RE: Are you on HIVE to Invest or to Milk the Cash Cow?
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I can understand some cash outs but yes I do agree that their are a lot of milkers out there which is not helping the price at all. There was and still is to some extent so much negative pressure on the tokens price it was kind of crazy. We also have seen that hive has mainly been a promoted platform of come post here and get paid for it in a vast majority of it's marketing efforts so of course that's what you now have. I'm hoping this mentality can change but it has to come from the community as a whole.
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It's always about the money, it's the same for me.., I am not going to say I do it solely because I enjoy posting here. If there was no tokens, I would not be here.
We need more people who are willing to invest. It's as stable as any other crypto and I have seen it lower in value that the current price. Expectation is the killer, people want it NOW, without doing anything.
agreed I do it for the money as well but I do a balance of it all which supports the blockchain as well. Rest of this year and rolling into 2025 should be an interesting one.
I'm also leaning more and more towards layer two tokens on hive which have revenue streams behind them even if it's just ads which should further improve the price values and help offset the bleed that's been happening. The money has to come from somewhere. But as an investor on the outside looking in you're only going to see extraction of money and nothing to really replace it at the moment.