Hive Is Pumping
Hive is pumping with the market! I remember when we used to be excited about 10% pumps haha. Those were the days. I know this is quite low still right now but it's a sign of things to come. I'll take the 10% pump thank you very much. I'm not selling, far from it. It's just nice to see my dollar balance go over $2k for the first time in a while. I've seen it read over $100k back when things were sky high, but it's only a matter of time before it happens again.
The last time we were at this price I was in massive loss (about -90%)! It was a hard time for everyone on here but we kept the faith somehow. We dealt with a hostile takeover, amongst other things, but we pulled through. Somehow, I think the community was stronger back then than it is now. I think we are more mature now though. I think a lot of us are seasoned now and are less easily perturbed. That's probably what it is. Way less drama and just getting on with building and creating.
This time round I'm in massive profit! Every single Hive/HBD I have now was generated (don't want to say "earned") by posting content here and engaging with posts. That's it. I've also been HBD-Cost-Averaging into Hive from HBD throughout last month when Hive fell to a recent low. Now it's worth a little more and I may return to HBD to grab some of that sweet 20% š¤. I was thinking to myself the other day how one could do quite well trading between Hive and HBD if one has enough money in the system. Our internal market is actually pretty liquid! Some centralised exchanges out there don't have the amount of volume we do here.
Another thing is how good Hive has held up over this crypto winter. Many projects our size have simply vanished. We are here, doing it. The token didn't actually do that bad either compared to some -99% crashes. And, look, we still have the 20% HBD interest. I know some people have issues with that, and don't think it is sustainable, but it's sustaining so far no?
I think the next bull market is going to be glorious for Hive. It's going to be good for all social projects because they will be the underlying backdrop to the meterverse, NFTs and AI projects, sort of how ChainLink is now to pretty much all crypto exchanges. When that time comes, Hive will rise to the very top of the pile and it will be happy days for our token.
Peace & Love,
AdeĢ