Yes, HIVE is trading at >$1.14 but still #172 !
Hello HODLers,
What a time to be alive right?
CryptoMarkets have been up for the past few days after some positive signals from the FED as Powell said he has no intention of banning crypto.
Also, Facebook being down with its entire ecosystem (Whatsapp, Messenger and Instagram) made a lot of people realize how fragile and centralized most of our social networks are?
Brazilian lawmakers aim to make bitcoin a legal payment currency. Another El Salvador coming? Maybe not yet, but this would be the first step.
#172 ? Don't we deserve better?
Most of you were not on this platform when Steem was in the Top 20 ! Yes, Top 20 and even 10 at some point. along the Litecoin, DASH, XRP, EOS, etc...
Today and even after this +67% in the past 24 hours, HIVE is surrounded by average projects.
When you look at other coins around us, they lack almost everything we have:
- a working blockchain capable of processing thousands of txs
- a strong community (#1 social media blockchain by users and txs)
- hundreds of dapps
- an history (even if it was scary to go through the Steem community fork)
Even when I look into the Top 50, I have trouble to find projects as polished as Hive.
We , as Hiveans and users have been suffering from the fact that we have been around a while and we were able to get HIVE under 0.2-0.3$ but that is not different than when Ethereum users getting their coins under 30$ and feeling reluctant to buy at 200$ as they thought it was expensive.
Do you think Ethereum is expensive at $200? I guess 99% of people would say it was a good opportunity to Buy the TOP (because it was the TOP)...
My strategy
For the past month and a half, I have continuously staked my HIVE and did not power down (still not !).
Even if HIVE goes up to $3-4, I do not plan to power down as I will be earning more and more $HBD to finance other investment opportunities I might see.
My HIVE price target
I think it is not too optimistic to think $HIVE will make it in the Top 100 most valued cryptocurrencies.
That would mean HIVE would to do 2.3x-2.5x and therefore reaching a price per token around $2.5-$3.
What are your plans? What are your thoughts?
Latest Analysis
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I booked profits sold HIVE just a while back at 1.05$ something and going to buy back at 0.73$ ...I believe the price will correct.
Earlier I used to book profits and withdraw that money now, booking profits and keeping the money to buy dips.
I never considered Hive as an investment, its my platform where I write and earn HIVE that's all...so all this HIVE ups are a big bonus stuff for me!!
If you have a plan to buy back, then it is good. I hope you might make some profits on that trade.
I stopped doing this as I usually do not get the chance to buyback at levels I targeted. Therefore, I am just happy HODLing my HIVE and getting $HBD that I can choose to spend on other projects or in real life :D.
Thanks for the comment mate
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Yeah the option to to HBD at savings account and earn interest is good.
Can you tell me if HBD is backed by dollars or how does it maintain its peg to dollar as stable coin, I want to know about it!!
What is your Timeline for Hive going towards 2-3$?
🙋🏼♂️ I wont sell any Hive before they go at least above 5 $ which could happen within the next 12-18 months I think.
📈 Long term, talking about 2025+, Hive could go double digit. But we will see…
There is not a single rule. If Crypto continues with its momentum this could happen in the next 2-3 months in my humble opinion. Liquid $HIVE have been hoarded by @splinterlands and other dapps. @3speak airdrop is coming (and depends on $HIVE holdings), new projects and dapps are popping up every day.
Most importantly we rank now #3 in terms of Tx on Blocktivity which is a data source for most investors/BUIDLers.
There is a trend, if cryptocurrency does not krach. $HIVE is going higher.
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Thanks for sharing your view! Do you have and more Details about the 3speak AirDrop? Never heard of it before…
Did not have time to deepy research it but they publish a lot of content about it.
It is quite complicated and exciting. Some kind of daily claimdrop depending on your Hive stake if I understood correctly.
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https://twitter.com/VinnieLemon/status/1445751491214516237
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Sometimes I have the feeling that Hive is ignored by the big shots and crypto celebrities because it offers already a solution and they didn´t think of it, were not early in and can´t get now the profit out of it. At the end all is about who profits and who is at the steering wheel, and before using Hive by starting as Newbie they rather would create something new.
Hello @stayoutoftherz, I am thinking the exact same thing. I believe many would like us to fall and therefore try to ignore us.
Any time another blockchain tried to combine crypto + social media: they failed.
Hive has its flaws but there is nothing even close to this project in terms of development and user base. It seems they cannot ignore us anymore. When the first will jump on the train, except the herd to follow ;).
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Yes, that would be quite a moment for us! If Hive makes it anyway near to mass adoption, I for sure would quit my day job :)
Hehe, when this happen and you become a full time curator, do not forget me haha xD.
This is all I wish to you mate
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No worries :)
Nice write up man. Ive been banking all my hive and hbd, should i instead be converting my hbd to hive? (pretty much stake every different reward im getting from hive)Still pretty new to the hive network.
It depends if you have other opportunities you want to pursue. I want to stay on the HIVE train in case it continues to moon and therefore I keep all my HIVE.
But sometimes I want to FOMO or buys Gods Unchained, Splinterlands cards to invest/play and therefore I use my HBD for these purposes.
In the end, define your own strategy and most importantly stick to it :D
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Ok so i guess what im really asking is what benifit does putting hbd into savings provide?
10% yield and access to almost stable/FIAT to buy the dip in case of a market drop
Ok sweet. Thanks heaps for the info!
Hi @vlemon
Your picture best represents the hive move, if price gets to $3 that will be huge for is Hivers, I hope it does 😊.
Hehe, funny enough I was looking for a picture to illustrate this and typed Hive + Crypto + Moon on Google and found a picture I used a few months ago on a Hive + Publish0x article:
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Nice
I prefer HIVE to be under the radar so we can continue to build without all the attention. We can be like Splinterlands and explode when everything is ready.
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True, let's get these HIVE tokens before everybody jumps on the train ! We wer there first, we might as well HODL a sizable position right?
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Yea I started around a year ago so I am just building my account. So I am not worried about taking profits just yet.
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This just reminds me of a tweet someone made when Hive was mooning.
I guess the next goal is Hive to Five dollar next
This just reminds me of a tweet someone made when Hive was mooning.
I guess the next goal is Hive to Five dollars next
The sooner the better ! :D
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Based on its intrinsic value, HIVE should be at least top 30. I mean, we have SHIB in top 50...