Treading water is when you keep your head above water by kicking your legs and moving your arms whilst remaining stationary. With the crypto markets experiencing a healthy correction it is the time to try to hold on to your current values or the values you had a few weeks ago. This is easier said than done however and the only way to not lose the ground is by growth. Who knows how long this will be or how bad or good as these are all out of our control and why focusing on growth is all you can control.
Around a two weeks ago my account value was fluctuating between $37K and $40K mark and now would need a good 20% growth just to get back to that dollar valuation. If this is what 2024 has in store for us then this is not such a bad thing really as we can get back to the $37K mark. Staying under the $0.30c mark is not really that bad if we are growing.
On Hive we are not like other investors as our stake is very much alive and interactive creating various methods of growth. The positive part of thinking in this way is when the prices do bounce back to what we had a few weeks ago you will no longer be seeing a $37K-$40k value, but one that is much higher. I would require around 10 000/12000 more Hive to achieve this currently which would then be worth another $4K when we start heading back to Hive at $0.36c.
This I find is another way of looking at your stake in a positive light whilst everyone else is depressed. There is nothing depressing about earning more crypto daily and we must always zoom out and look at the bigger picture in a bigger time frame.
Normally what happens now on Hive if the price goes any lower then many accounts go AWOL not thinking the effort is worth it. This is a big mistake and don't ever fall into this trap as 1 Hive is still 1 Hive whether it is $0.30c or $3. The way to earn more Hive is to forget the price by staying active growing your account daily. Price should only be considered if you are thinking of selling and now is not the time to be contemplating those thoughts.
On Hive our stake is put to work through our actions and why it cannot compare to other crypto projects that only offer staking. When we Hodl we are growing and will always have more growth than conventional staking platforms through multiple earning streams (posting, curation, delegation and APR) which is all compounded.
The last time I tried this treading water game was way back in 2021 and the growth over that period was seriously good and helps keep you focused. This is why counting the tokens and not the dollars always helps when the markets head South. Back then I had far less and was treading water hovering around $20K and eventually ended up being worth over $200K when we saw the all time highs appear later that year.