Hello friends of Hive, today, Friday, January 23rd, the price is still stagnant.
I won't lie: opening the exchange or checking my wallet balance today left me with a knot in my stomach. Seeing HIVE touch $0.09 is a reality check that not everyone is ready to process right away. After seeing it at much higher levels, seeing the price lose the ten-cent support creates a sense of uncertainty that can be felt in every corner of the community.
What's happening? Is this the end of what we've built? Honestly, I think we're far from that, but I completely understand those who are afraid today.
The crypto market is a rollercoaster that has no mercy on anyone's nerves. When everything is going up, everyone is a financial genius, and optimism abounds. But when the chart turns blood red and we drop to prices we haven't seen in years, that's when it's truly revealed who's here for the technology and who was just passing through because of the hype.
At $0.09, the narrative shifts. For many, it's time to throw in the towel. But if we look beyond the red candle, the Hive network remains the same (or even better) than when it cost a dollar. Transactions are still instant, we don't pay fees to move our money, and, most importantly, decentralized governance remains intact. The protocol hasn't broken; what has broken is market sentiment.
I ask myself: How many times have we wished we had a time machine to buy things cheaper? Well, the market has just given us that machine.
Powering up today yields three times the return it did a few months ago. Every vote we cast, every post we write, and every reward we curate has enormous growth potential if we have the patience to wait for the cycle to change. Because if the history of this blockchain has taught us anything (from the days of traumatic hard forks and name changes), it's that Hive is like a phoenix: it always finds a way back.
I'm not saying you should rush out and spend your life savings, because in crypto, nobody knows where the bottom will be. But I am saying it's time to stop checking the price every five minutes and start looking at the value. Hive is one of the few Web3 platforms that actually has real users, working applications, and a community base that isn't dependent on a central office.
My strategy right now is clear: stay calm. If I can add a little more Hive Power to these liquidation prices, I will. And if not, I'll stay here creating content and connecting with people, because at the end of the day, what gives this coin value is that we're here using it.