HOLDING ANY CRYPTO, AT WHAT RISK ?

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It looks perilous at time to hold any currency with decreasing value. It is something you do not see first holding fiat currency since the domination looks stable to the eyes. It seems the word inflation has take the first stage for everyone. In the US you heard it elsewhere but now it is in your face.

Bear market is not even transitory. It is an indication something is not right at the present system where a correction is happening. I have heard #BTC will go down to $20k. I guess it is close approaching and it may happen sooner than later. As you know situation this dramatic shows the effect of supply and demand with liquidity.

It is necessary to think of what you need to hold. You cannot drop everything and go buy gold or else. You need to buy an asset class that can weather the storm. Even #Gold lost $50 today so it is more than we know at the present time. The problem is global and whatever you do you will be touched by this bear movement.

One thing you need to acknowledge today. This is something that was bound to happen. It will make no sense to think crypto will stay up forever. I see why some do take profit when it is right to do so. Since we are in bear country, it is time for some to stand and make small move. Some prefer the daily cost average. You buy a little bit and watch the market. It is a slow but moving way to accumulate.

I prefer holding token like Hive or Leo since it is used to power up and earn curation long term.
Usually when I mention holding crypto it is more appropriate to see what you gain by doing so.
If you have little amount, it makes no sense to hold it in BTC just seating somewhere with no movement. This is why DEFI is another example to put your passive crypto to work.

The market will have different value at anytime. It is up to you to consume and find the right mix for your portfolio. Hive is a great example and glad if anyone finds this community the right mix.
While the bear is being a bear, time is ripe to get some Hive at 30+ cents range. A dollar can get you three. Sometimes the dollar can go a long way. Not sure how long the timing will stay this way but daily cost average always make sense.
Keep the vesting going

HOLDING ANY CRYPTO, AT WHAT RISK ? | Ecency