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The Sky is Falling by tarazkp

View this thread on: hive.blogpeakd.comecency.com
· @tarazkp ·
$36.26
The Sky is Falling
<div class="text-justify">

I have seen a couple random posts today asking "what has happened to the price of Hive", as if a drop in HIVE price whilst the rest of the market is dropping, is unusual. What is good for me is, some of my HIVE buys went through on the internal market. A little higher than I would have liked seeing the dip, but not that bad. After all, that is where I set the buy mart at, so I must be happy with it. The buy price doesn't matter as much as the sell price, right? 

>If not selling, all is well :)



![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23yJLVU5XDihJRAxWtNAd8NFQBy75oJp4AAv5g3s3C37tNDmUhokxbgKepWXzQ9Scquch.png)

However, there is a psychological impact made as price drops. Those long, red candles are a bit like getting a school report back from a teacher with red ink all over it - should have worked harder.


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/Eo6BjWzHhd45WV25KbZnuMiUu6s7a7ayo3NaLbVHoynM731PQ6xxMJmNWsDYz343BKy.png)

>How annoying is that 0.004...

Then there is the second-guessing and the "should have sold" internal dialogue, as the brain does mental gymnastics highlighting what ifs. 

>If I had sold 1000, I could have bought back 1100.

>If I hadn't bought 1000 yesterday, I could have bought 1100 today.

For the most part, it really is a useless mental exercise. Not only because you can't go back in time, but because when you were *back in time* you didn't do those things, which is proof that you wouldn't have sold, because you didn't. It is like all the people who think that if they had bought 100 Bitcoin for a dollar each, they would be millionaires now. That isn't the case, because most would have likely sold them when they reached 5 dollars each, or ten. Our brains conveniently forget all the in between time where our human nature kicks in.

>Diamond hands.

How many do you really know who have them? I know quite a few who mention they do, yet check their wallet and post feed, and that is unlikely to be the case. Look at your own history and see what it says about you if you were to look at it objectively as if it is someone else's account. 

>Happy?

I spent some time discussing some internal processes with a sales leader this evening and we ended up talking about human behavior and how people may feel that they are behaving in the right way, but they don't actually know if they are, let alone if they are performing the tasks efficiently or effectively. If they took a step back and compare notes they would recognize their gaps, but they don't, because that reinforcing feeling says they don't have to. However, what should indicate that they might want to investigate, are their results. 

>Most just keep banging their head against the wall.

And so it goes with trading, as even when we might know what we need to do, knowing and doing are two different things. But, it is very easy to get some kind of *trader feeling* from looking at charts and doing nothing more than lamenting buying too early or selling too late. It is like reading a news headlines on Twitter about some global event, and feeling like that has somehow helped the situation. 

The sky might be falling, but staring at it and doing nothing isn't going to stop it, nor is it going to protect us from the impact. Sure, an might be inevitable, but at least in *trying* to do something useful gives us the chance to influence the outcome. Personally, I'd rather a bad outcome after trying, than a bad outcome from standing still. 

But, a drop in HIVE price isn't a bad outcome, as I took a little HBD I had liquid and bought some more. And if it drops further, I will probably buy some more again, because it really doesn't matter what happens to the price on any given day, it is about what happens to it over the space of time, and I am looking into the years ahead. 

>Waiting for the arrival of the bullmarket is useless, if when it arrives, we hold nothing.

The sky isn't falling. The opportunity to buy is increasing.

Taraz
[ Gen1: Hive ]



</div>

Posted Using [LeoFinance Alpha](https://leofinance.io/@tarazkp/the-sky-is-falling)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 446 others
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vote details (510)
@ablaze ·
I had some buys set as well, so overall I'm happy enough as I know we will be back at 0.35 sharp enough and then hopefully kick on from there again. I'm in for the long haul ..
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@acidyo ·
What if I could predict the future and build a time machine to go back in time and predict the future better?! 
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@acidyo ·
I should start holding some liquid hbd for times like these, though, and also some liquid hive for other days, I should know by now that these swings are all memecoin like in these markets and even with nonperfect trades you could easily beat the apr of dolphin/orca accounts by doing a few trades per month somewhat in the right direction. 
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@alex-rourke ·
$0.14
Yeah, but trading is stressful.  
👍  
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vote details (1)
@alex-rourke ·
> Look at your own history and see what it says about you if you were to look at it objectively as if it is someone else's account

Well, I could be more active, that's for sure, but I haven't sold a single HIVE and won't for the next few years. Having 100K HP when the price reaches $4.2069  seems like a bet worth taking.
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@anakinobi ·
$0.16
I'm just getting back in the game so I don't mind the price drop at all, gives me a chance to load up and earn before/if ever the price goes back up.
👍  
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vote details (1)
@tarazkp ·
Hey, I read a post you tagged me in a bit earlier. Welcome back. I don't know who you were prior, so I guess you get a clean start! :)
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@bozz ·
$0.23
I was really excited when I saw the price hit right around $.31.  I had some HBD I was sitting on and I immediately swapped it into some Hive.  I've got another big power up coming my way next HPUD!  I think I should hit 60K HP by early next month!
👍  , ,
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vote details (3)
@shanibeer ·
60k would be grand 😍
👍  ,
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vote details (2)
@tarazkp ·
or 60 grand
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@tarazkp ·
>I think I should hit 60K HP by early next month!

