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RE: The Importance Of Hive In Bearish Situations

in LeoFinance3 years ago

Bear or not, people should be prepared for all situations. It's one of the reasons why I like having a balanced portfolio and I don't mind taking profits if I need to. I think HIVE is fairly good but it seems like everyone is talking about different layers of support rather than how to deal with it. Personally I think BTC is dragging down the market as it goes down and the true support is probably closer to 30k.

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It's more of a psychological thing. A lot of people are care-free during the bull and this is because they have this feeling that they're in abundance, hence they don't need to prepare for a bear they don't know when it'll happen. Nevertheless, like you, I'm prepared at all time.

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