HIVE and the "Take the money and run" investors
Chatting yesterday in a group of manic traders like myself, the topic of conversation, apart from the manipulative stupidities of characters like Elon Musk, was whether or not there were more shitcoins to invest in today...leaving aside very dangerous products like SHIBA for example.
We came to the obvious conclusion that in Bull market EVERYTHING ends up having its pump and that having a little of fundamentals and looking for the right entry, any project could be profitable.
Following the conversation, we got to comment on the case of HIVE, its great fundamentals and how little the Bull market appreciated in the price of the token.
Obviously, we all came to the conclusion that despite the excellent, although still small community of enthusiasts, the selling pressure that HIVE, formerly STEEM, has, makes it very difficult to grow in economic value. In addition, its restriction on the ability of an investor to withdraw their investment, the famous 13 weeks of Power Down problem, makes it almost impossible for even the most risky of investors to put thousands of dollars in the project, since the risk to recover it is very high.
The risk is not only losing your investment but also not being able to extract profits on time.
In a beastly universe of speculation, such as the crypto-market is, HIVE seems to want to anticipate the future stabilization of the market, if this ever occurs.
Unfortunately today, the average crypto investor is looking to make a profit in a quickly manner, not caring about the fundamentals too much ... it is the typical "Grab the money and run" story.
Unlike any other crypto, HIVE needs more educated investors, much more technological, longer-term and less effervescent ones... and, let's be frank, in the crypto universe this type of investor profile is clearly a minority.
We could say that HIVE investors are more noble, more dreamers...a bit naive if you allow me. In fact, we have managed to cast out all those actors that we considered "bad" because they acted as squeezers of the reward-pool.
I think those "squeezers" are the majority out there today.
Our project will always be a Long-term project in this aspect...it is a project that seeks the usability and sustainability of the ecosystem, putting aside the economic term.
It is possible that decreasing the power down time helps but I don't think it is the solution. The solution is to be more visible, to have more DApps, to offer and publicize our economy and our possibilities and all of these are things on which we fail continuously and that will require still a long way but... I am still confident everything will arrive.
Long term vision is the most difficult one but also the most rewarding over time.
PS: to be honest, I had prepared another type of post, showing a large symmetrical triangle that can catapult HIVE to 1.3USD in the short term ... but, as I was writing, I changed the topic of the post... I don't know .. . Sometimes I feel that we lose hope in ourselves and maybe we just have to give time so, I feel like today was a good day to reiterate our need for a long-term vision.
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