Crypto market is still in agony! A desperate run is being made to see the market at a steady position. But yet another news seems to unwind all these efforts. Its like as if someone is pulling the leg of the market and halting it to stop from gaining any sort of visibility or be at a stable position.
Let's be honest! The situation is sort of crazy atm. While on the flip side, some of the coins are also at a crazy discount. Let's not go far but HIVE itself is hovering around 30ish cents for the last couple of days. As a fellow user of HIVE I have a desperate eye to obtain them in this current market price. Which is why having a bear market is sort of crazy times to some folks.
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A simple question was going through my mind! Which way should I move towards? To be more precise, I was having a confusion whether or not should I wait to get stables at this position or should I start collecting coins which I want at a discounted price! I am in sort of in the middle of this situation.
I have my reasons! To share few hints I would say, if the market continues to go down than the result will sort of be the same. Altcoins will follow the trend and HIVE as well will be no different. So there is a chance to get HIVE at a discounted price if the price falls even lower than it is now. I have seen HIVE going low as 10 cents and it is literally a shocking turn of event. If it happens again I would not be surprised at all. Which is why there us definitely a chance for HIVE to reach back to 10 cents if the market still starts to react the way it is reacting as of today.
On the other hand, my mind is still saying me to not wait for those 10 cents a HIVE. Instead just jump in and get as much HIVE as you can at this current price. Believe it or not I am literally doing that at of this current moment. I am sort of collecting HIVE and gathering them at one place just in case HIVE sees a pull back from this current price. Although, it is quite unlikely that HIVE would pull back from this current market since all the crypto is going the other way around.
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On the contrary, obtaining stables does also sounds intimidating! One of the reason is whatever the situation might be we will always have a back up at our disposal. But the fact lies that if HIVE does not go below than the current price than there would be a regret holding upon my shoulder that I could have got some HIVE at a much discounted price than I am going to purchase. So there is that lol. Although, I must admit having stables does gives much more security and helps to be sane in certain situations. And as much as I say this and that but having stables is a must for us. No matter whatever the situation is!
Since we the users of HIVE blockchain have a definite way of obtaining HIVE I would rather keep on collecting them and just go on with the flow. Having HIVE does also means a lot in the long run. I have been accumulating HIVE in the past few days. So far it has been going pretty great for me and I intend to keep it going for the coming days as well.
Furthermore, I would probably keep on going the way I have been going over the past few weeks. Which is collecting HIVE and also obtaining stables at the same time. This way I will not have any sort of regrets if HIVE bounces back from this current price. And if HIVE goes down I will have the stables backing me up. Either way I will have my back taken care of!
What have you been doing lately?
Best regards
Rehan
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