Don't Be Fooled By The Value Of HIVE
Looking at the markets today with most things down a good 70-80% from their all time highs and if we look at HIVE things are not that bad. HIVE is down from $3.41 and is currently at $0.74c which is way better from where we were. How can we forget 2 years ago on April 6th 2020 when we were at 8c.
HIVE is still more than 30% up from 12 months ago and this is nearly 1000% up from 2 years ago. What is great is we are all still here and know there is much more to come.
Exactly 12 months ago HIVE was sitting at $0.57c so we are up by 30% so what is there not to like as any investment growing by 30% in 1 year is still excellent. This is why always taking a step back and looking at the bigger picture is advisable.
HIVE is seriously undervalued for what is on offer and the price cannot remain hidden forever.
The one big advantage we have over other crypto projects is the ability to grow our stake through the work we do every day on the blockchain. The 30% growth in price is nothing to the value we are adding to our wallets which will ensure we come out the other end ahead of the game. Focusing on the growth instead of the wallet value will ensure you are always one step ahead and you will come out on top.
2 years ago when HIVE was at 8c I set myself a goal on Leo to achieve a 10K stake. That goal was achieved yesterday and shows what can be achieved when prices are down as nothing changes for us on HIVE. The entire eco system adds value to the HIVE wallet and growing on multiple fronts is what happens. This is how we get ahead by adding value to others and ourselves through our stake. I am not concerned about the Leo price either as this will only go up over time.
Growing for tomorrow is that important and what spurs me on knowing everything we do will bring value. Everyone talks about financial freedom ,but if you don't work at it then you don't deserve it. We have seen thousands of users come and go all missing the point and this is ultimately their financial loss having spurned another opportunity.
The lessons that one learns along the way is quite incredible as things do change. I can remember work colleagues laughing at me when I first started out saying I was chasing 5c and have no idea what that 5c has now become. Having patience and a vision is all it takes as earning via crypto is here to stay.
More and more adoption is happening along with development daily as I saw a post with Gucci accepting crypto payments yesterday. Not that I want Gucci but these are big steps that are bringing others into crypto which adds value over time.
In 5 years time where will the prices be sitting as I bet they will not be close to where they are now and the price dips will be many x more value than what we currently see. 30% year on year would still be a good result even though it would be disappointing and tells us how early we really are.
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That is awesome that you were able to reach your Leo goal. Congrats on that! No small task for sure! I look forward to seeing what Hive looks like in a year. I will just keep building until then.
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Hats off on the Leo 10k man, that's class. These downturns are the time to make hay and increase stakes. As Rothchild said "buy when there's blood in the streets, even if the blood is your own"
Word. Not worried at all cuz I wasn't worried back when it was $0.08. Then why would I be worried for an 80 cents HIVE. It can go lower of course, but appreciation is inevitable.
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This! 100% you read my mind
Hive definitely still has a lot in store for us. Holding is the smart thing to do irrespective of the downturn
Hive is still undervalued and the best thing we can do is to keep building and we let development keep rolling in because better days ahead
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I think Hive has a fairly strong future and the development just continues over here on the blockchain. So I also think it's undervalued. I won't be selling any Hive but I think I will just work hard on the chain to provide value and earn some Hive.
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It is nice thinking about how Hive could become in a few years time. And it is indeed undervalued considering its current price. Congratulations on reaching your 10k Leo goal. I can imagine a new number has been set :)
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Congrats on reaching your goal 🎉🥳 🦁
It is exciting to see where Hive could go in the next years… it is doing well in my eyes.
Let’s keep building and engaging…
Have a great weekend!
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5C per Hive? I joined when it is around 0.8 USD. lol.
Anyways, at first I also value Hive for its USD value alone. However, that changed when I learned more about its potential. :)
!1UP
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Agreed to the continuous adding of value on the platform. I would really love to see a messenger type app on @ecency.
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Very true the price cannot be hidden forever. Looking at the project (gaming, NFTs, blogging, DeFi,) we have already done what all other chains are trying. The best part our transactions are free and fast!
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That's great getting to your goal of 10k! I'm nearing 1k myself without delegations and that's been nice to see and get daily curation rewards in Leo that I can power up.
I think it's good that we are here, building and working on progressing on the platform that many have discounted and abandoned for one reason or another, many foolish and some not so foolish. As long as we keep at it, keep bringing on new users and developing we will have quite the powerhouse of stuff going on in years to come!
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With the increasing developments, we are seeing on Hive courtesy of tribe tokens' expansion, one can boldly say that the future is very bright for Hive.
Therefore, accumulating now might just be a great decision.
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With the increasing developments, we are seeing on Hive courtesy of tribe tokens' expansion, one can boldly say that the future is very bright for Hive.
Therefore, accumulating now might just be a great decision.
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Without doubt if you aren't accumulating HIVE and the secondary tokens then you are wasting your time. I do see things changing when the HIVE price rises as those who haven't accumulated will struggle to earn HIVE. The last time the masses joined due to the price increase and if you have nothing you will be lost.
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The success hack is to buy the fear and sell the excitement while also HODLing
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