It is such a drag to miss those low prices. I converted some HBD to HIVE while it was at $0.20s. Seems HIVE doesn't follow uptrend, but downtrend. I hope this is temporary, thus most of us stay here.
It is such a drag to miss those low prices. I converted some HBD to HIVE while it was at $0.20s. Seems HIVE doesn't follow uptrend, but downtrend. I hope this is temporary, thus most of us stay here.
I feel exactly the same. HIVE moves slow when market pumps, but drops fast when it dumps.
But maybe this short-term weakness is a long-term opportunity. If fundamentals are solid - which they are - these prices will correct eventually. What matters is staying and building.
Hive nearly always lags the rest of the market too, and often will miss the opportunity before the market dumps. It is awesome.
Yeah, HIVE has that special talent - slow on the way up, fast on the way down. Classic low liquidity behavior.
But there’s a flip side: when it finally does move, it tends to overshoot. The lag works both ways. Problem is timing it - you never know if “this time” it’ll actually catch the wave or just sleep through it.
The real question is whether that lag is a feature or a bug. For accumulators, it’s actually useful. For traders trying to catch momentum, it’s frustrating as hell.
I have been converting HBD all the time, regardless of price :D