Eating My Words! (How will it age?)

Roughly 30 days ago...

I was complaining once again about how when BTC goes up, Hive goes down and when BTC goes down, Hive goes down even further. I was lamenting about how the name Hive was causing difficulty for some folks because we have no search engine preference for the word 'hive'.

side note - I've noticed that image captions aren't working on Leofinance. Not sure if there is a trick to it, or if it is by design.

Generally I have just been annoyed that Hive has been sitting under 20 cents for so damn long while so many other cryptos skyrocket. It has been so frustrating, especially for those of us who have been with the project for so long and really believe in it. Even more so for those of us who have such a large stake in it.

Hive has been holding over 50c!

This may not be the case for very long, but it sure feels good to move up in the ranks a little. I have a strong feeling that one of these days we are going to be a top 20 coin as we should be. I have come to the conclusion that the root of my misery with these ups and downs has been the fact that instead of buying into the other projects that I believe in, I just keep watching Hive rollercoastering.

So from here on out, I will sell a bit here and there, but ultimately I plan to continue growing my Hive account any chance that I get - along with growing my BTC and other holdings from other sources. The way that I keep screwing myself is by buying a bunch of some coin that I am really excited about, then selling it for some other project that I'm really excited about just in time for the previous coin to explode. (My million ENJ coins for example)

This was a similar mistake that I made with stocks back in the day. I kept buying stocks during their IPO, like Tesla and Facebook, but then I would get excited about some other stock like AAPL. I remember buying some call options on TSLA on the very day that it climbed from like $11 to $85. I made a killing that day! That was the first actual money that I used to buy BTC that eventually became the funding for my Steem/Hive.

So I mostly wanted to write this to sort of eat my words about Hive never stabilizing over 20 cents. Not that I am saying it's at all stable, but it is has been holding over 20 cents for quite some time now relative to the past. It would be nice to see a large number of people buying millions of Hive at over 50 cents who are unwilling to sell below that price.

At least if we could get a higher 'bottom' I would feel a bit better. But for the short term, I'm going to raise my goal from 100k HP to 200k. I've been over 100k for a while now, but haven't really been powering up much recently other than a quick sell/buy that I did last week to add a few HP to my stack.

Who knows if I'll reach this goal anytime soon, but I'm going to try. One thing that I'm not going to do is trade anymore BTC for Hive. I'm done trading one coin that I want to hold for another one that I want to hold. All it does is create a whole lot of regret later on when the first one moons!

This whole thing is such a continuous learning process. Hopefully I can keep some objectivity once the market crashes again!

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