RE: Hive in bear market|| Importance of bears and how long they last.
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I missed the bottom. But, I did buy some. In the next four years, I plan to continue buying up HIVE and HBD.
It is likely we will see more pain coming to the global economy this year.
There are two things to watch. The first is debasement, in which governments devalue their money by printing more. The other is inflation, which is the result of prices going up because people are competing for fewer goods.
We can't really do much about debasement other than vote for honest politicians, which is like believing in fairies. As for inflation, the best cure for high prices is high prices. It just takes time for inflation to sort itself out.
Personally, once I hit some HIVE staking goals, I'll be putting my savings exclusively into HBD, which has a relatively stable price. And, it's easy to predict your earnings from it.
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Hmmm, Debasement and Inflation, some countries are able to handle these thing better than others.
But I do hope that we will keep surviving till these times are over.
Its good to save both Hive and HBD, but I do like that strategy of saving in HBD and makes it easy to determines ones net worth.
This is a great addition.
Thanks for that.
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This is very succinct.
Depends on who is setting the prices.
I better have something to sell.
That's right. High prices encourage competition to come into the market. With more supply, prices come down. This only breaks with monopolies and cartels.
Wow . I had never seen it that way.
I m glad to learn this from you.
I m gonna look you up.