Dropping Like A Rock

Words
101
Reading
1 min
6y
Listen to this post
~1 min

image.png

Earlier today, HIVE was at about 16 cents. tobetada@tobetada's technical analysis is proving accurate?

Paradoxically, this is the best thing about HIVE as a cryptocurrency. The volatility is massive! There's money to be made.

Forget about brainstorming how to adjust the tokenomics yet again. If you want investors, show them this:

image.png

Extremely violent explosions to the upside, painstakingly slow corrections. You have to be patient to find the real bottom.

If the above does not convince someone, show them the graph below. When we were Steem, our currency would move in rather extreme ways as part of the broader market cycles.

image.png

Dropping Like A Rock | Ecency