Will You Be Going Into Hibernation ?

in #bitcoin5 years ago

bitcoinwinter.jpeg

Ah the good old winter when everything goes into hibernation.

It seems like bitcoin and those investing in it are also hunkering down for a long winter.

Will you be one of them?

Or will you be one to buy more and stock up so you have an abundant amount come springs bloom ?

Like anything risk can offer rewards and the higher the risk the higher the reward.

When you look back at it it makes sense then bitcoin has dropped to where it is at now. Last year we where at $800- $900 per coin until shit just seriously blew up all out of portions fueled by greed.

With a rather slow market all year that constantly declined and stock markets also not doing well around the world this low could hang around for a good while.

But also makes for a great buying time if you can afford it. While everyone else is selling if you really believe bitcoin could see a jump again then theses next few months are key for you if you can tolerate the risk/reward.

This winter also could be over quickly once we see what happens with NYSE and other markets adopting bitcoin.


steemit-sig-final.gif

Sort:  

I think I will be coming out of hibernation as I haven’t bought much this year other than some diversification changes I did... That may change pretty soon!

Posted using Partiko iOS

Mainly just holding what i have at this stage. The only thing i've bought has been STEEM but i'm interested in binance coin too. It's one i wouldn't mind picking up if the price keeps dropping.

I wont be, I think its primetime to shift some coins around and make some very important trades before the next boom.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Valor2S from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64386.10
ETH 3142.17
USDT 1.00
SBD 3.98