We all have big hopes on Hive. Earlier I remember that the price of Hive used to have some decent fluctuations where the price would go down and up multiple times so that it was good for both traders and investors. But it has been a very long time since the price reached a high value. I bought some Hive when the price was around 90 cents and still waiting for the price to go back there so that I can at least get my investment back even though I cannot imagine for getting any returns. Back then the market was very good and the price of Hive stayed above 1 dollars for a very long time.
I with those days are back because this bear trend is been there for a very long time. It is not like I have lost hope on Hive but the fact is that I have exhausted my reserves already and have been buying a lot of Hive already expecting the price to go up. The bear trend is been there for a very long time and no good news yet. I understand that there are many people waiting like us to book profits if the price of Hive goes up. But I at least wish the price goes up and down at times. Stable market in 20 cents is not a great thing in my opinion.
Missing the Korean pumps
There used to be unusal trading happening in Korean exchanges where the price would go up and down because of that. It has been a while since we saw that too. I remember that there used to be a trend once where someone was pumping the market once a week. Today even that is not happening. I would be happy to see the market value go up at least once a month so that we can do some trading and be happy about it.
I'm not sure if this is the case for other similar cryptocurrencies or is just only for Hive. I notice that some other Graphene based blockchains are also seeing the same struggle. Hope some day the price recovers back and we get the motivation back on Hive.
What brings more motivation?
In my opinion, I think that if we have more active projects and new projects on Hive, the marketing would happen organically and it can bring a lot of new users to Hive. When more new members start exploring this platform, there is also a high chance that they might try and invest on Hive. We need more organic builders on Hive who believe on this platform and continue building here. There should also be some decent support from both inside and outside Hive. We have many bloggers here but in addition to that, this platform should transform into something else too and a safe zone for everyone. Let's see what the future brings for us.
A good buying opportunity
As I always say, it is a good buying opporunity for any long term Hive belivevers. People who are here for a very long time know that there are always ups and downs here and it is good to stick around and enjoy what this platform brings us.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
Vote @balaz as a Hive Witness
Vote @kanibot as a Hive Engine Witness
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