Week 15: Should I Panic?
Woke up today to a very panicky crypto market, mostly red charts, some with up to 30% drop in prices. My Hive portfolio value has been slashed by a few thousand dollars but for some reason, it felt kind of okay. It's different though when looking at my other wallets off-chain. I get doubtful and panicky at times.
It occurred to me that it might be better to wait until the Bitcoin halving is over before making any kind of moves (purchases). People seem to be very nervous these days and if the halving day is going to be a "sell-off" event, then it will be nice to be in a position where we would be able to take advantage of some coins or tokens on sale.
But then again, I still bought a few more HIVE today. Can't resist it when the price has hit 34-36 cents.
Anyhow, it's the weekend and for those who have been reading me, you know it's time for the progress update. Hope no one is getting bored already with my weekly ramblings.😅 And so here they are, the numbers I mean :)
Staked HIVE (Hive Power)
- Current HP: 18,686
- Previous Week: 18,535
- Increase: 151HP
According to Hivestats, 23 of those were my curation rewards, 15 from daily power up, and others from content rewards as usual. A good reason why I stay consistent in creating at least one long-form post daily. The rewards simply add up.
Staked LEO (Leo Power)
- Current LP: 29,257
- Previous Week: 29,192
Added 65 LEO in the week from HP delegation rewards that are directly staked to my account and also from my manual daily staking in the amount based on the calendar date.
My content is mostly published on the INLEO frontend and I also engage on threads so there's always a chance of accumulating LEO through this method aside from the curation reward that I get from my Leo Power. Speaking of which, I've just been a recipient of a 10k LP delegation for participating in the previous LPUD. This means I now have at least 39k Leo Power which translates to more rewards whenever I curate on INLEO.
Sometimes, I also get so lucky and receive some fat LEO Whale upvote on my threads which is just awesome.😍
HBD Savings
- Current: 840 HBD
- Previous Wk: 795 HBD
- Increase: 45 HBD
A good chunk was added during the week. I just randomly add any amount, depending on my liquid HBD balance. Also claimed the savings interest of 12.70 which boosted the total amount. Would be nice if I'd be able to grow this to a level where the interest is sufficient to pay for my StarLink monthly charge, lol!
Anyway, here's the quick summary in table format. Still growing amidst the panic in the market.
| Previous Week | Week 15 | Added | |
|---|---|---|---|
| Hive Power (HP) | 18,535 | 18,686 | 151 |
| Leo Power (LP) | 29,192 | 29,257 | 65 |
| HBD Savings | 795 | 840 | 45 |
And perhaps it's time for the hubby and I to plan when should we convert the majority of our crypto assets into Stablecoins, knowing that the bull cycle is not going to last forever. We made some mistakes before and don't want to repeat them this season.
So how about you, what strategies are you employing? Hope to read them below.
Happy weekend frens!
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Congratulations for inspiring achievement ma'am ❣️
Aww, you're so kind, thank you and let's keep building!
One thing for sure... PANIC is a big no in trading.
I think you made the right choice in buying during the low prices.
You know it is ok 😅 thats why we dont panic, during dumps and bear market are the best times to stay active on Hive and keep earning, accumulating while the rest panic, on the long term is what turns the account strong, when I look to older accounts who have more than 4 years feel my account still so little so I just keep going, stop is not an option 😅✌️
You are growing steadily and the numbers are adding up quite nicely. The dip and panic is a part of the market. The best we can do is keep growing regardless of what the market is doing.
Thank you ;)
And yes, you're right about not letting the market negatively affect our focus.
You’re growing gradually and I must commend you for your hardwork. Also, I think there is nothing to panic or worry about. Crypto price will still pump up again so we gotta wait till then. The BTC halving is enough to make us sure that there will be a pump
Thank you lots, !LADY for your kind remarks. Setting goals keeps me a bit more focused and avoid panicking when the market behaves wildly. And yeah, this turbulence is just part of the cycle :)
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Thank you lots :)
I was expecting a market dip ahead of the halving. FUD is currently very high in the market.
It's wonderful to see you are accumulating, very encouraging.
It's good that you expected this dip which means you are prepared to take advantage of it :)
I am buying bit by bit hehe. Thanks!
!PIZZA
If you are new, or went all in, a drop can cause anxiety. When you have been around a while, are looking to build your stake, or have liquid stablecoins/fiat to buy the dips, it is a day in the life and just opportunity.
Crypto goes /, then it goes . Then it goes / again!
That's right. These dips are a wonderful opportunity when one has funds set aside. Crypto certainly keeps going.
