even if you don’t get as much upvote as you expected, don’t think about it too much. Just love what you are doing and forget about the upvotes, although the upvotes feel great when they come. But love and passion for writing on Hive will keep you going when the upvotes don’t come.
Oh yeah... that's absolutely true. I love writing and reading and that's what brought me into hive. Thanks so kindly for the words of encouragement.