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RE: The Crypto Market Is So Volatile, Is It Safe To Invest In Crypto?

in LeoFinance2 years ago

It is difficult to tell what support will work and the market starts bouncing back. The bear market is the best time to accumulate cryptos. And you will not feel like you missed the train when the market is on the uptrend in a bull market. :)

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agree but we need to be careful when investing as you see luna went to 0

I think HIVE is a bit different, given it is part of a connected ecosystem, value is retained - and, ultimately, most people's HIVE stacks have been earned from blogging. It's a bit different to working the 9-5, and losing investment. I see my HIVE pile as part of my investment mix, but if it went to 0, loss is largely time.

Hive gives an opportunity to anyone to get involved in crypto without putting your money out of your pocket, no matter where they live. You invest your time and effort here on Hive and accumulate HIVE in different ways.

Again you can diversify your portfolio and reduce the risk. I think it is a blessing what Hive offers and how you can grow and explore.

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hive doesn't have that much of a risk as we see the hive going from 0.4 to 1$ pretty often and a lot of have stake in it also hbd is not like ust

That's why selecting the assets is one of the most important things. Otherwise, no matter what strategy you take will not work. People who did DCA or bought the dip when LUNA crashed lost their all money, DCA cannot save you if you make mistakes selecting the assets.

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agree how much you lost I didn't buy lots of luna but was planning to but I did have around 5 luna staked