Aiming for 150K Hive
Crypto and stock market both are down right now and I feel rather then panicking this should be treated as an opportunity to invest more. Ideally when the market goes down there is lot of panic sell that happens, and when market goes up then the buy happens on the basis of fomo. It should be working in the opposite manner though. This time in this crash I did manage to buy some stocks as well as some alt-coins including Hive. I feel that it is at the lowest now and from here on it will only move up. The only thing needed is patience.
I will not disagree that I was feeling very nervous and scared also when it was going down. But then this downfall was predicted by quite a few analyst and it was coming up, so the sooner the better, so that we can move ahead. The worst stage I feel is the one when nothing is happening for a long long time and there is stagnancy, which has been happening since the past few months. It's been coming down, and it was like a slow kill :-) making mental torture....haha.
The few mistakes that I am always making is that I am waiting for these fixed figures in my mind for each coin to sell. Rather the strategy should be to sell at every pump and then buy back again at every dump making small amount of profits continuously. I think it in a way that what if it does not go down, then my profits will be minimized. Now also I am thinking in the same manner, that this one cycle I do not wish to follow the pump and dump sell and buy strategy and just wait for the target price I have on mind. After this cycle when I re-invest again then that time I will start following it.
I am so happy that I could buy some additional Hive, I am also thinking of buying some more. I want to grow my account to 150K hive by end of this year. Honestly I had never thought of it this way, but now thinking. To accumulate as much as possible Hive at it's lowest so that even if it does not cross $1 and I have to sell it some day, I can make decent profit. Let's see how the year goes, we are still far from the bull run, so till then make the most of it by investing in these lower prices.
What are your sentiments on this season of the market?
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Mujhe lagta hai ki aapki pahle wali strategy bhi sahi thi aur ye bhi sahi hai par dono mein se kise follow karna hai ye is baat par depend karta hai ki aap hive ka future Kahan aur kitna door dekhte ho aur aap kitni lambi race ke liye yahan ho.
Main to apne trader mindset se har important resistance par sell karna prefer karta hoon. Waise apni stock market to India US trade deal ke baad se naye josh mein hai aur gold ne bhi kaafi recover kar liya hai ab bas hive ka intzaar hai. :)
I strongly agree with what you said—that patience is really needed. Without patience, an individual will not last long in blockchain, or even in the stock market. You can easily get tired of waiting and wondering when prices will go up again, especially now that crypto prices have taken a long time to recover.
Is a good idea now, buying and storing then wait for the time of increase, harvest time of course because it must come as we wait
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If your account were to reach 150,000 HP and Hive were to return to $1, it would almost be inappropriate for you to sell but simply power down your curation, haha. Obviously, it depends. We're still talking about $150,000, things that change your life forever. However, it certainly depends on how you feel at that moment. If I see that the situation is stable, I'll definitely sell the $150,000 HIVE after maybe a month of delegations and liquid HIVE payments. Imagine how much HIVE you earn. But it's all up to you.
For the future, since this is an Italian community, it would be nice to see a part translated into Italian perhaps <3
#ITA
That a very great idea, I am totally agree with you, I crypto market, Any thing can happen, Not just 1$ it can reach to 10$ in second, just like the previous dump from 0.20$ to 0.03$ in one night. Also With the buying low and selling high, not every time is perfect, I lose much more. Great Idea Keep it Up and you will see the result one day
This sounds like a great idea, this time when the hive price is low. I see you powering up a good amount of hive as you stand at 115k hp at present. I am also buying Hive and powering up, and my next goal for me is 150k HP as well. Many congratulations
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