It's one of those red days and of course, as it always happens, people are freaking out. It's the end, some say. The support level isn't holding, others yell. Truth is, for me, it's just Thursday.
It may sound to some like I'm trying to shill for Hive, but that's not the whole picture, not really. Let's be completely sincere about this, shall we? If what I wanted was bags that pumped, I would not be here. I would have made so much more if I had cashed out years ago and put everything into Bitcoin, or even SOLANA for that matter. These days, I only hold Hive—but, of course, I have my reasons for it.
My friend Matt likes to say, "I've looked, there's nothing out there," and although someone might paint him as exaggerating, I understand him completely. All these tokens with crazy valuations, all these promises that still have not yielded anything useful but claim they’ll revolutionize the world… in my opinion, they are bubbles waiting to pop.
One has to make decisions, in my estimation, when it comes to investments, based on palpable things—on issues being solved, on technologies that people can actually use and take advantage of. This is precisely why I see memes, used to single out a bubble asset, as something I want nothing to do with. What issue do they solve? What technological advancement have they produced? How will these so-called meme-coins make the world a better place—a more fair system for us all?
I'm asking all these questions as if I don't know the answers, but I believe we all do. In a world filled with degens, one best keep their head level and both feet grounded.
Now, I know some people will tell me that the price of Hive worries them, and I hear you. I would lie if I told you it doesn't affect me at all. These days, all I do is Hive. But in times like these I remember a funny piece of advice my father likes to repeat:
"Can you do something about it? If you can, then do it. No need to worry. You can’t? Then why worry? There’s nothing you can do."
It may be silly, but there’s wisdom in those lines. As far as I'm concerned, all I can do is continue building something here—continue knowing full well that it will bear fruit eventually. I just don’t know when it will.
The last few days my brother and I have spent countless hours learning about IPFS technologies and working out how to implement video uploads in our app. I'd say we are very close to having something very, very usable.
At any rate, my friends, there's only one message I have for you all in these red days:
Ignore the noise, and continue to build...
MenO
Price will always meet fundamentals at some point the only question is when it will happen.
some people are stacking hbds... I guess they feel we might go lower. Possible, but if I had more sats to trade, or HBDs for that matter. I would be setting up a buy ladder down.
I saw that trend too, well you get something like 3% extra from your investment instead of curating+staking, but the percentage can change anytime in consensus. Still a HIVE derivative though, so better hold the asset itself even if it’s going down imho.
I'm 100% with you, as far as other token projects save the very few that act as nothing but a transfer of value, I've yet to find even one remotely close to doing anything we do here!
the social layer here makes hive both unkillable, and also unbelievable for many investors. I come to find most people, when i tell them, don't believe you can earn tokens by just interacting.
If only more people could see and stick to this.
There will always be a red day. The best thing is not to panic; I have learned to wait it out.
Just keep stacking, just keep stacking...
Lala lala la la
In finding dori tune
Sincerely I don't really understand how cryptocurrency trading and all that stuff use to be but I really love your father's quote, don't worry on what you can't do anything about. And I believe it changes something in me right now.