Bloodbath In My Portfolio (HIVE, SPS, other ALT's)

in LeoFinance3 months ago

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In amidst of war, the crypto market has taken a hit. Not only crypto market but stock market is not being able to keep up with the downtrend. Which is why we are probably going to see a massive correction taking place in the market. It is difficult for many us to keep up. As those with funds are taking a massive opportunity at the current moment. While there are those who are just watching the fun from sidelines.


HIVE Portfolio


In my HIVE portfolio, I have a decent amount of HIVE as HP, while I also have liquid HIVE in my Wallet & CEX. Keeping funds in liquid is sort of a necessity as we all are aware what HIVE can do when they are being played with the Koreans. We can see a massive growth happening for a very short period of time. Which is why, just play it safe and wait for the right opportunity at the right time. While sell high and buy back later when the price settles down. Until them Keep doing DCA and increase the allocation of HIVE for the time being.


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SPS, one of the most anticipated token of my portfolio. Those users who have seen SPS at its peak, they do know how it has performed during the bull run. As of now it has declined in its price is unimaginable ways. But yet even after all this we are aware about the fact how the team is trying to improve the game and do whatever is necessary for the game to reach at its peak. I have a certain portion of SPS in my HIVE wallet. In addition, I intend to increase my allocation in the coming days. As if everything regarding the game gets to be a hit again, than it will do wonders in the coming days. Which is why, it is possibly the best time to accumulate this particular token and wait for the good times. Although, it is a long term investment and we never know what will happen in the coming days.


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And for SPS we need few more boosting's in its infrastructure. Introduce more ways where a user can gain benefits from the game. Also, get more listings of CEX when the market rallies back during the bull run. Hopefully a Tier CEX listings would give us a very good shout out to us all those who are heavily invested into the game. Also make the game even more interesting and as easy as possible for new users to explore.


Now lets go outside of HIVE and see what is happening. It is literally bloodbath going on in the market. We sure have no idea how the situation is going to turn out but tbh if the war escalates even more we are going for a very deep dive in the market, which will bleed us in uncomprehensive ways.


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Oh man! I literally have lost the efforts to check few of of my portfolios. As there are few coins which has gone wild in price, which has lead my portfolio to go down the gutter :). Although, there were few coins which has not been able to keep up with my expectations but tbh there are coins which I preferably believe will outperform my expectations based on the upcoming trend and projects which are in the sleeves of those coins in my portfolio.

Which is why, it is better to do DCA on those coins which you believe will do wonders in the coming days. And also invest that much which you can afford to loose. And one of the main point out in these situation is, you can not afford to get out the market once the bloodbath is going on. Instead, you need to wait and wait for the right opportunity to dive and and take profits when the market recovers : ) Remember, you will only be in loss once you close the trades or else it is just impermanent loss for the time being.



Image source: Coingecko, Dexscreener


Best regards
Rehan

Want to play & earn from Splinterlands

Join via, My Referral link

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