Hive is below 30 cents and I'm worried
I'm no stranger to bear market pain, in fact, I embrace the pain as a part of my crypto journey. However, as the market continues to slump further towards the abyss, I notice I'm also slumping with the market.
I know it is a rookie move to be emotionally connected to my bag but what other option do I have when this is literally all I've got in this world? There's no nice way to put it, I'm exposed and experiencing maximum pain.
Yes, I may be poor but all I've got is literally everything I have, so whenever the market slumps, you're also seeing my net worth dumping with the market. It is a frustrating experience for everyone, and more so for people like me that aren't smart enough to invest outside of the crypto industry.
Hive is below 30 cents
In a subtle way, seeing Hive above 30 cents had a bolstering effect on my emotions. I didn't realise this until I checked the market and noticed that Hive is currently trading around 28 cents.
For the first time since this bear market kicked off after the Luna debacle, I'm genuinely concerned and seriously having second thoughts about cryptocurrencies. Don't get me wrong, I still trust the tech, it's just the numbers I'm talking about.
At 28 cents, this is probably Hive's lowest point since the community fork away from Steem. Well, for what it's worth, Hive did trade at this value for a while but that was a long time ago and there wasn't this level of fear and uncertainty in the air.
For me, 30 cents represented a psychological barrier and seeing Hive trade below it has shaken my core. I'm not rage quitting or anything like that, in fact, I'm even going to double down to accumulate now for the future, but the point is, I'm worried.
I'm not fucking leaving
Typically, in a bear market, the number of creators around these parts drastically reduces. They'll be back when they hear numbers are going up again but by that time, those that stuck around will be reaping the reward for sticking by the platform.
For what it's worth, no matter how low the price of Hive drops, I'm not leaving. Not only because Hive is my source of income but also because I believe that Hive needs me now, more than ever.
I'm going to double down on my engagement numbers and try to interact with more publishers around here. The real MVPs are those that continue to churn out good content, despite the dip in price, we'll all be grateful we did it, in the long run.
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