When the market is going for the bottom and all hope seems to be lost, the best advice I would suggest to anyone in the crypto world, especially Hive users, is to look the other way around.
Yes, just ignore the market going downhill and double down on your activity rate here on the blockchain. This is the best advice I would've loved to give myself too, as it can be discouraging to see almost everything in the crypto world bleed.
There is blood in the street right now…but that also means there are more opportunities now, more than ever. Yes, I meant that.
You might've been hearing about the buy the dip and all sorts of ideas to tackle the downtrend in the market, but the best way I would propose to people is that you won’t always have the funds for when the market does go downhill.
This is why they always come as a shock to everyone, as these unexpected events will never happen when we are expecting them. Presently, what many expect is for the market to be on a bullish run.
Yet, the opposite is what's happening. That's why you can never be prepared for times like this. For this reason, I would implore Hivers who are in the same situation to not leave Hive and start looking for funds to invest in now.
Because the moment you leave you might never be able to catch up to the market again as it might've bounced back before you have enough funds for the dip.
If you see some people who are buying the dip, it's because they are either lucky, rich or experienced enough to expect a situation like this to come. Not that they know when, but they are prepared for it whenever it comes.
Many people have not used up to 1 year here in the crypto space, so you might not be that experienced to wait for this moment even if you are rich.
Right now, the game changer for everyone who can't buy the dip is that this is the best time to stay active and engage more with people.
The reason is that if for the past few days now that the market has been in a downtrend it's like the number of posts is also going downhill.
And that means curators would be looking for more posts to curate as the activity rate of users are low. You might not be able to get a big vote that would be substantial, but every bit matters, and can also stake as much as you want or keep them liquid to trade when the market bounces back.
Thanks for reading. See you in my next post.