RE: Is Hive on the way back up?

avatar

You are viewing a single comment's thread:

I would be surprised if Hive is not also affected by the starting ALT rally. However, I'm not sure if we can reach similar heights as in 2017 with Steem. I think it was around 3 billion market cap, which was huge and from my perspective unhealthy. Currently, I don't see a wave of new users as was the case in 2017. Should the numbers change at this point (follow @penguinpablo for this), this could be an interesting price development. Let's wait and see.

In general, you will have chosen a good time to get started, as long as this project does not completely break down.

Posted Using LeoFinance Beta



0
0
0.000
4 comments
avatar
(Edited)

(follow @penguinpablo for this)

Thanks for the tip!

I think it was around 3 billion market cap, which was huge and from my perspective unhealthy.

I prefer a slow and steady growth :)

In general, you will have chosen a good time to get started, as long as this project does not completely break down.

I have been looking around and spreading my 'gains' over multiple projects already so I'm not betting on a single horse.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I have been looking around and spreading my 'gains' over multiple projects already so I'm not betting on a single horse.

This is just a personal thought: Be careful with that. I know there are many interesting or potential interesting projects out there... But I made the experience, that less is more. From some point on it will be hard to track projects progress and you will be more easily hitted by FOMO.

When I started in crypto I was betting on really many horses. Meanwhile I changed my mind about this. Im still going for diversity, but I chose my assets carefully.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I've invested just a small amount of money and at the moment only investing time to make it grow.
I divide the time over Hive, Leo and dCity. Every extra coin I somehow gather will be invested in one of these three.

Posted Using LeoFinance Beta

0
0
0.000
avatar

In any case courageous. Then I'll keep my fingers crossed that your calculation works out and that your motivation is not only to generate a corresponding return. This motivation evaporates quite quickly here and there when the winds turn.

Posted Using LeoFinance Beta

0
0
0.000