Power up 3000 Hive and reached 70k HP Milestone

This time, the entire crypto market is down including Bitcoin and because of that, we have seen the price drop for Hive as well. Yesterday was the day when Bitcoin and other coins crashed a lot, the Hive price was below $0.15, and I converted HBD to Hive. I got over 6 hive for 1 HBD and this is the crazy amount we hardly get. I think this is the steel deal when you are getting more than six high for one HBD and I can say that we should not be missing out on this opportunity so I tried my best to convert as much as possible. Now that I have converted it's better to power up and it is surely going to help grow my HP holding.

I have powered up 3000 hive today and with this power-up, I have reached 70k HP. This is not a small amount but I think it is very important to make the right decision at the right time especially when the market is down then we should try our best because this can be the best time to accommodate more. I don't expect any further drop in the price this time however a little collection is possible. I didn't want to wait further and did my part to convert and power up the hive as part of my long-term HP building strategy.

This powerup is successfully done and below is the balance of my current HP holding which is 70K. This is not a stop for me and I will continue to follow the same strategy to build more hp however I will try to buy more if it is possible for me because the price is low and I consider this as an opportunity for buying and accumulating more. I remember in 2020 the high price was almost 10 cents and whoever purchased the hive at that time was very happy because this was the lowest price at that time and the price was grown by 30X within a year.

I dont know if that is going to happen or not but I expect a significant price appreciation over. This is why building more HP is my goal which I have been following and its for the long term. HP is something that is not for one day instead it is for the long term so if you can build your HP holding then it can be your way of generating some passive income. Buying from the market at the right time is important and I have done it multiple times which is why I can build whatever I have as of now and still I will be trying to buy some if the price drops. My ultimate goal is to have 100K HP and now I have achieved it by 70% so for the remaining 30% I will be trying my best to bridge the gap as soon as possible.

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Having a look at the above chart shows that the buying opportunity below 15 cents was available only fast sometimes and I was lucky to grab it. Now the price is back again at about $0.17 and it looks stronger at this level with good support but again its the crypto market so if some more negativity flows around then we can expect some drop otherwise, I expect some increase from here as well. What are your thoughts about the current cries and do you expect it will stay here or is it going to drop or increase?

Thank you

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