RE: Why is Hive crypto going up?
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Great summary mate and all true. Right now, Hive looks to have settled around 80cents range, so pumping it to $1 isn't even a big deal.
Also, on numerous occasions in the past three weeks, Hive has also tested $1, and it's just felt like it's only a matter of time before there's a mega bubble type of breakout that will push price up to $8.
Right now, I'm just trying to get some liquid hive in my wallet. Don't wanna be caught with my pants down when it eventually happens.
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But at the same time, you don't want to be caught with your pants down by selling HIVE that you've powered down on a pump and then it never returning.
My thinking is that even during a bear market, having the ability to earn curation rewards from Hive Power is huge.
If the price is low, then you're earning more HIVE tokens and just increasing my stack bigger before the next bullish market cycle.
Of course it's all good selling small amounts of liquid on the pumps, but just don't sell your core stack with the hope of buying it back cheaper.
I just don't think it's worth the risk if you're here for the long term.
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