Like so many other people in crypto, my portfolio has gotten wrecked over the past week. I have no idea how low we are going to go, and I really wish that I had some loose fiat or any crypto that wasn't down so I could buy more Hive. These prices we are seeing right now are pretty good, and if you aren't exchanging your HBD for Hive yet, you are going to regret missing out on the chance once the market goes back up.
Instead of sitting indoors and wallowing in misery, I decided to get outside with my wife and get some fresh air and sun. This whole situation with the market reminds me of when I got into crypto back in 2017. The only difference is that this time, I have significantly more money invested, so it is a little scary not knowing how long this will last or what the outcome is going to be.
One thing I do know is that I have weathered the storm before and came out on top, so I am hoping that I am able to make it through this one even better. One thing I have learned during my time in crypto is that bear markets are where you make your money. You don't make the big gains when you get in at the top. So for now, it is time to educate yourself on crypto projects that have proven themselves over the years because there will be many that do not make it out of this.
I did see something that made me laugh though, Poloniex, which is a crypto exchange owned by Justin Sun. Poloniex has a stable coin backed by TRX and it is falling hard just like Luna. I hope that TRX goes to zero and Justin Sun loses a ton of money and people see him for what he really is.