My Strategy in The Plummeting Hive Prices


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Hey folks.

You may have noticed the prices of Bitcoin and most of the other cryptos out there in the market plummeting down along with the prices of Hive. To some this could be panicking but I believe id you are a long term hodler then these price swings shouldn't be a issue to you as this is something the crypto market has been experiencing time to time.

Myself being a Hive user and having some Hive portfolio, these low prices are not much of a concern to me as I still believe Hive needs some more time to grow and thrive. Till then, my strategy is to collect as more Hive as I can and grow my Hive portfolio.

Glad to be collecting Hive, HBD alongwith other layer2 tokens like Leo while sharing content and curating. This is the reason I have been trying to stay as consistent as I could in sharing content on Hive and get paid for it.

So, I believe seeing the prices of Hive plummeting, it shouldn't be a matter of much concern for you rather it may be seen as an opportunity for collecting some cheap Hive.

I know it might be hard for those relying on Hive earnings to meet their expenses but I believe for them, they may try working more so that they may add more to their earnings and not drain their Hive portfolios while it's pricing low. These are the times to stay patient and find ways in increasing their rewards so that it may not affect their Hive portfolios.

What are your thoughts on this?

Hive: @haveyoursay
X: www.x.com/newsintercept
Website: www.newsintercept.com

Posted Using InLeo Alpha



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2 comments
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As long as development is still coming along and the projects are managed well I’d say it’s smart to buy. I get worried when front ends close shop or get really lazy about fixing bugs, not when the price drops.

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Greetings @haveyoursay ,

Indeed....appreciated hearing your thoughts.. makes sense..certainly in the big picture of things...Most tokens are down atm.

Cheers!

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