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RE: Did you expect a pump today?

in Olio di Balena6 hours ago

I don’t follow anyone on Twitter or other social networks. Truly insightful analysts are very rare, and reading everything indiscriminately—I’ve been through that—wasn’t enjoyable. I disliked it because reading analyses from so-called "gurus" is confusing. Whether you want it or not, what you read influences your mindset and can ultimately affect your trading plan. So, I prefer silence.

That said, I do check market prices several times a day, including HIVE. If I see a significant pump, I might sell something depending on the level, but it's a small portion of my allocated amount. Also, all HBD earnings from articles are immediately converted into HIVE if the price is around $0.5.

While I acknowledge the possibility that HIVE might drop below $0.5 (to $0.4, $0.3, or even $0.2) and I won’t have stablecoins to buy the dip, I’m prepared to endure this period of drawdown. My view is based on the current market phase and the belief that we are on the brink of a crypto frenzy. Because of this, I stay calm about any corrections.

In the future, as time passes, these corrections won’t even appear significant on the charts when looking at larger timeframes. Small movements are an option, but my primary focus is on market cycles.