Climb baby climb
There's not much activity in terms of uptrend in the price of Hive but it really feels nice to know we're cemented at a good rate.
I spent yesterday drinking beer and watching the price. I noticed that we generally hanged around the $0.5-0.52 range.
In recent times, this value of Hive is considered bearish. It doesn't necessarily mean we'll be running up to my desired $5 mark but it sure does make for good reading.
Buy the dip?
At this point, I'd suggest buying in at this range. Perhaps you could test the waters with your hard earned HBD that trades around a dollar.
Using HBD is like a soft landing for accumulating Hive. So I'm suggesting it for anyone with plenty interest in buying hive right now. If you don't have any particular need for hive, just hodl on to what you have.
Personally, I'm not touching my hbd until next year. I intend to use it to buy a sizable volume of Hive next year, when the bear market starts proper.
While you're enjoying the profits and quick scalps alike during this period, ensure you have a strategy that involves some stable coin or savings in fiat that you'll use to buy back into the market.
The whole idea is to preserve your earned bull run fortune and also stack more sats during the dark days. That's what the game is all about after all.
That's if hbd doesn't follow the downward trend like the rest of the crypto market. You know, it has a history of being unstable (sometimes)
But that's not a bad idea really. Let's see how it goes
Hopefully, hive hits $1 sometime this year. That would be great to see.
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Beauty of hbd is that it is capped to $1 regardless.
Oops I forget that part of our internal system
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Nice, but i don't think hive is bearish. i think it's just consolidating to form a strong support. it should go higher with time. Hive has a long way to go in terms of receiving more adoptions and generating new use cases. i wish i was a developer, i could have created an instagram-like end for hive . Celebrities would love the ease of appreciating their followers easily with Hive and other community tokens.
Do you know any developer? My only problem with building on hive front end is that the pictures will be showing on the blogging front end as well
my friend @gamsam is a developer. am sure he can help bring ideas to life. you can find him easily on dcity discord page
The time to buy Hive was at the price of 0.10-0.12$.
thanks so much. I just also thinking that way lately. if only i have those kind of thinking i might able to have some good amount of hive those lovely sats.
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