Since I joined the platform about 3 years ago, I have never witnessed the market going beyond the price of $0.1, but surprisingly, it surpassed it and dropped to $0.05.
As an investor or member of the platform, moments like this are not easy to bear. Just imagine that you already have your plans mapped out, only for the market to fall and keep falling dramatically.
Many people were forced to take a break temporarily from the platform because of this; others felt like this was probably the end, and they gave up.
I am still a baby in crypto, but one thing I know for sure is that there are good and bad days in the system and each of them have their advantages.
We all want bullish days, but the market can't go in one direction forever; if it happens, it means there won't be a balance in the market.
Knowing this should be an advantage to everyone in crypto, especially those who are investing.
A day would come when the market would go bullish again, and in those days, only those who are wise enough to save would smile.
But don't get me wrong, if you don't have what it takes to stake what you are earning due to your needs, pay attention to needs first.
Back to the prompt: if hive pumps to $1 eventually, it's going to be good news. I know that I have never experienced the market at $1, and for that reason, I would be very excited.
Finally, my assets would matter. People would believe that the blockchain is truly here for good. I can only imagine how people would be rushing to invest in Hive all of a sudden.
Many would be selling in order to be part of those who would benefit from the move, and many would be buying with the hope that the price would pump further.
Personally, if that happens, I would be among those who would exchange my hive for the nearest available stable coin, USDT or HBD.
My reason is this: the market is not stable. I may leave my hive with the hope that it would rise further, and then the price would begin to fall.
To avoid such a scenario, I would sell it off and hold the stable coin while watching the market. If it falls again, I will buy $hive and stake for the future; if it doesn't fall, I'll still hold the stable coin for an opportune time.
While I wait, I will convert some of the asset into my local currency and invest it in physical assets and part of it to settle some of my needs.
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