Crypto Market Has Crashed
Sounds like a day of destruction. Crypto Market has crashed, and all profits have been erased within a few days. We were hoping that the markets would recover after it hit the 28k low but here are some downsides we are facing and we are not sure if this is the end or we still see it going below 20k again. If that happens we will be going back 2 years from where it started to rise.
Image from pixabay
I was hoping that by the end of this year the market would grow, but now that looks impossible and it might be another 1 to 2 year wait until we see some good prices. Some analysts point out that this is not low and we may see a sharp decline, it is crazy to see prices fall so low. My heart sinks every time I see prices fall and the value of my portfolio drops. I have stopped looking at prices. Am afraid to look at them.
For some years we last saw the best prices and after that we hoped that the price of the Hive would once again rise to $ 5 and $ 6 but it seems to be taking forever.
I will not play anywhere. I am not at a time in my life right now where I could put myself at risk. All I can do is keep my stock up and wait for the right moment. At that time I will continue to work and build on my account. This is what I can continue to do and I hope that one day it will bring good benefits and efforts will bear fruit.
I know this is a great time to invest, but I am not doing any more investing now in Crypto. I have a good portion of my money in Crypto Investments and now I look forward to making money with it in due course. After all it is not good to have all your eggs in one basket no matter how profitable they look. I feel a little nervous about investing too much in Cryptos. We lost about 30k on it. Who would have thought that we could lose money with stable coins
No need to complain about it. I know for a fact that the market is going to get better but it will take time for it to go down. And we do not know how long we have been in this bear market, until we see the light of day. Then we will see the price of Hive return to 6 $. I'm looking forward to that golden day.
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