Ignore the Paper handed FUDsters!

"They sold their crypto because the TV said there'd be a war with Russia"

•James Banks

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Fear, Uncertainty And Doubt. (FUD)

FUDsters are at it again. With bitcoin slipping down to $38k and many alt coins down by at least 10% in the last 24hours. It is that time to spread doubt. Doubt, uncertainty and fears to the mind of hodlers.

When times like this happens, I usually refrain from checking the markets and the news.

However, I'm more connected now,so i actually do enjoy checking these things.

The Obvious News

Reports everywhere says the crypto red candles formation is due to the threats of Russia to invade Ukraine.

According to Coin Telegraph

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged plans to invade neighboring Ukraine.
After a quiet Saturday, crypto began to move downhill after comments from United Kingdom Prime Minister Boris Johnson on financial blocks of Russian firms should the situation escalate.

How True is this?

It looks like a really good way to throw people off! Come to think of it, bitcoin was trading at $44,300 and it looked to be reversing and all of a sudden it kept going down almost immediately after the news.

Just 5 days ago, I was reading a post by @edicted . He actually did believe we were in the bull run and bitcoin was going to pump like crazy this week. According to him in his post, he said;

When is the next bullish full moon? Tomorrow. I think it's gonna be a doozey. Expecting to at least get rejected at $50k. Hopefully more like $55k or $60k, but not gonna hold my breath.

Considering that this post is less than a week old, I must say, things really went sideways.

Is Russia Focus On Propaganda?

I dont like talking politics. However, this case has affected the market one way or the other. I for one believe that Russia won't invade Ukraine. Not because they can't, it is because they don't actually plan too.

I'll believe Russia attacking the Ukraine when I see it, otherwise it's propaganda and fear porn. Russia attacking Ukraine is brought to us by the same people that pushed WW3, Russia Russia Russia, and C19 all while Trump was in office.

• Watchdog

Following the situation, I believe Russia plans to frustrate them as much as possible. To what end? I don't know. However, it is just a game of chess that would end in stalemate most likely.

A Crypto Logic To Always Hold On To

If there is one thing I've learnt over the years when it comes fo crypto is that, the market always recover. You've just got to hold on tight!

Think about it this way, Even if bitcoin drops to $30k today. It would still recover because alot of people will buy the dip.

I remember last year when i was still big on futures (leverage) trading, I wanted to enter a long so bad with $100 when bitcoin was $29,000. I planned to do a 10x long.

Then i came online to Twitter to check the news, all i saw was; CRYPTO WOULD CRASH TO ZERO, BELOW $2OK SOON and many more similar news.

All that came to mind was that, I shouldn't long anymore. Probably that was one of my biggest regret in 2021, because even till now, I would never have come close to liquidation.

Time To Build

Factorio is a construction/building simulation video game. The main aim of the game is to keep building. In some mode, there are biters that tries to distract you from building. To successfully play the game, you have to be focused and smart.

I believe in these situations, we can either buy the dip or even stake more.

Hive actually helps; This is a very good time to keep engaging and creating contents. Distract yourself from the market maybe by building.

In the @leomarkettalk today,

Daily Crypto Markets Live Blog

I wrote this;

It is very interesting to know that everyone that has been active on the hive Blockchain for the past for 3-4 years have made at least 5-10x of their investments.
That's the power of long term!
At $1 , hive is doing well to some people.
Think about $leo , $leo got to 4 times the value of hive at some point. Many bought into hive with their leo tokens. I think $leo was $1 at that time.
With this being said, i think we are in for a good ride if we keep building. It doesn't really matter what exactly we are building hahahaha
$leo $cub $hive

In Conclusion...

Don't buy the news from FUDsters, believe in the system. Those who have stayed have benefited greatly. Take this time to build and enjoy the crypto world.
There is really alot of things to do here. I will end with a quote from @ezrider in his post;

Wealth Tips: Cost of Average Investing

"When you see FUD posts, it means that the windows of opportunity are opening ever so slightly."

Some of my articles you might like...

They Call It Internet Magic Money

Blogging On Hive : The LeoFinance Factor

Centralization Is An Abomination, Decentralize Everything!

MONEY MONEY MONEY.

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Thanks For Reading!