Bear market is always a best time to grow the numbers of cryptocurrencies we have, especially it's a great time to stake more in our native token HIVE. Also best time to get that cheap coin you wish to add to your crypto portfolio as the market is down. Everyone waiting for the bull run, but the truth is that some still want the bear market to stay around for awhile, whether bear or bull both are good.
The bear market helps us to obtain more coin for the bull run which is beneficial both financially and for our future. I really wish there should be more time to accumulate HIVE so I would reach my hive goal. I have been hooked to reach 2kHP for the past four month now, but things look difficult and I have to step down some of my coin when I had an emergency.
It really not a good thing to power down during the bear market to Sell low, but when you had an emergency and you need money urgently you have no choice than to take out of the one you are keeping for the bull run and put them on sale, it's more better than going into a debt.
I know it's not a best option but we have to survive with what we have, especially those fulltime on hive that doesn't have another source of income. Sure HIVE cannot make us rich in short period of time, but HIVE have been helping individual in meeting an urgent needs.
I don't know if you're among those thinking HIVE can 10x, I don't think HIVE can 10x because the system is not designed to make you rich in short period of time but if you accumulate more doing the bear it can create a great future for you. And that is why before the bull run we still have time to make a smart move to accumulate more HIVE for high profit on it.
The Smart move that you can take now is to buy, let your engagement high to earn higher on the chain, also set some of your post rewards to 100% HP, this will be beneficial to the decentralized platform and also help you to reach your goal faster.
If you check in my profile lately you will noticed that I joined the Music community to showcase my talent and set my rewards 100% HP, I love singing and I see it as add up and easy thing I can do to grow my HP, it's not like cracking my brain all days to write long format post. Well, I'm growing everyday with my participation on the blockchain with writing and I really appreciate everyone checking on my Blog everyday.
Oh, don't let me go off topic. Yes, we are talking about the smart move you need to accumulate more.
It's undeniable that many of us has been putting hive to sell doing the bear market because of money issue. I think is still a good time to fill them back with smart move. Aside increasing your engagement, set some of your post to 100% HP rewards, you can also follow the signal for short time accumulation.
Using a Stop and Limit Order can also help in accumulating more Hive when the market is not stable. It obvious the price is not stable for some days now, and I think that serve as an opportunity for to accumulate more HIVE. If you have been trading Sell and Buy for the past week with Stop and Limit Order I know how much HIVE you will have now in your wallet. People really taking that to a next level, which I think everyone can also do it to increase their stake.
Furthermore, diversifying is very important. The Smart move to make use of this bear market when every other coins are also low is by diversify, spread your investment across other low cryptocurrency. I believe that is the best time to pick that your favorite coin you lamenting you cannot afford at low price in the market. Buy coin that will 2x, 3x,4x, 5x 10x right now in the bear market is a smart moves that I think can impact your crypto portfolio in the future. Although there is no 100% guarantee of success on crypto investment, So activate DYOR and make a best investment decision.
Bear market is an opportunity to grow, take it and take a one step ahead your financial growth.