Hive ATH - Change of Fortune with Limited Scope ! How we enjoy it ?

avatar
(Edited)

Last year, when Steem forked took place, and Hive happen many advised me to stay with the Steem platform.

By that time, I was pissed off with the Steem network and their reward distribution system.
So with all my risks and instinct, I opted to continue my Crypto journey with HIVE. And today, I am proudly happy to be among one of the hiveans who see $HIVE ATH.

Screenshot_20211126-082643_Binance.jpg

As I woke up this morning with a new ATH for $hive. It get past $3, before scaling down to $2.89 (at time of writing). There would be many post circulating on Twitter and Hive about the amazingly Hive ride so far. Especially last one week where the Hive ride is amazingly surprising. It keep moving upward, with no looking. However, if we look back at STEEM. It is far behind in race so far.

Screenshot_20211126-083952_Chrome.jpg

However, The limitless Hive rides comes up with some limitation. Many user unable to encash the opportunity of the price rise, as hardly anyone keeps any liquid HIVE, except few whales of the platform. We keep on Staking and powering up Hive all the time. Resulting the spike has nothing to do with many hive user.

Sevondally, if we look in to the HBD prices it is still below the Hive prices, so even if we convert them to Hive, we will get much lessor value. So neither we are unable to convert HBD to HIVE to enjoy the cherry ride. At same time if we look at SBD prices it is much higher than HBD/HIVE/STEEM.

Screenshot_20211126-084611_Chrome.jpg

Screenshot_20211126-084653_Chrome.jpg

Here I mean to just put my thought that, I am not the lucky to enjoy the juice of the Hive price rise. Even though it give a great sight to watch. Afterall the faith,dedication has reaped us good benefits but still the sweetness of Hive is far behind the common user.

Takeaway

And the learning that we get is to always keep some liquid balance rather than powering up all the time. It will allow us to atleast enjoy the benefits at time of such sudden price rise.

If we are investing something and unable to enjoy the rich benefits how the investment is going to be fruitful ? I think #Hive must do something to allow users to encash/withdraw partial amount in time of emergency or in time need. Staking it and keeping it locked doesn't let users to enjoy the real benefit of their investment when they needed them most.

Peace

Namaste @steemflow

Posted Using LeoFinance Beta



0
0
0.000
11 comments
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
avatar

I have liquid, but I am not selling - 10$ is not too far....

0
0
0.000
avatar

Even I am not...but the small investors and users needs to be taken care for their contribution to this platform....they did powered up all the time...but when they have limited scope to enjoy this kind of pump.

0
0
0.000
avatar

You got a point, I wish I could see it happen.

Upvoted1.gif

0
0
0.000
avatar

Thanks dear....some flexibility need to be there to enjoy the pump....afterall small investors always look out to enjoy their part of investment

0
0
0.000
avatar

I'm glad my Hive is locked up. It helps me HODL it. While it would've been tempting to sell some yesterday, I also truly believe it would've been foolish.

!PIZZA
!BEER

0
0
0.000
avatar

Me too....but heart goes out to those who doesn't manage to reap the benefit..they invested and devoted time for thr platform. Now see the market is tumbling all their hope would be shattered...

0
0
0.000
avatar

I think this was just a taste of what's coming, though. All hope is not lost. It'll have to tumble all the way back down to below $1 before I get too worried. If people want to sell their Hive, they should probably work on getting some of it liquid now, for the next run-up. It would be nice if curation rewards would pay out in liquid Hive.

!PIZZA

0
0
0.000
avatar

Yes..that's true...."all hope not lost" but considering the power down time is of 13 weeks it will take 7 days to receive first chunks of the stakeig....and by that time anything could happen....I think there must be provision to allow user to withdraw a fraction of Staking in immediate time.....just a wild though 🙂

0
0
0.000