And So It Begins...
... the year of the truth of this bull market. The one that will tell us how appreciated will be our work throughout the cycle, if we kept building (businesses, stakes, assets, Web 3 identity, etc.).
The year of important decisions. Enough of us would have been farther ahead in what always seems a race against the implacable passing of time, had we made better decisions during the previous bull market. So... no pressure, right? 🤣
I started the year with a symbolic power up on HPUD of my Hive staking account. This is an account I won't start powering down unless the price of Hive really goes nuts this bull market. Very unlikely to happen to such an extent, or if it does to last long enough for me to perform an undelegation plus power down. So, I expect my staking account to be mostly the same at the end of the bull market, a little higher from small power ups.
I also checked how my crypto assets have performed in December. As you may expect, not very well after the sharp rally post US elections. Luckily for us, Hive kept the flag high, and not only did not lose value, but increased over the last month of the year. That pretty much compensated virtual losses in December on other assets for me.
Let's admit, it's nice for a change to have Hive ecosystem (mostly HIVE) pull the portfolio value up instead of dragging it down.
As the year-end vacations finish and people come back to work again, I expect the markets to re-activate again, and likely continue to push up after this pullback. We may still have a couple of days of twilight zone until then. That also means there will likely be fewer opportunities for Hive pumps for a while, which usually happen when the general crypto market is boring, goes sideways or slightly down.
I'm excited for what 2025 could bring for us in crypto, but also trying to remain grounded and not repeat the mistakes of the past or to make other new ones that could hurt a lot.
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I read elsewhere that 60 billionaires have already invested in cryptocurrency, led by Elon Musk. More and more people are accepting crypto and investing. We expect that market caps of coins will soar as a result. Maybe hive will go hover around the $4-7 mark this year, who knows. The excitement is palpable for me.
Why wouldn't they? Now they have ETFs if they don't want to get involved directly with the space, the US administration is favorable, all things look well for at least another cycle.
It's possible. We will see, with the entrance of futures in the game, it may become less predictable. Certainly more volatile, it seems, at least now in the bull market, although leveraged futures can earn well even on very low volatility.
Hive did some exciting numbers during the last few weeks of the year. I think a lot of people didn't expect it and that's probably how many wouldn't expect how astronomical the numbers will be in a few months time.
I don't know... They saw what's possible. 50%+ in a day is not small-gain. The higher the price gets, the more even smaller percentage gains mean in terms of dollar gains.
Despite the "50" I think a lot of people are still in doubt, I think this doubt is probably how they'll be caught off guard
One of the good to notice is that the fear and greed index has fallen massively since the euphoria we had. These corrections are a good thing to have IMHO.
I agree. Having them so high at the beginning of December started to become kind of dangerous.
Happy New Year. I did a symbolic power up as well with only 10 Hive, but I do think that it adds up over time. Let's see where Hive goes, but it has been added to a few exchanges so more people are being exposed to Hive.
Yes, I see some excitement over the new features thing and the counter-balance it might provide to Upbit. I just hope not many of our people will be lured by the huge leverages and get cleared out by the volatility.
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