RE: Hive is Pumping and the Crypto Market Crashing
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We are a long way from the end of the bear market in my opinion. Gotta keep things in perspective and look at the trend below YTD
We see these pumps every other month this year on average. I’d love it if we bottomed at .30 cents this year but I doubt we don’t go back lower. Best thing would be retesting the bottom or close to it at a higher low and bouncing. I’m selling some of what I added at .33 cents for a double And adding more lower. But with Hive I also have a portion I just hold and don’t trade, I just don’t think this move means anything regarding a real end to bear market period. We are still 80% plus down from the high of past year at $3.34
But if we bottomed it’s a win for all of us. Especially if we see it hold when bitcoin goes below it’s low below 18K which is likely. Bottom line I love Hive
I just don’t think the space is going to new highs anytime soon or anytime this next year. More then seeing a double off the bottom here I’d rather just see us build higher lows slowly and for longterm.
If short term moves = good project then STORJ is the winner this month on a triple not Hive. I think STORJ is garbage and it’s just a pump. Hive I believe in longterm but see this move as meaningless.
Cheers friend
I know we are not out of the woods yet of the bear market, I'm just wishing we hit a new all-time high and might not be now or anytime so anyways.
Cheers 🍻
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