Want Hive to the Moon? We Should Learn to HODL

Yeah it does seem to be sort of disappointing seeing the price of Hive on coinmarketcap.com as it is pricing around $0.49 the moment I am writing this post.

But I would back up @theycallmedan and his suggestions regarding imposing fee on powering down and giving it to those who in here for a longer term or in other words Hive Power Hodlers.

Read his post here

I appreciate the way he wants us to HODL and also told us how to motivate people for HODLing their Hive Power.

According to @penguinpablo May 12 post, total amount of HIVE stored on all exchanges is 129,867,897 HIVE' which is not a small amount. It is round about 34% of the total supply of Hive.

Read the post here

Credits

I myself don't support the decision of powering down. Because if we want the prices of Hive to flourish and attract more investors then we should be HODLing instead of powering down and moving it to exchanges. Why not hold your Hive Power here rather than having it on exchanges. I know it takes time to power down but the same time I would also suggest that we should have an option of instant power down with some percent of fee to be deducted.

Instant power downs are also sort of risky in case of account being compromised but we may also look into that matter too and how to avoid that risk.

So if you guys want Hive to the moon then you must learn to HODL.

Thanks