WINDOW OF OPPORTUNITY
It is a delicate way to explain this rise of Hive on the market. It was short lived so everything concerning Hive is sort of back to normal. While it is no longer the case now, it should be free to consider your take in the buying prospect. I do not know how you feel during that time. If you have #hive powered it serves little purpose at that particular moment. If you were about to sell, this is golden opportunity for you.
Less Hive available is better for everyone. While the word inflation can inflict pain if not understood properly, it is a word with variable context. We need more Hive and more Hivers. We need more folks to really understand at least what blockchain stands for. A rise justify a need. I guess it was fulfilled very quick. Steady growth is the pilar for any community. Supply and demand will balance itself in any market. Fear, emotions have capacity to help in the long run.
I look at BTC during that time period, there was no effect that cause it to happen. I may say since it was from #upbit exchange, #krw has a lot to do with it. Transactions help many from both sides. I took that window to buy more HBD since I was going to. In the moment Hive moves a little higher due to the rise of the market cap. I have to say everything is back to where we were a week ago. I can say we built into a resistance for Hive to sit around 36 cents plus.
When you have a market trying to move away from the calamity of 2022, these windows of opportunity will come and go often. In between there was a huge crunch of liquidity between small players in layer-2. You could not find Hive ready for exchange versus #hive.swap. Just to tell you how needed was the supply then. Hive is slowly building itself and I continue to understand the price you see today could be a reflection of the same price all year long. It is a strong price where it helps build a trustless system for everyone.
If the price is higher definitely there is a crunch and a valid reason for it. If the price is lower (which is near impossible cause everyone is looking to buy) it is to show some whales dump it on the market. I will personally a great amount. Risk is what keep Hive going. Focus is what differentiate your behavior between a passerby and a holder. Hive is loaded of holders. Keep in mind every month you will see this window open. You can either keep some Hive ready. You can either purchase some at the lowest price you can and pocket the difference. If Hive gets higher it will be harder to pull any stunts.
Today I have enough to hear about the debt ceiling. We have till June to grasp into that reality. While business is running at usual, it is beneficial to see what this debt will do for the future of crypto and how the financial world will move around it. This debt has more to do with politics than the actual reason behind the debt. Keep on vesting in you cause you always can make a difference.
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