Color of the Day is RED, Magic Word is Patience
Woke up groggy to see a groggier market! Most coins dwindling down, some dropped to 50% even. Quite a brutal scene to see early on a Tuesday morning but hell, what can we do in times like this?
Cry? That would be good to the soul, it clears out the eyes too and we get to see a little clearer.
On checking the crypto market charts, I noticed something that boggled me for a little while. TerraUSD took a really bad hit losing its peg and dove down to 68 cents! All the while I thought stable coins can't go to such level but it turns out, they actually can. This cub has so much more to learn in the crypto sphere!
(Screenshot via coinmarketcap. No copyright infringement intended.)
With all the downward patterns in the charts, I'm now wondering if the bears finally took over. But then I think we are again at another point in time where our patience, resilience and our investing strategies are put to the test.
But it's really good to see our HBD holding at least nicely up there at 94 cents. Just what TM said a day ago, HBD is an Oasis in a Sea of Red.
Amazingly, PolyCUB didn't take a tumble, staying above 20 cents which is good. There's strength in there!
And our beloved $Hive wasn't spared from the harshness of the market and is hovering around 60 cents. And just like what I've been reading, Hive has been there, even lower but it weathered the storm so I believe it will do the same and I'm keeping my grips.
And perhaps the best time to grab some more LEO and buidl, buidl, buidl like only a lion can do. LEO also took some hit (down by 14% in the last 24 hours) although not as bad as the others on the market.
And CUB is now sitting at 5 cents. It's tough to see them down there but I can only look at the brighter side of things thinking that all these red market days will turn into better ones, only a matter of time.
And so I say, buckle up and don't be too alarmed for this too shall come to pass. (Not a financial advice of course!)
Outside the cryptoverse, the equity market locally isn't doing well either. All in the red which isn't surprising anymore.
I haven't really paid much attention to my little investments but decided to have a look at them today. Whilst majority are in the green zone, my overall stock portfolio is in the negative. And so I guess the magic word for me today and all the days to come is "patience" and add to it BUIDL and HODL too.
Thank you and I hope you are all doing good!
Charts & stats are screen captured from CMC, LeoFinance and ColFinancial. No copyright infringement intended. 100522/11:00ph
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STOPCheck out the last post from @hivebuzz:
Aha! That is amazing! Thank you :) Grateful to engagers in the Hive.
You're welcome @ifarmgirl, thanks for your feedback! Have a nice day 😊🌹
And thank you too for being so amazing💗 Have a fantastic day😍
You are exactly right about patience. Got myself a red portfolio as well, so you have company. Just going to weather the storm for however long it takes. I look at it as a good time to step away from the charts and work on my skills, knowledge and courage to post more here.
And cheers to us for looking towards the long-term. And you are absolutely right about taking the chance to enhance knowledge and skills and yes to creating contents too. I only do one a day and the rest is engagements.
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I'm sure we will weather the storm. On the bright side, it's a time to build and accumulate, it's an expected cycle. I already predicted this. Hopefully it wouldn't hurt more than it's done.
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We sure will and definitely a time to keep bagging more if we have the resources.
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We need to have some patience… they go up again.
If people can it is a great time to built some more now 😉
Have a wonderful day today 👋🏻😁
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You are absolutely right, time to build through different ways, buying from our own pockets or get busy creating content :)
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Exactly…
Both will work, and you have to choose the one or two that work best for you 😉
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Yes, definitely :) Good morning to you by the way :)
Thank you so much @ifarmgirl
👋🏻 Good day to you 😁💃🏻
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Thank you and cheers :)
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You are welcome 👋🏻😊
Cheers!
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I !LUV it!
Great to see someone on Hive who is also a fellow COL Financial trader-investor. I actually seldom visit my COL portfolio. Surprised to see that mine is up 8% today.
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@rzc24-nftbbg(1/1) gave you LUV.
H-E tools | discord | community | <>< daily
Thank you and pleased to meet you hehe. That is so awesome! Congrats! hehe, means your assets are doing really well.
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Since August last year, I've been busy here on Hive and even I forgot to post updates on my investagrams account. The last post I made was two months ago and it's not about the stock market but about POLYCUB. 😂
Haha, that happens. Hive is taking our time but it's all good hehe. It's getting difficult to manage many things.
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Yes, I think if not the best, at least I could say we have a better option here. How I wish to see more traders and investors in the PSE would see the kind of value Hive provides.
That's right. And considering this for long term so it's good to keep building it. I have been in COL for many years but I haven't really built my account there and you are right, it would be awesome if more of us will trade and invest there too.
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It's been a crazy day, I even tried selling some hive and it was almost impossible.
I know it's a phase and soon, hopefully, things will rise back up.
It is but true, it will be over, we just have to be more patient :)
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Patience is always important in crypto or else, a breakdown is inevitable.
Exactly :) We have to pile more of it, hehe
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Crying clears out the eyes and will help us see the red pool clearer 😅
The blood bath is insane, every coin on the market took a hit. Thanks to the stabilizer our HBD is holding up alright.
