HODL : Wait For Storm To Pass
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A dangerous storm recently hit the crypto market.
Bitcoin in one moment went to $102,000, and the HIVE coin reached $0.03.
Those who were watching the market were very worried.
Some people tried to take benefit from this dump, but it was not possible because this was a flash crash, and in such a time, buying is not possible because all exchanges become halted.
You must not try to buy and sell during these times because its dangerous and there is a risk to loss your amount. During this time be cool and watch the market.
Wait for the settlement time and when you see the best price go invest and wait for the profit time.
What is a flash crash? A crash that lasts only for a few seconds. In the recent dump, HIVE stayed at the $0.03 level for a few seconds.
In seconds, auto trading bots and limit buy orders pick up those cheap coins and the price started rising again.
This is called a flash crash, and it happens very rarely. Maybe once or twice in a year.
Now many people became worried in this crash, thinking that Bitcoin’s bubble will burst, exchanges will run away, our coins will be delisted, and what will happen to our investment.
Nothing like that is going to happen it’s only FUD that makes investors worried. They want you to sell at cheap prices so they fill their bags.
I remember in 2017, when Bitcoin was only $17,000, the same things were heard that the Bitcoin bubble is bursting, and those who invested should do panic selling and save their remaining money.
That’s exactly what happened retailers started selling, the price fell more, and the manipulators took full advantage.
Let me make one thing very clear, Bitcoin’s next price prediction is above $300K.
It may take some time but it is sure that institutions will buy, sooner or later the price will rise, what will be the price of altcoins when Bitcoin reaches $300K mark?
Where will HIVE value be?
It’s hard to predict and unexpected things happen more often in this market.
HIVE price can even go back to its all-time high, which no one may even imagine. Maybe someone reading my line will laugh, thinking I’m joking but no, it’s not a joke
everything is possible.
Did you or I ever think that in this great bull run, HIVE’s price would reach $0.14? No, right? So it can also go even higher, in its own time.
Wait for this storm to pass.
Those HIVE users who are invested should stay calm, hold tightly, and wait for good times.
In times when pressure is high, try to take a short break. Stay away from the market.
Go for a long travel with your family, enjoy life, visit other cities of the country, and forget everything.
Those who are working in the ecosystem and have good staking, should continue their work. Don’t look at the price for one month, just focus on your work.
One more thing, don’t forget to drink tea while working, it helps relax the mind.
Whenever I sit to work, I never miss my milk tea, hahaha.
Have you done panic selling? If not, are you satisfied with your holding?
Share your opinion in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.
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