A Traders Mentality During A Bearish Price Movement
When there is a price bearish movement in the crypto space, an average trader or investor see it as a buy opportunity to get in the market. The recent hive dump has presented that same opportunity for investors or traders can enter the market.
Some days ago I had a conversation with a friend on what he thinks about the current market, if it’s safe to make any investment he’s response to me wasn’t really certain enough has he said that he has placed all he’s asset on stable coins for preservation of he’s wallet.
How low can hive go? Well a question nobody can really answer as the market is showing signs of it’s instability, but it’s outrightly present an opportunity for hivers to stack hive to perform different activities on the ecosystem, such as increasing your voting power by powering up some hive and some can easily achieve your target hive goals with this current price regress.
Over view about the market, I really not certain that we are there yet as the primary digital asset bitcoin is losing support as it’s current price $16k and hive also is selling at $0.26 at the time of writing.
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Posted Using LeoFinance Beta
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