When the last time you bought Bitcoin, it was at 8k/coin, a drop from 60k to 44k is actually a long haul rise adjustment from 7x to 5x rather than a drop of 30%. Bitcoin down by 30%? Boo hoo.
Honestly, I was hoping that the conversion mechanism for Hive to dollars to take longer to have it's intended effect. Now we are in a correction and the Hive price in dollars doesn't care. I was hoping to 10x my holdings of Hive assets but it just worked too well. Boo hoo.
All of this is kind of over-shadowed by what happened with Proof of Brain.
If I am not keeping it for several years, I'm not going to buy it, unless I am actually using it for purchases. . BTC has become less and less useful for purchases since 2016. Blocks filled up and fees sky-rocketed. Merchant adoption reversed course.
This is a big correction. I should buy into some crypto that has over corrected.
Imo, this is extended alt coin season, and we just smashed the mountain across the board with most coins. So we will be going down until Q1 earliest