I’ve thought about buying big with the profit from selling 80% my HP above .40 cents about 35K HP sold and 13K raised, turned that into Silver which doubled and I got some cash in waiting earning 4% in a bank account. I’ve been tempted to buy 100K HP for 5K dollars which still leaves me with profit from the sales, also sold 100K in 2021 over a dollar each , I just do not see a reason Hive will do well in future so I haven’t. I wanna have a reason, I just don’t. I feel like I’m throwing money away and no doubt we’ll see another 50% dump soon enough. The trend is clear and I just don’t feel like buying at .04 or .05 cents to gain HP, to see it cut in half & worse in the following year or few. I’ll always love the community here! But things have been driven into ground with waste & abuse. We no longer have a bull cycle just because Bitcoin does and that was obvious to me b4 regardless of everybody telling me I was wrong that we’d go to a dime while Bitcoin doubles, that’s exactly what happened. Sadly I will be correct and we see a penny hive price the next few years. Treading water just because it’s been holding .04/.05 level a few months doesn’t seem speaking to me. I wish there was a reason, would he cool to sell 1000% higher and buy back way more with half the profit year plus later, but I don’t see a story where it goes that way. I see lower levels being easier to hold up so we don’t rush to penny, maybe some ultra short term pumps like .045 to .0888 that last a day and we go right back to .05 area. Just sadly only see the facts, ultra low growth with activity reducing every year & waste & abuse by the big boys via DHF & HBD peg shenanigans.
I’ll always love the hive community! I just don’t wanna bother throwing money away. I hope witnesses turn this around and things change! I just think by now if it hasn’t happened it’s unlikely it does. Things are bad and they just keep it going the same way. I want a reason to buy hive again, I just don’t see it. I’ll be satisfied just being here part time and interacting with my friends. While most here delegate to buy upvotes by bots and that’s the medium size accounts. Big whales playing other games and rewarding friends via DHF slush fund. It’s a sad state, but the model was always going to attract this unfortunately. Even accounts I’m friends with buy daily bot votes, it’s 90% of this entire platform even though all that HP goes lower cycle over cycle and any rewards bought are worth less & less in real world terms. I’ll keep what I earn with my part time once or twice a week posting I mostly do for fun knowing I’m not buying votes like most do. Only way it works long term is to do for fun. Otherwise over any legit time period rewards not partially powered down & locked in all go lower. I see many posts who get zero comments or interaction for over a year mailing in post just to get Ed’s & SSG & other bot votes they trade delegation for. I don’t get posting here for bot votes with no views but even some friends we both have here so this. Same thing happened on Steemit, if these people sold they’d be far better off, Steemit has no views and multiple Hive regulars post there and have 25K plus delegated to bot voters and for 3 years they have zero interaction. If they sold years ago they’d be way ahead as Steemit price is down dramatically. Hive obviously has real interaction still unlike Steem, but half or more posts have zero interaction but yet the same bot votes daily and it’s just a weird routine they do for value they will loose on as price drops longer term.
RE: HIVE - Bought more AND Powere up 11K+ #HIVE - On the ROAD to 350K+ HP...Could be 400K+ HP as WELL...