Hive and HBD Price Downtrend

Hello Hive Fam

Good day to you all, and I hope you're having a good time wherever you are.

This time, the price for Hive and HBD is low. Currently, it is at the Concerning level. yesterday I joined a show on Discord, and this is the first time I have joined But I liked the kind of discussion that was going on. There were speakers on that, and they were talking about some of the majors they are going to follow, which I think is a good move to control this leakage, which is expected to bring a positive impact on the hive price. HBD is considered to be a coin equal to $1, but currently it is not, and right now the price is 90 cents, which is 10% lower coin value.

The price for Hive is less than 8 cents, and it is concerning because I used to think that 20 cents was the lowest for hive and the time I started investing in this coin, it was mostly there with slight up and down movements. When it was at 15 cents, I also thought that it was another buying opportunity, so I converted all my HBD to Hive, and I was happy. At that time, I had no idea at all that it could go even lower and half of the price from that range. I would have got double the quantity now, but obviously, it's a market, and nobody can predict the next market move, which I understand.

When I was on the call, I understood that the. The DHF fund is the biggest reason for this draw because a lot of money is going out because of that funding. The team behind this mechanism will have some control. It's their job, and I hope they will do it best at the right time. So, as part of this platform, we can expect some corrective measures in the coming months. I hope that happens soon because the market is not being good this time, and a similar impact will be seen on this platform also.

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I'm not an expert here, and I really don't know what should be done here to control this further price drop, but from my side, I am going to follow a move that I hope will help me get more hive power. I have no plan to power down, so there is no point having some HBD or liquid hive from author reward, and this is why I will continue to post most of my blogs with 100% power up from now onwards. Thank you!

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Images courtesy: peakd wallet page

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