Just as you said, the magic word is patience because there’s nothing to do but wait.
We shall all weather the storm.
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Hahaha, yes! The tears definitely cleans the eyes so we can see things clearer😅
It's quite unbelievable how the market is behaving now but this too shall pass. Correction they say and probably is.
We definitely will. Those who are strong and not get swayed by fear will come out winners.
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Yay! 🤗
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It is better not to look at the charts, sis. And see this as an opportunity to accumulate more amid this bloody river of the markets.
And yep, patience and hold are the words of the day ;)
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That's right, just keep stacking as they say. And I think we are building our emotional quotients too during these circumstances. Thank you amiga :)
I think so too, sis. We are not just staking and holding. But we are also learning to control some emotions and impulses, too. ;)
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Very much so sis. And I think we are doing good on that aspect hehe.
Yep, we are doing good, but better not look at the charts. More red today...
Yes sis, let the charts do what they do, lol!
People seem to forget that there is a distinct possibility of a nuclear war. I am just surprised the crash has not happened before now.
For me there is no point doing anything else but riding it out CJ, people also forget how high the markets went. It is totally unpredictable, there is as much chance in my eyes as Bitcoin halving again or doubling, who knows.
I tell you what though, I hardly see the "buy the dip" comments online ...
Oh jeez, hoping nothing like that would happen. It will be a disaster!
And I hear you Tito Ed, just ride it out until the tide calms. The "buy the dip" is kinda quiet, the roar is on LUNA and UST. It's sad for the people who had their large sums on it when it started crumbling. I read from discord the UST is now at $0.46
Oh yes I saw Binance had suspended LUNA transactions and withdrawals
Well they thought he would never invade Ukraine, so with him anything is possible. It is good you are far away from it CJ. Yea we just need to ride everything out and Happy Wednesday there that is a positive note at least, and I hope that you have been having a great day:)
Terrible times for those who are on it.
It's a wonderful Wednesday here Tito Ed, thank you for that positive note, we need more of that hehe. Good Wednesday morning to you and hope the rain stopped and you have been to your morning walk?
Rain started again and was windy and I got sidetracked talking to an old friend all day 🤣🤣🤣
So no walk infact no pretty much anything!
Oh, the weather seems to be going with the general mood of the market, lol! Talking to an old friend is good though, Tito Ed. Good evening to you :)
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Yes is what great CJ had me practising my Cebuana again!
Yes bloody and more bloody it gets!
Oh, so she's from Cebu! That's awesome. I didn't know you speak the dialect :)
Haha, it's red all over the place.
oo she is from Cebu, that was the first dialect that I spoke (well spoke as in a few words!) and still the words I default to CJ🤣
So cool of you Tito Ed to be able to speak even a few words of it. You're multi faceted hehe. Awesome!
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hehe oo I could actually speak sentences and have little conversations haha not like tagalog!
Very clever multifaceted !
Have a good one CJ
And that's very awesome of you! Salamuch Tito Ed!
hehe oo so was kinda cool to practise again!
Great for you, Tito Ed!
oo it was CJ!
The bearish season is truly upon us and you can notice that panic is in the air. It's worse for people who has Crypto as their only source of income.
About LUNA, it's a very sad experience for those that have that in their portfolio. It's probably worse for those that decided to buy the dip at $30 and saw it crash within 24 hours.
Thankfully, HBD is standing firm.
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It sure is and I think the fear is still there for most people (I'm still working on mine). And indeed saddening for those invested heavily in LUNA and TerraUSD. This is where we see the effect of not diversifying investments.
And yes, thankful that HBD is doing well. And we also need to tighten our grip in this turbulent times in the market.
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HIVE is today even lower! :-(
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Sadly yes. But I found out we get to have more HP in our post rewards. Time to keep building our accounts.
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How so?
By building our accounts you mean...? The answer is probably not that hard, but I'm pretty new to HIVE 😁
Building our accounts mean staking more Hive (HP) and keep engaging and creating content too and not worry about the price of Hive or other coins hehe
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Is "staking" the same as "power up"? If not, how do we "stake"?
Yes, it's the same :)
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Oh good! I just did that this morning. I thought "staking" was something different. Thanks for your patience with me!
That's awesome! Are you powering up everyday?
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I was because I wanted to get my first - what is that called? - PUM, but then I was advised to first get to the 500 HP mark. So I just power up all I had and we'll see what happens. 😁
Oh, that is awesome! You will see how your account will grow faster as long as you stay consistent :)
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Thanks! I'm trying. There is so much that I still need to learn, but I'm encouraged to find always good people - like you in this case - to guide me and help me with little nuggets of wisdom! Thanks! !LUV
Yes, we have so much to learn in this space so it's good to seek help when needed. There are many helpful people here and they don't bite so let's feel free to ask questions :)
Thanks! ☺️
We need to be very patient now with the bear market. I see this time as a time that teaches us to be patient.
Dropped by from @dreemport.
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Very true Hope, and we shall strengthen and pile up more patience :) Thank you for coming over.
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Yeah, you're always welcome 🥰🥰.