Bitcoin USD 30,000 - Some considerations for HIVE & LEO communities

Well, the cat is out of the bag. 30K was quite announced. If it can hold it, the movement to 35K will be smooth.

What happens now?

The lack of noise in Traditional Media tells us that this time big players keep accumulating in silence. You will hear lots of maximalist laughing at alts, posting the Bitcoin Dominance %, etc. etc. However, after every BTC high always comes an alt pump...

If you sell, lets say, 0.1 BTC that you have bought at $15K making a 100% in a 3 months run, You want to divest earnings on projects that you think that :

a) Are legit - You look for projects that have been around some time, with a proven record of good governance and strong community.
b) Have potential - A crypto project with good properties, nice tokenomics, future plans laid and a clear roadmap that keeps getting filled relentlessly
c) Are undervalued - No question that when you see jokes as XRP , BSV or ADA in the top 20, you are able to identify half a dozen of projects with a low market cap and a pending price discovery when you check dapps, daily users, number of active nodes and daily value volume and weekly transactions.

When you use this three above filters, not many options are left in the table. For me, they are clearly $HIVE and $LEO .

In a few months we will see if I need to review this post.

Thanks for reading!