RE: The CryptoManiacs Podcast - Episode 93-ish
You are viewing a single comment's thread:
Hopefully folks will focus less on price and more about the development of the HIVE ecosystem. Any idea where HIVE development ranks vs other chains? Seems like it would be ranked fairly well, I see TONS of accounts here that are devs or other volunteers building new stuff on top of HIVE, and the number of HIVE=based blockchains seems to be growing.
0
0
0.000
Absolutely!!!
Yea I agree that people need to stop focusing on price because it doesn't matter unless you are buying or selling. Most of the time, you probably won't be in that situation unless your primary source of income is crypto. If so, you should be taking profits when things are good to build some buffer.
As for development, I think Hive isn't that high. Last I saw, I think ETH was up there at the top and then it would probably be the big Defi platforms after.
Posted Using LeoFinance Beta
Yeah my bad, didnt mean to suggest that HIVE ranked among the likes of ETH, I meant more like among the top 50, should have been more specific, ha ha. there are a shocking number of coins in the top 100 that have very little active development.
As for price, yeah too many people breaking the golden rule and investing more than they can afford to lose, then they get scared when things crash,panic sell, and end up taking a loss, even during huge bull markets sometimes, its sad. Or they try trading with zero experience and take huge losses that way. If the average guy just kept it to an amount that wouldnt hurt too bad if they lost it so they would not react emotionally, and stopped checking the price every day it would serve them well.