The Bear, the FUD & the Opportunities

"Happy are they that GATHER & STACK (HODL) Crypto during the Bear season, for they shall TAKE PROFITs during the Bull" - @Uyobong (04/11/2021)

The Bear market, the FUD & the Opportunities

Many times, life throws beautiful opportunities to us in unexpected ways. My adventure into the CrytpoVerse came at a time I felt like life isn't fair with me. It came at a time I was frustrated with securing a job which I had the credentials sufficient for it, but for politics and corruption in the system which denied me the job. However, I started writing on Steemit Hive during that season in a bid to relish myself of the worries and to find a place to learn new things.

I never saw blogging to have been a career path that could put food on my table, pay my bills and help me undertake some serious life projects, but is did and still doing today. Truly, had I secured the job, there would have been no sufficient time to have invested in creating contents here. Today, I am glad for the disappointments of the past and how it has opened up a golden opportunity for me today.

The present unfolding of the bear market in crypto has generated great fear among investors who are yet to understand the dynamics of investment here. Bitcoin's Fear and Greed Index is showing extreme fear (-12), Dogecoin's Fear and Greed Index is showing extreme fear (-23) and Etheruem's Fear and Greed Index is showing extreme fear (-19).

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The story is far different or $LUNA and its wrecked (REKT) and Binance is already delisting LUNA and that's a sad news for investor. This is one of the things that is building more FUD in the market and it may still continue for the next few days.

Now is the the Time to Fill the Bags and a time to HODL

The opening quote in this post was conceived some time in November last year during the bear market. It dawn on me that the bear season would always be in any market and like @Taskmaster4450le would agree that it helps to allow an entry point for new investors. We always have to expect the bull-bear-bull-bear cycle to be completed for the health of the system.

Bull and Bear days are a must but not permanent in the crypto world. They come in their times and seasons and leave when due. We love the bull and hate the red days, yet, in them lies the wealth if the cycle. Weeks ago, I stated that "understanding the times and how the different seasons evolve is what makes the difference in all spheres of life".

Truth is the spreader the better. The high bleed we see is that huge volumes of tokens are held by a few whale accounts and they are the ones that can trigger a bearish run. The more an asset is spread across more accounts, the stronger the asset would be.

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Now could be a hard time for many, especially those who do not have reserves to live with while this season last. This bear season could be long and could be short. We can't tell how long. However, this season presents those with a long term view to buy in.

It would be wrong to spend when you have not gathered. As such, crypto investors who would have smiled during these bull days are those who had filled their bags before now.

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Now is a great time to decide how the future would turn out to be. Anyone who wants top enjoy the bull season and take out profits by then, must be ready to take the risk of gathering during this bear season and as well HODLing.

Now is time to Earn more

Hive blockchain gives us several opportunities available in the cryptoverse. This bear season calls for a new strategy to keep in touch with the changes. For me:

• It's time to earn more HIVE
• It's time to engage more on leofinance.io for increased LEO staking rewards.
• It's time to earn more LEO from my comments. I anticipate Khal's free 100 LEO this week.
• It's time to invest in CUB and POLYCUB. These are DeFi assets for the future and they are at their lows presently.

Will this bear market change your crypto engagement routine?
It would definitely for me. earning more Hive Power and Hive at this time means well for the future. Those who wish they had enough Hive to take profits during bull seasons have the opportunity now.

Join Hive Here and start a new work!

What is Hive?

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source

About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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