And for a minute there I thought we were out of the danger zone. Nope. This reminds me of the last bearmarket where BTC would drop 2% and Alts drop 20%.
Hive right now is trading just above its bearkmarket lows. Right now we are a 20x from our ATH. How reasonable is it to expect that we pull off that kind of jump in the next 10-16 months?
There are plenty alts that each bullmarket dont outperform their prior ATH. The further we drop, the more unlikely that happens for us.. all things staying as they are now (which I hope they wont).
No one said it would be easy getting through this bear and it isnt. lol. I guess venting here helps. Misery loves company.
The funny thing about all this is that PEPE pumping painted the top of the market almost perfectly. People buying into trash while the market is recovering always leads to great things I guess.
Theres also some rumors that the reason we see such a dip in alts is because an institution was forced to dump their alts due to crypto regulations. RobinHood maybe?
I support regulations personally, many of the SEC targeted tokens are securities. Theyre also fraudulent. You would think that would syphon money into alts eventually that are not. The problem is that the crypto investors dont actually care. If they did they wouldnt invest in that crap in the first place. Regulations might "make them" start caring.
I cant wait to see how it is that TRX defends itself.
If rugging your community is the pinnacle of fraudulent behavior in crypto then Justin Sun and TRX are just one step below that.
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Oh yeah and the thing we don't have in common with justin sun
WE WILL SURVIVE AND BE AMAZING he will not :P
My favorite TRX tidbit is when one new dapp came in looking for support and it competed with one dapp Tron core team supported so they told the new dapp to fuck off and refused their access to dev documentation or something like that. 😂
Literally kicked them off the chain.
So much decentralization. haha
At least we can buy cheap Hive :)
If only I had waited... would have bought it up yesterday
there's always next time, I don't think the bear will be over soon
Nah, i deployed what I intended. Bear will last, but it cant last forever.
I'm down quite a bit on the BTC Hive price with more than 2000 Hive I've collected as the rate dropped and without buying enough btc on the way down. Here's hoping we climb back up... I'll hold on to my Hive.
I mean I never even considered selling any of my Hive. I keep to my targets. Im just venting here. haha
Yes Altcoins having a hard time this week but as long as Bitcoin stays above 20k I am not really worried.
Im not worried either, im just mad at stuff from time to time. haha
I'm only looking for scalp longs, Risk management is a must-know to live long in this way.
the future is pepe
kill me now.
what a day, i didnt brace myself enough for this bumpy ride
Wasnt pleasant. It was complain worthy though. :D
Amén.
Like walking on coals. Joy on the other side. :D
A market like this when we see everything in the red is very good for those who have not yet put money into the market and can make very good profits by putting money into it.
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