In the past day we saw crypto prices go through another leg lower. Hive is no exception. I tend to be very bad at market timing and this is another proof. All I can hope for right now is to see crypto bounce off a low and maintain demand in order to turn things around.
$0.01 drop in the past would not be as impactful in the past when Hive was over $1 but now things look different. It is more than 10% drop for every penny lower.
I have pondered the question of can AI replicate and replace many crypto currencies which in turn dilute what ever is out there in price demand for its products. At the end we should not focus on things we do not have control while focus on the things we do.
I continue to swap into more Hive as the days progresses and looking forward when the next crypto bull run happens I can capitalize. The higher the number the more I am earning.
I think this is the mindset we should all have. Where it is trying to stake crypto assets to earn passively. This approach allows one to see their progress since Hive auto distributes more rewards to stake share holders. Building brick by brick to one day hopefully have a crypto net worth that is worth passing down to my kids.
I think as long as we investors of crypto have hope and dollar cost average into these markets sooner than later preferred results.
It's not a bad time to add more Hive, but I am worried that Hive won't solve some issues such as the DHF. That downwards pressure can add up.
" Building brick by brick to one day hopefully have a crypto net worth that is worth passing down to my kids. "
And who are you asking for this investment from 💁♂️💁♂️ , your HIVE users worldwide whose wallet values have been taken away by 99%,
Man I don't even have money to pay my phone bill, everything has been taken away from me in this long game 8+ years 💁♂️ . If you are such a strong investor, please show me that you will buy 1 million Hive at such a low price. Or more. 😆 and i respekt you 💁♂️
But I don't want to hear anything about collecting here anymore in HIVE world , I've been doing it for years and now when I need to use coins, they won't even give me a bull market too but just a damn 5 cents. 💁♂️💁♂️ And then I see how some idiot just takes money out of the DHF system and buys sports cars. 🙈