Hive sits back at $0.35 Again | Here's Perfect Opportunity to Buy More
When Bitcoin stumbles, alts generally follow. Hive is a no-exception crypto coin that has always been happening in space. Some said that the reason why crypto is still in the FUD phase is because more banks will get exposed soon and short time, this affects the financial sector of the economy. The investments will affect crypto at first, then eventually money will be poured over crypto.
When Bitcoin dipped to $26k, which is happening right now, Hive went back to its $0.35 mark. Is this alarming? I don't think so because some crypto coins have passed a 20-50% price loss. I still think the price of Hive is still decent at these trying times.
But these times are the perfect times to accumulate more Hive. The activity on this chain has been minimal compared to what happened during the peak of Hive's price. So the competition for votes will gonna be as light as before. Well, just to be very honest I didn't get the large votes others receive but I'm happy I still receive votes from random regular guys. At least, I know I am re-investing what I earn and by the looks of it, I think I'd really reach 4,000 - 5,000 HP this year.
The 35-cent price is nothing compared to what will happen on the Hive blockchain in the coming years. The way it matures in governance and the technology being built exceeds my expectation. I even imagine Hive as a hub for lots of gaming and sports creatives.
For now, I believe accumulating Hive is very important. Soon, getting 10 Hive on a post is very difficult to achieve. We just gotta enjoy these moments where we get a lot.
Posted Using LeoFinance Alpha
Yes, the downturns provide good opps to stack up if you have some spare cash to invest.
Or you can just stay active here - that's the beauty of Hive as it's easier to earn when the prices are low!
Yes! Stack up if you have spare cash (or probably wait more) because I see that there's worse coming this year. On my end, I'm willing to buy if Hive reaches 25 cents.