Hive Coin and Bitcoin in bear market

Mostly cryptocurrency investors and traders don't like bear market and get frustrated,hive coin price is a at around $0.28 per coin right now, only 8 months ago its trading above $1 or 14 months ago its at $3.41 near its all time high price

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If we check price history of Bitcoin, hive coin or any other top cryptocurrencies from 2009 to 2022 there is a bulish market at the end of every bearish market means nothing will stay forever, bear and bulls are the part of the game

Bitcoin not able to go up to $26K from last 7 months, but we should remember only 14 months ago Bitcoin is trading above $65K per coin near to its all time high price

The problem is People are wiling to buy Bitcoin at $69K in bulish market because they think it's going to $100k, but not interested to buy it at $16K in bearish market because they are waiting for 10K or 5K per Bitcoin , Same is true for Hive coin

There are similarities between Bitcoin and hive coin monthly charts, if you check it on binance exchange in monthly time frame you can understand what's happened in the past 12 to 14 months, there are so many external factors to consider, Bitcoin price is down due to overall condition of global economy, or other cryptocurrencies including hive coin are mostly following Bitcoin price movement

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Nothing is changed its happening from day one, if there are some positive news like Elon musk starts promoting and supporting bitcoin Around one year ago overall market sentiment turned bulish, when Luna and then FTX started crashing market turned bearish

So the point is market Will definitely recovered, this is not the end of everything, bear market is an opportunity to buy cryptocurrency at discounted price, hive coin is very cheap right now, this is the right time to take your position before market turned bulish again, Start Accumulating hive coin from today

Right now It's cost you less the one dollar to buy more than 3 hive coins, for example you invested $1K in hive coin right now you will get Around 3500 hive coins, After powering up your hive account with 3500 hive coins, let's say you are able to Accumulate 1500 in HP hive Power next few months , So 3500 + 1500 means you reach at 5000 hive Power

Then If hive coin price is goes up to $1 per coin when market turnd bulish, your $1K investment will turned into 5K, it's easy to understand also very realistic, hive coin price can cross $1 price mark very easily if Bitcoin price reaches above 30K Again, earning 1500 in Hive power is also very realistic goals you may be able to earn more

Another thing is if hive price able to reach its all time high price again around $3.41 per coin, your $1K investment will turned into $17050 which is also possible, so think about all possibilities carefully so you don't miss any upcoming opportunity

Remember this is not a investment or financial advice do your own research before making any investment decisions

Thanks for reading 📖❤️📖

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