When The Markets Dump, Get Busy With Engagement And Building

1 mo
LeoFinance
1 Min Read
279 words

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Current Price of Bitcoin $28,371

Hey Everyone,

Lot's of Red and it's nearly everywhere! If your bags aren't feeling any pain I'd love to know what you are in. Bitcoin, ETH, Hive, BNB, LEO all down hard. It's got to bounce somewhere!

Traditionally, posting and engagement on Hive and Leo is tied to price, when prices are higher we see more activity. However, when the price is down that's when big opportunities come. If you can, just keep posting, keep commenting keep busy and build a nice stake for when the price goes back up whenever that is. We have no control over the markets, but we can plan on what to do during various market conditions.

LET'S CREATE EVEN MORE ENGAGEMENT

By engaging with others you encourage the Author, grows both people's accounts, and is helpful to others. Let's keep it up and remember the number goes up, the number goes down. That's just the nature of crypto.

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There could be a big bounce, a small recovery or more dumping, I don't know. The combination of slow markets, LUNA Disaster, and just general fear, has me feeling like the markets are likely to drop more, but I'd love to be wrong.

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The Fear and Greed Index is at 12, Extreme fear. Many wealthy people will tell you to buy when others sell. I'm not handing out any trading advice here, because this hit me in the nerves, I'm sitting on my hands and waiting to see what happens next, but it's always easy to be active and engaging on line.

Let's hold on to momentum and keep at it!

@whatsup

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We all need this, consolation to let us know that we are all in this together. Right now, I am taking a little break from checking my chart, I am going to watch movie and focus on growing my account t here

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Yeah it's good to take a break once in a while.

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This dump is going deeper than i expected this month. It's quite outrageous if you'd ask me, but this is probably a last chance given to us all to stack so much. Crypto may be quite generous than we think it is.

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Yeah, it's a new chance and since we can't control the dump, we can control how we react to it.

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It looks like we are having a psychological war in the crypto market. However, it is great to see that people do not care about the situation over there and keep engaging on LeoFinance.

Authentic communities cannot be dumped 🤙🏼

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well said, psychological war, indeed.

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Hive and Leo are really great tokens to be in during a bear run. When you hold hive you can earn more Hive. I love my bitcoin, but in a down market it just sits there.

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I have definitely seen a drop in engagement in the last month or 2 actually. I mean I don't get it really. I still see more engagement on Twitter from allot of Hivers, and Twatter doesn't even pay you...

I am still building, but having to go back to some of the old fiat making habits for a while...It was a nice 6 month full time crypto experiment, lol.

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Well, I've had some big personal life things happening and have been distracted, I'm hoping to get more of my focus back on Leo now, as for others.. I have theories why engagement's been down, but they are just that.

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1 mo (edited)

Is what it is, hope life is working itself out for you other than this... Real life always comes first. But what is everyone else's excuse, lol? Would love to hear those theories. My hope is everyone is going outside!

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Yeah, time will tell. Seems like Leo engagement has been good but I haven't looked at the stats in a couple of weeks and I've been distracted.

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1 mo

If we build it, they will come

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Won't last forever. Nothing does.

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This too will pass!

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Yes, hold the line and do not lose your nerve. It's so hard not to freak out. Sometimes I feel a little like vomiting LOL

We may not like what's happening in the world in this day and age but you have to admit, we are living in interesting times.

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We certainly are living in interesting times, but we have a couple of bear seasons under our belts now, so we know when all hope is lost.. there is still hope.

It will recover, not everything, but many things, I don't know when.

But during the down times we tend to lose those who were "making a living" and those who were only farming to sell. So, it's actually a boost for steady reliable community members, but it takes some time to "realize the gains".

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Keep calm and engage on

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Will do

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https://twitter.com/FinanceLeo/status/1524508687733297155
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

1

As much as it hurts and as much as it does feel like a punch in the gut because we all are human it's important to keep those emotions in check and step back. Right now presents the perfect opportunity for your to hit those goals you had even faster! That 100k Hive goal I have was starting to look iffy when hive was trading at $1.30+ but now, now I have a very strong and real chance. This goes for all things including LEO and other projects I believe in. It's a long term buy and hodl right now for me and also to be even more engaged with the community and the projects.

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Absolutely, better buy in opportunities and in the past when the number goes down we lose the faint of heart, so less competition.

One of the hardest times is when things feel scare we tend to see some lashing out, but head down, back straight, keep posting.

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I’m not that long here on Hive or even Leeofinance, but have seen when the markets are down people tend to leave. Stop posting and engaging.
I don’t understand that.

It is this time you should get even more active. Built as much as you can. Keep posting and engaging.
The price will go up again and you can gain so much from it then.

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You are right, it is the best time to be active, but when the prices are down people some have to go to jobs more often and other get discouraged. We also tend to loose the people who were just posting and selling, because it just doesn't add up the same in a down market.

It's the dips that will tell you how much you believe.

