Nine months ago I would have argued we will ever see Bitcoin touch 30K again let alone 23K hours ago, waking up to a dip of this magnitude just when you think the market was beginning to recover for a bullish momentum and then the opposite is the case.
It is really disheartening witnessing the state of the crypto market in this condition.
Hive exhibited a good momentum the past week peaking at 60 cent, the last 24 hours saw Hive dipped to a low 36 cent. A look all over the crypto market reflects blood.
At this stage we can only wonder at what price level is the bottom for Bitcoin, since Altcoins depends on its movement. No one can tell, we can only speculate and watch on.
I am only concern at what price level is the bottom, the thought of Bitcoin going to zero is none-existence to me.
There are news all over the place, go to Twitter and you will find the ones that never read Bitcoin whitepaper but are quick to tell you Bitcoin is going to zero.
At this stage all I can do is watch on, I will be on the sideline watching the dip, no funds to pick my favorite cryptos on sale, every dip is a sale since no one knows the bottom for perfect timing.
And for the crypto I can accumulate in exchange for my time on Hive I am not taking my foot of the gas, I have targets to hit.
I remain cool headed, no thought of hitting the sell button.
We owe it to ourselves to make Hive great