▶️ Watch on 3Speak --- Hive is on the decline. What to do? We go through this every so often. We see many panic believing that things are going downhill. In this video I discuss how the market is n...
Comments
@thelogicaldude: Markets are all about supply and demand, that's really the gist of it. People overcomplicate everything which causes a bunch of noise. I have posted and made videos about the fact that the market is neutral, it's not out to get anyone, it just flows, so we have to flow with it. As long as the fundamentals are still in place, it doesn't matter what the price is. The problem is this industry is all about number go up. The problem with Hive is there are too many sellers vs buyers and that's why the price drops. The Hive markets are not very liquid at all on exchanges which causes issues as well when a big holder or a few holders decide to sell on Binance.
@mirroredspork: Well, it may just be me, but I see this as a buying opportunity. I love me a good crypto fire sale! Of course, this strategy has burned me before. I remember when I thought SPS was a good deal at .62, then .25, then .12.
@outwars: A lot of crypto are going down, so it isn't as worrying. If it was only Hive, then I would be scared. But in these times, I think one's beliefs on the product/blockchain gets questioned. If you believe in it, then this is just a fire sale and an opportunity to buy more.
@jammyjtr: It's a nice video, it reinforced some beliefs in me as well as thought new ones, such as; that price isn't really the focus but how relevant the system will be in the next 5 years or more, I do know it lingers around long term perspective which leads to my question; Question I have been opportuned to learn and study to be a trader to profit off the bull and bear of the market, which I see as a very valuable skill because I can analyze on any timeframe such as 2hr, 4hr, 6 months and 1yr charts. Analyze on this long term time frames doesn't it bring about long term perspective? Aside that, I'm enjoying the downturn of hive as I was able to get myself 29 hive coins to purchase 6 HBD to practice saving dollar dominated asset savings to outrun the bad economic policy in my native country, and in the long term by grace the price will get a lot higher which I work on generating more income from hive to stack up for further investment and staking, thanks for sharing.
@theringmaster: Wow brother you said it as it's supposed to be said. If you're looking for market s to validate decisions, it's complete foolishness. Infact while s the value is going down is when I'm actually going hard here on Hive. Thanks for the inspiring words Taskmaster, you've driven all the fear out of me now
@hanen: A market crash can always be a stressful event mostly for people who invested a lot, but by staying calm, informed and strategic, I think everyone can navigate through the turbulence. Thank you for sharing!
@shainemata: I powered up a little bit. It's an opportunity to buy more clout at a good price. It's not just Hive declining. It's everything. I'd be more worried if it was just Hive going down.