Hive is going down and down and now as of writing it is less than $0.20, in the $0.18 range to be presice. When the Hive came down to $0.5 last year we thought it will not go down further and bought some, and when it was at $0.3 again it will not go down further bought more.
PC: CoinMarketCap.com
But now it has gone down even more, and again the temptation of to buy more. But you never know if it will go down further or not. Think about it, Bitcoin is at $55K. If Bitcoin price comes half I.e. around $30K, then Hive can also gp down further might be it can go down below $.1, who knows. So even if you buy today you will not be sure if it's gonna go down more or not.
But that's the part and parcel in cryptos. What goes up, goes down. When Hive went down to $0.5, we thought getting to $1 is a matter of time. But if you ask me today getting to $1 is like a big achievement for Hive. To be honest, I want Hive to go up and up but somewhere I feel we will not see Hive atleast for some years to go beyond $1.
But if you are a long term investor like me, then this ups and downs shouldn't matter. Like me, I am thinking this is a great opportunity to buy more Hive. I even started cashing out from the Savings so that I can buy some Hive. Getting more Hive is a great thing and thus who would want to let go the opportunity when Hive is at such a low price.
To be honest, I will buy some Hive if it remains in the same range after 3 days when my savings arrive and will continue towards my goal of having more and more Hive Power.
