Here we go again, another FUD, another whale stunt flushing out spinach hands....

And you heard it right, even in such a bear market, crypto still stands a better chance than the rest of the assets put together..

Even during such an unprecedented age, for those of us who are in early in crypto and believed that this technology can be the future even years back, and for my personal experience it was before HIVE evolved and birth out from STEEM, many who didn't try to SHORT the markets would have found themselves still benefited despite of the downturn and bloodshed market that seems to be rampantly spreading worldwide into the traditional markets.

Particularly this year it has been a very tough year with high tides for me and my family: from Covid to most recently my mom had shingles resurfacing due to low immunity (after all the covid attacks - seniors are harder to recover), earning crypto actively / passively has become a buffer of assistance when I am unable to go for my day job and with a 30% wage cut along the way because of the pandemic.

Fortunately even HIVE has taken a hit this round, because of the new announcements of moving forward from #hivefest , it is still indicating strong enough compared to STEEM that is barely moving (but still grateful there was still some resources left behind to use for emergency)

Even with the HIVE Ecosystem, #Splinterlands evolving well, passive income like these are definitely a major benefit for HODL opportunities.

By building a local community support with these projects in various ecosystem, internal trade with locals of the same ecosystem becomes easy because there's local trust and everything is still staked within, out of centralised custodial bounds.

No doubt projects could rug pull stakers and investors, but long term standing projects like @splinterlands with a huge community backing serves a great emergency reservoir if there is a need where people can have bigger confidence in HODL-ing in stable projects.

Not to mention P2E is a thing now!

With the recent hit in my fiat wallet, I am grateful that @gtpjfoodbank is able to internal trade with me between HIVE <-> SPS for the very purpose that this was reserved for emergency while helping the rest of the content creators here alongside helping to spread more awareness to the world about the struggling families.

This is the very fact that why educating the layman about crypto and its benefits (besides ripping profits from mere trading) is really crucial! No one knows what could be happening next and you may never know, that crypto could just be the helper in the nick of time.

If you have noticed, this post didn't speak much about BCH because at this point of time SmartBCH is still too young with its still learning developers to make the L2 chain stable and usable; and this could take time.

And BCH itself can't be staked but can be treated as collateral against a loan from centralised services like Nexo and Celsius, which I think I might look into that to test out the Celsius loan at 0.95% APY pay back interest with a minimum of $100, but I will need 75% more of the loan amount just to be able to have a good standing and BCH isn't as independently strong just yet, while HIVE has a really active massive projects on its own chain that has lasted for almost 2 year now.

How about you?

Are you just writing and earning actively just to pay bills, or you are expanding and HODL-ing for future much more potential disastrous circumstances; or a bit of both?

Do share your thoughts! I appreciate of feedback in how crypto is assisting you in your life too!

Until then