Buy The HIVE Dip?

in LeoFinance19 days ago

The price of HIVE has been bouncing off that $0.10 wall for quite some time now. For those who constantly watch the charts, prices and sweat the ups and downs, this can be a stressful time. Others see a buying opportunity and are waiting to see if the price will drop more to maximize their purchase. I happen to be bullish on Hive, so I'm in the latter group hoping price will drop some more.

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Every crypto has its flaws in addition to its strengths. I believe if we had a truly perfect crypto, we wouldn't have so many altcoins on the market. Sure, some are created purely for pump and dump schemes, others are built to serve a specific use, but notice that even those built with specfic uses aren't perfect.

I believe Hive still has a lot to offer. Sure, the DHF spending needs to be curtailed and rewards abuse will always be an ongoing battle. I also believe HIVE needs more use cases to attract more than the people who want to create content for rewards. Despite all of that, where else can someone start with nothing, use their creativity, time, networking and perseverance to create and build a stake of HIVE? I've seen other crypto platforms try to mimic what Hive is, but none come close.

So, unlike most I'll be hoping the price dips a little more so I can increase my stake.

I think we can all agree Hive is still unique despite its issues. Rather than moan about the price, let's take a step back and ask ourselves, "What would people be willing to buy HIVE to spend on?" I think once we approach Hive from this frame of mind, we can build Hive up rather than become trapped in a defeatist mindset.

With that said, what do you think would help give HIVE more utility and give those outside Hive a reason to join and/or buy HIVE?


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I've been slowly swapping my HBD into Hive the last few weeks. A good a time as any at this point. I think I'll do a big power up to start the New Year! And I'll try to be more optimistic.
!PIZZA

Too soon my !LADY

We will be going much lower soon!
!PIZZA

Nice! I usually put half of whatever HBD I earn into savings and convert the rest so I can DCA. 🙂

!BBH
!PIZZA
!PIMP
!ALIVE

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I have been buying more Hive since it is below $0.2,
hopefully on the next cycle it will pay off. ;0
!PIZZA !LUV !LOLZ

No more cycles. Hive crashed in the “Bull” cycle. Why would u think we would participate next time?

Who knows there will be someone wwith a lot of money and fame come and make news about Hive.
Maybe we can be the new Doge? pumped hard,a nd then come back down to earth.
hahah
I still have faith, maybe at least be back to $1 in the future.
!PIZZA !LOLZ !LUV

Hopefully so! I think we also need to look at creating more use cases for Hive on top of content creation if we want to attract more people.

!BBH
!PIZZA
!ALIVE

What do you think will be the use case? that will be interestingif we can come up with that.
!PIZZA !LUV !LOLZ

With how fast the chain is it could be for transactions, verification or other things that need to be confirmed quickly without having to wait hours for blocks to resolve.

The interesting thing is that when someone thinks this is the "real bottom" and needs to buy more, the coin breaks through another bottom. Treacherously.

I wouldn't be surprised if it fell lower. It's been trying to do it for some time now. Only time will tell.

!BBH
!PIZZA
!ALIVE

Very true. .10 has been predicted correctly as strong support, it has been. But it is not the bottom. The bottom is going to get ugly the next 24 months. But I’m just the guy said .10 was coming 100% in 2025 when we were at .60 cents in January and I sold half my HP above .45, so don’t listen 2 me 😂 !PIZZA

I've been doing some conversions myself lately. I need to build my liquid back up so I can move it into HBD if we see a pump.

Yeah, I'm low since I've been giving away HSBI this month. It'll be nice to have a good stash built up again.

!BBH
!PIZZA
!ALIVE
!DUO


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I need the price of LEO to come up again so I can have some extra funds to play around with for HSBI.