I have not really wrote a financial post on LeoFinance in awhile so here it goes. We all know that most other coins follow the markets led by bitcoin. Like it or not. Hive is no different.

You need to take it all with a grain of salt, and think long term.

If you looked at this one day graphic only you might panic. If you read some of the headlines and negative articles you might panic.

Bitcoin tumbles as Binance paused withdrawals twice

Source

To quote the first paragraph.

"Bitcoin deepened its losses on Monday, falling more than 3.8% to the lowest level in almost two weeks, as Binance, the largest crypto exchange, paused bitcoin withdrawals twice over the weekend."

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

Source

Again to quote the first paragraph.

"Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware on Monday, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission (SEC)."

Oh man. It is all bad news. The sky is falling. Sell all your crypto assets asap. Get a real job.

But you know what? Keep searching the news. There is so much positive crypto news.

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report

Source

"Liechtenstein is planning to add bitcoin (BTC) as a payment option for government services, German news outlet Handelsblatt reported on Sunday"

Another use case for Bitcoin.

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace

Source

"Long-term bitcoin holders are continuing to add to their bitcoin holdings, despite BTC trading at a slight premium. Meanwhile the CoinDesk Bitcoin Trend Indicator (BTI) is showing that the asset is in the middle of a significant uptrend"

Oh, look at that more positive news.

Hive

Yes Hive is following Bitcoin. But that is only going to happen until the world finds out about us and the fact we are the best blockchain. Imagine when we get into full bull run and Hive comes into its own at the same time.

Back to Bitcoin

Bitcoin could more than double and hit a new record high next year as the token sees a big shakeup, blockchain exec says

Source.

"Bitcoin has soared more than 74% to start 2023, but the world's most popular token by market cap could more than double by next year, according to Bob Ras, cofounder of blockchain firm Sologenic.

A key catalyst will be the halving process, which is when the reward for miners is cut in half. It's meant to cut the supply of tokens and historically has sparked price increases"

my point

Thing will turn around. Markets always do. This is a time to hodl and with Hive to keep building.

Bradley