How cheap are the Chaos Legion Pre Sale packs really at the moment?! O.O

in #vouchers2 years ago

I'm just addressing you guys with a quick note. And I have to do this from a secondary account unfortunately, but my resource credits are currently depleted :D
I noticed that contrary to most expectations, the vouchers are currently plummeting in value.

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Often the wrong perception arises that the $ price would be the relevant factor. However, this is only partially true. Because if the overall market value of Hive is increasing and you don't want to cash out your HIVE, then the $ price is completely irrelevant. What is more important is the HIVE token price.
If we take a look at this, we notice that many players are just throwing their vouchers on the market, but not enough are being bought. So is it currently a good idea to sell your vouchers? Absolutely not. It is by far the worst time to sell your vouchers.

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Let's compare the numbers. The previous high point (after the initial hype) was at 30 HIVE. The lowest point so far was 14 HIVE. Somewhere in between you can probably find the actual value. Currently we are below 12 HIVE.
It doesn't matter that the $ price is still at $18. The whole HIVE market is booming right now, which you can see in the following graph:

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So if the HIVE price falls, which is quite conceivable after such a rally, your newly acquired HIVE tokens will lose value again.
So what is the best decision? That's still up to you, of course. I for one will wait until just before the end of the pre-sale. There are still a few hours left. If the price continues to stay at this absolute low, I will probably use my vouchers. Originally, I planned to sell the vouchers to have more buying power in the second phase. However, I had set a limit of 20 HIVE and expected the price to move in that direction. 12 HIVE are worth the vouchers to me in any case, which is why I will rather use them below 20 HIVE.

For whom are the prices beneficial? Of course, for anyone who still wants to buy Chaos Legion packs with HIVE assets.

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