3-Month decline in Hive 05.07.2024

in LeoFinance3 months ago (edited)

Hello everyone. How are you? I hope everything is okay. Even though things are not going well in the cryptocurrency market, I hope things are going well other than that.

I haven't written/shared anything on these topics for a long time. But the recent developments are quite interesting. There is a general decline, especially in Bitcoin. Hive is also keeping up with this situation.

There has been a downward trend in Hive for three months. Today it even dropped below $0.17. It's been over 3 years since we last saw these prices. Even when Bitcoin dropped to $14,000, we did not see Hive at those prices.

Hive is down almost 50% since I bought it at $0.30. This bothers me a little. But since other altcoins have also fallen, I believe that Hive will also rise to its previous values ​​when there is a return.

Let's see what will happen in the coming days.
See you again.

Sort:  

For those of us looking to build our long-term stake in Hive for permanent benefits, this dip is a blessing worth buying! I even cashed some of my HBD saving in to scoop Hive up under $20 because the 20% interest on HBD in a year is probably going to pale in comparison to a probably bounce back up to $25.

In addition to that, @incublus has let me know I should delegate 500hp to you for your Turkish Powerup Solidarity move this month. Enjoy!

I also think hive is a good price to buy. Thank you very much for your contributions. I am grateful.

Yeah.. I hope so it will rise😊. It's my first experience to witness the lowest value of Hive.😊

3 years is a long time. I think it hasn't appeared below $0.24 in 3 years. I hope it rises.

Yeah.. Hoping it will. 🙏 😊

Congratulations @ahmetay! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You made more than 1500 comments.
Your next target is to reach 2000 comments.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the June PUM Winners
Feedback from the July Hive Power Up Day
Hive Power Up Month Challenge - June 2024 Winners List