You are viewing a single comment's thread from:

RE: Why Hive is the best place to be in a bear market

in LeoFinance3 years ago

After quite some ups and downs over the past years, I stopped caring less and less about these dips. Only hard thing is to keep from buying more assets too early while things are going down.

I feel that the fear I see here is mostly caused by all the posts about this fear. Its good that you put things in a more positive note :-)

Sort:  

I too have gotten more used to it and just laugh. But the people I know who only started buying in late last year looks like they're sweating a bit...

I think what we're seeing is the effect of more institutional money and speculators who don't care about the foundation or change aspect,only the opportunity to make money off volatilit. They will keep on pumping the prices higher when there's a Bull market, creating the high spikes up and down that we see, while a growing number of people coming into crypto and seeing its value sustain the more steadily growing foundation seen by the bottoms of each cycle still coming down at a higher level than the bottoms of cycles before it.