GET IT WHILE YOU CAN
I pulled that trading view from coingecko to look at Hive behavior for that last 30 days. This is mostly a view from April after the quick rise from the dollar value. you can see right in the middle of the month, it drops around 40 cents. Strong demand skyrocketed the price right to lay around 60 cents.
This is a clear opportunity to buy. Yesterday I saw 53 cents flashing but I had to go to bed and still around high 50. Still around a value where when a dollar hits you will be in the positive. My plan is to reach 150k by Summer (September 22nd). I think I can achieve that goal. Hopefully I can double it by year end. That will be a feat worth planning.
The cool part with Hive it is a lot easier to get more when the price is low. No need to worry now with low value. The real value is the community. I hope it stays in this price section where I can amass as much. It is weird thinking this way. If Hive values more the system will deliver less Hive. I mean that is what we want when things are settled and done. There is no such thing in blockchain technology. This is ongoing effect where we will need continuously hard fork (upgrade) to stay relevant.
I think the pressure from the tribes and defi will make it tough for Hive to drop. Hbd stabilizer is doing the same thing They are buying more Hive and turn it to HBD. SO this could be the lowest Hive will be. I will be ready and continue to power up. Different ideas were floating the other day as of changing the 13 weeks could help the price as well. I think it is a healthy conversation that need a consortium and the community should give the okay. It is a great idea and life will be easier to power up and power down at will, knowing couple weeks are all you need.
At the end of the day, if you need control you know what to do. If you need to be a team leader you need Hive. Everybody has different goals. With stability with Hive, I think I can sleep at night holding Hive. NO risk no gain. This is crypto after all. A strong Hive benefits us all. Right now at 53 cents it is starting to build momentum for 70 cents. When the resistance is strong near that bottom, the dollar value will be inevitable.
Another main reason to hold Hive, It gives you the power to upvote posts, comments, vote for witnesses, vote on proposals. This is what keep stability and continuity in the community. It is a whole system where involvement mix with engagement further the cause. That way you will earn according to your share. Invest in Hive should be based on your experience and willingness to hold your tokens for more than 13 weeks. Always invest at your own risk. Luckily you can earn while you hold by participating. What is your plan before Summer?
Posted Using LeoFinance Beta
