Why Hive investors are safe
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The entire crypto market has been slow. Last year November and December, I thought the entire down movement of the market will end in early January because the Institutional investors would have sold.
Bitcoin and other cryptos have experienced significant price loss in percentage. Many have dropped beyond a recovery level. I checked through my wallet and I saw bleeding coins that a little market shift cannot bring back. But Hive seems to be on a rally for any recovery and the red candles are not really dominating.
From the initial growth of 1223% in the all-time low, there is only - 66.33% loss which doesn’t seem like a failing coin. It is just the chance for people that want to accumulate more to do so. It is a chance for people like me with low Hive power.
Also, now that Hive is trading low, it will drive more investors to take the opportunity of the price to invest since the ATH clearly shows a significant part of the asset. Many investors are seeing the $41,868 of Bitcoin price as the chance to book profit when it rallies back to $60k because it will eventually happen.
Hive Investors are just advised to hold more and buy more because the next big rally might take Hive above $5. Unlike many other blockchains, Hive ROI is very cool. Curating and creating content is the chance to multiply investment over time and this is a great thing investors can also rely on.
There was a point where someone close to me invested in Steem when it was $3 in 2017 and steem later dropped below $1. He was just consistently creating and curating content and buying at a low price and over time he could recover his money with no loss. So there is security for investment in Hive. Millions are safe and will only yield more profits. I was in an AMA with @theycallmedan years ago on steem with the Actifit radio and he mentioned he bought millions of steem over $3. I checked his wallet and calculated the loss then and I was shocked.
But Hive is greater, and we are already winning. People that stayed with Hive have a discerning power.
Hive On!
My name is @tykee (Balogun Michael), a software developer/content writer and the founder of Meshboc Limited. I use my content to share my opinions on tech, lifestyle, and finance.
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