Price of #Hive token is increasing once more and it is following a steady approach. Whats great to see is that the speed of the incremental value push on the graph and minimal time taking for it is awesome.
For a long long time I was hoping that a day will come when the #token would reach to a solid value.
Evaluation of a token unfortunately depends on price and market volume, disregarding how potent and useful it is. Hive has similar story in fact.
What I see that, once the ATH reaches and a certain token passes its golden time. People and holders start to speculate a lot, what would happen and the predictability, starting to play bets and then riding on the luck - thats common in those periods.
The truth remains #crypto is volatile and even in a short time gap the whole calculation can go wrong and those people wishing a sunny day in their potential investments put hands on heads out of loss and the shrug of it.
Since there is no base limit and where to go and stop, in the process of climbing up of prices and then suddenly slowing down a bit and following the down stairs to lose value and remaining low for an indefinite period is what shuffles even the smoothest plans eventually.
I have seen so many people to draw their plans and some people to follow same rule buy low, sell high policy, in anticipation of the high to come, waiting and holding for a long long time until the span goes away to invest somewhere and play smart cards to win.
Sometimes out of #profit time holds more value and impact. The wise traders could see merit on the fact that, instead of looking to profit focus should be made also to look for the time be spent.
When a person starts a business, he comes up with a plan, a basket of cashes and a blue design to set the tactics. Every specific project has a deadline and time also.
If a relatively high profit scheme takes prolonged time and on the contrary the compounding #profit progresses with limited time, which one should be chosen ?
To me, the 2nd side has heavy merit because with time letting the profit to expand and the subsequent planning to let conditions work out on our own favour can potentially help us to grow more assets we cant predict at first nor expect.
I wish $Hive would gather around the mark 50 cents soon and go far beyond that.
The ecosystem would be better shaped by extensions and how more people would be attracted, with attraction would be investment and following that better structure and value.
Because, unfortunately evaluation depends on value, nothing else to this time.