BITCOIN seems to be benefiting from the recent banking collapses...obviously, many remember the 2008 crisis and the loss of investor confidence that followed. At that time, BITCOIN was still being generated and there was no other option but today, at a reasonably similar moment in the market, BITCOIN exists and many investors can see a "refuge" for their capital ... Let's see what happens in the weeks to come. Still, it seems that the scenario can be very optimistic.
We may still see worse crashes at some banks and this could inevitably lead to even deeper pain for everything, including crypto in the same bag.
For my part, I continue with my DCA strategy. The truth is that I have mixed feelings about this strategy. Knowing that a few weeks ago you could buy a lot more BTC for the same amount of USD makes you rethink the whole plan. But that is precisely the mistake I want to avoid. I don't want to reconsider anything at this point, I keep accumulating more and more in my "savings" account regardless of the price.
On the other hand, HIVE has been doing very well given the circumstances, so I continue with my plan to reach a goal of 23,000 HP at the end of the year. Today, Friday, I had to do a 38 HP power-up to maintain the path drawn towards the goal.
Have a good weekend!
@toofasteddie