In reality, it's difficult to predict Hive, but I understand you're a believer and believers project faith and resilience on the projects they love. Hive definitely has utility and a good number of vast and different communities and use cases and I think we will only grow with time. As for the price. I want to think since last Hive Alt time high was 3.4$ I want to believe Hive might touch $5 in the peak of 2025.
I've seen olio de balaena community, I want to believe it's a community for only Italians to post right?
It can definitely go higher than that for the peak, but it would be unsustainable. A new bottom will be created though imho so long term the coin is doing well, unfortunately the market is not mature enough to recognize utility over speculation.
The community was created for that years back but at the end of the day everyone is welcome to post in their native language, of course if you post in italian there's a bigger swarm coming to interact.😁
I think the gold standard is to just convert to HBD and come back 2 years later to buy those cheap Hive, in reality I've seen people who are waiting to take advantage of this mechanism.
If prices goes to let's say 6 to 8$ and only stays there for 1 week before going down to 4$, I still think it's fair. 80% of people might not catch the market at its peak and that's because a pump to high figures will be unsustainable. But I predict that many people will be coming back to buy cheap Hive in a few years time with the HBD they've converted to. We may not have too many people, but the product is quality here and we just need more apps.
Thank you for clarifying this as well.
This time it will be my strategy too, I won't risk too much but it could be worth it. Selling is like buying, you can't predict either peaks or bottoms, I have a decent average low buying price though, of course the time window for selling will be way tighter and it is not easy to sell when the price keeps climbing but at some point, somewhere above previous ATH, converting to HBD and waiting lower prices to convert back to HIVE could be a good move.
I think generally I've seen a few predictions from people and some of them thinks Hive won't exceed 1$ and they'll just sell when it does hit 1$.
I think when some people make moves like this, it might just reward others who believe there will be a higher price and only hold.
I think 2025 will be wild. People will come up with different strategies but I believe those who sold early because they don't believe the project can do higher prices are the ones that will most likely lose out.
I hope your strategy pans out, just like you've said, selling is like buying, only this time you'll be buying back cheaper and owning even more number of cheap token.
So I guess first resistance is at 1$.🤣
Thanks mate we’ll wait and see what 2025 bring us.