Crypto generally is this way right now. Not just HIVE.
I think on HIVE we just feel it more because we have the communication element.
People are mad about alt season. I get it. But I am not going to let one event not happening define my life.
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It's a shame to still see many people viewing Hive merely as a "money-making" project. I think money will always be an important factor (that's why numbers matter so much), but the price of the Hive is in its value.
Perhaps, one day people will understand this once and for all.
I think people forgot what crypto is for. At some point in the last few years people started using it to try to get fiat rich.
Getting fiat rich is the complete opposite of crypto in the first place. The whole point of crypto was to get away from fiat, not rotate back into it.
That's the perfect mindset about this topic. We still have a long way to go before everyone understands this.
HIVE is basically still in its early mining phase. Early btc and eth miners did sell most of what they mined.
As the rewards go down, some people exit while the people who care about the potential HOLD and stay. Seems historically consistent to what happened to btc and eth.
I've been on this journey for a little bit over eight years now, and I know very well the value of HODL. 😅
For me... The main value isn't in the price only, but in the project's potential.
The future value of HIVE is very speculative. Is it worth 10 cents? Maybe? Could be more could. Could be less. But that is the bet!
I think more people need to be okay with the uncertainty. It is just a part of the investing game most of the time.
Playing this game expecting consistency is a waste of time.
Just like that.