Hey!
About the price of Hive...
I've been lately going through the numbers, and while it's true it is crypto winter once again, we are certainly not doing too badly right now.
Price chart colours:
Blue:EUR Orange:BTC Red:ETHSince December last year, everything had a noticeable downtrend against fiat, but during the June, there seems to be a visible decoupling happening against Ethereum and Bitcoin. HIVE seems to be getting stronger.
I dont scared about Hive, but i scared about HBD! With 20% APY, it looks like very possible to repeat what was happened to Terra or Celsius
I think hive is something to invest on
This is true. It will benefit both you and others.
Not sure if it's a sustainable trend, but nice to see Hive holding up relatively well anyway.
Hive has its own downtrend too. Currently it is $0.3352 USD. It went down -6.80% in the previous 24 hours, and it fell from more than $1 USD in the previous three months.
I know it's down in USD, but I'm mainly interested how Hive does against Bitcoin.
For a healthy asset both uptrends and downtrends have their limits within sustainability. I think, that if we compare the current market cycle to the previous one, we've already reached the limit, or within one more fall. In 2018, the bottom lasted for 4 weeks. I'm personally quite confident we are currently already in the 4-week pit.
The way out is to accumulate while the prices are low.
I'm on the same page that either this the pit or we have a one shake out left.
Either way dollar cost averaging is the way to go, because in the end nobody knows where the bottom will be.
I think so, two big coins are continuing to dump for the previous month.
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