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Ok, that last part I haven’t thought about. The ones that just sell. It does make sense too.

I understand. The dips tell you a lot 😎
Have a great evening further @whatsup

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You too!

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Thank you kindly 😊

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If these drops make one sick, it's usually a sign of being over exposed. I learned my lesson and got some stables, HBD and USDC, although not enough for my liking, the bear kinda surprised me, to be honest. For once though I have a chance to dca into the market during the bear.

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Yeah I think there is truth in being over exposed is when things get really messy, but I think everyone has a bit of disappointment when a hard dump hits.

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It is definitiely disappointing, I thought it was highly likely that the cycle had not reached its peak, but would extend. Lesson learned, no matter how likely you think some outcome is, always hedge for the exact opposite.

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People forget that even bear season isn't all down, it's a series of ups and downs. Once you adjust to the new pricing life goes on.

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Thankfully, any selling I "had to"* undertake is behind us, so now I can just ignore it all and get back to blogging.

I remember (as do you, I'm sure) adding a LOT of tokens to my stack during the doldrums back on "Hive 1.0."

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Nice, time to focus on building the community and supporting our favorite apps through these times.

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we need to do a halftime team huddle! and go get ‘em later :)

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Lions Roar!

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My portfolio is making me cry.. lol
Ltc and hive gone in dip
I pray the market recover quickly

And the dip felt on the wrong time, I don't have money to bag coins..
People who will be happy are people that can buy

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Well if you can't buy, put in a little extra effort earning and staking for the future

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Okay, i think that' what i will do
Thank you

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Kinda wish I had more cash on hand.

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I hear that!

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Engagement indeed is a good thing at moment and when the bad day pass, we'll both enjoy the good one coming.

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If we keep the energy high, and make some goals while waiting on price recovery things get better

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If you can, just keep posting, keep commenting keep busy and build a nice stake for when the price goes back up whenever that is. We have no control over the markets, but we can plan on what to do during various market conditions.

I am doing it. I am trying to be consistent. Both with posting, with commenting, and with curating too. In the beginning of this month I started to buy Hive with my Hive Dollars (HBD) earnings. I am trying to do it every day of the month. Of course I power up Hive. I am participating in the HPUM (Hive Power Up Month), so I try to power up at least 1 Hive per day. I am getting closer and closer to 1700 Hive Power. I currently have 1693.337 Hive Power.

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Nice! Going Well! Keep at it, we shall get through this

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Looks like the BTC price falls further. I'd love to be wrong. Okay, let the market do its thing. We can get busy here on Hive with engagement and building over time.

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Let's do it Lions!

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I know this really hit bad but that can't stop my activities here because I know there will always be time like this and one have to just prepare for it. This is the time to get more

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Yep and make it count. Hive earns Hive. It's a good bear coin

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Yes a good coin indeed

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That is the only ay as we can all make a difference and lighten the mood. I have been waiting for this and actually happy it has happened as waiting for the inevitable is crappy.

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Nice! I'm glad it's working well for you!

Many aren't happy and need a good focus now.

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Yes, Sir, Engagement is the most important thing in this market period. We have to consistently and continually support, and build each other because I believe that's what hive is all about. Thanks so kindly for this wonderful thought, my friend.

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Just keep on posting..

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Sure. I will try my best.

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I still don't understand LUNA's dump.... I believe there would be a bounce. Yes...we just have to keep going!

!PIZZA

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Well, there are a lot of moving parts in that dump, I think some have made posts covering the details.

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Yeah.... Seen some. Okay, I know you don't wanna give any advice, but tell me. Do you think Luna would recover?

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If you are considering buying low and hoping.. I considered it too, but I'm going to wait because UST isn't pegged yet.

I think it will survive, I don't know about recovery and I'm guessing, so don't take my word for it.

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And that escalated quickly... $luna hit 0.02. Sad for investors.

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Yeah, ouch. Will be interesting to see what happens next.

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PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@samostically(2/5) tipped @whatsup (x1)

You can now send $PIZZA tips in Discord via tip.cc!

0

A dump like this happened in May 2021 this is why am not really bothered that much.

My only concern is for Luna, that dump is just too much and I doubt if Luna will recover.

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Yeah, will be very interesting to see what Luna does, I mean I'm sure it will survive at some level, but maybe like an EOS just dragging along never going anywhere.

Of course there is a chance for full recovery too, who knows.

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I bet a lot of people needed to read this. There isn’t much anyone can do so it’s best we focus our energies on growing our accounts and try to maintain some sort of hopeful and positive energy on the blockchain.
We will weather this storm.

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That's right, fill the shock void with TO DOs.

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Traditionally, posting and engagement on Hive and Leo is tied to price, when prices are higher we see more activity. However, when the price is down that's when big opportunities come.

Many do not know that bear days are the best days for content creators to Build.

If you can, just keep posting, keep commenting keep busy and build a nice stake for when the price goes back up whenever that is. We have no control over the markets, but we can plan on what to do during various market conditions.

