
Image by Pete Linforth from Pixabay
The dump was scary especially when a coin fall down $0.18 to $0.03 overnight. It's hive that showed such horrible dump ever. The all time high price of hive was for than $4 dollars as far I can remember and that coin was close to zero. Unfortunately or fortunately hive is the coin I'm holding in my wallet and luckily the shocking dump happened when I was sleeping. After waking up I saw my asset value reduced around $1000 dollars.
Can you imagine the loss? $1000 dollars can be enough to cover my expenses of next six months and the amount is big enough to me. It take me more than a year to save thousand dollar. Right now I'm experiencing a situation where from I neither can move forward nor backward, floating at the middle point. It feels like my crypto trading journey stopped right here. These negative thoughts are the result of my over thinking. Holding both patience and crypto is the only key.
Bitcoin dips below $110k and Altcoins are dumping like a unbearable shock. Especially the hive made me frustrated though this morning it recovered and current price is closer to 14 cents. Bitcoin cash price was below $500 dollars but when I checked the market it was $530 and it recovering as well. Bitcoin price also get back to $112k.
Some saying this dump was for fixing liquidity or would be a sign of bear market but this year many had expectation of bull market. This dump was unimaginable to me and I'm sure that I'm not alone to go through such situation, this dump definitely affected the big asset holders. The dump is not permanent but definitely was a golden chance for buyers or investors. Someday wish to experience surprise pump of Altcoins. Let's think positive!
Thanks For Stopping By!!