Independent Slide

It wasn't too long ago I was praising the Hive token for upward movement regardless of how the remaining Alts were faring. At a point we hit the $.40 mark and some of us were starting to raise eyebrows and get a little hopeful. What has happened since hasn't been very encouraging though. From that high we've witnessed a significant slide in the space of a few days and now appear around the $.25 mark. This is interesting.

While we don't want this kind of massive slides to occur which signifies that there is a huge/massive dump somewhere, I can't help but wonder if such movements aren't necessary. Of course we can always make the argument that a massive slide doesn't help us, and we'll be better off moving along with everyone else. Yet I think that Hive has never really been cut out to move along with the general crowd. What happens is that we'll probably be independent movers till we become known.

Of course the majority of older Hivers who have witnessed multiple slides are probably fed up by now and want to see massive action in the other direction. Yet a massive pump or slide either way the opportunities are still there. Low prices mean more chance to accumulate tokens at a cheap rate while high prices obviously means more value for our money. It is a delicate balancing act that needs both the best of highs and lows to reap the benefits. Unfortunately things are been way more skewed in favour of low points but I believe that changes eventually.