Feeling Quite Hopeful This Weekend
It’s another week in the bear market, for the past two years I have only watched the value of my portfolio decline overtime. While watching it decline over time, the best we can do is keep acquiring and hope the bull market gets here soon. I miss the daily feeling of checking my portfolios and seeing huge green increase. Those moments made me feel like the luckiest person in the world. I have wished and hoped countless times that the value of Hive would remain as $1 as the bear market price. This way I won’t feel that bad as Hive is my most valuable asset. Looked back at the price of other crypto assets and I can say, we have had a good crypto run so far. Though I was quite hopeful that if ripple wins the SEC lawsuit the price of XRP will greatly increase, but I was disappointed.
Ripple did win the lawsuit few months ago, XRP price pumped but it pumped about 80%, that was just for some few hours. This must have been due to excitement from the community and FOMO, so a lot of people longed it, but after few hours and days, the price of XRP came back to the value it was. I was disappointing because I had higher expectations for XRP. After the incident I had to remove all expectations I had on XRP and redirect it to Hive. Well, it’s not like I had any other choice, BNB has been below $300 since Binance got numerous attacks from SEC, so I can’t place my expectations there.
Hive right now is the best asset to invest in this bear market. Because, compared to other crypto assets, with Hive you make more Hive by curating other posts through upvoting. You stake your Hive and curate, you earn about 8 - 10% APR from curating and extra 3.05% for staking. This gives you roughly 11 - 13% APR on your Hive investment and don’t forget that this auto compounds since you get your rewards automatically staked. But as a greedy human, I want more, this means I want to see the value of Hive increase.
Few weeks ago when the value of Hive was at $0.388 I thought it was too low until it went below $0.3 and I appreciated the $0.388 it previously was. Today I was super excited when the value of Hive got to $0.318, been a while I saw such green pump. This got me really hopeful for the weekend and the upcoming week.
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