Your advise above is just deep and on point. In times like this, I rather earn than buy.

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Earn and stake it for better days.

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I keep calm by knowing every asset I Own has utility. Let's ride this wave.

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That's a pretty great insurance policy

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LOL, awesome

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0

To be honest, i was expecting tthis dump and tried to get some stables. Best decision ever made this year. Been screaming this for over 3weeks now on my posts here on hive. People just don't believe even when the facts are shown plainly. It's sad.

It's time to stack again tho 😊

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Congrats on being well prepared.

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Thanks WU

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To be honest a big dump like this is actually fantastic news because that has generally meant the start of a next big rally

https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-hive-in-free-fall-but-dont-panic

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Time will tell.

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1 mo

I think we are seeing BTC floor price

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Hmm. Not sure.

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1 mo

Interesting times

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Yea people just need to stay sane and keep doing what they normally do. I don't understand why people leave when prices are low because it's harder to stick out. I am pretty sure people will notice if you start to disappear once prices are rebounding and your skipping the chance to build.

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Not everyone has the vision or experience yet to see what you build in low prices is the best place to be.

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1 mo (edited)

When the chips are down , engagements comes to the rescue. This is the golden reason why the Hive ecosystem will always be a platform that provides succor during times such as this . In as much as individuals clearly state that their opinions aren’t some sort of financial advice low key one gets one or two inklings /lessons as to what to do in FUD seasons and blood bath periods of the crypto blockchain market .

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Community bonds are built on engagement and engagement is the glue that holds it together

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Everything just went downhill. Bitcoin has fallen so low. Maybe it's worth buying coins while everything is low.
I wish success to everyone who trades coins!

Hello from Ukraine! Best wishes!🙏🏼
💙💛

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Probably a great time to buy for those with cash on hand.

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As with the last dips, I'm planning to ignore the panic and carry on as normal for the most part. I don't usually comment on crypto hype, but I succumbed to the current trend earlier. I'm planning to continue writing about hobbies, ideas, and library life most of the time, though. I need to finish an RPG book review and a kids series overview soon, too.

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Such a great attitude, we have to rally around our favorite apps and communities and keep the ball rolling.

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Hi Jacob
I personally won't be changing anything either, in fact it's a great opportunity to increase our efforts. What a thing we all just witnessed - it's going to go down in history and I hardly ever write about crypto because I feel I don't know enough but even I wrote a post on it, so I share the sentiment.

Have a good one and please feel free to check out the new #weekend-engagement topics in #theweekend community, they are all about time - stopping time, going back in time - I'm quite sure that there are a few people who would love to go back a few days ago and get some things in line to take more advantage of the market dip in Hive. I know I would have.

Have a fabulous day and weekend ahead, good luck with your kiddo series and book review too :)

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I admit it's alittle bit discouraging but I'm hopeful..

We keep pushing of course!💯

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Yeah, I understand being disappointed. Also, just keep posting.

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Sure will...
Thabk you🤗

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If your bags aren't feeling any pain I'd love to know what you are in.

no pain here, been parking $ in stable coins. a bit of HBD but mainly UST 🤣

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lol, that sounds painful even if it isn't! haha

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Congratulations @whatsup! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You made more than 21000 comments.
Your next target is to reach 22000 comments.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

1

I thought I was seeing a head and shoulders pattern on the total cryptocurrency marketcap chart for a long time. I did not think much of it. Turns out it was very accurate. I'm not some TA expert. You are welcome to check the charts on your own.

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Yeah, I see it now too.

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Thanks for adding some light on the matter. It's nice to read!

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...and you are right, now is the time to engage and doing everything to keep the platform active:)

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Yep, just keep posting and engaging.

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Thanks for encouragement!

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I was actually having this exact discussion yesterday with a fellow Hiver. I said that a lot of people with smaller accounts are going to get shaken out now that the price has gone down, they won't see it the way I'm seeing it. I'm seeing this as the best kind of opportunity to reach out more, post more and we all have such a good talking point to start on now - it's a common ground essentially - the markets are sucking for everyone that invested in pretty much anything but at the same time, what a freaking time to be alive! We just witnessed a HUGE crypto event that is going to be used in future as an example (ok not cool for the project itself or Do Quan and his people) but we all learned something from this.

As soon as I saw what was happening, I pulled as much fiat together as possible and I bought Hive with it, converted as much HBD as possible to Hive as well - at $0,30 I was getting 3x as much Hive per HBD as a few months ago and when the price rebounds to $1, that's a massive gain. This is the case for basically any Hive that we make at this point.

I enjoyed your post and the positivity in it, I think you have the right idea!

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Yeah, 6 years in to crypto I've never seen anything like the Luna melt down and also so quickly.

Congrats on your newly acquired Hive, it's likely a good move.

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All those who remember late 2018 could say that this isn't their first rodeo.

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That's true! lol

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