It Dips More

Hey folks.

Hive for a few days has been struggling with low prices and today it has declined even more and is now pricing at $0.1742 on coinmarketcap as of now I am writing this. This is more than a 13% decline for a day according to coinmarketcap.

This is what the story on the chart from coinmarketcap tells:


Hive 1 Day Price Graph

A Sign of Worry?

Well, if you ask me about my take on the declining Hive prices, I would rather say I am okay with it, and it is for a reason. I am looking at Hive as a long-term investment opportunity. Yes, I might have worried if I was here for a shorter term just to make a few quick bucks and leave.

I guess everyone likes to make money but that is what I believe isn't the case with Hive. Yes, you might at times have collected some quick bucks but Hive to me is a place which ain't always about making quick money. It is more like a journey. I believe to get the best out of this platform is to take Hive as a marathon rather than taking it as a sprint.

I have been here on Hive for some time now and the thing I like the most is to Power up as much Hive as I can. This is something that not only affects your curation rewards but also adds to your influence on the platform.

That being said, these red lines ain't much of a worry to me and I would rather continue working on the platform and build my Hive portfolio.

With Hive, the price of Leo also has experienced a dip which again isn't a sign of worry as my main focus right now is building my portfolios on the platform.

Thanks

Not a financial advice.

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6 comments
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The dip is really dipping now but there is no reason to worry
If anyone has more money, it’s advisable to buy the dip

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