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RE: Stay Positive Hive Is Still Up Over 300% This Year

in #hive3 years ago

Price really only matters if you want to sell, right? Other than that, it's actually better and more profitable for most people if it's cheap. This way we all can accumulate more at lower levels and then make more when it runs.

I get wanting it to be higher. It's always nice to see your account worth more. But, people need to look at it from an investment perspective. If you are selling what you earn then the price doesn't matter at all. You're going to earn the same "dollar amount" of Hive whether the price is 50 cents or $5.00. You'll just get less Hive at $5.00 and more at 50 cents but the "dollar value" will be the same.

If, however, you are investing and aren't going to sell until $10 or more, then you WANT it to stay low because you get more Hive that will be worth $10 some day.

So, stay focused on your goals of accumulating and enjoy the "sale". My take....

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