HIVE crypto price doesn’t matter... yet

8 mo
LeoFinance
3 Min Read
544 words

Hive crypto price doesn’t matter... yet.

Direct from the desk of Dane Williams.




A look at why in my phase of wealth accumulation, the HIVE crypto price doesn’t matter… yet.

If you thought HIVE’s pullback from $3.00 to $1.50 was disappointing, I don’t dare want to ask how you’re feeling today.

With the HIVE price languishing back down at 50c, I can’t really blame you for feeling at least a little bummed out.

But if you’re at the same stage of your crypto journey that I am, then I’m here to nail it into your head that the HIVE price doesn’t matter... yet.

The Hive crypto logo on a divider banner.

Wealth accumulation vs wealth protection

So get to it Dane.

Why doesn’t the Hive price matter?

Well, like me, the vast majority of you reading and commenting on my blog posts are in the wealth accumulation phase of your life.

NOT the wealth protection phase.

We don’t yet have enough money - whatever that may be to us.

So we’re happy to take a higher risk:higher reward approach.

Be that through our investment of time (work) and money (yield and price appreciation chasing).

Both forming part of what we do every day here on Hive.

Showing up, creating value for our community via our front-end of choice and strengthening the network further by distributing the tokens further as curators.

Overall, my thinking is that whether price is 10c or $3.00, I still can't live off my current stake.

So who cares what price does between those levels!

I obviously believe that price will go higher (more on that in the following section) or I wouldn't show up here every day creating content and still have my money locked away for 13 weeks in the form of Hive Power.

All that matters to me in this wealth accumulation phase of my journey is to stack more tokens.

I don’t want $100K worth of tokens right now.

I want 100,000 tokens so that when price goes 10x, will be worth $1 MILLION.

Taking stock of where Hive is at

I believe in what we have here on Hive and continue to invest both time and money into our ecosystem.

We have a strong, censorship resistant base network with the fast and free transactions required to host the Web3 dApps of the future.

Not to mention branches of ready made, niche specific communities that literally anyone and everyone can not only tap into for targeted exposure, but take ownership of via tokenistation on Hive’s layer-2.

Here on Hive I see a clear pathway that features sustainable tokenomics and I’m more than happy to keep compounding all of the yield I’m generating back into the system.

There is underlying value in our unique network that will eventually be reflected in price.

Hive’s day in the sun will come.

In my opinion, HIVE crypto is still a good investment.

I’ve said before that HIVE may just be the most undervalued coin and associated blockchain project in the entire industry and I’ll repeat it here once again.

But looking at price, today is yet not that day.

Don’t lose sight of the bigger picture.

Best of probabilities to you.

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https://twitter.com/forexbrokr/status/1527172592440086529
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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You've spoken so well dear. I agree with you, hive price does not matter yet. We just have to keep investing more of our work to the platform so when the awaiting results come, we will be happy and proud to be part of it.

Thank you for sharing this with us dear.

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We will get another price pump.

We've just gotta put ourselves in a position to be able to take advantage when it comes.

Do you have a large enough HIVE stack to truly change your life?

PS. Calling people 'dear' is such a weird... cultural difference that still always makes me laugh.

Just something for you to consider ;)

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I don't really have enough hive stake but I'm working towards it.

I'm so sorry for calling you that @forexbrokr.

Thank you for the observation.

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Do not worry, as practice shows, you will see a good time for you)

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I really do hope so.

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You are not alone in this hope)

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Really? I'm glad I'm not 🤗.

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No need to apologise, you're all good.

Just making an observation on what's considered normal in different cultures.

Keep grinding and working on building that HIVE stake.

You're doing great! :)

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Thanks for making the observation known to me, I really appreciate it.

Yeah, I hope to get more Hive staked.

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What do you think. how long-term perspective of such a pump?

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It sounds. like a well-thought-out plan), and these are very correct words.

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Yeah I think so too.

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It means only one thing, we, like-minded people)

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I know right? 🤓🤓.

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You must answer your own question)

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Sure I will 😁😁.

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I want 100,000 tokens so that when price goes 10x, will be worth $1 MILLION.

This 💖

100K Hive Power in 5 years, is it possible? I think yes! I am still not sure how I am going to reach that goal without putting too much of my own money but it's very much possible.

Hive price doesn't say much about the great things we are building here.

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You're grinding so hard here on Hive, showing up every day and putting your all into the platform's growth.

IF you do believe in the real value being built here, you have to find a way.

How shitty will it be if price pumps 10x and you aren't there to ride it up?

Find a way!

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Haha. Thanks for the motivational dosage. I will :-) I don't want to feel shitty even after getting in early.

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Probably. it all depends on many factors, activity, originality, attention from whales and other things)

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Well maybe most of the people here really cannot life off hive rewards. And most of us are accumulating hive power. Building up your account when prices are getting down is probably the best option. In my case, the hive price that will work good for my financial independence is about 100$ 😁 That’s really not possible in the near future. So, I’ll hold my breath and build up my account.

Best wishes!

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If $100 HIVE works for your financial independence at your current token stack, then $50 HIVE works if you double it...

You potentially have the opportunity of a lifetime right now to do just that while the price is low and our project is flying under the radar.

Up to you if you want to take it.

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I think that many are waiting for the opportunity to buy at $0.2.

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Raise the bar .... at least up to $ 300)

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8 mo (edited)

300$ hive would be great… but, really if I keep my current income and have a bonus with the hive around 100$ a piece, it will be more than enough for me, here in Bulgaria.
Cheers!

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I don't remember anyone talking about a $100 beehive, but a $20 hive has been talked about many times)

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8 mo (edited)

I don’t think it’s possible too, and if anyone talks, everything is in the field of guessing, as the Bitcoin was said to be 300 000$ by the end of 2021. This price, that I mentioned is the price that will most probably work for my financial independence, nothing more. I’m not really trying to guess, nor giving any predictions.

By the way I don’t really think 20$ hive is possible too.

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For many, the bar for financial independence is much lower and people are already financially independent thanks to Hive.

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This is true, for sure. But not in my case for now.

Best wishes! 😉

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Some people eat meat, some people don't touch it.)

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Some people believe the earth is flat and some don’t.

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This is so true, I have learnt to not focus on the value in $$$ but the quantity because, in few years time when Hive is worth a lot I will be glad I accumulated

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Happy to hear that I'm not the only one thinking along these lines.

If we're still grinding through all this shit, we obviously believe in the value being build here on Hive.

We've just gotta make sure we have enough tokens to make it all worthwhile in the long run when that value is realised.

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Yes, everything is subject to time and this plan. If there is a lot of time before the moon, then you can accumulate a lot of coins, but if the moon is close, you will have to use what you already have for growth.

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Please note that after many years, the Hive may continue to look like an acrobat who jumps on a trampoline)

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You said it all clear and fine and I'm buying it! Hive price doesn't matter, at least not yet... What matters is how much are you accumulating and I've got a long way to go about that.

Keep powering up into the 13 weeks HP 😅 let's grow our quantity before quality shows up... You know what I mean.

Hive is more than a blogging site and has the best opportunities offered to us, let's enjoy it!

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Hive is more than a blogging site and has the best opportunities offered to us, let's enjoy it!

You're right that Hive is more than a blogging platform.

It's one of the best and only decentralised base layers for Web3 dApps to build on top of.

Blogging is just a small part of Hive.

There is REAL value being built here and price will catch up eventually.

Just gotta make sure you have built a big enough stack in the meantime.

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Yeah, I've read that post before 😊

Just gotta make sure you have built a big enough stack in the meantime.

That's the goal 🙌

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Keep grinding :)

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