The Bear Market Blues Are You Buying The Deep?

Who would have thought when bitcoin saw it’s all time high of $64k some years ago that the same digital asset will make another record of seen an all time low twice the same year?. Well that’s the crypto market for you, I would just say crypto because looking at the volatility nature of how these digital assets are built is quite different from stocks.

I have been in the crypto market for about three years now I have witness both of climate thus the bullish and the bearish nature of the market. One thing particular about the bearish market is that is a period where you are advise to build your portfolio, because this period you get prices of digital assets cheap.

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The bearish market is really not something you have to be scared about, because like system when the bullish run is running excessively the market needs to correct it’s self. Sometimes this correction last more than three months, both climate are greatly influenced by activities happening within the ecosystem and this present one which we are experiencing started earlier this year.

Which has given investors more opportunity to enter the market at cheaper lows, with the collapse of FTX and other several exchanges investors are not talking about rules and regulations which will guild the system to providing them with soft landing.
A general advice is you have to do your research before you take on investing in any digital assets, to avoid losses unbearable as we in a bumpy ride still the market recovers.

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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

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Twitter:Hironakamura

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