HIVE drops below 50 cents, Bitcoin is back at $18k, and Uptober is a few days away, What Are Your Thoughts?

avatar
(Edited)

It has been a tough few months in the crypto market and for so many crypto traders/investors myself included, a lot has happened and a lot more will still happen whether good or bad but how you will handle it is what matters, Hive has dropped a gain below 50 cents and I think it should scare anyone off or put some kind of pressure on yourself that it might be heading lower, in fact, even if it does that is still not much of a bad thing.

image.png
Source

Let us stop seeing dips as a death sentence but as an opportunity to be taking advantage of, Now let us just imagine you buy Hive now at below 50 cents, and next month we get some great pumps in the crypto market, and the price of Hive skyrockets above $1, would that that not be a big win for you, let me answer that, it will be a huge win well depending on how much you buy, but no matter how small you invest it is still a huge win regardless.

Bitcoin Is Back At $18k Support Level, What Should We Expect?

Now, we all know that Bitcoin is a huge determinate of the direction of the crypto market which means that if Bitcoin dips the entire crypto market will dip alongside it, and if Bitcoin pumps the entire crypto market will pump except for some special occasions but eventually they will always pump alongside Bitcoin, so currently the crypto market is dipping due to the fact that Bitcoin it fell back to the $18k support level again and some people are already scared that it will break below the $18k support level this time and head for maybe $10k also but I don't see it that way I think the Bitcoin support level will reject price as it has done before, but that is just my opinion the market has a mind of its own but let us see what happens next.

October or Uptober Is Around The Corner

Yes October or Uptober is just four (4) days away and since October has always been good to crypto in terms of price pumps, I think we should be expecting some good price pumps but do not build a mansion in the sky just yet wait and see what happens this time, hopefully, it will continue the tradition.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu

Posted Using LeoFinance Beta

neoxian bitcoin hive ctp proofofbrain cent archon vyb leofinance
0
0
0.000
20 comments
avatar

I think this is the golden opportunity to invest. We will experience bull market in near future inshaAllah!

0
0
0.000
Reply
avatar

Yes dear, it is a very nice opportunity to invest in anticipation of the bull run

0
0
0.000
Reply
avatar

Frankly speaking, I don’t think there’s any issue to invigorate the market going up anymore in short time when considering the inflation in US is too bad, recession is coming, we better keep cash (I mean fiat not usdt) to wait for the crash then buy at super cheap price

0
0
0.000
Reply
avatar

For just in case the exchanges close and run away during the market crash

0
0
0.000
Reply
avatar

Congratulations @onwugbenuvictor! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Balls of Steel - HiveFest⁷ Petanque Tournament Results
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
Reply
avatar

Dear @onwugbenuvictor,
May I ask you to review and support the Dev Marketing Proposal (https://peakd.com/me/proposals/232) we presented on Conference Day 1 at HiveFest?
The campaign aims to onboard new application developers to grow our ecosystem. If you missed the presentation, you can watch it on YouTube.
You cast your vote for the proposal on Peakd, Ecency, Hive.blog or using HiveSigner.

Thank you!

0
0
0.000
Reply
avatar

I have orders in at $0.40 and will set a few lower. All markets will eventually move lower before stabilizing, in my opinion.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

$0.40 is realistic, but I don't know about lower.

0
0
0.000
Reply
avatar

More rate hikes are almost guaranteed. Any upside is momentary. I do however think we are getting closer to a bottom. I am just not convinced just yet.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Winter is coming.

People have no play money right now. Crash is in the cards.

0
0
0.000
Reply