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Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun by whatsup

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· @whatsup ·
$59.48
Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
![image.png](https://images.hive.blog/DQmZbQfQmiYJets7vNSk7tgv6WcvK39c3fz92tLxNJ2X7Bt/image.png)

Hey Everyone, 

After Luna melted down last week and everyone was terrified about how low the markets would go things are stabilizing some.  I'm not saying the entire Market turns around now, and there might still be more downside, but I'm not really expecting to see another violent drop.

The fear/greed ratio has gone from 8 to 14, and it's been widely reported that the Luna Team sold 80k Bitcoin attempting to bail out UST.  However, I didn't really see anyone verify that.

![image.png](https://images.hive.blog/DQmbQ9kzEidCDFt4QzzRkwbaqUtU5dwMV3PrsNGPTcCStYJ/image.png)

![image.png](https://images.hive.blog/DQmcyfc9gGfYr6jXj4oAhqpm5GoyaFKeHw3BaptwiEUWBrM/image.png)

So, here we are after the dump and the fear is starting to subside, what happens next?  Almost all the reports I've read have been to the bear side and more down is in store.

I say it all the time, I'm more of a holder than a trader, but I did move a little into USD as a protection against the bear.

With all that being said, we are seeing a lot of Global Bitcoin Adoption and I still strongly believe that Bitcoin and some of the stronger cryptos such as ETH, Hive, and some others that actually have some adoption and a use case will fully come back and experience higher lows than the last cycle.

All finances have cycles and lows and highs, but in the end it is the volatility that keeps it fun and interesting.

This is a great time to build your stake and also support your favorite projects.

It's also a good time to re-evaluate your bags and see what you want to keep.

I have no special skills or knowledge about the future of crypto and Bitcoin, so this post is more of a report from a perspective than anything you should allow to influence your crypto activities



@whatsup





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vote details (520)
@acesontop ·
$0.07
RE: Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
Although I bought some today it's definitely possible that there could still be room for downside. Important to note is also the fact that BTC has only gone x3 in 2021 from its 2017 peak thus the correction might also be a bit smoother.

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vote details (3)
@taskmaster4450le ·
There is always room to the downside.  It is impossible to pick bottoms.  That is why it is best to phase in when prices hit your buying levels.

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@acesontop ·
RE: RE: Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
I know. I also often times compare my strategies feelings and thoughts from now with what I was experiencing in 2018. Some are pretty similar.

Posted using [LeoFinance Mobile](https://leofinance.io)
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@whatsup ·
Agreed and that's a very interesting data point I haven't heard a lot of people talk about

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@acesontop ·
I try to think outside the box. Sometimes it works sometimes not.

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@chinito ·
$0.02
Good state of the market now post. I plan on holding onto all the crypto I got, at least til december, then I have a rethink on it..
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@enforcer48 ·
$0.04
Not getting out of bed for these prices. 
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@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @enforcer48, here is a little bit of <code>BEER</code> from @isnochys for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>
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@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @enforcer48, here is a little bit of <code>BEER</code> from @isnochys for you. Enjoy it!</p> <p>Do you want to <a href='https://friends.beersaturday.com/hive'>win <b>SOME BEER</b> together with your friends </a> and draw the <code>BEERKING</code>.</p> </center><div></div>
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@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @enforcer48, here is a little bit of <code>BEER</code> from @isnochys for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>
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@isnochys ·
Thank you for your [witness vote](https://hivesigner.com/sign/account-witness-vote?witness=isnochys&approve=1)!
 Have a !BEER on me!
To Opt-Out of my witness beer program just comment !STOP below
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@isnochys ·
Thank you for your [witness vote](https://hivesigner.com/sign/account-witness-vote?witness=isnochys&approve=1)!
 Have a !BEER on me!
To Opt-Out of my witness beer program just comment !STOP below
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@isnochys ·
Thank you for your [witness vote](https://hivesigner.com/sign/account-witness-vote?witness=isnochys&approve=1)!
 Have a !BEER on me!
To Opt-Out of my witness beer program just comment !STOP below
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@whatsup ·
$0.06
lol.. this is what I pictured.

![image.png](https://images.hive.blog/DQmVC1prg81vm8xToi9PuEqqWFk9dJKBf2NYAY9y73pXaFK/image.png)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-enforcer48-6ndpbw)
πŸ‘  
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vote details (1)
@taskmaster4450le ·
I pictured something from Dporn but that is just me.

