HEDERA - Is It Time To Buy HBAR?! My Plan! Hedera's Secret Connections?!

[00:00:00]So, there's a few marketwide things that we need to discuss in this video, but what I really want to talk about is is it time to buy HAR? Um, I want to talk about what I'm doing here. Uh, what my thoughts on this are. We'll cover a few updates uh regarding Hideera as well that are some really good signs for uh long-term integrations. So, again, if you're new or haven't already, make sure you like, comment, subscribe, show your support for the channel down below. Uh, but what we did see yesterday was a nice day for HAR. Um, great Saturday up 1.84%. We're seeing a little bit of downside today. Like we were talking about yesterday, we are testing the the top of that wedge, right? That that mega wedge, that explosive wedge, and hopefully we get the upside break from this. Uh, looks like we very well could be on the verge of an early exit from this wedge, which could mean some excitement. We obviously talked about a lot of things going on here in terms of stochcastic RSI yesterday that's indicating some upside. we're about to cross the signal line in terms of RSI, which historically that's led us on some rallies. So, this could be this could be a fun week uh for crypto in general, especially with BTC doing what it's doing. I will say Bitcoin right now is still above uh that that 200 week moving average. Uh it's on the verge of actually closing its third straight green week, which is a very positive sign. We had good a good institutional push into the weekend. So, all these signs right now um are are very good.

[00:01:22]Now, we're also starting to see um some potential buying taking place in terms of strategy as well. Michael Sailor coming out saying what's next? Now, obviously last week they did not do anything. The week prior they did their sell and obviously we saw some downside because of that. So, the big question is what is Strategy's next move? And I believe they're going to start buying again. Um I'm not sure if it's going to be a sizable buy or anything like that.

[00:01:45]I haven't paid attention really to their wallets. Uh but obviously there's a lot of signs that BTC could be ready to take another leg up. Hopefully that's something much bigger than a small counter trend rally, but only time will tell. Ethereum uh is on the verge of potentially a major breakdown, but ETH is actually testing its multi-year support, which has been a great bounce level. Could that be actually Ethereum prepping for a run to $10,000? Why I'm bringing this up in an HAR video is that all coins tend to perform better when Ethereum is doing well. Uh you can take a look back throughout history. You can take a look back even in this last market cycle. And as ETH was doing well, other altcoins [snorts] around the space, H bar included, were doing well.

[00:02:26]When ETH started to struggle, all coins started to struggle. And that really had to do more so with, you know, BTC sucking up a lot of the liquidity. Um no new retail adoption really taking place.

[00:02:37]So that that's where things kind of hurt. But if Ethereum makes this move, it's usually a really good sign for H Bar and others in the space. So, that could be a very promising sign for um what what is coming next. It does signal that we could see some more uh downturn here in very short order. Ethereum right now, just for example, is up at 1,800.

[00:02:55]Uh could drop down towards 17K. So, we'll see if that ends up being the case or not and if that does uh affect all coins negatively. Now, that being said, we've obviously talked about a couple of these things in terms of Hideera so far.

[00:03:07]But, uh there is one key piece of this that I missed. This is in regards to the HM Treasurybacked wholesale digital market report. Um, this is uh the testing that was going on in the UK with Hideera. And this report actually projects tokenization could add $33 billion a year to the UK economy by 2035. And obviously this is a very big deal with Hideera being the major source of testing for this this push, right? So it may not immediately indicate upside for HAR. I know a lot of people, you know, they want the good news to just send prices uh to the moon, right? But that we're in a bare market.

[00:03:44]That's not what's happening. And what we're talking about is long-term foundational use that is going to stand the test of time. And that's what you want. You want to get integrated uh into this big infrastructure throughout the world. And Hideera is in a lot of those conversations, in a lot of those tests right now. So if you want price appreciation, you got to be patient, right? U now that being said, this is a new announcement. a HSBC because uh becomes the first firm approved to go live in the Bank of England's digital securities sandbox with Hideera already connected to both HSBC and the Bank of England and the UK's financial innovation ecosystem. Will HAR be involved in some capacity though no direct role is confirmed yet. This is one to watch. Guys, there are big things happening behind the scenes that when they hit, it's going to do some pretty exciting things to price. And that brings me to this. Should you be buying H bar right now? I know a lot of people have been patient. A lot of people have been waiting for lower prices and here's my thoughts on this. Um me personally, dollar cost averaging that is that has begun. That is beginning here, right? Um the reason why is the way I've always looked at these market cycles is one person sells the absolute top, one person buys the absolute bottom. Do you think you are uh do you think you have a higher likelihood of being that person that buys the bottom or the person that can dollar cost average and take advantage even if we do see more downside? Right. And and I'm not going to play those games. I'm going to be the person that just wants to make sure my position is rounded out because we know that the market can move very very abruptly. Just take a look back here in November of 2024. you know, if you were trying to catch uh the absolute bottom, which you know, this trend hadn't even formed quite yet. Uh but if [snorts] you were trying to catch that absolute bottom there, price ran away from you really quickly, especially seeing as we had days of, you know, 6% uh 10%, price starts moving very very fast, right? So, the thing is is many of the the moves down to the bottom, they're wicks and then the price starts running away from you before you expect it, right? Or before you expect it to. Now, that being said, we could still see more downside for H bar, right? If we don't get a bullish break to the upside here and regain that long-term support like we talked about, we could be moving back down towards 4.8 cents. And here's what I will show people. This move down uh to trend, it's about 20 27%. Me personally, I could take a 27% bath on something uh right now, especially if I'm dollar cost averaging during that time because it erases part of that 27%. it becomes more like, you know, 20%, 15%, 10%, depending on how much I'm moving into assets at certain prices. The way I do this, basically, little money buys up here as it if it moves lower, bigger buys. And if it gets down to the longer term structure, that's where I'm deploying the most capital, right? I'm not telling you guys what to do, but that's those are horrible dollar signs. But that's at least the strategy that I'm deploying right now in terms of HAR, in terms of other assets in the space. It's preparation time. June has historically been a good bottom month for uh the first year of the bare market. We tend to, you know, get a little a little bit of a push into the later part of the year. Sometimes you do see a lower price uh in something like December or November when Bitcoin is is making its bottom, per se. That's if Bitcoin does take another leg down. Uh but at the same time, you could see price kind of run away from us in short in the short term. So, if you're a short-term trader, it's probably not the worst time to be doing some buying. And I'm not telling you guys what to do. This isn't financial advice, but I wanted to just bring everybody up to speed on what what I'm doing here, what my plans are. I'm just preparing for the long term. I'm loading my bags before a lot of this news becomes public and really before a lot of that capital starts to move back into the market from the sidelines.

[00:07:36]Because if that starts happening and you still have money on the sidelines, you're already too late. So, I appreciate you guys. I hope you enjoyed the video. Let me know your thoughts below. What are you doing? Have you started dollar cost averaging? Do you think we're going to see some more downside? But have a great day. Show your love below. Catch you guys in the next one. Take care.