I guess it would be good practice to make sure that I say that Im not a financial adviser, so what I say you should always take it with a grain of salt. But, I have a working hypothesis at the moment.
As Ive said before; I believe we are already in the bear market. It would be hard to convince me that its all about to turn around, and that BTC will hit 100k in the near future. Why? Well, because the time frames are similar, and my gut has been here before.
But, and this is the big BUT. People need a safe place to hybernate, if you will. A blockchain where they can store their value, and possibly grow albeit slowly getting ready to take the bull by the horns the next time. In that sense Hive, and specifically its PEG HBD seems like suitable option, does it not?
Here is my hopeful prediction. Slowly but surely as more Voyagers, Celciuses and what nots flop, more hodlers of last resort will try to find an environment where they can rest their digital values and hedge against the market movements. They will find HBD, they will take a bite, and find out about everything being built here.
Now, these pumps, they very well may be bigger bites from bigger fish, and if Im right about this, they will cool off every single time they happen, however giving Hive the general direction of UP in a general sense when zoomed out.
I doubt Hive will reach crazy valuations as this all happens, it would not make sense for people looking to take advantage of HBD savings to buy into a coin while its been pumped like this, but the overall HBD holdings will lock in a positive trajectory.
What say you?