Right now I have about 45,000 HIVE in liquid. I started investing at different levels (0.06, 0.055) and still buying to bring down my average.
When I looked at Hive in detail I understood that Hive is not just a coin but a complete ecosystem. It has social media platforms, games (Splinterland will be the reason for hive growth), communities and most importantly we have #HBD technology. That might be lagging for now but all will be well.
In 2021, many projects came and disappeared but Hive is still running and its community is still active. There is no need to worry about its price.
My biggest concern is not the technology but adoption... Today people in the crypto market mostly talk about AI narratives. Specially AI technologies are more preferred..
Hive has good technology but it needs new users and developers. If user growth does not come, it becomes difficult for the price to move higher in a sustainable way. We have to wake up the DHF. Any further spending will no longer be acceptable nor affordable..
If we talk about price, HIVE's all-time high was around $3.40. Going back to that level is possible but it would require not only a bull market but also real adoption and ecosystem growth.
In my view the $0.10 to $0.15 range looks like a more realistic target if market conditions remain favorable and Hive can expand its community. This is possible. #hive is right now at $0.048. If it reaches $0.03 or even $0.015, we will bear loss. But what if it recovers back to $0.15? 5X growth possible.. We are currently at very low and this price brings not hard concerns.
I start buying #hive at $0.06 and keep on averaging till now..
This loss is very small compared to people who bought HIVE around $0.50, $1 or $3. Respect for them and sorry to them.
What will I do with this #hive? I am waiting for the 25% recovery.. If in case the scenario gets worse, I will straight away powerup and will start earning curation rewards. I will surely hold for long term and will escape after price reaching $0.15 which is possible. Small market cap can go anywhere.
If someone asks me today what the future of Hive is? my answer would be...
Hive has a good chance of surviving but its real success will depend on whether it can attract new users and developers... We need more and more new users. We need better technologies that attract people. If adoption increases, reaching $0.15 is not difficult..
At this moment my focus is not on panic selling but on a long term strategy. We are already at all time low. Investors who did buying at these levels, needs not to be worry. It would be concerned if you had bought at $0.5 or around. But buying at all time low is always juicy..
Dont worry, Good times will surely come. Support your DHF and the witnesses that are surerly working hard for the betterment of ecosystem. United we stand and #hive rocks...
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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