Powering Down or Nah? My Feelings on the Dip 📉😢
Hey So BTC is back below 40K which it’s been above since February. Some folks have obviously been shaken out, some folks are in all out panic mode, and some folks are just HODLing...
those hodlers are something else...
If you’ve been holding for a while, you’re still in crazy profit right now even with these dumps over the past couple of days.
I don’t see why anyone wouldn’t be taking a little bit of profits on what they can.
I myself don’t do a whole ton outside of bitcoin, eth, and hive. With hive the 13 week power down keeps me holding, but eth and bitcoin are where I move things around a bit.
Eth has stable coins which are amazing because I can get right back in eth whenever I feel like the time is right, and unfortunately I had to give up a little BTC to pay the big guy.
But other than that, an opportunity seems to have presented itself here. As I true hiver, just can’t let good dip go to waste...
This seems like a really good time to get my posting volume up and gain some extra hive power while the getting is good. Getting busy while interest is down is where I’ve seen the most gains in my hive account throughout the years.
People who aren’t as interested in being on the platform long term will probably take a break for a while which I hope will open up the reward pool for me!
I hope 🤞🏾
And I still like looking at things vs btc which right now looks like a big buying opportunity is coming up.
Hopefully I can get my hands on enough hive while it’s going down to push me through to 5k HP by the end of the year.
If I get there before the second leg of this run and another altcoin season, it will make this the best bull run ever!
But that’s where I’m at with things... really looking to take advantage of this time to build on hive while the markets are dumping.
Just want to get closer to dolphin status each day.
But how are you feeling about the dip? Are you powering down or anything?
Talk to me in the comments and let me know!
🛑 STOP MISSING OUT! 🛑
I'm newer to Hive and Leo but I will be doing much the same! I'm trying to be as prolific as I can without spamming BS posts.
I honestly don't really consider BTC the better option over HIVE anymore. It is going to end up controlled by big capital and whales.... as you said a lot of the little guys-especially the newer retail investors are getting shaken out and selling at losses. I will still HODL my BTC and ETH for now but I can't say for sure if I will continue to HODL them long term. If the trend of capital investment continues the way it has been then they are going to own and control the price on the major assets and can dump on the little fish whenever they want.
Posted Using LeoFinance Beta
Yeah they have the ability to manipulate the crap out of us but I feel like hive attracts a lot of people who see beyond the BS. You can’t commit to a 13 week powerdown if you’re not locked in.
But yeah keep knocking out those posts. I’m gonna make sure the quality is there but my subject matter might be all over the place for a while.
Let’s keep building!
!ENGAGE 10 @dibblers.dabs
Woah thanks for the engage tokens. I keep finding more and more cool functions and tokens on HIVE, I just got some BEER on another post too haha! Every time I log in there's more to discover.
Diversification is the key to crypto right? Probably will turn out the same with blogging topics 😂😅
ENGAGE
tokens.Damn, I love the spirit! Its about the same spirit I'm having right now. When things are seemingly going south it's always great to be thinking long term and thinking of ways to get the most out of the situation. I feel you, man.
Yeah it’s crazy out here man. But it’s a nice time to build while some of the noise has died down for a bit.
You actually won the sbi giveaway too! I sent it through yesterday, I just haven’t done the post yet though....
Oh wow, I won? Great!
🤗
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