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How the bear market has affected my finances.

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@gloriaolar
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This is a very trying period for many because aside for the crypto market fall, the economy is in shambles. Surviving everyday has become harder and I can't imagine how worse it is for people with low income. In the crypto world, we try to keep a neutral face but it's harder surviving than it looks. It's even way harder for people earning in solely crypto with no other source of income.

As a blogger here on hive and also an NFT artist, it hasn't been easy at all. Assuming sales are even coming in well then it would have been easier but since we entered the bear market the sales have went down drastically. Did it mean that there are not getting sales at all? No. People are still making sales but it's harder getting one now compared to the bull market. You know then with a small crypto, people can purchase lots of art pieces but now you spend much to purchase little. This is why most collectors have kind of reduce the rate at which they collect. This in turn now make most artists feel hidden and not seen.

We all know that the main goal during the bear market is to keep on buying and hodling until we reach the bull market. What happens when there are no other source of income aside crypto? You'd have no choice than to sell some of your earnings. In as much as I want to keep on investing and holding, I still end up selling little out of my earnings to survive. Its just very difficult because it feels like I'm loosing a huge part of its value by selling and the amount I can spare is just so low which must times are difficult to meet targets.

Right now my finances are really down but despite that, I've managed to still save as much crypto as I can and hoping to be able to gather more for when we enter the bull market.
What I do pending the time is to work extra hard by drawing more than before and putting my works out there with the hopes of being seen. Also I've tried to develop skills I don't see myself having before in order to have a better chance here on hive.

THANK YOU FOR STOPPING BY, HAVE AN AMAZING DAY

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