Why The Bear Market Is Your Friend

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Swimming upstream clawing back the "losses" of the Bear market.

Ever since HIVE achieved it's all time high back in November last year we have been on one big slide slipping from $3.41 to an insanely low of $0.30c (0.29.9) on the 10th November 3 weeks ago today. That is a loss of 3.11 per HIVE on your portfolio in value which is only temporary as you only lose if you sell. This is a 90% plus drop in value which is devastating and the only way you can fix this is by being positive and making this into an opportunity.

One has to see HIVE as a game as it makes everything far more fun taking the seriousness out of the situation. I have no clue where I was exactly this time last year with stake (HIVE Power), but if you look at your monthly airdrops from Larynx which the snapshot was taken on the 4th January it gives you an indication at least. Mine is 5 294 Larynx per month so multiplying by 12 gives you an idea of where you were and in my case 63 528 HP on the 4th January 2022.

My HIVE Power is now at 80 200 which is decent growth and works out to around 27%. I have grown by 27% in that time with 1 month still to go thus reducing the overall loss dollar wise. This is how you have to look at things as otherwise you will only depress yourself. This on my account is an increase of $57K over the Bear market when the all time high happens again which it will.

I used to call it treading water as imagine you are swimming against the current upstream you are limiting your dollar losses compared to someone riding downstream with the current. The growth through staying active and consistent is incomparable to any other time and is the most important time to grow. This is why it doesn't make sense when people do less when the price drops as this should have the opposite impact on how you think.

When HIVE was above $3 I was generally happy as it is a validation of what you believe in and know there is still way more to come. For growth it is not a time to celebrate as that slows down as you earn less HIVE which is the bitter sweet part. You cannot have it both ways so you roll with the waves and take each day as it comes. For myself right now I hope we stay down here for a little longer as these are seriously good times if you are thinking about HIVE long term.

This is not only about HIVE as the rest of your Crypto portfolio is going through the same growth stage it is just that with HIVE you have more influence through the actions we all know and love. One of my investments I have is down the same as HIVE, but have managed to increase that stake by over 500% which is kind of mind blowing. The aim is to reach the dollar value from the last all time high on this particular investment as when it comes back will amount to a 1000% growth and how you make the difference.

The Bear is when we have to all focus as these are serious growth times that will define our futures showing how successful we all are in Crypto. Not everyone gets this as they have no clue, but we have learned our lessons and know exactly what to do. It is during these times I am so grateful to be involved in HIVE and all my other Crypto investments as the opportunities to add more are endless.

Posted Using LeoFinance ^Beta