Ask leo: if utilizing the bear to Invest is a problem what about the bull markets
It is quite said that you can never satisfy everyone even if the condition or situation favours every individual, there will still be complaints from others that still sees it as fault.
The bear market happens to be the major problem of such situations to occur where individuals are finding it really hard to invest or utilize the bear market, where it all seem like a bad time or bad idea to do so in most people's mentality which kept me wondering if throughly they understand such statement or action.
No doubt the market price looks really disturbing and down at the moment but wait there's an opportunity surrounding it which means experiencing such price can be beneficial in two forms where as we know especially those that understands the Crypto market knows that the bear market is the best time to invest more coins and tokens for future purposes.
This means if you invest more during the bear market there's every tendency that your investment will be profitable and beneficial when prices eventually goes up which we believe will happen because Crypto prices is never stable and both prices will definitely occur in crypto whether high or low. When the bull market will rise is not known but in other not to miss out the opportunity when it eventually rises, nobody should be left out in making profits so to been in that state of making profit invest wisely during the bear market.
If Investing during the bear market is a problem what about investing during the bull market.
Cryptocurrency might looks profitable when been involve but it only takes a positive move and right decision to utilize the idea of making such profits. We have individuals who panic during the bear markets because they believe it is a moment of loss in the Crypto world where their decision is to stay away in other not to lose more which is a wrong idea and step take in Crypto.
It maybe said such people lack the idea of how Crypto works which you might not blame them likewise them not having the desire to risk during the bear market but still a question needs to be asked to clear their mind, which market is preferable to invest the bear or bull?
No doubt our aim is to make profits from our Investments but what step are we taking to utilize that dream or goal. The hive blockchain is a perfect example to explain such situations to such individuals.
The Hive blockchain have two major coin where individuals invest mostly on which is the Hive token and the Hive backed Dollar (HBD) and when looking at this two major coins they don't display the same price at the moment where the HBD is maintaining it price around $1 and regarded as a stablecoin while the hive token is down with the price rotating around $0.40 and when looking at the two the Hive token at the moment needs individuals to utilize the opportunity in buying for future purposes.
Main looking at it presently, the HBD is higher which means accumulating more Hive through converting it will see more Hive to invest on which is an opportunity to do so. Imagine Hive eventually rises to $3 which someday it will hit that amount again and to be sincere to invest won't be easy because you can't buy at that time instead when you convert Hive to HBD you will be getting more HBD than Hive because why the price is higher than HBD which also maybe an opportunity to invest on HBD.
But we shouldn't forget the HBD is regarded as a stablecoin and evolves around $1 which might not see that Investments accumulate more as Hive when it was lower. Buying during the bull market might act as loss because you can get more tokens to invest unlike when comparing to the bear market where tokens increases due to the low in price.
If you invest during the bull market always have it at the back of your mind that your is aim is to see the market price rises above the price you Invested on to gain more profits or else such individual will run into loss if deflation hit back.
The bear market is to invest for the future while the bull market is to deliver your profits. Invest wisely and utilize the Crypto market because it is a win-win scenario for all individuals involved in it and neglect bad decision in moving forward to achieve success.
Posted Using LeoFinance Beta