Since this article is PG rated I wont post a pic.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-whatsup-56zqfg)
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@witnessbot ·
Hello @enforcer48
This is my own !BEER
Have fun with it!:)
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@beerlover ·
You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)
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@finguru ·
I took some satoshis out of the 80K BTC sold by LFG πŸ€‘ 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-whatsup-549rvi)
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@gangstalking ·
5 years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem
πŸ‘Ž  
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vote details (1)
@ganjafarmer ·
$0.08
I am just going to sit back and relax and work on powering up as much as I can.... I have a feeling that we're just going to have to sit back and relax and watch all this go down.

But on a brighter side I was able to swap a bunch of hbd for hive and now I'm definitely starting to throw more into reconsolidating some of my decentralized finance positions.
πŸ‘  ,
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vote details (2)
@taskmaster4450le ·
It makes sense to focus upon that which we know is safe.  The waters with crypto are filled with alligators.  We are often lulled into forgetting that before something blows up.

Then we are reminded of how bad things can go.

It is easy to chase the great returns and forsake all security.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-ganjafarmer-kcq4f)
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@ganjafarmer ·
I think that we are doing pretty good here on our blockchain in general with not only safety but opportunity..
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@whatsup ·
Nice Ganja!  It's a good time to get in

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-ganjafarmer-jneia)
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@ganjafarmer ·
$0.02
Now that the price finally went back to something reasonable I am just cleaning up hourly on the free Bitcoin that I'm stacking and hopefully I will end up with that 1% of one Bitcoin here pretty soon...

Until then I might as well just sit back and let everything grow.

And you are absolutely right on this is a great time to get in. If we get all just continue to buy the dip...
πŸ‘  ,
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vote details (2)
@goldmark45 · (edited)
I think the other thing that might be affecting the crypto bear market is the war going on, it's just a personal point of view, the time the news says the Russian soilers are still in the fight for Ukraine the market seems to go down and when the other new comes that the opposite is about to happen the market change it's course. Maybe I am overthinking it but it's my observation.
CTP!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@goldmark45/re-whatsup-81xv6)
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vote details (1)
@hoosie ·
$0.02
I'm an accumulator generally, and it appears to be a good time to buy - crypto is on sale !  But the volatility is worrying, however, I have confidence in HIVE. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@hoosie/re-whatsup-6rdfdc)
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vote details (1)
@whatsup ·
Hive is a great bear market token as long as you aren't powering down!  Build the account and watch it grow when the season changes.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-hoosie-3ac33u)
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vote details (1)
@howzat ·
$0.02
RE: Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
> in the end it is the volatility that keeps it fun and interesting.

Spot on..

This is what I believe has caused more interest for the cryptos.

Posted using [LeoFinance Mobile](https://leofinance.io)
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@whatsup ·
It is a driving force for sure and opposites often compliment.

Happiness and fear
Laughter and tears

There is a ying and yang element

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-howzat-5ez1yd)
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@howzat ·
$0.02
RE: RE: Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
Lol yeah

Posted using [LeoFinance Mobile](https://leofinance.io)
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@ifarmgirl ·
$0.08
Fear was extreme days ago and I can't deny I felt a bit of it too but then thinking long-term made me relaxed afterwards. And now thinking about who to rob so I could buy more of the coins I'd like to have, lol!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-whatsup-571qef)
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vote details (2)
@taskmaster4450le ·
> I can't deny I felt a bit of it too but then thinking long-term made me relaxed afterwards.

Feelings arent facts.

If it gets too bad though, Tequila helps with that.  Drink enough of it and the crypto markets will be the least of your worried.

For me, there usually was a felony or two do deal with but, hey, if it does kill ya, it makes you stronger.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-ifarmgirl-3tnana)
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@ifarmgirl ·
Aah, tequila makes me talk a lot, lol! Not taken any sip of it for ages.

> it doesn't kill ya, it makes you stronger.

Yes, these challenging times are training us to be stronger.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-eswj5)
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@magnacarta ·
> If it gets too bad though, Tequila helps with that.

No Mezcal with the worm in it?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-taskmaster4450le-48ucae)
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@whatsup ·
I also thought I was past reacting to dips, but having feelings isn't a problem. I just don't want to make bad moves due to feelings.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-ifarmgirl-4kea2o)
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@ifarmgirl ·
$0.03
That's right, doing something that later on would make us regret. That's why it's best to stay active here, lol!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-whatsup-3j5xxz)
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@jfang003 · (edited)
$0.08
It's never bad to have some cash on hand and LUNA is just a shitshow. With what Do Kwon did, he basically thought selling BTC for UST would save things and it doesn't help that the debt load skyrocketed once the peg broke.

