Is It A Bull, Or A Bear? .:. WorkerBee PH-Pool Week 208

in #hive-1679223 days ago

When I was a kid my parents didn't allow us (children) to drink coffee... But, when you get to teenage years, you are practically a grownup (year, right... 😂), so you want to try it out... And the thing with the coffee, we liked to "see what coffee cup would tell you" about the future... Sometimes we try to distinguish different shapes with the coffee inside the cup, and sometimes, looking at the bottom of the cup... It is still a popular way of "fortune telling" in some countries...


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Can you distinguish which one is in the cup? 🙂 - Created in Canva.com-

So, is it a bear or a bull now? As my friend would say, leave them to be just animals, and don't mix them in our market stuff... 😃 If you are a trader, one of the main things that you have to do is to "find the trend", so in a way, it is important to know the "general direction of a market"... You know those sayings... Trend is your friend, until the end... I was burned a few times when I was trading against the trend, so I'm trying to avoid that... 😃


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But, if you are not a trader, is it really important for you to figure out in which market we are? Personally, if I'm talking about HIVE, I don't plan to power down this cycle any of my HivePower, so "hive-wise" I don't care where the will market goes... Curating with HivePower, occasionally creating posts when I have something to share, so there is no stress at all... But... 😃

As a good "crypto-addict", for some reason, I do seek additional adrenalin... 😃 For example, I have some HIVE on the side that I'm using for occasional trades, with the "final" goal of getting more HivePower... Because of that, I do care what are markets up to... In a nutshell, it doesn't change too much as I'm trying to prepare my BUY and SELL orders BEFORE we have some big market actions... The only thing that changes is the level of "greediness", to lean more toward buying or selling more...

For example, what happened in the last 24-48 hours was a perfect example of a black swan event... Those events are brutal, and if I read it right, there were more liquidations now than in the moment of the C-19 outbreak or FTX collapse! What's even more amazing is if you check out the current price of BTC, it is only 5% less than it was 3 days ago!!! On the other side, altcoins paid the price as some went down over 30%, with ETH leading the way... Truth to be told, some of them are already recovering nicely...

All in all, this was another great opportunity to get some cheap tokens and earn some "fast bucks" with the following green candle... Were you prepared and what did you buy? Did you already take some profits from the purchase?


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Let's see the WorkerBee Pool numbers for this week...

This week we have mined 97 BEE tokens in total!!!...

This week we didn't have new delegators, but we did get more delegations from our old members... Thanks guys! Appreciate your support!

This POOL doesn't have fees and you get up to 20% MORE by delegating to it!


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What about the bonus tokens?

I have to admit that I didn't follow that closely the price of the LEO token, which will be distributed today as a bonus reward... But, I can't remember that it was ever this low, at least not in the last few months/years... For one, the chart looks ugly, but for someone else, it looks pretty as it's a great moment to accumulate more while it is cheap... Of course, it depends on your conviction about it and your crypto priorities... I do have a nice stake in LEO tokens which I use for curating InLeo content... That's my source of income for paying these bonus rewards... 😉 This is the biggest number of LEO tokens that I gave away ever!

There will be distributed 120 LEO tokens to the delegators of the pool as a bonus reward today!


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As always, in the end, let's give the exact numbers for this week... 97 BEE tokens and 120 LEO tokens will be distributed as a bonus... The APR (without the bonus) was 9.305%, and when we added the bonus it went up to 11.131%!

I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...

Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...


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If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get your portion of mined BEE tokens and BONUS rewards!

.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.


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All payments will be made after publishing this post...

If you have any questions, please leave them in the comment section!

You can find more about this pool in the initial post here https://inleo.io/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other

Thank you for your time,

--ph--

None of this is financial advice!!!


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I was burned a few times when I was trading against the trend, so I'm trying to avoid that..

There was a famous saying: "The market is always right"

LEO price are really cheap but my issue is that I am not understanding which "whale" is selling and taking exit? As there are very few whales in LEO and I guess most of the supply is with Khal and onealpha . Not sure if team itself is selling.

It is time to get cheaper HIVE and stake them :)

Unfortunately, the HIVE price didn't go as low as it was on the exchanges, so my lower buy orders didn't go through... Maybe next time... 😃

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Great with those liquidation events, in my count it was the 5th so far this cycle and all until now are in profitt days laiter, usually a 50% bounce. Rebought Hive, got filled on SUI at 2,8 as i sold at 5 in december. And had to long HIVE we hit 200ma 2nd test just as previous cycle, always take part profitt on futures. For spot not yet, we should break downtrend and see a rally to a higher high or lower high..

With this huge pushback and the BTC dominance at 4 year high, we could be into some, at least "mini", altcoin season soon...

Lets hope 🙏

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Haha I liked the hidden mention 😂... As you said market trend it's important if you do trading, I do sport trading, it's important if a quote goes up or down as I'm not there to keep the bet till the end, but here on hive we are to stay so relax and enjoy

Exactly... Have fun, enjoy, and stack some tokens... 😃

Hehe, when will this WorkerBee PH-Pool be integrated into Liotes? I'm asking for a friend. 😎
The Greed Index Right now!

