DCA Hive Sell Range: $5-$50 ; Bitcoin $200k-$400k
Everyone says "buy the dip".
People are getting so lazy about it they say BTFD (buy the fucking dip). Keep calm and keep buying, yada yada yada. Too bad you can't afford to buy the dip if you have no money. Too many people advise buying the dip and no one seems to advise selling the spike. Oops.
If we look at Hive, anytime the price goes x3 or higher it's almost guaranteed to slowly dip lower than that over the coming weeks. Most people complain during this time that they have everything powered up and cry out for 4 week powerdowns. On a certain level that's pretty ridiculous because the first big dip comes long before the first week passes. A power-cooldown fixes this. Another easy solution is to allow Hive to be minted out of thin air using CDP loans. All in good time.
The real solution is to employ financial discipline. If you want liquid funds to sell the spike... then don't power it all up, duh. Personally I'm not looking to sell any Hive until it hits $5. There's going to be a ton of resistance in the $5-$10 range due to how many people got wrecked in 2018. The vast majority of the network has already signaled this future.
Hive is harder to predict, so I'll start selling at $5, but I think it can get as high as $50 this time around. Therefore I'm looking at Bitcoin as the anchor for the entire space. My target there is $200k-$400k BTC.
I think it's pretty obvious that we aren't even close to the parabolic euphoria of the mega-bubble peak. Lot's of people are worried that it is already here, which is exactly why it won't happen. When everyone forgets that the market can crash: that's when we need to be worried. Still targeting the end of the year Q4 but it is possible to happen a bit earlier. Red flags will go up with BTC is trading x10 above the doubling curve. That's a BTC value of $180k in June and $250k in December.
Green with envy
As DOGE continues to rock #5 on the market cap and copycats like Shibu Inu perform even better, there's a lot of salty people out there who are only concerned with the value of their own bags. I fall victim to this myself, until I realize I'm in control of over two hundred thousand dollars and I ask myself how that's possible. It certainly shouldn't be considering the circumstances, but here we are.
Even worse are the DeFi users who constantly chase gains on brand new projects that just launched. Seems like there's a coinflip chance that they rugpull, but it doesn't matter because the gains on the ones that don't can go x100 within a couple weeks. How many of these networks have staying power is yet to be seen.
Diamond hands my ass.
All the people invested in CUB acted like they were diamond hands when the price was going up. Now that we are scraping rock bottom lows everyone panics and demands better marketing and faster development. Wow, how the wind changes in a couple weeks. So many pretenders out there who fronted like they were the real deal. You can't forge a diamond without a lump of coal.
I am a bit overextended on CUB and feel a bit locked in at these low prices, but that's nobody's fault but my own. I am a bit annoyed that I longed the price in the den when I knew BNB was bullish no matter what. No worries though: I live in abundance I have plenty of resources. In fact I've been giving away crypto to random people who know nothing about it just to build some excitement. I tell them to hold it until Christmas and I'll get back to them about how to sell it. Early Christmas present.
Conclusion
This bull run is far from over. The bear market will strike when no one expects it to. All we can do is DCA and lower volatility. Stop chasing x1000 phantom gains and play a safer game.
Posted Using LeoFinance Beta
