This has been a very weird last 6 months in the crypto market with the cycle not following or mirroring what has happened previously. Many crypto investors have been in a state of shock seeing how much the market has dipped and it seems like it is going to continue to dip and be volatile for the months ahead. The ones in shock are those that dreamed of sipping Margaritas on an exotic beach watching the sunset. This period in the market is actually rather pleasant as it is like someone has magically switched off the fake crypto influencers and the price is to thank for that.
The good news is every crypto is in the same boat so this is not a HIVE problem and the only crypto that has been on the slide for the last 53 months. HIVE hitting $3.41 back in November of 2021 no one could have expected to see a sub $0.06c 53 months later. The only thing you can do is smile and work a way of growing your bags so you come out holding more value when the markets turn and they will at some point.
For those of us who are not trading and have been focusing on accumulating via earning rewards through staking this is an unexpected opportunity to grow the bags even more. This cycle being broken from the norm has to be seen as a bit of luck and should be welcomed with open arms and not negativity.
Everyday I feel blessed having got involved in crypto when I did and the knowledge I have learned over the years. The knowledge we possess removes any type of worry and allows us to think positively looking forward and not back wards.
When you are growing your bags each and every day there is something to look forward to as every day you have more coins. Those of us that stake are not sitting on an exchange waiting for a trade that may or may not happen and know roughly how many coins are being earned each day. This is a powerful and at the same time a fun way to grow ones portfolio without any risk.
Last night I noticed my HIVE Vote value reached 8.92 HIVE which is up from 8.8 HIVE 15 days ago. This does not sound like a huge difference, but that extra 0.12 HIVE multiplied by 10 votes equates to an extra 1.2 HIVE daily shared between those I curate and my own account. That is worth an extra 219 HIVE per year which highlights growth is happening and this is being unlocked through consistency. The aim is to reach a 9.0 HIVE vote next followed by a 10 HIVE vote value later in the year which has been a target set many years ago.
Staying active when prices are low is far more rewarding than at other times when the markets are flying and for some reason many do not see the opportunity. Less activity on chain means you have more chance to be recognised and possibly pick up some extra followers.
HIVE is very difficult to grow when starting out and it was one of my toughest challenges I have ever embarked on. Over the years the fastest growth I have ever experienced was when the HIVE price was low like it is currently. Instead of doing less because you think there is no value you should be doing more.
1 HIVE is still 1 HIVE whether the price is $0.06c or $2 so earning and stacking HIVE should be the priority right now as selling HIVE now would be stupid. Why would this even be an option knowing we are literally 57 x down from the ATH. Yes this is kind of scary when you face the facts and shows how cruel a Bear market is and why these periods are a test for everyone. Passing this test is easy and that is by carrying on as normal growing and accumulating each and every day and think of nothing else.