While the market is laying on a swing, Hive price tends to remain steady for the most part.
I was trying to see if there is any huge swing from now going back to May 6th. That day Hive was price at 78 cents. As you can see the market is decreasing including Hive. As a general statement if you purchase Hive during that time till now you may end up getting more if you follow Hive way of putting it to work.
I did a simple math by grabbing 9 days throughout the 90 days to sum up the total. I divide it by 9 to see what I get. I did not follow any rule for the days I pick. I come up with 54 cents for Hive for the duration of 90 days give and take. You may find another number. I think it will be close to what I find. 9 cents is the difference maker from the price today.
As always Hivers do not care about the price. The reason is clear. Hive is usually stable across the board. Hive will go up more than going down to misery. This is a beneficial aspect of Hive. The holders are strong giving the token a way to breathe during a period of calamity.
For this year alone it was January, February, March, April. It was sporadic giving the market tendency. Hive seems to operate on its own when you think about the market price.
The level of volatility in Hive is causing wonder. Yes Hive is not throttling at $5 but you can go to sleep knowing Hive will not drop to 5 cents in one day. I hope not. Due to 13 weeks for Hive power it put a cap on the price to fly away when you want to delegate or power down. When you get your curation or upvotes after 7 days, you get Hive power. This maybe annoying if you want it now but it has been like that since Hive inception so for now deal with it. I know you can request 100% or half and half with HBD. This way there will be no weird sliding in price unexpected. The holders are doing a job to keep the price within the line.
It serves as a protection for everyone.
Hive marketcap is low comparing to many other tokens in the market. I think it is a blessing in a double sword agenda. This could be the reason Hive price remains low. Sometimes it is good for a token to be in the middle. We want to attract more folks but we want them to be educated in #hive culture. Otherwise they will come thinking they can make a quick buck and quit the next week.
Hive is more like a social media where your attention is needed for a while.
Hive is like the spouse until death do us part. I have seen folks quit before. I guess they cannot take it anymore. Can you believe you give that much time and be part of the building and just walk away cause your ideas do not get along with others!
I am glad most Hivers do not get up everyday and look at price to make their posts.
It is all about getting better and build.
Actually the main attribute of Hive is to get more Hive the next day.
This is why Hivers love compounding.
This is the deal breaker for everyone.
Do you think Hive will go down this month to 25 cents?
If so what will you do?
Keep vesting in you.
Posted Using LeoFinance Beta
