This is a tough time for the investors in general and crypto investor in particular. I think the crypto winter has started and we'll see a time when bitcoin along with other cryptos, will be cheaper.
We may see a global financial crisis during this year. Japanese Yen carry trade may create the problem of liquidity in many countries. If the interest rate increases in Japan, that will trigger Japanese money to inflow in Japan. For this reason, money will be sucked out of cryptos, US treasury bills and stock markets. It means global stock prices will come down. There may be massive sell off. Crypto market is nothing compared to global stock markets. A small fraction of money will come from selling of cryptos but it will shake the crypto market because it's size is still very small.
So, it was good for me to sell out my hive stake and invest on concrete assets but I love hive and I cannot see its destruction. Hence, I decided to power up this day, though #hivepud aka hivepowerupday is still far away. I hope one day Hive will be a successful blockchain.
Thank you!
