I think Hive will hit $10 in the next big bull run. Sadly, I think it will be five years or more until our next big bull run. Crypto markets have never been tested in macro bear markets. Bitcoin was launched in 2009 and stock markets have done nothing but pump since then. Now with worldwide financial pandemonium, I think crypto will tank bad until the global storm is over.
It's been there before. We will probably see it again but Bitcoin will need to gain strong support. Hive's user base is not growing exponentially. Until the number of users is increasing substantially, Hive will have serious headwinds. That said, I am long term bullish on Hive. It's by far, the best crypto for long term investment.
I think Hive will hit $10 in the next big bull run. Sadly, I think it will be five years or more until our next big bull run. Crypto markets have never been tested in macro bear markets. Bitcoin was launched in 2009 and stock markets have done nothing but pump since then. Now with worldwide financial pandemonium, I think crypto will tank bad until the global storm is over.
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It's been there before. We will probably see it again but Bitcoin will need to gain strong support. Hive's user base is not growing exponentially. Until the number of users is increasing substantially, Hive will have serious headwinds. That said, I am long term bullish on Hive. It's by far, the best crypto for long term investment.