Are we still on a downward trends?
Many of us want to know if we are still in an uptrend or not and the main reason for this is because we simply want to buy cheaper and then sell more expensive, but if you are thinking of buying Hive I recommend you buy it now.
Why do I recommend you to buy now? Not only are we in a cryptowinter but we are in the best time to buy cryptocurrencies, why do I say this? Simply because the historical high of the Hive is at least 2 US dollars.
Here we can see the chart in red, that means that HIVE cryptocurrency is following a bear market right now guys.
Let's take a look at the Bitcoin (BTC) chart.
Now Ethereum (ETH).
From my personal point of view I think we are in a bear market still, because simply everything is in the red. This has been going on for many months and I think we can recover soon guys.
Is this a good time to buy?
I think it is simply the best time to buy, especially the Hive cryptocurrency, Hive Blockchain is quite a stable system and I would like to invest a lot of money and wait for the Hive cryptocurrency to reach 3 US dollars.
Let's take a look at the all-time high of the Hive cryptocurrency.
As you can see the Hive has touched almost 3 dollars a short time ago and I am almost sure that this will happen again, so I not only recommend earning cryptocurrencies, if not have another source of income for when we are in a bear market to take advantage of our income and buy a cryptocurrency with potential.
I think this bear market will be around for at least 1 month, even longer, recently it seemed to be recovering, but it still fell a considerable percentage.
Are we still in a bear market?
I honestly think we are in a bear market, I have several days watching the charts of many markets, also the crypto market and everything has turned red guys, I must mention that if this continues for more than 1 month, I will become very scared, because that can mean a very serious financial crisis guys.
What should we do?
I think the best thing to do is to wait 15 days, in my case I have something saved in FIAT currency and I am going to invest it all in Hive cryptocurrency, I think we are in a good investment.
But let's see something.
Can you see the 0.26 cents? That's a point that is very likely to pass before too long, but it's also very possible that the Hive will touch at least $1.05 US.
I can't recommend anything because I will wait 15 days to buy something, I won't buy all my money, I will wait a little bit to see if it keeps going down.
I think if Hive goes down to 0.29 cents I will have to borrow from some colleagues to buy Hive, even also from my bank to take advantage, if you are reading this and see hive go to 0.30 cents don't hesitate to buy Hive, possibly if it goes to this price it may go down again.
But in a few years it will undoubtedly increase in value.
Disclaimer: This publication you see below is for educational and entertainment purposes only, I would like to remind you that I am not a financial advisor and I am not responsible for money loss or scams.
Nota importante: The images shown below are my property or I have the rights for commercial use, if anyone disagrees, please let me know.
We can talk, if you wish.
Thanks for reading my post!
From the desk of Carlos Mendoza, all rights reserved.
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