Hive-engine experiment. The crashes have begun.

in LeoFinance13 hours ago

This was a disastrous week for my Hive-engine pool investment experiment. After outperforming the market for the past few weeks, the investments finally succumbed. Several factors contributed, such as the decommissioning of BRO, which affected other tokens and, above all, confidence. But the main culprit was the continuous decline of Hive, which seems endless. Well, it does have an end, but I hope we don't reach that point.

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LEO and CENT haven't performed too badly compared to other tokens or the market in general, but they've still dropped considerably. I've noticed that many people have withdrawn their cash, which has increased some returns despite the decline in the reward tokens.

I'm not entirely sure why, but perhaps they want to take advantage of the lower price of Bitcoin now or simply hold onto cash, waiting for further price drops. Whatever the reason, these last two weeks have been terrible for the experiment. It is from these circumstances that one truly learns in order to progress in one's portfolio.