Too many in Crypto don't use the Bear Market to their advantage and this is evident even in our own Hive community when our feeds turn into a trickle. This should be the time when everyone is doubling their efforts to cash in on what is the easiest time to grow and take advantage.
Back in 2018 when I joined Hive having no idea about the Crypto cycles I had no idea that what I was doing back then was the right thing. Being active and consistent every single day is what makes the difference as over time that stake grows. Knowing nothing else this is what has happened and it hasn't stopped since.
The Bear cycle allows you to position yourself to take advantage for when the Bull cycle returns. Crypto is that simple and why those trading and waiting for their next trades are missing out. The possibilities are here to grow your value every single day by being active. There are no tricks and it is that simple. There are no hidden secrets and are all clear and obvious for those that pay attention.
Over a 4 year cycle it is not difficult to add some serious value changing your financial outlook forever as this is life changing money that is on offer. I do see the cycles changing as Crypto matures so this may not always be so straight forward but by then if you have paid attention you should be financially secure.
I have seen various programs on offer where you buy into a Crypto type guide helping you transform $30k into $300K over 4 years, but come on that would be quite basic and is all about timing. Where else can you make so much money unless you are gambling. 300K over 4 years works out to around $6K per month or $200 per day which is a serious amount.
The first 4 year cycle I was involved in and had no idea the timing was correct resulting in my Crypto bags being valued at a cool $250K. This is by someone who had no clue what they were doing and only wanted to succeed. The trick is to wipe that thought out of your head and push on for the next time the prices do their magic and transform your bags by adding a zero or two.
I was always fascinated how many had made their fortunes out of Crypto yet they didn't come across as being extremely smart or overly intelligent. This is all about timing and knowing where the market is and what is possible. the knowledge that this doesn't happen overnight and not giving up are factors why so many miss the point and fail.
If you are on a blockchain like Hive you are in the right place and now make that count. On Hive you are ahead of the game as there are so many earning possibilities which other communities do not have. There are no excuses as we all have the same opportunities by being here and that is the hardest part done of finding the right place to grow.
Within the next 2 cycles we should see the amount of Crypto millionaires popping out of Hive increasing by just being involved and remaining consistent. This is quite scary when you think about this, but it is what we are seeing. When I signed up accounts valued at $50K or $100k were around, but it just seems like there are far more around now with larger values.
The smaller accounts have grown by being the backbone of the community and this bodes well for not only those accounts, but for those that have just started their Hive journey.