Mid Year Plans | Getting Back on Track While The Market is Red
Compared to the previous months wherein people are hailing and loud with their crypto earnings this season has been a cold and quiet one. Indeed it is a bear season already and we are now seeing the decline of businesses in place.
I saw an article on which a lending company called Vauld suspending the withdrawals, and deposits to their system and indeed it is alarming nowadays especially if you are someone that placed your money with the said website. This action was due to the challenges that they are facing and at the very least mitigate the future losses that they will incur.
Since everything is red what are your plans now? Will you still believe in crypto or just shun it until you see the opportunity rising again?
From what I have learned, this is the best time for me to learn more about crypto and projects within and outside Hive. There are a ton of coins out there and I am missing the opportunity to grasp the idea of each one of them because I am not reading the news that much.
Knowledge is definitely the power and with proper knowledge, sound decisions can be done. Being a ninja to different communities one of the most used and abused question that I always encounter is
When we can expect the bull run?
Admins and other folks always say they do not know and if they know probably they are already rich. Some speculate around 2025 based on the patterns but honestly, no one knows.
Is it still safe to hold and buy tokens?
Only you can answer such, are you willing to take the risk with the funds that you have and see it plummet with no return?
I am no trader, but hopefully will be in the future as I try to learn more and more about coins so yeah as for me if there's a spare amount available at the very least will add $10.00 to my portfolio every payday. The best part nowadays is there's no need in using the 3rd party apps anymore as buying and selling can be done via peer-to-peer transactions.
Good thing all of my loans are paid in full now, so I can focus again on building my account. 300 HBD was quite a challenge accumulating as Hive was slowly dropping from time to time. Also since all of the expenses that I might incur are all cleared then I can already be back on track saving and investing here.
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