The Markets Are Looking A Bit Like Winter
Many years ago I worked in Toronto which was about a 90 minute drive from my rural home on a good day in light traffic. I’d often work an afternoon shift which saw me heading out of the city around 11pm.
In good weather it was a great time to be driving. Traffic was light, roads were good. The only thing I had to be concerned about was the transport drivers from a certain province who seem to think the Trans Canada was a NASCAR track.
In winter weather, leaving work in a driving snow storm became a test of nerve and patience. I knew as soon as I got into the car, it was going to be a long drive. Just a question of how long and how nerve wracking.
If you’ve never driven in snow, even on a road that has been plowed, you’re dealing with poor visibility and slippery roads. As I’d travel further from the cities and towns, road crews passed less often. I’d be dealing with snow build up as well. Some nights, I’d struggle to know where I was on the road if another vehicle’s tracks couldn’t be seen.
Those 90 minute drives often turned into 3 or 4 hours in the dead of night.
Fighting the Instincts
During those long slow drives I’d need to have a running dialogue with myself. No matter how many times I drove through those conditions my instinct was to tense up, to be on the alert for anything happening that could see me sliding off the road. To be ready to react.
The dialogue was needed to remind me, my instinctive move was the wrong move. I would remind myself to breath, to relax, don’t tense, no sudden moves, ease the grip on the wheel, relax my foot on the gas pedal, watch the road and travel at a steady pace.
Those were things I did when driving in normal conditions without reminders. They were what got me where I was going without incidents. Aware of the space around me and ready to respond but not tensed in anticipation of panic.
I’d travel slower in snow but not so slow I didn’t have enough momentum to get up grades and hills. Speed was a balancing act between enough to carry me forward but not so much it would be easy to slide off the road.
Winter Driving for Crypto Markets
When the crypto markets start to take the dip deep into the red we’ve been seeing, we need to start that internal dialogue and quell the instinct to bail out. Some of us have been through crypto winter.
Guess what? We’re still here.
As prices went down and stayed down, many bailed. They saw not getting profits as a time to cut their losses and run. At the end of the winter, they still had their losses. Those who stayed the course saw their portfolio rise and profit.
The Hive Advantage
Here on Hive we actually have an advantage most other chains don’t. We can continue creating content or playing the play to earn games and see our positions grow. What we earn will have lower value by stacking more HIVE and HBD. Along with the other tokens on HE we’ll see gains.
If you have some spare cash, now is a great time to buy more of your favourite tokens.
It’s a sweet feeling when the markets move back up, and they will eventually, to be repaid for patience with some serious profit.
Don’t be faint of heart, stay the course and play the long game. Spring will arrive in due course.
Shadowspub is a writer from Ontario, Canada. She writes on a variety of subjects as she pursues her passion for learning. She also writes on other platforms and enjoys creating books you use like journals, notebooks, coloring books etc.
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