I really don't like bitching about the price of hive but i can't help it anymore, the dump is getting to me. It seems everyday i check coingecko i lose money. I hate losing money, but there is nothing i can do about it now. I would like to see the light at the end of the tunnel but it is hard to be optimistic at this point.
Panic sale?
Well, fortunately, i don't have so much to sell, and it doesn't even make sense to me selling at this current price because i am not in need of the liquidity. I could like to retain the value of my hive token but i have lost almost half already. So let the chips fall where they may. I still believe in this project. What's the worst that can happen at this point? more dumping? If there is anything i have learnt in this space, it is that things change unexpectedly and fast and one needs to ready in other to capitalise on these changes. I remember when steem was heading for 10cents then Justus came into the picture and the drama which led to the birth of hive. That was the opportunity we needed to push this community ad project forward.
The silver-lining
Purchasing cheap hive? yeah, that's the rhetoric you hear in these times.
buy the dip
Unfortunately, the dip keeps dipping and you go deeper into the rabbit hole if you follow that path. I have learnt not to gamble too much with my finances. It is often a safer bet to be lucky--and lucky i have been this year--a lot of people have been. From the boom in DeFi to the multiple airdrops. How many airdrops did you get this year alone? At least one--hive. Personally, I feel most people in crypto are in good financial positions right now. This has been the year of abundance. For the first time in a long time, i am not worried about my earnings from creating content. If there is anything i am worried about at this it would become a hive dolphin (it has been long overdue). I could change that right now but...but i am scared (yes i said it). I would rather grow gradually by the provided value in terms of content. There is no rush, we are in this for the long run.
For some strange reason, the only thing i feel comfortable buying now is USDTC and leo tokens. I buy USDTC because it is stable (i can't afford to lose money at this point, while in the case of LEO it is more about the confidence i have in the community. I know the people here ad the goal of the community so this isn't just speculative.
In a nutshell, i feel relatively safe because must of my liquid tokens are stable coin. I will keep supporting the projects i love and watch things turn around in no time. On hive there is a lot of things to keep you expected from the leo community to splinterland and other exciting projects on hive. This is the right place to be.