I plan on just holding for now as well.

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vote details (2)
@taskmaster4450le ·
Makes it look even more like a rugpull.

It will be interesting to see what comes out over the next few months.

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@whatsup ·
Good plan!  Spend energy building here, which I know you already do.

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@josediccus ·
$0.08
Well, even people with special skills on everything crypto had their predictions wrong when they bet BTC to hit 100k last year. 
I think I'm more of a holder as well. 

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vote details (2)
@taskmaster4450le ·
Time is hard to predict.  So I dont hold it against people when they miss their forecasts.

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@josediccus ·
RE: RE: Bitcoin Hanging Right Around $30,000. It's the Dips that Make The Pumps Fun
It is, but sure did aggrandize so many things. I think we can only choose to be minimal with these predictions

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@whatsup ·
HODLERS for the win!  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-josediccus-29adkg)
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@taskmaster4450le ·
Did you read that on a bumper sticker?  Or a Hallmark card?

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@l337m45732 ·
$0.08
I just wish I had more cash to spend on crypto at these juicy prices. Aside from that, HODL on.

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vote details (2)
@taskmaster4450le ·
That is always the case.  We seem to have more opportunities than we have resources.

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@magnacarta ·
--more month than cash.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-taskmaster4450le-4xz8rs)
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@whatsup ·
Earn, buy, hold, whatever you can do.  

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@taskmaster4450le ·
Sell a kidney.

Only one is required.

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@littlebee4 ·
$0.07
It sure makes for some interesting times. 
Great to see the ones with use cases holding on stronger… in those I believe. Just holding on to them, we will come out stronger on the other end. I am so not selling… 

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@taskmaster4450le ·
>It sure makes for some interesting times.

So is setting your hair on fire not that I would recommend that either.

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@littlebee4 ·
Hahaha nope, just grew it back from last time πŸ€£πŸ˜‚πŸ€£

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@whatsup ·
HODL tight!  

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@littlebee4 ·
$0.02
I sure will and try to add when I can πŸ˜‰

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@magnacarta ·
$0.03
Where do we go to see the Bitcoin Fear and Greed Index?  Is there a number for it along with a gauge?  I'm just trying to figure out how it's calculated.

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@whatsup ·
If you are in any discord server with @banjo you can ask him for the current number, with this command $fear

But I think this is what you are actually looking for, which has some explanation of how it is compiled.

https://alternative.me/crypto/fear-and-greed-index/

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@magnacarta ·
$0.02
The link works better for me; it has what I was looking for.  Thank you for the info!

!PIZZA

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-whatsup-4j1nhx)
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vote details (2)
@peatflow ·
the smart guys (about 30%) are buying right now,another 70% have a fear to buy,indicators show that!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@peatflow/re-whatsup-6a1q5v)
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@pizzabot ·
<center>PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@magnacarta<sub>(1/5)</sub> tipped @whatsup (x1)


<sub>You can now send $PIZZA tips in <a href="https://discord.gg/hivepizza">Discord</a> via tip.cc!</sub></center>
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@readthisplease ·
$0.08
Same here, I am also more of a holder than a trader. Only sad I didn’t buy the dip like I wanted to 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@readthisplease/re-whatsup-6gus5g)
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vote details (2)
@taskmaster4450le ·
The dip might not be done dipping.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-readthisplease-6f6gwh)
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@magnacarta ·
In which case, the knife keeps falling.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-taskmaster4450le-4n2wix)
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@readthisplease ·
Let’s see how it goes then. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@readthisplease/re-taskmaster4450le-4wsh3j)
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@whatsup ·
There are always more dips ahead!  lol

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-readthisplease-4begut)
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@taskmaster4450le ·
Along with drips.

But then some people cannot help themselves.  They are just uptight and stuck in the mud.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-whatsup-2cxckp)
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@rynow ·
$0.02
I am sure there will be a rebound, the question is just when??

