Hive has been doing some tremendous push lately and the excitement it brings is even better than the pump itself. One of the reasons for this is that a lot of people have been losing, during these periods (including myself) the loss has been constant, and even if they know that this loss Inevitably heralds the bear market, it doesn't make it feel less hurting.
No one is ever prepared for a bear market and this is because we can never be satiated with how far we've prepared the reason behind this as well is that no one knows when any bear market is ever over.
Even if people are prepping for the bear market, it'll still hurt them to see it come, the pain it brings, and the hopelessness that comes with it.
Withstanding The Negativity
This is why some people chicken out when they think we've fallen so low that we can no longer rise again. I mean, it's not everyone who can be resilient when it comes to Crypto in general talkless of Hive.
I mean if people can show skepticism towards the alpha coin, Bitcoin, I guess the skepticism would go round and more for every Crypto and every crypto project out there.
There's been so much negativity about this dip, it's not just about Hive alone but the general crypto sphere. First, some people have gotten or achieved partial financial freedom from the last bull season and they no longer deem it necessary to root for Hive again.
What The Sudden Surge In Prices?
This is because they saw the chain as a milking venture and no longer attach that sentimental value they used to hold simply because they don't depend on the chain again. Since I can't blame these people, I feel that their lack of commitment is why they might need to wait for a thousand bull markets to finally attain financial freedom.
On the other side, I think crypto has found a way to always reward dogged and resilient people and since we feel the Deja Vu of the bear market, that cycle isn't about to change.
Nevertheless, we understand that this surge in price isn't natural, in fact whenever there's an irregular surge like this, we're quick to say the Koreans are pumping things rather than say or think the price surge is a result of the value the blockchain is consistently holding.
The Reward For Risk
Irrespective, we like to attribute the reason for a surge in price to something entirely different and this is because we know that the price will realign with the bear market in no time. So what's the essence of the surge if it cannot hold?
The essence is in the hope it brings. Like it or not, we all need something to be anchored to during a bear market and this is what keeps us sane and going during the dip.
However, we understand the ephemerality behind this surge, but the truth is that it'll bring long-lasting happiness to people who bought at 35 cents and now have to sell at 70 cents. That's twice the reward for being faithful when others are doubtful.
How Many More Bull?
So how many bull markets do we need to attain financial freedom? I think this depends. The next bull market will be instrumental for so many. But the skepticism of the present might deter many others.
One of the reasons why some people might never attain financial freedom with Crypto is because no one achieves anything meaningful without skin and commitment.
We do not need the entirety of crypto to become free, we only need a few to set us up for life, but the bravery to give that blind commitment is what will determine.
Interested in some more of my works?
Crypto & The Outrageous Learning Curve: My Splinterlands Journey As A Case Study
Understanding & Adjusting To The Real Purpose Of Motivation
Thematic Expression: African Child (Shot & Edited On My iPhone 12)
How I Create Original Images for My Blog & Why This is Important
Budgeting: Paying Yourself First With Crypto
Establishing Compatibility: A Case For Self-Improvement
@Josediccus, your brother-in-pen & heart
I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog
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It's hard but I think it depends on how much you invest. If you're just starting, I think it will probably take a few cycles if you invest in something that survives and thrives.
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Well if one's Just starting, it might be difficult, but a few years of experience, here and there and one can finally deduce what works best for them.
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This is my first bear market two years in. I am actually positive generally and it has encouraged me to work/earn more to be able to invest in discounted/quality projects. I really had 0 knowledge when I started but even two years was enough to give me some knowledge that will help me for the rest of the time I have in this space.
If you would like to explain an account of your experience through your cycles I would be very keen to read it and see it from your perspective.
Cheers
I think that one needs to find the mental strength to continue accumulating. I think that many people never build during the bear because they feel Crypto is dead almost everytime. There's really nothing bad about the bear market. You just have to take advantage of the dip and invest wisely.
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Considering I haven't took much profit, I would ask how many bear markets do I need.
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You're technically right because the bear market is what heralds the bull market so one's preparedness during the bull market will actually determines how advantageous the bull will be for them.
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You have raised some good points and agree with all you have said @josediccus
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Thanks for coming through
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You are welcome friend @josediccus
The amateurs fall out because of lack of knowledge I guess
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If properly planned, one bull market can make you wealthy or at least put you on another level in your financial journey. However, people are greedy and we like to spread our wings and fly as high as we can on bull markets, this inevitably leads to the crash and we find ourselves at the bottom. But the bottom is not that bad, it's were you plan the seeds for true wealth.
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I think the first bear and bull market of a newbie is never enough because it's just a phase of experience, I think one might need close to 3 or 4 bull market.
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Experience wise, I totally agree. You first need to develop a thick skin.
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Exactly, although everyone eventually discovers themselves first.
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