It seems that this period in the cryptoverse is the most frustrating, discouraging and forsaking time to many in the cryptoglobal. This is because of the current price of crypto as a whole in the crypto market.
I know that many are frustrated because of high expectations placed on their crypto holdings and assets. Everyone in the cryptoverse wanted 2021 to rollover and everyone expected a glorious 2022, but it's as if 2022 is the worst year for most crypto holders.
Just check out what happened to TerraUSD (UST) and the entire LUNA investments few weeks ago and imagine how much assets (in dollars) investors have lost within this period of time, of which many will not recover for the rest of their lives.
My question should everyone pullout from the cryptoglobal.
The plain truth is that the cryptoglobal is designed this way to enable new investors to emerge and stockpile their crypto arsenal waiting for a bullish run that'll change their life and take them into that financial freedom they desire.
Understanding the current state of the crypto market is very important and applying wisdom at this point will make one happy or sad during bull seasons.
Dip season is to hodl, stack and stake
Are you aware that the best to grow your Hive Power (HP) is now, because the Hive rewards system is no longer at 50/50. I've noticed that the HP is currently higher than the HBD in terms of quantity, although, they still have the same value, which brings it back to 50/50 value.
Most Hivers are already discouraged in creating contents even when the value of HBD is still stable. My topic says, what'll be the value of your assets if there's a bullish run and Hive becomes $5 and Leo $2?
I will vividly say that most person's reaction will just in a facial expression mood but in reality they're not happy because they didn't obey the laws of bear season: to hodl, stack and stake.
My advise for Hivers in this current dip season
I'll say that Hivers should look towards the neglected Hive Engine tokens and hodl, stack and stake them and also raise their HP.
The level of your stake during this dip season can determine the level of your upvotes (Curation) during a suddenly hike in hive as well as Leo price.
Currently the internal hive market is favorable for Hivers to buy hive and convert them into Hive Engine tokens such as #leo, #cent, #ctp, #pob and many others. These tokens will guarantee you of some good amount of passive income and set you for the bull season.
Finally, pHBD, pHIVE and pSPS are also fruitful channels to wrap your on-chain HBD, Hive and SPS, this is because of the value you'll gain from them in terms of high interest rate in APR and APY. Don't keep your hive assets (HBD and Hive) dormant create more values through the PolyCUB V2 vaults.
Posted Using LeoFinance Beta