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When does the hurting stop?

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@karinxxl
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2 min read

Ouch, ouch, ouch,what have we all gotten ourselves into? Bitcoin and ofcourse everything else because of this is down mucho, and it doesn't feel like this is finished at all.

When does the hurting stop?
Coinmarketcap
No matter how the fundamentals of all of your favorite tokens are, today is just pain and red all over. And they are doing exactly that what altcoins do when BTC is hurting, they go down double or more. BTC down 10%? Your favorite alt down 25%

This also works on the way to the top ofcourse, but on a day like this, you just want to have the most stable tokens who aren't that much effected by all of this. Which is currently....none



I didn't seem to find a crystal clear reason of why this is happening exactly now, but on the other hand this feels like something that was bound to happen somewhere along the way. Something with waves, and trend and sentiment.

Will this stop anytime soon? Damn, I don't know but I surely hope so. This looks just bad and feels kind of sucky. On the other hand, there are some decent oppertunities ofcourse if you dare to step in at the right moment.

I am not one that will hunt for that exact moment as I am not the best chart reader and predictor.

Giphy
How are your tactics dealing with this market. Just shut down the laptop and wait until it is over? (which is actually a damn good coping mechanism?) or are you actively going to work on this?

The good thing is that our precious hive always remains to be working. In these times it isn't bad to just focus on the grind of what we are and have been doing for months and years already. Produce content, use the ecosystem and do what we do with it.

Even though our hive also dropped the percentage in line with the rest of all alt coins, this doesn't change anything on how we can use it (only that maybe the rewards will be more rewards in a macro perspective)

So yes, I will just close the laptop and do what we do in the weekender, and just keep on grinding and focus a bit on the rest of what is going on.

Happy weekend guys, and don't get rekt in all of this