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Btc has been in a downtrend for some time now and one thing I take away from this market is that hive is as strong as ever because the price is holding up strong and if we should compare it to some other top project in crypto we see that the bear doesn’t really have much effect on the blockchain.
The crypto space has been in panic mode ever since the FTX and Luna incidents. Unfortunately, any negative news has the potential to trigger a market downturn. Recently, BTC and other top projects in cryptocurrency experienced a downgrade, which has caused a lot of panic. However, I have noticed that hive community remains strong by this news, and there is no panic among them regarding tensions in the market.
Luna's event demonstrated that anything can happen in cryptocurrency and that is why people are taking precautions to protect their investments but hive community is growing stronger each day, with new developments instilling even more confidence. It's an exciting time for everyone involved in hive blockchain space.
Powering up
One thing hive community has helped me to do is the ability not to be wary or panic because immediately I interact with Twitter and see the tension growing among people and how the fear in people is increasing every day it makes me scared but immediately I come to hive community and I see the calmness on how people are even powering up it inspired me to do more.
The confidence I have in the project has led me to power up almost every day now and I am become an addict, which is a good thing. I am now reaching my goal quicker and also securing my future.
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Analyzing the market is good for everyone in crypto.
Invest in what you understand.
Thanks for your time.
