Crypto Market Panic Phase is yet to come, Be prepared

in crypto-market •  6 months ago 

Everyone is happy with the current market situation where bitcoin was trading above it's recent all time high at 73k dollars. The greed increases in people as we see the market moving upward without correction and that is why a correction is also necessary. The market saw a dump and we are currently at a 10% price fall in bitcoin and entire crypto market.

Source

I think the panic is not yet started even though I can see some getting panic asking what to do and that is why I asked them to not panic and be prepared for the panic phase of crypto market where we will be made to believe about the false market perspective. The halving is also near and if things start to repeat then a dump near it also what we all must be ready to face.

Here is how we can prepare ourselves for the panic phase of the market. Before that I will share this with everyone, I think that the bull market will stay with us for three quarters of the next year which means it will be around till the month September. bear market stayed around for four years and so don't get in the trap where social media is promoting the end of the bull run which is just getting started.

Source

So here is what you must do,

  • Hold good coins and don't sell them in panic.

  • Monitor the global crypto market cap and compare it with the last one.

  • don't chase the pump or dump.

  • Ignore the market and buy if a big dump comes in.

I hope there will be a additional research of your own before you follow what I share as I am not an expert nor an financial adviser. you can create your own ways to survive the panic phase and if you are someone who survived the bear market then most probably this panic phase will going to be a lot easy for you but those who are new will definitely have a tough time as they will see a lot of things happening for the first time.

GAMES I PLAY ON HIVE BLOCKCHAIN

Golem Overlord - Join here

Golem Overlord

Golem Overlord is also one of the best games built on Hive blockchain. It was the game that gave tremendous return to it's player who joined in early. One of my friend suggested me this game two months back and that was the time when i started playing it.

Golem Overlord is a little bit similar to Terracore but both have their own selling point as well. In Terracore you have planets and Terracore is a old game that is why the development there is more compared to Golem Overlord.

But we are seeing regular updates from Golem Overlord and the team is making sure to bring in new features for the players. This is one pf the reasons why i can recommend Golem overlord to anyone reading this blog.

Crypto-Shots

image.png

If you have played PUBG then you will know what is team death match, this game has that game mode for now where two teams starts again each other and the team with most number of kills win the match. Your rewards are also based on your kill to die ratio. If your KD was 20 then you will be awarded with 20 Doom tokens at the end of the game.

So the feeling of playing COD or Pubg can now be enjoyed on hive blockchain as well. Feel free to join it as well and i gaurantee you that you will not regret joining this game. See you on the other side of this blog.

Thank You

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  

I just keep collecting Free Bitcoin, Blurt, Steem, SBD, Tron, Dogecoin, HBD every day…..
No matter what the market is doing.