Nice! That definitely deserves a celebration post :)
👍  ,
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vote details (2)
@devpress ·
$0.16
Seen this happening plenty of times in the past. This is why I don't worry much. Instead I managed to buy HIVE. Because lower the price, more you buy. And that helps with power up and some times when getting the hive to sell in exchange. I guess we approach the crypto market like stock market, easy panic lol.
👍  
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@tarazkp ·
Panic on the dancefloor for many it seems. The slightest blip and they get rattled. 
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@ducecrypto ·
Great insight into price action. Price dips only cause losses when assets are sold. Like you said, I also see this as a prime buying opportunity before the next leg up (around Q2 2024 IMO).
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@ghua ·
$0.16
I have diamond hands - I never sell, be it coins or nfts

which sucks. 
big time:D
👍  
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vote details (1)
@tarazkp ·
It sucks ass! :D
👍  
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vote details (1)
@jfang003 ·
$0.16
It's definitely an opportunity but nobody really knows what happens with the price. It could go up and you could think differently. So the best people can do is act on a plan and stick to it. Do the research and if you have faith in it, then buy in and invest. I don't really care about the price of hive as much because I don't plan on buy or sell right now.
👍  , ,
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vote details (3)
@tarazkp ·
> It could go up and you could think differently. 

I am happy either way. I don't want it to drop to zero, but I don't mind the fluctuations. Looking forward to when there are some dollars in the price too though :)
👍  
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@manoldonchev ·
Well, last skyfall I went all in and no dedicated fiat left to continue. It's just waiting now. Not selling at a loss is still a challenge ;)
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@mattclarke ·
$0.03
I have a lot more appetite for HBD this cycle. When Splinterlands feels like it's near the top I'll move a lot of gains over. I'll totally bollocks the timing of course; but that's the plan.
👍  , ,
👎  
properties (23)
authormattclarke
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vote details (4)
@meesterboom ·
$0.20
Oooo, I never even noticed the dip! Time to convert an hbd or two!
👍  ,
properties (23)
authormeesterboom
permlinkre-tarazkp-rzi19k
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vote details (2)
@tarazkp ·
$0.11
Yeah - I did a few I had spare. I noticed because I saw that some buys went through! :D
👍  
properties (23)
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vote details (1)
@meesterboom ·
$0.04
It's always good to get a little cheap!
👍  
properties (23)
authormeesterboom
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vote details (1)
@mightyrocklee ·
$0.16
I noticed that too, I may need to follow some of your strategies. I just do writing and curation, and some Hive returning tokens.
👍  
properties (23)
authormightyrocklee
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vote details (1)
@tarazkp ·
*Don't follow me.*

But really, it is worth thinking about strategies, because it is very easy to get into a groove and feel like it is the best way, because it is comfortable. 
👍  
properties (23)
authortarazkp
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vote details (1)
@mikezillo ·
I got executed several orders as well. Some tens of Hive I would say...
Dropping makes better opportunities for buying! 

Besides, when the market collapse, how in heaven can Hive non facing a little shake as well?
properties (22)
authormikezillo
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@pazartesi ·
$0.16
The market really dropped, which is a good thing for some people and not good for others. As for me it is an opportunity for me to convert my HBD to Hive.
👍  
properties (23)
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vote details (1)
@tarazkp ·
Every move is an opportunity for someone. 
properties (22)
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@rafzat ·
$0.16
Well, I am very glad that I recently bought Hive and I know I bought the dip so I'm happy about that
I will make profit as soon as the price rises
I'm one of those who believe so much in Hive. 
👍  
properties (23)
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vote details (1)
@tarazkp ·
Profits are only made on the sell at a profit. I am yet to make a profit :D
properties (22)
authortarazkp
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@relf87 ·
> I took a little HBD I had liquid and bought some more

Wow I did the same too! Great minds think alike (hopefully)! Hehe!
properties (22)
authorrelf87
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@riverflows ·
Funny, I just looked at the price and was happy. WE've been around for dips before, and it'll go up. I'll wait a bit longer and exchange some more HBD for Hive I reckon. Seems like opportunity to me, though I can't afford to buy much at the moment.
properties (22)
authorriverflows
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@urri2020 ·
$0.15
I'm a bit nervous. If bitcoin drops by 25k, how much will HIVE be worth. I don't want to work 2 times more and I don't want to spend 2 times less money :)
👍  
properties (23)
authorurri2020
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0.
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vote details (1)
@tarazkp ·
$0.05
No one wants to be forced to spend 50% less :)
👍  , , , , ,
properties (23)
authortarazkp
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vote details (6)
@valggav ·
$0.16
btc has already dropped many times. But it seems to me that there are fewer prophets of doom.

which is a good sign. so even falls are beneficial, I think
👍  
properties (23)
authorvalggav
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vote details (1)
@tarazkp ·
There are still a few prophets of doom about. Maybe less are active at the moment though.
properties (22)
authortarazkp
permlinkre-valggav-rzhyes
categoryhive-167922
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@videoaddiction ·
$0.16
I might converst some of my HBD to HIVE if it sees below $0.30. This is my plan for a long time.
👍  
properties (23)
authorvideoaddiction
permlinkre-tarazkp-2023816t20141704z
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vote details (1)
@tarazkp ·
I had some buys in around 28, but ended up buying at 33 :D
properties (22)
authortarazkp
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