Unfortunately I don't have extra spare cash lying around to buy more. (I have already bought some, actually before the rock bottom, now I am waiting for the recovery)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rynow/re-whatsup-7y5ihv)
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vote details (1)
@rzc24-nftbbg ·
$0.10
Whenever I see such extreme fear, that to me is a more reliable buying indicator. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-whatsup-sgqhr)
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vote details (3)
@taskmaster4450le ·
The masses are usually wrong.  This is something we see no matter what the market or asset.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-6nfwek)
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@whatsup ·
Yeah, that's why moving against the crowd is a good move
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@whatsup ·
I also think of it that way, buy when others are scared to.  Just picked up some more Leo today

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-rzc24-nftbbg-4z7kdq)
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vote details (1)
@selfhelp4trolls ·
$0.08
I’ll still be in disbelief if the four year cycle plays out fully. But I guess that’s the point right?  They want me to sell. 
πŸ‘  ,
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vote details (2)
@taskmaster4450le ·
$0.02
They want to shake out the weak hands.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-selfhelp4trolls-4p964e)
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@selfhelp4trolls ·
And that's always when I kick myself for having no cash reserves to buy!
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@whatsup ·
Strong communities are made of the strong!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-taskmaster4450le-4ey5wz)
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@whatsup ·
I don't know but there is a lot of bitcoin use adoption happening globally, and the market just absorbed 80k Bitcoin were sold, so the whole bear season isn't down either, it bounces around, usually the last dump is the most painful before rebuilding again.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-selfhelp4trolls-2x4rvm)
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@selfhelp4trolls ·
This feels less like 2018 and more like late 2019 into 2020.  I doubt we are ready for that big jump right away but I can’t imagine us going much lower with all the adoption going on. 
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@steem82868 ·
$0.08
I'm more of a holder as well.
Have this opportunity.I have accumulated 1 Million Starbits in my hive account.
Have a great day.


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@steem82868/re-whatsup-4tzadw)
πŸ‘  ,
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vote details (2)
@taskmaster4450le ·
I am not selling anything either.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-steem82868-32pgz5)
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@whatsup ·
Cheers fellow Hodler

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-steem82868-4e1fsi)
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@taskmaster4450le ·
$0.04
Fear seems to be the strongest when markets are bottoming.  Could this be the case now?

So we are going to see things settle down if this is correct.

As for Terra, it is providing a lot of entertainment.  It is too bad people to crushed by it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-whatsup-5pqh5n)
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vote details (1)
@whatsup ·
$0.05
Yeah, I think it is settling down.  I mean I could be wrong, but that's my view.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-taskmaster4450le-2jvlox)
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vote details (1)
@taskmaster4450le ·
$0.03
Give it a week or two and people will be complaining  that things are too boring in the crypto world.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-whatsup-6llmtj)
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vote details (1)
@teesart ·
$0.08
I've had alot of think and re-evaluation in these past few weeks. Which projects to invest in, their utulity and sustainability. It has been fun so far and I sorta enjoy that than trading. I simply investigate, buy and hold...no stress of if the market crashes more or anything.
πŸ‘  , ,
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vote details (3)
@taskmaster4450le ·
Bear markets are great for pushing people to reevaluate their positions.

When the tide goes out, we see who is without a bathing suit.  The naked asses are all exposed.

This time, LUNA/UST was completely au naturale and people got crushed.  Sticking to where the development is helps me out a great deal.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-teesart-2gsj8t)
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@whatsup ·
I love this no stress plan, that's the way to go

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-teesart-4jmhvn)
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@theguruasia ·
$WINE
πŸ‘  
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vote details (1)
@wine.bot ·
<center>
<sup>Congratulations, @theguruasia You Successfully Shared <b>0.100</b> <b>WINEX</b> With @whatsup.</sup>
<sup>You Earned <b>0.100</b> <b>WINEX</b> As Curation Reward.</sup>
<sup>You Utilized <b>1/3</b> Successful Calls.</sup>

<img src="https://images.hive.blog/DQmSWfbie9MTC172sENiA16bsMaz1ofT6AAyTo1ishasrcX/winexcomment.png" alt="wine_logo">

---
<sup>Contact Us : [WINEX Token Discord Channel](https://discord.gg/rS3KzjJDCx)</sup>
<sup>[WINEX Current Market Price](https://hive-engine.com/?p=market&t=WINEX) : <b>0.381</b></sup>
---
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<sup>[Read Latest Updates](https://peakd.com/@hiveupme/posts) Or [Contact Us](https://discord.gg/rS3KzjJDCx)</sup>
</center>
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@uyobong ·
$0.03
And I wonder if there's a way to get the fear off the Crypto investment grid? Does this really happen with fiat money?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uyobong/re-whatsup-5vmgku)
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vote details (1)