Does this suck?
Yes. Yes it does.
Is it the end of the world?
No. No it isn't.
Markets are marketing - so suck it up. If you have cash to spare (or burn depending on how you look at it), buy. If you don't but are watching your crypto holdings bleed value by the minute - hold.
Or sell.
Perhaps crypto is dead and you best get whatever value you can take from your holdings now, just in case. Or perhaps you can sell now and buy back at much lower prices later, and double your stack, and make insane gainz on whatever you have. Will they be insane, or just better than not crappy?
Depends on how much you hold.
When asked "how much crypto do you have?" I think the answer is always the same for me.
Not enough.
I wouldn't mind some more right about now - though what I would buy with doesn't motivate me. We have booked the landscaper to start work in August and that is going to be expensive. But, damn that would make a nice little buy about now. Of course, my wife would never agree to that, especially as prices fall, because she would be scared of there being no recovery.
Risk and reward.
What are you willing to risk for what level of reward? What kind of timeframe do you expect to get the reward in? How much will you pony up?
In my experience, a lot of people on Hive aren't willing to actually buy Hive. They complain about earnings and they complain about price too. When it is up they say it is too expensive to buy and they have missed out. When it is down that Hive is dead and they aren't willing to spend on it. One of the drawbacks of Hive as a token is that it is relatively easy to earn from the inflation pool without investing anything but time, and many people don't even invest much of that in either in order to earn.
Easy for me to say.
Because I do earn a little bit on Hive, yet I also keep investing it into Hive and Hive people also. I have been buying with my HBD for months now, which is a bit annoying because I could have bought a lot more. I wasn't expecting it to go down to 16 cents, thinking that 22 was around the low, but hey, it doesn't matter too much if it is going to be a dollar, two dollars or five dollars one day.
One day.
Like many, I used to think that crypto was going to give me a big pay day one day, but I have given up on that a little. Not totally, but I see it as more of a game from the monetary side now. It could pay off and I "win" or it might all collapse into the mud and I lament not selling earlier, or getting into it in the first place. Regardless, that is life. Sometimes we get lucky and sometimes we get kicked into the testicles full force. I have been kicked in the testicles a lot in life.
It is amazing I have a child.
But as frustrating as the price can be at times as it impacts future plans, life goes on and without crypto, I'd still have to work anyway. So, what actually changes? This is different for those living off their crypto earnings and trades, but that is a risky position in such a volatile market at the best of times, let alone the worst.
One day I will wake up and everything will be to the moon - or it will be zero. At this point, I am banking on moon, but I am not going to put a timeframe on when that moon might rise, or when the sun will set. I will just take a peek every now and again between living the life I have.
Taraz
[ Gen1: Hive ]
Enjoy the ride, but always take something like 10% from the profits and stack it in the bank when the time is right.
Yeah, the 10% won't do much for me - so I just roll it back in.
I am certainly not worried about the current value of HIVE, I am more than sure that a substantial increase is coming which will compensate. Worried are those who have made The Hive their space for extra or indispensable fixed income. Since my arrival, I have considered this space as a virtual place, a place to adventure, to meet people, cultures... To spend some time commenting and receiving replies for or against (I haven't minded).
Relying on it for income is silly. Many do though.
Buying is tempting. Holding is scary. Selling for me is not an option because I think that I would just use that money for something and later would not have the funds to buy back Stake.
It seems unlikely that I will be able be to gather that 1000 spare euros I would love to have right now but maybe I will still buy at least few hundreds Hive. It will not be enough but at least it would be better than nothing.
I think selling is scary :D
It is never enough, but I don't think most people are willing to buy regardless. I have seen it many times before in the past.
It's a good thing I don't need my crypto now, and I have faith it will all recover and more by the end of this year. Hey, you can probably answer this - what exchange is a good substiture for ionomy? In NYS, I can only use KYC exchanges.
I don't actually know about the exchanges for the US - I think they are all KYC now?
I'm willing to risk all my money. I've done this before. I'm willing to spend $70k and buy ETH at $400 and HIVE at $0.05. It's nice to be a whale in Hive :)
Whale status would be decent - I am still a few hundred K short :)
I will try not to overtake you, let you become a whale before me :)
Of course I hold and will hold, but tbh HIVE has made me disappointed. It is a coin based on a great project, does not deserve this price.
Yep, it is disappointing. What irks me at times is crypto people talking about decentralization - yet spend all their time on centralized media.
I just bought some the other day. Wished I'd waited. Oh, well. Guess I will grab a little more maybe when it drops to .15 or .10.
I'm here for the ride.
It might be an interesting ride - or it might be the worst ever!
Ah I just used most of my HBD the other day as well! I’ve got a tiny bit left that I’ll use as I can but it would’ve been nice to use it at these prices lol. It’s all good though, these markets are getting rid of the paper hands. I think as well now that poopy pants president has been turned on, they are dumping all kinds of markets to destroy him and his team. It’s all a set up and long game with these crazy people in power.
This is what the markets are doing I think too.
👏 Keep Up the good work on Hive ♦️ 👏
sagarkothari88 to upvote your post ❤️
🙏 Don't forget to Support Back 🙏❤️ @bhattg suggested
Crypto's so unpredictable brother. I'm holding onto my HIVE, but it's tough seeing the value drop. Let's hope for a turnaround soon. Funny how you said, market are really marketing as usual
!PIZZA
$PIZZA slices delivered:
(4/5) @prohive tipped @tarazkp
It sucks but there is always hope for crypto
It isn’t dead and this is the best time to stack up more
I’d keep my fingers crossed
The kinda question I would love to ask probably even if it's a zillion cryto it is still not enough
I think we should take it easy with Hive it's not its fault it went down with 0.1$ It happened to all cryptos too soon everything will bounce back
I’m still new in the crypto world and I’m experiencing my first bear market
I don’t have much in my portfolio but I’d keep on holding and stacking up more Hive
Almost all of crypto is down because BTC is down. People are saying, when BTC goes up Hive/SPS/DEC barely moves, but when BTC goes down they fall as well. Most of my portfolio is on these three, so things haven't been fun lately. But at this point, I'm with you, it's basically moon or zero for me too. I just powered up half of my liquid Hive, and I'll keep on buying Hive with my HBD.
Me too buddy, me too! If not, I'm not going anywhere. BTC or bust.
Interesting share! It's true that most people think the way you described. I used to think like that, and view price as an indicator of what's doing well or not. But these days, I go back to the fundamentals and look at the utility. Prices are crazy sometimes (I mean look at memecoins haha). Not too concerned about the current volatility, but I do see quite a number of people freaking out.