Current Hive price creates more confidence
I'm really surprised to look at the Hive price today. Even after a huge fall in the entire market, the price of Hive is looking very strong. This definitely means that we already have a new floor price set for Hive. This also makes me feel that the price of Hive may not go below 1$ in the near future. It is more like 1 dollar could be the new floor price for Hive.
I'm also curious to think that in the coming months, Hive might reach even bigger heights. There is a high possibility for the same. If people have stayed here for a longer period of time, we all know how the price of the coin was and how it is right now. Nobody would have expected it to reach the 2$ mark when the price was actually 11 cents last year. I was a bit confident and bought some Hive at the price of 19 cents. Not much though but it was a considerable quantity of Hive. I'm really very happy to look at my wallet value right now.
In spite of the huge fall that happened today, the price of Hive is staying very strong and many people are still seeing this as a good buying opportunity and keep purchasing Hive. I was able to see the price stay strong above 2$ before it came below that recently. I'm also thinking that the price can recover back to its position if the whole market recovers. This gives us more confidence in Hive and it will also open doors for new opportunities on Hive.
Imagine the price of Hive hits 10$ soon, there will be huge investors coming to Hive and many big projects will be built on top of Hive. I'm really happy to be one of the top 500 investors of this chain. I really want to go up the ladder whenever I can so that when there is a mega pump, my wallet will have a good amount of money that will be sufficient for me to retire.
People are buying Hive even at the current price
When I used to talk to some of my friends here on Hive, they all feel that it is risky right now to invest in Hive. Even for a quick trade, it is a bit risky. The main reason is that we have all seen the price of Hive stay around 20 cents for a very long time. That's what gives us hesitation to think that the current price may not be a very good price to purchase Hive in long term.
What surprised me is that there are so many people who are buying Hive even at the current price. Their target is even bigger I suppose. I did book some profits at around 1$ mark. But imagine if I had held my Hive till 3$ and sold them there. The new investors are mostly having the confidence that the current price will stay strong and they will be able to see new heights when the price pumps and sell their Hive there. Whatever it is, I'm sure this strength that Hive holds right now is very good for the blockchain and it also motivates us to build many new things on Hive.
 |
 |
 |
 |
 |
 |
Posted Using LeoFinance Beta
Yep! I was not confident to buy it when it was above $2 and near $3 so the lower it gets the more confident to buy I get
I am still keeping hbd 😁😌
https://twitter.com/bala41288/status/1467124068629372929
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
HIVE is going to really surprise a lot of people. There appears to be a great deal of upside to what is being developed.
We are all going to be very happy campers at some point.
Posted Using LeoFinance Beta
That was a nice bounce from HIVE in this recent dip. Up at $1.89 after a dip to $1.49... I just keep stacking slowly. Looking at a passive income from my HIVE and HBD.
Posted Using LeoFinance Beta
I'm confident in this network. If the past 4 years has taught me anything, it's that there is a core behind this network that will stick with it through thick and thin. So regardless of if it goes even higher than $2 or falls back to 10 cents, I will keep investing.
Part of me hopes it does dip down to a dime again so I can buy more. I did last time, too, but I'm greedy and want to buy even more ;) But most of me hopes it keeps going up. Either way, I'm good here.
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
Read our latest announcement post to get more information.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
I am not surprised your friends are scared as they are afraid prices will go back down too much but I think they would also be too afraid to invest if prices drop because they don't want to catch a falling knife. Either way trying to figure out when to enter and exit is tough.
Posted Using LeoFinance Beta
HIVE is for sure staying strong. Not many like that today. I don't know why, probably the SPK network airdrop in January, but really holding well.
Posted Using LeoFinance Beta
I agree. Hive has way more going for it than most higher ranked cryptos in my opinion.