Hey All,
At the moment we are observing a huge Crypto Market Crash with over $500+ Billion has plunged in almost 3 days. Where is the bottom? Or we are yet to see Bitcoin BTC crash even further? Who knows...As of writing this article the entire crypto market is down all major coins are in RED they are bleeding badly...and the global crypto market cap has come down to $1.99 Trillion, almost 12% decrease over the last day. Is this the right opportunity to buy in some of your favorite coins or we are yet to see a bottom from here? Does this famous saying resonate here:: - "By the did they said" Well who knows and neither I am in a position to suggest anything while observing this server crash in the market. Well I do have plan for myself though and its associated to #HIVE only...
No coin in the crypto market has been left untouched and we see the same position for #HIVE - where its currently down over 16% as of writing this article and is trading around $0.15 cent.. a stealer price to grab some #HIVE here. I am asking this question to myself is this the right opportunity to convert all my 4K+ HBD to HIVE? And then finally seeing the price of #HIVE trading at this moment, I got tempted to withdraw all my HBD from the saving account and right now I will need to wait for 3 days before I could do anything.
I just wished I had the liquid HBD, but then it is how it is; sometimes we can't always get what we want, and we have to make the best of what we have in hand and right now the best option for me is to wait for these 3 days for HBD to become liquid and then execute on the plan on converting all the HBD for #HIVE and power it all up. Well about 20 days back, I did initiate the process of withdrawing #HBD from my savings account and by the time #HBD arrived it was too late as by that time HIVE price had recovered. I did a post around that also and you can find the post here - Should I pull the trigger to sell HBD & Buy HIVE? Or Wait - My Strategy Ahead... ..not sure if this time also its going to be the same or will get worse and give the opportunity to all those who are looking to enter the crypto market at lower levels. Lets see how this churns out in near future. Given the overall declining trend in the crypto market, I have a gut feeling that we might see a further bear market in the near future. That might be the right time to take action. Until then, I'll try to convince myself that prices wont rise that quickly and it will take some time. Right now I would just need to settle with the wait-watch approach until my #HBD arrives and I get into action of buying HIVE from it. what are your thoughts on the current crypto market crash and my plan on selling HBD for HIVE at this moment?..cheers
Crypto Market Crash & My Plan for #HIVE...
Have Your Say on the current crypto market CRASH - #HIVE & #HBD - HODL Vs SELL? Liquid #HIVE... How much?
Selling Vs HOLD #HIVE? Are you building your stake here on the HIVE platform? What are your thoughts in general for HBD in savings? Are you stacking up HBD or converting HBD to HIVE? What's your overall strategy for HBD looking like? What are your general thought around the platform #HIVE? Please let me know in the comment section below...
#hive #liquid #hodl #liquidhive #hivepower #hbd #defi #apr #crypto #markets
Crypto Market Crash & My Plan for #HIVE...
Image Courtesy:: pro canva, coingecko, peakd, hive.io, google finance
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers