This is the third time I've been in the crypto bubble and saw it popping.
Hive was 3.40 now about 90 cents.
BTC around 36k.
We have further down to go. You see, number doesnt just always go up. Anyone you follow that says btc to 100k by the end of 2021 was wrong and laughably so.
Btc doeant have support at 40k or even 30k. It has support wherever a whales decides to stop using bots to dump to. That number is never known. Almost all TA you have read or seen was pure lies built on horus pocus guesses and magical word salads.
I hope you all learn this painful lesson. It's always better to sell on the way up than it is to try and time the peak and all there. Hodlers are their own religion of "number go up" so dont be fooled. Repeating something over and over doesnt make number go up. Sentiment makes numbers go up in the short term, fundamentals in long term. Sentiment passed fundamentals again and nows it's time to pay the price!
Let's enjoy this crash together shall we? For those of us who sold into stables we are the next kings and queens. Congrats! To the hodlers, enjoy the bag holding of the next few years, the stress that comes with it is powerfully terrible.
Having 1 mil hp staked was never the way, liquid hive is how you make millions and sell on the way up. Those who have it staked are locked in for losing. Hive has a terribly long powerdown time that should be lowered. I cant imagine the opportunity cost of staking so much and watching it go down by 70 percent.