Hi,
yesterday I was posting about the crypto purge, and now I was thinking that this purge might hit some projects on Hive.
As I'm a Hive fan, I'm quite diversified in here. I have the most value in Splinterlands, but also in the Hive Power, and some projects from Leofinance, or individual ones like SEED, from @empoderat (hope that he will not disappear).
The danger on this Hive projects, with the bear market, is that the main drivers will abandon them, due to the low return. This is the biggest risk as I see for today on the ecosystem, abandonment.
Well, I hope that the big projects, with big communities behind will be here to stay, and hope that the small one man shows can survive also. I'm not a fan of one man projects, even if I'm invested with @empoderat and @chronocrypto, both with a good track record. I hope to meet them in person, even if I love my anonymity.
As for Hive, I don't see a risk. Strong team behind, which was also active in the past.
On some tokens or communities, I still have some doubts, but will not mention them.
How do you see it?
Posted Using LeoFinance Beta
There are certainly some concerns that people have for the long term success of some of the projects that don’t have massive followings like Splinterlands and Leo but I think if folks are wise, they will use these opportunities as spring boards to grow things for the better in the future. Not everyone can do that, some do need to pay for things so we can’t be sure but I think that those who survive and try to grow themselves and their projects in these times will be in a much bette position in the future!
Posted Using LeoFinance Beta
In the case of the users this is rather the reality than danger. Many people (not necessarily project main drivers) are doing this. They leave, when the price of the Hive is low, but they will return, when the price of the Hive will be higher. We saw this in the past.
hive and leo are safe bets, anything else is debateable
Every investment has its own risks. Hive and Leo are not exceptions either. Invest only what you can afford to lose.
I don't invest fiat, only bull profits :)
Hi Alex,
Although it's true that I've not been that active lately, I'm NOT going anywhere. It's just a 'slow' phase and for sure much better times will come in terms of gains.
All the best :)