Who would have guessed the bottom wasn't in lol as this is more like the Bear market I was expecting. This has been too easy up till now and this is more like it which sorry to say is really good news. No I lie this is better than good and is seriously fantastic unless you are living off crypto. The sooner we hit the bottom the sooner we can recover so this is good whatever side of the fence you are on.
Over the last 24 Hours there has been plenty of bloodshed in the Crypto world and these are seriously boom times that should be looked upon positively. Always remember the price being down this low is temporary and this will blow over and return to some form of normality.
Crypto having low prices means many things with one being we earn more Hive even though the rewards on the posts may be down. If you are thinking long term there is nothing like a dip to earn more Hive and Hive at 36c is a thing of beauty. We all want our Hive bags to do well so don't take this the wrong way and look for the positives. A $10 post will now earn nearly 7 Hive and 2.5HBD compared to 5 Hive and 2.5HBD a week ago. That is a 40% growth in your Hive earnings from where you were literally 7 days ago. This is why in the Bear market price is secondary as this is when we build for the future.
I do think too much is made of price as many want the $2 or $3 days to return
even if there bags are not ready. The wealth has to be built somewhere and this is all part of the growing and staking period that kicks off that phase at speed.
Over the last 24 Hours on my Coti stake the APR has grown from 8.19% up to 14.33% which is a 75% growth boost. This is all down to liquidations which is bitter sweet as the greedy ones are getting hammered. No one likes to see others being rekt, but that is the risk you take.
The high risk level in the Coti Treasury offers a massive 114.68% currently and I am still not tempted as prices could still be going lower. Don't be fooled as no one knows if the bottom is in and we see the social media influencers talk about bottoms being in far too much. This is all guess work and they want to be right showing how smart they are when they have no special talents. I am hoping Coti drops down to the 7c level propelling the APR up into the 20%-25% range even if it is only temporary. Anyone in the level 8 x multiplier currently is gambling and that is not investing as the stake is at serious risk of being liquidated.
Thee are always positives to find and these are clear evidence that a price dip this big is really good news. We all know how to earn Crypto from what Hive has taught us so don't get caught up in the negativity as the majority have no clue how to earn in Crypto. For them this is all doom and gloom where for us it is all sunshine and rainbows. This is not a coincidence that many Hive users are successful in Crypto as they have the knowledge which a vast majority would love to have.