The biggest problem with HIVE is most people are users, not investors. I look at things like Bitcoin, Ethereum, Atom, Avalanche, etc., and I think, "I can make some money by buying some of these tokens." Most people look at HIVE and think, "I can earn money on HIVE and I don't even have to invest much."
Hive is about building the community and developing the blockchain organically. It's not out there in your face making headlines. It's also not available to purchase on most exchanges so...that cuts down the market significantly as well. The way HIVE is promoted is "earn crypto", not "buy cheap, HODL, and watch it go to $10 or $100."
I don't know if that's necessarily a bad thing because I think it will get there by deserving to get there rather than just getting hyped. But it can definitely be a little frustrating watching it languish while other inferior blockchains pump.
That said, I just look at it as an opportunity to keep stacking. I'm able to continue adding sizable, meaningful amounts to my bags while it's cheap. Even at $5 it becomes much more difficult to increase your bags unless you want to start investing thousands of dollars at a time. It also means that dollars put in now could still be 10x, 20x, 50x down the road. Much harder to do that getting in at $5 or higher.
Posted Using LeoFinance Beta
I would even say that Hive isn't for investors but for builders and users. If I was an investor why would I block my tokens for 13 weeks in a blockchain that I hardly know. Then I need to actually vote and understand why I should vote to get a return on my money. And yes Hive is growing thanks to inflation... When I try to explain that to people they have the feeling that it's a ponzy scheem while not realizing that all the other blockchains also grow their tokens in a way or another.
I also try to collect as many tokens as possible as long as it's still affordable. I saw already with Hive at 3$ how much more difficult it became to collect Hive. Thanks for your great comment!