Sometimes when it feels like the whole world has gone to hell, I like to take a step back to gain perspective. Right now, there's a general sad feeling in the air, so this is a good time to look into the past, hopefully, we'll be able to predict the future.
The chart above is a one year plot of Hive. If we're to take things directly, Hive is in a much better place than it was one year ago.
Looking at this chart could fill you with rage, or make you excited for the future. As is said on numerous occasions, happiness is a choice and all it takes is a healthy perspective.
According to the chart above though, around this time last year, hive was trading at about 14 cents. Today it's trading at 76 cents, so in essence, we're 5.4X better than we were.
The crypto market is very volatile, and that's something we tend to forget at times. So, it might suck for you right now, if you entered the market when the price was higher than it is now.
However, what you have to note is that just like Hive pushed 5.4X in the past year, it is also possible to have a similar trend in a year's time.
It's a marathon
Keep in mind that your crypto journey is a marathon and not a sprint. So, there will be ups and downs but slow and steady always wins the race.
There's always cause for concern when an asset you're holding drops in value against another. However, you also have to keep in mind that if your fundamentals are strong, you'll always bounce back.
As far as fundamentals go, Hive is up there with the best of them. It has a strong community, awesome devs and amazing technology that will move with the times. This means that the value of the asset or product is still very much intact.
As long as the fundamentals remain solid, you can rest assured that there will be a brighter day tomorrow. In fact, moments like this give us some time to take a step back, dig deep and focus on building.
In other words, this is the time to double up your grind and make the most of the dip. This is particularly the case on Hive where inflation has a strong influence on activities.
Capitalizing
I posted a tweet earlier that talked about how these periods are the best time to publish on Hive.
It is ironic because these are also the moments when many people tend to jump ship.
I can't blame anybody for deciding to leave when they do. Everybody has their reasons but I know for sure that whoever left because of price action didn't check the chart at the top of the screen.
I know I said happiness is a choice but sometimes, you don't even have to be happy about anything. Sometimes, you just need to look at the situation the way it is and work with the variables in front of you.
Right now, the variables are telling me that more Hive will be printed to the brave. The variables are also telling me that in a year time, Hive could be over $3 after dumping from $12 and I'll probably be making a similar publication discussing this same topic.
We can post all the panic memes and "crypto is going to zero" memes all we want. Even I do it for fun but I sure as hell don't believe it.
In reality, I remember what happens. At this point, Hive related stuff is pretty much second nature to me, so I don't panic.
This is not the time to worry or to make rash decisions. This is the time to build and diversify your portfolio into any investment angle that suits you.
I already bought some Leo today, and I'll add some Splinterlands credits to that. I'll use that to buy packs and then get monsters that will upgrade my deck.
I'm not worried, I'm building for the future. If you're not doing that here, then I don't know why you're here in the first place.
Contact & Support
- Discord: belemo#9593
- Twitter: https://twitter.com/belemo__
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