Here we are on the cusp of yet another swing in price, that presents an opportunity once again for the wise crypto investor. The thing that I wonder about is how many people out there see it that way, as opposed to running to hit the "sell" button? In my view, this is the start of a mini-cycle in the Hive price, and a grand time to buy.
The last time this happened, I took advantage of the window to pick up some value crypto. Sold off the laggards, and stocked up on the most promising tokens. The thing to get is that you never know how long the dip will hold, so my thoughts are to strike while the iron is hot, knowing things can change in the blink of an eye.
In particular, I keep my eye out on dividend-producing passive investments. As a busy student, a project built on a strong foundation that I can check in on from time to time, is attractive to me. Watching the earnings compound daily if possible, offers a good balance between growth and income over time.If you liked this article, please upvote and reblog, thanks!
The last time this happened, I took advantage of the window to pick up some value crypto. Sold off the laggards, and stocked up on the most promising tokens. The thing to get is that you never know how long the dip will hold, so my thoughts are to strike while the iron is hot, knowing things can change in the blink of an eye.
Keeping a watchful eye out
In particular, I keep my eye out on dividend-producing passive investments. As a busy student, a project built on a strong foundation that I can check in on from time to time, is attractive to me. Watching the earnings compound daily if possible, offers a good balance between growth and income over time.
There are times to go with the flow, and times to be a contrarian. Part of the reason some people sell at a loss, is that they fail to recognize the crypto cycles. Now, for someone who's new to cryptocurrency, we can understand that. But if you've been around for a bit as I have since 2009, the patterns become very evident.
So what I'm doing now is making my list, and checking it twice to pick up some valuable crypto at a great price. The thing is to picture the future value of the token surrounded by turbulent current times. If that vision can be developed, it can be the start of a very promising investment.
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