It happened, HIVE hit a new ATH of $1,04, and who knows, with the current trend we could quickly end up much higher than this. While I think we still have a long way to go, and an amazing time ahead of us, I think it's a good opportunity to congratulate everyone who has been persistent over the last couple of months and consistently published new content, worked on their dApps, or contributed to Hive's development!
Additionally, it's a good opportunity to remind everyone of something very simple, yet often forgotten. I'm talking about the fact that all the HIVE earned and held during the past few months are worth whatever they're worth today, not what they were worth at the time you earned them. In other words, those $10-15 posts people made when the price was closer to 11-14$ paid off a lot more today than what the post rewards will display, assuming one bought and powered up HIVE with the post rewards.
Here's how I would illustrate it below:
The displayed $ value of posts may go up and down, but the HIVE rewards are whatever they are the moment you sell.
Price only matters when you sell
It’s not rare to see that the number of active users and the amount of engagement go down in a bear market as people don’t feel as motivated to publish new content and comment on other people's posts.
I hope this can serve as a reminder to everyone that while the $ values displayed on a post may be low, the HIVE value is still the same. In fact, your posts earlier were likely worth more in today's dollar value than they are today because fewer people were competing for the same upvotes, and stakeholders may have been more likely to place larger upvotes because the value still seemed reasonable.
As I’ve written before, Price only matters when you sell. So to those of you who stayed consistent and persistent, congratulations! You really do deserve this!
Keep on #buidling
I’ve started to use a new term that I've coined called "building" to refer to those of us to keep on building things regardless of price movements. When prices are low, it can be easy to lose motivation and consider abandoning one's project. When prices go high, it can be easy to become distracted by the high price, get lost in thought about what color(s) the new Tesla(s) should have, or consider selling out and leaving.
Buidlers, however, keep on building without considering selling and leaving, because they believe in what they do for the long term. Like Hodlers. This is an attitude and mindset here on Hive that I find in many of the project and community owners that I believe represents a great strength, and its why I’ve said that our resilience could be our best selling point. Those of you who kept consistent with your posting the past year are also Hive buidlers in my eyes, and I want to thank you for it.
So hopefully, this bull run has given you all some new energy and desire to help buidl more and more so that we can both maintain this price level and also go much further.
As I've said many times this past week, the best is yet to come.
Fredrik