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My thoughts on the recent crypto dip

avatar of @xawi
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Zeee
@xawi
ยท
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ยท
3 min read

Hello, people of the crypto world,

Nowadays, the recent crypto dip is the hottest topic of the town :P. Well If I say crypto dip didn't affect me then it would be a lie of the century :P Like other people yes dip has affected me as well. I have been collecting hive by selling vouchers so I could buy some more BTC. Hive is dipping so is BTC. Truth be told people are sad BTC is crashing but I am actually happy :P BTC dip has given me an opportunity to buy it more. Well, meanwhile I am just praying hive to rise a bit so I can take a needful step.

The above image I have shared, it's me every morning when I look at hive price ๐Ÿ˜‚ When everyone is depressed due to markets I am enjoying memes and jokes about crypto dip :P I have learnt from Neo sir that you buy when other people sell and you sell when other people buy. I am planning to buy my favourite coin SPS because SPS is really on the hit list of dumpers.

My biggest mistake of 2021

I still regret that My investment in Axie was the biggest mistake of 2021 :P XD. Today when I checked my AXS staking I was surprised to see it has dipped a lot. I converted my all SLP into AXS when it was being sold at 128$ and today I saw it is now 50$ :P I can't believe I have lost a lot of money in this dip. But I am chillin'

Dip keeps dipping but I am not panic selling

I will hold AXS till my last breath now because I am never going to sell at this price :P

What is the cause of the recent crypto Dip?

Well, I have heard this news that the recent crypto dip is because of Russian Government is planning to BAN BTC and its mining. Well, I don't know why there is always a dip on things when a certain Gov announces some utter shit. Before it was China all the way and now Russia is seeking attention.

Well, I am not a crypto expert but I know a very basic thing, don't fall for this dip. Don't panic sell tightly hold your all crypto assets otherwise you will regret it later. As I mentioned up there I am planning to buy dip so right now I am having a 2600 hive. I will buy 1000 hive worth of sps and will spend 1600 hive on BTC. Yea not putting all eggs in one basket. Diversification of your investment is always good.

Market Depth of SPS

0.14 hive is the last ask right now and if I buy SPS now I can buy 7k sps with 1000 hive. Imagine when sps will hit 1$? Simply i will be in 7x profit. The right decision at right time is the money. So instead of crying over dip I'd say just relax chill hold your assets and if you have spare money, then buy the coins that you have a strong belief will moon.

Don't take it as a crypto dip but a golden opportunity. It's all about vision and wisdom how you see things. I have given enough motivation I guess now I should go ad sleep see ya good night