The market did a thing today and I took advantage of it to pick some really cheap $Rune, if you’ve been following my blog you’ll know how $Rune bullish I am,....I was just thinking that this post aged well before the Markets happened and rained red on everybody, Bitcoin went down by what? Over 30% upon the former 15% and took the entire market along with it, a bloody Wednesday morning it was.
Remember when I said that thing about higher highs and lower lows in this post, for the first time ever, I took my own advice and the timing was just right, I sold the highs of $Rune at 20$, even though it went over 21$ right after! and I bought back at sub17$ levels, and more at 13$ so I successfully increased my $Rune position.
Again, remember that time I said I was trying to save during this bull markets but it’s been so hard passing on the gems I’m stumbling upon?.... Yeah so since that time, I’ve been trying to actively put some stable coin aside, but guess what, I’ve bought Rune with em all, am I not amazing!
Except for the 100$HBD I recently converted from my $Hive holdings, my plan is that....should the price of $Hive dip further, alongside $Leo tokens, it will open up a nice opportunity to pick them really cheap, and while the price of $Hive and $Leo has held so far or hasn’t fallen to my expectation, I’ll wait, if it doesn’t reach, I’ll hold the not so stable $hbd still, which is okay...
.....lol I mean, depending on the magnitude of the next run, the not so stable $hbd might net me some profit riiiiiiiiiiight???????! So win.
It’s interesting how I perceive some sort of increase in people’s confidence about this bitcoins dump, maybe it’s because of Elon’s tweet that suggested Tesla was not selling(🙌🏽💎)....during the heat of the dump!, or maybe people are just more generally informed than before.....
Or perhaps people have gotten acquainted with the pattern enough to understand that this is just another bump in the road,.....markets being markets....and all....
Another possibility I see is that, due to number of crypto OG’s present in the crypto sphere these days, most understand what’s going on and somehow their friends and family are feeding off that understanding, my friends and family aren’t panicking because I’m sure not, I’m just 1 out of a million or a few hundred thousand people. Do the maths..
Or maybe we are all just in one big hope-ium WhatsApp group, and I’m so high on hope that I will intelligently craft legit reasons as to why the bull run is not over...., so maybe we are all high on our different grand reasons to convince ourselves that the bull run is not over! It’s funny because if its true, some people just got in last week!🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂😂OMG!
It’s funny because I remember when I first got into crypto, SBD was 8$, Steem was like 6$, at some point, i actually did buy Steem, at the top! And I was happy about it till the dip hit, it started like this one, we all thought there was still more highs to make, pffft, I even bought more Steem at 5$, at 3$....at 1$.....😫😂😂
Anyway....jokes aside.....
This is my honest opinion.....
For the projects I’ve been intimately invested with, Hive, Leofinance, Cub, Rune....though the ratio of their uniqueness does not reflect in the present price of the tokens, they are gems, so bull run or not, it’s about the continuous growth and building, till the flippening and the markets absorbs them because that’s what markets do.
If this is the kind of ground you’re standing then you have nothing to fear,....if the ratio of developments going on within each project in your portfolio is in tandem with the entire vision of why we are all here, the open sourceness, the freedom, the responsibility, the self sovereignty,......name it.... then you have nothing to fear.
What ground do you stand?
Or maybe this is all just Hopium at work,....me creatively carving reasons as to why we aren’t in the Bear period just yet, I mean, With Bitcoins current value, Tesla is at a loss with their investment, why will they sell? One big hopium whatsapp group we are all in isn’t it? 😂 lol, but of course...
🙌🏽💎😂😂😂
Just joking again....Micheal Saylor announced that Microstrategy added another 229bitcoins for 10m$....I see only bullish signs,.......but maybe I’m only seeing what I want to see. You?
Thanks for reading....
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If it is not yet the end of the bullish race, this is a market game, if you are a trader, make the most of it, if you are an investor stay away from the charts or it will give you a heart stop jajaja hodl.
Lol....I’m a noob trader, investor by profession, trader by hobby lol...I don’t think it’s the end of the bullish race either
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The cryptocurrency market can be difficult to predict sometimes because there are several factors that plays a role in determining the direction of the market,so many negative news have been released earlier this week e.g the banning of cryptos in china..and it actually led to panic selling which now made the price to drop too..
How many times will crypto be banned in China fgs! Aren’t they used to it by now? I thought that by this time, people should be aware enough to not fall for these fuds
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I might have to agree with you that it is a FUD and we should be careful and make sure we do not get carried away by negative news..