Having The Bear Market Humble Moment
The bull market was filled with a lot of increased in dollar value of tokens, good times when you could see the value of your tokens go so high, you could have less tokens but higher dollar value. I remember making financial plans based on my crypto holdings because I knew it was going to moon, I could spend money just any how I liked because all I had to do was look for an undervalued low cap coin or token, which hasn’t hit an all time, buy it and watch the value of the token skyrocket. But its a different case today with the bear market right now we are in our humble phase.
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I am currently earning more crypto tokens because I am trying to accumulate, during the bear market, things are way cheaper, but if you have an offline job where you earn fiat, then you have a better advantage of accumulating more. Bear market is the moment of humility, you have to reduce your way of spending and depend on yields. But at the same time you have to be careful so you don’t go spending all your tokens before the bull run. I have cut my budget to the minimum, I dont go spending before I start spending my coins and tokens I am supposed to be holding for a long term.
This is the best time you will be glad you had your tokens and coins earn passive income for you. Although the value will be lesser, but that is the bitter sweet experience of being in the crypto world and being a cryptoneur. You admire every pump you get these days, even if its 10%, the highest pump I have seen recently is about 30%, this is. Pump that we neglect during the bull market but massively embrace it in the bear market. Looking at the price of Hive, I can’t help but laugh at myself when I was too confident to say that the value of Hive can never get below $1, look at us now on 50 cent. Last null market the value of Hive was at $3.4, that is about 6.8 times down from the all-time high. I have this feeling that the next bull run is just around the corner, that is in 2023, probably towards the end of 2023, so this is the best time to accumulate as much as you can.
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta
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This is the best time to accumulate, and keep building for what is coming
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That is right
Bear market is the easier time to earn and accumulate than in a bull market. I like to see the bull market as a token multiplier and the bear market as a token divider. So the more tokens you're able to accumulate during a bear market the higher your multiplication number when the bull market comes.
While reading this line I saw my second monitor on but wasn't getting used for a long time and so I pressed the power button to shut it. Hahaha, I was triggered all of a sudden and did that. It's actually true, things get easier when we have a stable fiat earning source, otherwise, it's kind of frustrating, and counting times is kinda hard when we don't have any passive earning sources.
I won't mind seeing hive to the bottom at 10 cents again, that's where I met it for the first time. During that phase, we used to see the 1$ mark as a dream for hive and it did hit 3$+ so for the next BULL I can hope 5$ for sure. As you said, now is the time for accumulation, and that's what I am trying to focus on how to fill my bags before the next bull appears before us.
It was a good read.
Thanks a lot for your comment. i also met hive at 10 cent, but i want to see more, $10 price would be a dream come true.
Let's hope for the best. 😍