HIVE PUMP...IS IT TOO EARLY TO SPECULATE?

In a shocking turn of events, HIVE has skyrocketed by over 50% on Binance this morning leaving me really ecstatic! This big surge should go a long way giving a renewed sense of hope and optimism into the HIVE community not only here and the crypto community at large, but is it too early to speculate the near future, let's see what this looks like from the outside.

The Trump Effect

The recent US presidential election has sparked uncertainty and volatility in traditional markets, sure, but is that sustainable and how long can it hold as a bubble. There are obvious reasons why investors are seeking a safe-haven assets, and cryptocurrencies like HIVE are benefiting from the increased attention. Trump's pro-crypto stance and potential deregulation might be contributing factors to this surge. Well. Let's hope for the best.

It's high time though

Hive has been building over the years and even when the bears games, the building never stopped. We very all put our heads down to create something and that could also be what is paying off now.

Community
HIVE's dedicated community has been working tirelessly to promote the platform, attracting new users and investors. No wonder it should be high time we rose from the sleep.
Development Milestones: Recent updates and innovations on the HIVE platform have enhanced its usability and appeal. Huge breakthroughs on several front and the easy access made possible for new people to have lite accounts to share and create there experiences here also may have just paid off.

The WRONG Response to all these

FOMO (Fear of Missing Out): Investors are rushing to join the party, fearing they'll miss out on potential gains. Please calm down, your party has only just began, in the rush, you are very likely to make a mistake that then makes you regret. This growth will affect all if you very been working and believing.

Greed and Excitement:
TThe other day @josediccus wrote something about this were he called it a mixture and I felt it was going to be a bloody one. There are people waiting on the other side to draw blood and most of those who will bleed are the greedy ones.
The thrill of rapid price appreciation can cloud judgment, leading to impulsive decisions, so again, keep calm and Hodl.
Social Proof:
Sustainability is what matters the most, it may not show as much as social peer pressure, but think it through before you speculate. It is safer to keep building and have a room for the coming boom than to set your self up for a social bane.
I am not really saying don't be moved by others, sure do, but check your facts wells.

Caution: Don't Get Caught in the Hype!

*The RIGHT response

While this pump is exhilarating, it's essential to maintain a level head:

Set Realistic Expectations: Prices may fluctuate; don't expect unsustainable growth. Don't dream it, see it and work it out well.
Diversify Your Portfolio:

Spread risk across various assets to minimize potential losses. This was the best advice I got when I joined crypto a while back.

Don't Chase FOMO:

Invest wisely, considering fundamentals and long-term potential.

Stay Informed: Continuously monitor market news, updates, and technical analysis. If you want to do this full time. But for some of us, we ll just keep building.

What the pump can mean for HIVE

As the community continues to grow and innovate, we can expect increased adoption. More users and investors will discover HIVE's potential. Beyond just investors, I see where more socialites, churches and even organisations find HIVE a great place to be.

So, is it too early. Yes it is. Let's be hopeful tho and see how it all plays out.

You can also check out some previous post from my table Here👇👇👇