Not a straight way up, still on track.

I woke up to the market dumping at the early hours of this morning, for Hive, it was quite a sharp drop to $0.41 after the price had hovered around $0.45 zone for quite sometime, safe to say support is still strong at $0.38, unfortunately for me I was out of stables when the party happened and couldn’t buy the dip.

Remember what I said about being too excited and missing important details? Yeah, that’s what the markets do, pump you up and dump you the moment you get too excited and carried away, but thanks to caution, I didn’t get carried away.

After setting my accumulation point and expending all my stables, the markets decided to dump further, but no worries because the worst part of the dump is still within the accumulating zone and timeframe I set for the next run up which is still few months from now. No one said it was going to be a straight way up!

For some reason, the dump was led by Bitcoin in a somewhat identical drop. Check out the chart below. Interesting isn’t it. My new price floor wish for hive at $0.5 may need to wait a while.

What’s also interesting is how the people who usually had the narratives as to why the markets were acting the way they are’ aren’t so opinionated today, was the price action that much shock? I’m buying this dip with my body soul and mind….hypothetically. You get me. But I really am buying this dip.

I was asked the other day on Twitter if I did TA, I don’t do TA bro, I do “look-and-see”, I look at the charts and say what I see, or write, as the case maybe and as easy as it sounds I’m still not good at it lol, sometimes I get lucky, so instead of diving in everyday with no idea where to land, I wait for those lucky days and make my move, advantage is that when it happens it happens nicely, disadvantage is that sometimes, waiting takes time.

Trading is a game of patience and sprinkle of luck, sometimes, one more than the other. I’m attempting to maximize both 💪🏻. Let’s see how the market plays out.

Thanks for reading.

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