DCA Hive Sell Range: $5-$50 ; Bitcoin $200k-$400k
Everyone says "buy the dip".
People are getting so lazy about it they say BTFD (buy the fucking dip). Keep calm and keep buying, yada yada yada. Too bad you can't afford to buy the dip if you have no money. Too many people advise buying the dip and no one seems to advise selling the spike. Oops.
If we look at Hive, anytime the price goes x3 or higher it's almost guaranteed to slowly dip lower than that over the coming weeks. Most people complain during this time that they have everything powered up and cry out for 4 week powerdowns. On a certain level that's pretty ridiculous because the first big dip comes long before the first week passes. A power-cooldown fixes this. Another easy solution is to allow Hive to be minted out of thin air using CDP loans. All in good time.
The real solution is to employ financial discipline. If you want liquid funds to sell the spike... then don't power it all up, duh. Personally I'm not looking to sell any Hive until it hits $5. There's going to be a ton of resistance in the $5-$10 range due to how many people got wrecked in 2018. The vast majority of the network has already signaled this future.
Hive is harder to predict, so I'll start selling at $5, but I think it can get as high as $50 this time around. Therefore I'm looking at Bitcoin as the anchor for the entire space. My target there is $200k-$400k BTC.
I think it's pretty obvious that we aren't even close to the parabolic euphoria of the mega-bubble peak. Lot's of people are worried that it is already here, which is exactly why it won't happen. When everyone forgets that the market can crash: that's when we need to be worried. Still targeting the end of the year Q4 but it is possible to happen a bit earlier. Red flags will go up with BTC is trading x10 above the doubling curve. That's a BTC value of $180k in June and $250k in December.
Green with envy
As DOGE continues to rock #5 on the market cap and copycats like Shibu Inu perform even better, there's a lot of salty people out there who are only concerned with the value of their own bags. I fall victim to this myself, until I realize I'm in control of over two hundred thousand dollars and I ask myself how that's possible. It certainly shouldn't be considering the circumstances, but here we are.
Even worse are the DeFi users who constantly chase gains on brand new projects that just launched. Seems like there's a coinflip chance that they rugpull, but it doesn't matter because the gains on the ones that don't can go x100 within a couple weeks. How many of these networks have staying power is yet to be seen.
Diamond hands my ass.
All the people invested in CUB acted like they were diamond hands when the price was going up. Now that we are scraping rock bottom lows everyone panics and demands better marketing and faster development. Wow, how the wind changes in a couple weeks. So many pretenders out there who fronted like they were the real deal. You can't forge a diamond without a lump of coal.
I am a bit overextended on CUB and feel a bit locked in at these low prices, but that's nobody's fault but my own. I am a bit annoyed that I longed the price in the den when I knew BNB was bullish no matter what. No worries though: I live in abundance I have plenty of resources. In fact I've been giving away crypto to random people who know nothing about it just to build some excitement. I tell them to hold it until Christmas and I'll get back to them about how to sell it. Early Christmas present.
Conclusion
This bull run is far from over. The bear market will strike when no one expects it to. All we can do is DCA and lower volatility. Stop chasing x1000 phantom gains and play a safer game.
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I think the guys in the long "complaining" thread have got a point about marketing. You can be diamond paws all you want, but at some point if it keeps going down people are going to fold ... seems like that's already happening.
Personally I'd like to think that I wouldn't have had so much in
BNB if not for that farm, and so even as Cub approaches $1 I'm still ahead.
Love the idea of giving early Christmas presents!
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The ENTIRE POINT of
DIAMOND HANDSis that you hold while the price is going down.Literally the entire meaning of the phrase.
The phrase doesn't exist for any other reason.
I don't see any of the people complaining actually doing anything to help.
It's obnoxious and hypocritical.
Yeah okay, kid.
Whatever you say.
I'm over it.
I'm actually not as invested in this topic as it may seem.
These patterns will continue on till the end of time.
Can't stop the mob from doing mob things.
I hear you. Not much to say on the topic actually, everyone has a valid point.
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It is why so few end up making money in markets. To excel, one needs to continually be going against what the masses are doing since they tend to be late to the party, both entering and leaving.
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Powering up, not powering up it is confusing at times lol. I don't have a lot of anything 😂 so I just hold onto what I have, but would it be smarter to keep some liquid Hive in ones wallet here or the HBDs? Or a little bit of everything? I keep buying Hive with the little HBDs I gather together with my posts, smart or not.
I wonder if I ever will get a grip on the crypto selling different wallets stuff and Co lol.
Anyways, I enjoy reading a post here once in a while where I seem to grasp a little bit 😄
with HBD trading over $1 I wouldn't keep any of it.
Peg is broken so I just exit till it's back to where it needs to be.
That's what I do. It's peanuts but little animals and their droppings right? It's a German saying in case you wonder lol. So keeping some liquid Hive, bought with HBDs, a little better than powering everything up all the time?
You are my best bet so far on answering some of my naive questions 😅
Thanks for your insight. It is interesting how the fervor for the project is diluted with the price that Cub has, however, it is a matter of trust and as you say: a diamond is not born without a lump of coal. I remain expectant and with the personal tranquility of having invested in an excellent project, even though I am part of those who don't know much about the crypto world. Thanks for the post.
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I'm a random person that knows nothing about crypto. You can make of that information whatever you decide
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Would be so awesome if Hive ever reaches 50$.
5-10$ seems realistic from what dogecoin did.
It can happen if FOMO gets crazy enough.
Hard to imagine though considering what happened in 2018.
What about ethereum?
ha... lets see...
mostly looking at BTC to get to those levels without guessing ETH.
