Viewing a response to: @edicted/ma-100-is-your-new-god-now
Some good points on Hive and it's trading. Hive's a weird one though as well it often does the complete opposite as the rest of the market can whales in with Korea lol at 500 million market cap we already cut our marketcap in half from where it was at the all time high. However there are a number of projects coming to hive most likely Q2 (not so sure about Q1 it doesn't feel like it from what I've been seeing/hearing) but it goes to show you how easy it is for the potential of Hive to grow and grow quickly. Long game is always the best game if you ask me in terms of crypto. Even if you bought at the all time high in 2018 at just shy of $20,000 you'd still be up 50% today which is pretty nuts in terms of investment. It's not your crazy 1,000% but 50% is a solid gain. I also feel like there's much more at work now. there's far more use cases for crypto and it's pretty much entered into everyone's lives. Another part of me goes back to the cool factor. A friend of mine said the other day their grandma got involved with buying bitcoin. I laughed and said well once grandma gets in you know it's time to get out. I'm not sure how true that will hold but it could be possible as when grandma gets in that means pretty much everyone else has already.
author | bitcoinflood |
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permlink | re-edicted-2022116t161312171z |
category | hive-167922 |
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> I laughed and said well once grandma gets in you know it's time to get out. The problem with this line of thinking is that it assume that value comes from the outside in. In reality the ultimate goal is to build value from inside the system and expand outward rather than depending on old money for funding. Hive is doing a really good job at this, and even though we've gone x10 over the last year there are still a lot of fundamental gains that haven't been priced in. This community has PTSD from the last bear market, and it shows.
author | edicted |
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permlink | re-bitcoinflood-r5tn4y |
category | hive-167922 |
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