The bullish cycle is about to end and enter the accumulation phase. Many “gurus” recommend selling your cryptos. However, the accumulation period is the most important time to get more cryptos.
Many cryptos are not aligned with BTC, as is the case with Hive, whose price depends more on its structure than on whether BTC goes up or down in price. The Hive blockchain can continue over time and withstand crashes, thanks to its system, and if it manages to maintain a solid community, that would be great.
Unlike other altcoins that are purely speculative, Hive is backed by a relatively stable ecosystem, with some dapps and a large community. I won't go into too much detail because I'm not an expert. But I think this project has the potential to move forward.
I wanted to add a little value to my Hive Power, that way I could have a little more stable (KE) and also increase my voting power a little.
It's crazy to do this process from Venezuela. 10$ Venezuelan bolivars are less than 6$ USDT. Explaining this would be a bit complex to understand, but let's say there are two exchange rates, an official one (which no one follows, or if they do, it's with inflated prices) and a parallel one, which is the one most people take into account when buying and selling currencies.
So, of the $10 I decided to put into my Hive wallet, approximately $5.4 arrived, taking into account the fees charged by exchanges and ATMs for these transactions. Below are some screenshots of the process. But I'm delighted to be able to do my bit to take advantage of this accumulation period.
PS: The cumulative period may not be so far-fetched given all the ETFs that have entered the race. (Of course, this is all speculation), but it is worth bearing in mind as useful information.
