Yes, the chart is not very encouraging...more than 90% lost so far in BEAR MARKET and some very ugly wicks every time the price tries to break the EMA-200 upwards, denoting HUGE selling pressure.
But if we look a little more at other cryptocurrencies we will see that the bear market has all broken in the same or worse way.
However, it still surprises me to read people who are looking for old glories in the market so that they can repeat what they did in the past...LINK, DOT, XRP... all these tokens could repeat history again, of course, but, why not HIVE too?
Those of us who have remained active daily and have not completely disappeared from the map know that the story will repeat itself...perhaps some projects will not reach past ATHs, others will, but without a doubt, once the bears disappear, it will be quite easy make a 5 times fold...or maybe 11 (in the case of HIVE).
So? Why not desperately accumulate HIVE if we are users of, perhaps, the only blockchain with the best specific use-case, decentralization and expansion potential?... It is something that still intrigues me, to be honest.
It is clear that most of us like to gamble, but that does not take away what is obvious.
The POLKADOT "tribe", for example, still thinks that, sooner or later, it will return to its ATH in a bull market...POLKADOT has fallen even more than HIVE in percentage...the same thing happens to LINK, let alone XRP .
Let's be serious dears, there is no reason to consider POLKADOT or any old glory to invest in them more than HIVE.
Look at it however you want, this is how it is, and if we trust in this project all the other shit should stay aside...except BITCOIN and a few others (IMO)
We should all be accumulating HIVE POWER now and not later, but hey, I guess there are people who never learn (LoL).
@toofasteddie