I am very thankful to the Hive ecosystem because it helps me recover my loss. There is no such coin that after staking your losses recover especially in this flash crash where every coin crashed more than 30%. This is not possible in any other project except the Hive ecosystem which recovers losses. HOW???
What I am talking about is Hive blogging and consistency. This is an action that takes every user out of loss and brings them into the profit zone. I was waiting for a long time that my money becomes free and I invest again in Hive. Luckily, I collected $1235 and bought Hive so that I can power up and work here.
About 1 month and 8 days ago, I bought 6550 Hive at the price of 0.1887. I bought at this price thinking that it is a strong support level and there are more chances of recovery here because before this many times after price rejection it went up to $0.23.
I thought it will go up from here and I will keep trading. But because I invested with a strategy and proper plan, today my loss is recovered. I thought if the Hive price goes down from here then I will take it into the Hive ecosystem for staking.
That is what happened. A few days after my buying the Hive flash crash happened where its price went to $0.03. Then the good thing is that we saw a quick recovery and Hive became stable at $0.13. When I did my calculation I had a 30% loss in just a few days.
But I did not worry or become upset because my strategy and plan were clear that whatever Hive I have I will power up. So I powered up 6550 Hive and after that I did not focus on the price but made good content, did internal market trading and started investing in different tokens like #Script, #Colony. #HBD and #Hive.
I thought I will keep my investment going continue, will be a consistent user and think with a long term plan. Besides this I thought to buy more at the $0.13 level so that my average goes down.
Buying Hive And Consistent Blogging Reduced My Buying Average
The Hive I bought I also powered up. Continuous reward payouts reduced my buying average and slowly after 1 month and 8 days today when I see my wallet I only have a $30 loss now. That means a big amount that was in loss is now recovered.
This is the beauty of this ecosystem. If you stay consistent, understand the value of this platform and keep hope in yourself then you will not face any loss here. Today when Hive price is at $0.125, I am almost at breakeven and I am very happy about it.
Therefore being a Hive user is always beneficial. I advise every user that if you are stuck in other altcoins then shift to Hive and bring your investment here. Buy some important tokens, keep one part for internal market trading and power up the larger amount to do blogging and curating.
After some time you will see your loss decreasing and within a few months your loss will turn into breakeven. This is the power of this ecosystem. I am not giving any financial advice but sharing my personal experience.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Those who will interact will get my 100% upvotes. My staking is increasing. Thank you all for your time reading the content.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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