You are getting better and growing strong, this is a motivation to me and other and I am sure we all will win at the end.. Good one friend, keep it going.
Yes, the only way is keep pushing forward :) Thank you for your kind thoughts. All the best to us all!
!LUV
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You are welcome. The goal is to get better and stronger always.
My Binance portfolio decreased a few thousand too 🤣 and it saddened me to think about having no extra money to buy during the dip.. I should have sold some assets when the market was still green..
It happens haha! Sometimes we tend to not listen to our instincts hehe. All the best sis!
I bought hive thrice in the last 24 hrs xd. The price was too good haha.
You are saying that there will be panic selling during halving day but when you look at the current price I think most people will wait for it to hit ATH high again. From what I read online the price is gonna increase a lot after a few months after halving. Although things changed this time because of the ETFs. I wonder what will happen now.
That's great! These prices are indeed irresistible. Bought some too and got a bit more when I woke up a few hours ago and saw HIVE was at 31 cents.
It will be interesting how the market is going to behave on halving day. While most are panicking, others are scooping some more and stacking up.
!PIZZA
The panic of the halving is making many people nervous. I'm glad you said hive is okay.
Yeah, while some making profits out of this dip, people are getting liquidated and others taking advantage and accumulating.
I am not panicked and I didn't bought anything. I decided to observe more. I set buying order at 34 cents. Unfortunately buying order wasn't triggered. My bad luck. I hope I will get the opportunity again.
!PIZZA
Not your bad luck. From what I see, HIVE has dipped even more. Hope your buy order at 34 cents wasn't all in. But then again, you're smart not to do that😉
!PIZZA
Panicky situation indeed but when one's holding for long term, I guess it's okay.
That's a good way to see it.😉
$PIZZA slices delivered:
@hoosie(3/15) tipped @ifarmgirl (x2)
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ifarmgirl tipped solumviz
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i guess with halving price will pump and people will cashout making it going down
!LOLZ
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He wanted something *meteor*.
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Maybe. Perhaps this dip is a chance for some to ape in and then cash out when the market recovers.
!PIZZA
This time of mostly red charts could be a time to buy more tokens.
Your rambling is a form of inspiration for someone else.
Yes, an opportunity indeed to keep building our stacks. Thank you lots !LADY for your kind words :)
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LOHtokens.@ifarmgirl, you successfully shared 0.1000 LOH with @edith-4angelseu and you earned 0.1000 LOH as tips. (5/24 calls)
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Never good to panic. I am pulling HBD from savings with a plan to buy more HIVE and then sell during the next bull run and then convert back to HBD.
Panicking makes us act irrationally so yep, it's better to manage our emotions well. Sounds like you have planned things well, all the best :)
We shall see. Plan is to buy low and sell high, haha!
I bought some hive recently at a similar price around 34 cents. I am also panicking too about my crypto portfolio and I did try to buy what I thought was a dip then it went down even further haha. Let’s just say I am totally in the red at the moment
It's okay. It's just funny when the market does that but if we have funds, we can buy even more with the further dips.
Market is no doubt panicking many, but it is good to see you are doing okay and you take this normally. keep buying the Power.
It shakes people. Thank you and hope things are going well for you.
I bought 0,1BTC worth of Hive, almost 20K :)
I hope Hive will rebounce, it is absurdly underrated now. BTC is doomed to go higher and it will take the Altcoins back with it, latest in summer.
PS: Thanks for voting for me!
Whoa, that's certainly a great move, taking advantage of the bargain.
You're welcome. I was reviewing my votes and noticed I had some available.
Wow - you are killing it ! Great week - nice work.
I'm also not sure whats going to happen with BTC. I was also waiting for the halving event, but am now not sure at all where its going.
Best of luck when it comes !
!ALIVE
!LOLZ
!PIZZA
!PGM
@ifarmgirl! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thank you, Hoosie. Things are uncertain and we will just have to wait and see how it will go when the halving comes :)
https://twitter.com/lee19389/status/1780203196083732567
#hive #posh
Hi, you created a great post and as such you have been selected as a 'Saver of the week' with the #saturdaysavers club !
The Savers of the Week post can be found here:
https://peakd.com/hive-167922/@eddie-earner/saturday-savers-club-savers-of-the-week-ending-19th-of-april
Thanks for producing great content.
I hope you have a great week - and keep on stacking !!!!
Cheers @hoosie
!ALIVE
!LOLZ
!PIZZA
!PGM
@ifarmgirl! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thank you lots, yay! The week has been good and the weekend is going well too. Enjoy yours :)