Hehe, when will this WorkerBee PH-Pool be integrated into Liotes? I'm asking for a friend. 😎

I was thinking about it a long time ago, but it would be painful to "move" delegations from one place to another... Tbh, I would like to move it there... 😃

And regarding the GREED index, it was time to go down a bit... It was annoying to see so much greed for months... 🤣

UUuuh.. as I get a lil lost with all the crypto content, I would stay with the coffee... hahahah well, personally, I wish I wouldn't have loved it while I was a teenager, cause it is defo not serving me as I wish, now its a total fancy addiction to share with cakes 😂

Hmmm... Wait... There are some bad effects of coffee when you are a teenager. I thought it was just a bluff by adults... 😃

now its a total fancy addiction to share with cakes 😂

Oh... Now you are talking my language!! I'm not a coffee drinker at all, but... Once a week, or even more rarely, I like to drink a cup of coffee, but, with ONLY if a cake accompanies it!!! 😃

Hahahaha we are at one with this one :P

Greetings.

The market’s condition shocked me at the start of the day, but by the end, bitcoin had a good recovery. It's great to hear that you have no plans to power down your HP this year and that your main goal is to keep growing your Hive Power. Honestly when an Hive whale like you holds for the long term, it inspires many users like me. I'm also very optimistic about Hive this year. Do you have any price targets for Hive in terms of trading?

I'm far away from being a HIVE whale... 😃

Do you have any price targets for Hive in terms of trading?

I don't have any specific price targets, but rather trying to use events like this one to swap from one asset to another... I set my BUY and SELL orders at least 20% of the current price and wait... When some got filled, I posted the opposite order with around 20% profit and waited again... 🙂

At the moment, I don't have price targets for going OUT from HIVE. I'm in accumulation mode and doing small trades to accumulate more...

I am a disinterested trader 😄
I place orders and switch off...

I had some Hive on Binance, which I sold a month ago, so I placed some orders. Some have passed now. And some have also passed on hivedex.
Without stress and nervousness, I have Hive again for the next PUD 🙂

That's probably the best way to do it... I like fishing carp... You prepare everything, hit the water... and wait... 😃

I'm powering down 4k HP here is the reason behind it. There is a trike driver who is a member of our TODA (tricycle operators and drivers association). His brother owns the line he is selling it which means the trike driver will lose his job. He was asking me if he can join my trike lines, I told him I don't have the cash to buy a new line now. The next day I have the sign to push through this so I told him I will talk to his brother. I told the brother if he sells the line to others his brother will lose his job but if he sells it to me I will keep his brother for driving the trike. I made a deal to pay out the line until April he agrees. One of my long term goals for this year is to have 2 lines and 2 trikes. My first investments are trikes I like it very much it creates job and help people and it helps me generate a passive income win win for everyone. Ty for the LEO!

It looks like a solid business plan! That's how I did most of my investments... Began with a small amount of money, and continued with growing the business and re-investing the income... It worked very well in the end...

Good luck with your business venture!!! 💪

Will probably be some roller-coaster times which means good weather for traders, and for investors is better to focus on higher time frames as following short ones could be nerve wrecking.
Things are happening extremely fast on multiple fronts that have an influence on various markets.
Bitcoin seems to be slowly but surely decoupling from the rest as it will be seen as safe heaven no matter what. It did not move much when gold hit ATH, it did not move much compering to the rest on the last days and today when the colour was mainly red.

But as BTC is becoming expensive even smaller moves are huge in terms of liquidity.

BTC has definitely recovered faster than many other assets which shows how mature it is, and how much people trust it... That's a very good sign IMO!

It looks like we will have a rollercoaster in February...😃 I like it! Until it doesn't go all the time down, I like it... 😂

Crypto is not for the faint hearted ones at all. 🤣🤣 I'm seeing everyone on my fun lament on the current situation in the market and what do I know? 🤣🤣

The trend is your best friend and I agree that it's easier to follow the flow. I didn't buy or sell anything. Coming in with a plan works better on my end as I don't need to do anything until those numbers are hit.

Thanks for running the pool and for the BEE/LEO tokens

I think it's both lol. Or a bull masquerading as a bear? What surprised me a bit is how the market almost recovered from the weekend's loss on Monday. Sometimes, it's just better to zoom out and not get caught up in the noise :)

That is why i love hive even though other cryptos are uproar, in hive everything remains the same, no panic no tension just keep enjoying the trend

We're probably at the stage of the market where the pain is hitting it's peak and I was probably expecting something like to happen. I think somehow a lot of people are learning in this cycle and this knowledge are fully going to be applicable in 2029 and perhaps these lessons is how they'll now truly profit.

Thinking back, the volatility can be a good thing when we take advantage of it. I bought some cryptos when it was down but I didn't buy a lot because I wanted to pace myself. And boom, it rebounded within a day. Haha.
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The market is running much differently this time, so people are panicking and depressed, so here we will see that the altcoin season will definitely come, so we will definitely see the price increase, the market always repeats itself. But things are changed a bit.

I think the condition of the crypto market can bounce back soon

It's not a Bull or a Bear. It's a "Donald" Duck 🤣

Hi @ph1102 i will to the next posts about PH-pool.to get mention.