Time to accumulate boys and girls! Hive is on sale again! $100 buys you pretty much double what you could have gotten a month ago. If you want to build a nice stake, you've got to turn these negatives into positives and add to your positions.
That said, you can NOT use funds you think you might need in the short-term. That's a good way to get rekt. But if you can find some to salt a little away, it's a great time to be doing it.
For one thing, it increases your voting power. Since you can do 20 100% upvotes each day and your voting power will recharge, adding more power to your votes can really help grow your bags.
For a second thing, most of us here think Hive is at least going to $5 at some point, very possibly by the end of the year. Buying HIVE at 85 cents becomes almost a 6x at $5. Buying it at $1.25 is only a 4x. Big difference. If HIVE goes to $10, that difference becomes even greater. 12x vs 8x.
That's one of the reasons I keep adding to my LEO bags at 20 cents. Even the 10 cents between 20 and 30 cents makes a HUGE difference down the road. $100 is 500 LEO at 20 cents. It's only 333 at 30 cents. Again, if and when LEO breaks out and goes to say...$2, that's $1000 with one and $667 with the other. Plus, you again get the added voting power AND there are airdrops to consider where you would obviously get more of those by having 500 vs 333.
Lots of reasons to be excited about this rather than disappointed. I know we would all rather be able to look at our accounts and see them be worth more. But if you're not going to sell anyway, then being able to buy more cheaper is probably actually even better. Of course, that assumes the prices will actually go higher at some point. But that's why we're here. If we didn't think they were, we'd be off in some other blockchain complaining about all the red numbers. lol
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I'm really going to ride with both hive and Leo with my spare funds.
I have been waiting for this moment and this might be the last time we'll see hive below $1.
$5 hive would be a massive pump, more fun if you buy now😊
Posted Using LeoFinance Beta
Couldn't agree more.
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