The Fear of the Unknown in the Crypto Market and Why we Must Use Wisdom in the Changing Times + Way Forward
Hi friends,
It's really a critical times currently in the crypto world. This is because it seems as if everybody in the cryptoglobal is in a standpoint due to the sudden fall of cryptocurrencies in the crypto market. Does this surprise crypto owners, this is suppose to be the trend in the cryptoglobal. The crypto market operates according to the gravitational force or what's known as Humptey Dumpty principles which is based on the rise and fall of anything that has the potentials of rising, but doesn't have the chances of remaining up there forever. The bear period has been preached by most cryptomedia personnels as the period to stack more cryptocurrencies in ones wallet. I've just observed that the hive blockchain is very cold this period, maybe it's because of the dwindling of the hive price in the crypto market. Most persons must have budgeted what they wanted to use the profit from the bull season that was experienced in the hive blockchain before the sudden fall last week. That not withstanding it's time to make use of our head in this trying times in the crypto market. Greetings from @salvadornkpara.
Bull seasons are the most deceptive period I've ever known and experienced in the crypto world. This is because you'll always pray that it doesn't end due to the joy that accompanies it. Your prayers regarding to the elongation of the bull period may not last for a long time, because there's time for everything. Bull seasons are like the wind that you can feel but can't tell it's direction and when it'll go next. Suddenly its bull season and before you could say Jack Robinson it's already fades away. To some the bull time is an actualization of dreams while to some it's a period of regrets because they hadn't stacked any cryptocurrencies in their wallet.
According to @uyobong:
It was interesting to wake up to see a negative price trend in the crypto market in the last 48 hours and then I discovered that Bitcoin made a dip from $57.4k to $44.1k, indicating a -17.09% change. That's really a good news for me as I hope it dips more to say $35. This is to enable me gather some coins in wait for the next bull run towards $100k Bitcoin.
As the usual saying goes "one man's good is another man's poison". The dip in the crypto market is an opportunity for those who are wise to fill up their baskets against the next bull. Base on the aforementioned by @uyobong, understanding the times and seasons in the crypto market gives you a competitive advantage to smile when others are in pains and regrets of not stacking and hodl during the bear times.
What's the Way Forward
For us that are on the hive blockchain we have a competitive advantage to those in other blockchain. This is because there's an untapped wealth that are visible in the second layer tokens that can change one's life for the better without much noise. The way forward is investing in the second layer tokens such Oneup, Bee, Ctp, Leo and even Stp. These tokens are gotten through two means; by creating content that pertains the above communities or through Investment in the Hive-engine by purchasing these tokens. These tokens are currently cheap due to the dip in hive price in the crypto market and stacking some tokens can be a solution to that financial freedom you're looking for. For instance, Oneup community is less than 3 months since it's creation, but if you check your hive-engine you'll see the giant strides they're making. All thanks goes to the Oneup team @flauwy, @steemcafe, @daveonarrival, and @kevinli for their efforts to create the community as well as the 1up token that has been giving me so much joy this few days.
Why You Should Invest in Oneup and other Second Layer Tokens
There's a current shift from the usual content creation to blockchain gaming which most second layer tokens are connected to.
- Game players are no longer interested in just playing games for leisure and entertainment purposes alone. Since the introduction of blockchain gamings to game players and the benefits of that comes with play2earn concept that's capable of putting some change into their pockets.
- at might not be long longer than you expected cryptocurrencies might rise and become a leadway to the financial freedom you desire.
- they're cheap and affordable right now. Bear times like bull seasons doesn't last forever, the more tokens you stack and hodl will determine what you'll cash out during in bull time.
Finally, the time to invest is during the bear times and that time is now, because the crypto market is favorable now. It might not last long don't be among those that'll regret when the bull time comes. Good luck all the way for all of you. Thanks for reading my post.
Posted Using LeoFinance Beta