Dear #newlion
Please don't get discouraged when the price of $HIVE doesn't keep pace with the rest of the market. We are pretty uncorrelated which is actually a good thing.
We are building a true #web3 ecosystem with real fundamentals, not a casino coin based on hype... If that's what you are looking for, go check out the scams on the Solana ecosystem, they will be happy to take your money.
But here, we are real people, building a real alternative economy. It takes time, and it takes more people buying than selling to make the price go up. Hive is more of a sideways mover in this aspect because we earn here for our time and work, so we need to spend it at times too!
So don't be afraid to dig in and ask questions on how things work around here! But don't expect the same kind of moves that you would get out of a memecoin with no fundamentals. But we are a fun group, so get engaged and help us build this awesome community!
Well said. However, many new lions don't even know what Hive is yet. Many that I onboarded are contented with posting on Inleo for now and I'm taking it slow with them before gradually introducing them to layer 1. So, all they know for now is the leo token.
Same can be said for the LEO token.
Yea. I just saw that Leo lost 50% of its value. Had to quickly pick up some while the price remains so.
Probably a good call. I am sitting here debating on buying up a bunch of Hive and LEO or buy a second DOGE miner that would actually feed into Hive and build them anyway...
I'm a sucker for anything Hive, tbh. It is the reason I got into crypto. Aside from that, I love the utility, the community, and the potential it holds.
Yeah, Hive is great. Mining was actually my gateway, well that and dealing with FEMA after losing everything to a hurricane and realizing the government is trash. I found then Steem as an alternative to mining when I moved out of my place and started my vanlife adventure. Now I am settled on the family homestead so it's time to rebuild!
That's quite some story. I'm glad you scaled through. I've also been here since steem and this platform has helped me a great deal.
Buying $LEO is a no brainer now
Thanks for this awesome info , now I am beginning to have idea on how things work here..