Success in crypto requires that you do the opposite of what sentimental people do in the market. As people stop blogging because of low prices, that’s when you add on more heat, and also accumulate more tokens as people are selling off in panic due to heavy dips. Catching Hive at 12-15 cents was a blessing, man. I wish I got an opportunity like that. Nevertheless, even 34cents is still a pretty decent buy price.
Just like how the bear starts with a sudden dip, the bull will start with a sudden pump, and that’s where the regrets will start. People who had been waiting to start buying when prices started recovering slowly will miss that entry. It’s fascinating seeing the market cycles alternating.
Who knows, maybe these 34-35c are some great opportunities to get some HIVE... We will see in the future... Or maybe those 12-15 cents weren't that good and we go under that? We never know... and just because of that, we should DCA when we can... and of course, do research on a token that we want to accumulate...
Many tokens will not survive more than a couple of years, but I think that we are lucky that HIVE is a pretty healthy token with a huge community...
I mean, it’d be good to get Hive at 12-15c, but going back down there right now will terrify a lot of people. A lot of people are holding on to hope that this bear is over and that the next phase of the market is to lift off from this accumulation.
I’m pretty sure in 2 years, somewhere into the peak of the next bull when Hive 10xs like in the last bull, we’ll see that even a 34-35c Hive was a damn good entry.