But If I had to put a number on it my range would be $20k - $100k
It is a rug pull. Get out now.
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Believe it or not, this is the exact kind of post that I needed to hear today. I mean I am not dumping or anything. Probably not falling into any of the pitfalls that you mentioned here either, but this was a good affirmation that what I have been doing is most likely the right move. I appreciate this a lot. Thanks for giving me something I really needed even though it was pure chance!
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Need a firm mind to have diamond hands. Do not fall for the Chicken Little stuff. Those who chase and try to outsmart markets never do.
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Yeah, I have fallen for a couple of things here and there. I need to just focus on a couple of things and ride it out I think.
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Where did this "diamond hands" thing come from? I can't recall ever hearing the phrase until a few weeks ago when the GME kids took over the Doge Reddit and started using it every other post.
Pretty sure that's where I heard it first as well.
I think it's been around a while but not popular until then.
you are spot on. My personal targets are BTC 100k, ETH 5-7k, and Hive 3$ in ~6 weeks.
While I wish the leo team was more communicative, I find it quite ironic as well how fast people's mood change... Really shows you who is here for the long term and who wants to cash out
Ah you're expecting a legendary June run as well eh?
well yes, that's the plan. I think it actually has a good chance of playing out; but markets have to go up in the next week, otherwise I think it will be a completely different scenario with BTC only reaching 100k for this cycle.
That. Couldn't have been said any better.
By the way, does your friend still hold his LTC?
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yep I have 2 friends holding ltc
I am sitting on some LTC. Hodling all the way.
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While everyone else is getting out, I plan on starting my position in CUB with some of my LEO earnings. I think people will bounce back once LEO or CUB prices start bouncing but I do think the TVL dropping isn't a problem in the long run.
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Do you read my solution with 1 week power down + 13 weeks for gov votes charge? 1/13 each week.
And for all that want the 13 weeks power down a 13 week treasury power up. Maybe with some cool benefit if you don't power down for 365 days 5% more gov vote power or whatever :).
Treasury power-up can be also longer like 52 weeks with higher interest earnings. But not to long because people can mistype something and become a 130 weeks power down for example :)
Would be cool so every user can decide and pick up what they want. Like 50% with 1-week lock up and 50% with 13 weeks. Would it make it more dynamic and cooler :)
I moved a bunch into CUB at this level. It is just too nice of a setup... and I know the development is coming. I know that 1.77 or whatever it is at right now is near the bottom... I bought at 2.10 sadly... but I have a feeling in a few months that will all be in the rearview mirror.
I agree. I am looking buy Cub. I am putting all my Cub from farms into cub den and accumulating Cub
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Ya, hitting the CUB den will be the play soon (if not now).
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Yes, I agree we are definitely in a dip and it’s a good opportunity to accumulate Cub.
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I bought at many different levels and will continue to do so. Long term project with high upside in my opinion. It is one of those, if it hits, will provide life-changing money to people.
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Ya, I have a good cub stash at the moment. Life changing money is all around us. Patience is all I need.
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I think this is a good entry point for Cub. I'm really confident that the ongoing projects will kick things off soon.
We'll see the money flowing back in and those who endured will not regret it
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It looks like a strong entry point to me but then I was buying on the way down and will continue to do so.
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Your post was promoted by @clicmaster
When I see red I hear buy especially on solid project, I remember leo trading from 0$ - $1+ cub will do same, looking for spare cash to buy more now
Buy when there is blood in the street...even if it is yours.
I agree, I am adding to my CUB hodlings.
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Thanks for your calm stance! Your post is a welcome reassurance when waiting for more news.
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I dont know why people get jittery. It seems like they are expecting bad news.
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Definitely the time for patience for the big things to come. Alt season is coming and our project is a great one with a bright future. This is where life really test our loyalty. We must prove we are not fair weather friends.
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Very sound advice. I am thinking I should start selling half when things spike so I have cash for the inevitable dip. It will b nerve racking, but profitable and if it doesn’t dip I will buy stable coins and deposit them in a den.
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I agree.
It’s time to put up or shut up.
Now is the time to write gushing articles to remind everyone how great an opportunity we have here on Leofinance.
Now is the time to praise the leadership for a job well done and not just applaud but figure out how you can help, like buying Cub, adding Liquidity to WLEO or BLEo to help make the Bridge successful and stuff like that.
Now is the time to show support on Twitter and keep hyping our project.
We need to do what we can as individuals to promote this project and make sure that the team here knows we appreciate their efforts!
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Hive $5? Wow
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DOGE is a shocker, too bad I sold all mine a very long time ago.
I'm just a small fish but HOLDing my HIVE is what I intend on doing.
!BEER
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View or trade
BEER.Hey @edicted, here is a little bit of
BEERfrom @rentmoney for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.LOL isnt that the truth. Easy to be strong in a bull run. It is during the bear where the intestinal fortitude is forged.
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Very true about the whiners with the price of CUB, now they are all desperate but when the price goes back up to $3 they will start to praise it and promote it everywhere.
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Well, for what it's worth I'm also largely in the CUB den, with a sprinkle in CUB/BUSD and bLEO/BNB.
Investing means taking risk, so I don't mind the drop too much. At least I entered the den at a reasonably low price ($2-$2.5), and I do think the Kingdoms will give us a range of new exciting investment options, and a mild boost :).
The advantage of cheap CUB is that I don't have to worry too much about it dropping even more. So adding in to CUB/BUSD is much safer than before imho :).
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crazy times. I just started dipping into degen trading a week or so ago due to some questionable influences. These stupid memecoins have made me more in a few weeks than all the legit projects I own with a fraction of the investment. If that's where I can earn my bread then so be it.