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RE: Daily Crypto Markets Live Blog: Hive Holding Above 80 Cents (09/5/21)

in LeoFinance3 years ago


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It's about 11:15pm in New York. At this time HIVE is at 0.761 and LEO is at 0.321. For comparison, BAT is at 0.92 and DOGE is at 0.29. All quotes are in USD.

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I must be one of the early birds. At 6:30AM on the east coast, Leo is down a bit, but HIVE is still holding the same level. Let's hope it keeps going up over the next week.

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We wait impatiently to see but I believe

6:30 AM on a Sunday
You're a trooper! hehe

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Watching the pricing from hour to hour can drive one to the nut house. LOL

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i would rather let the market do what it does while I force on other things. This is why I cannot be a daytrader.

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Same here. I don't think I could do that.

I prefer the HODL mindset

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Well it's similar for me. I'd rather just set alerts and let it tell me when the price is a certain value to check the chart.

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Watching prices every hour will drive people insane...I don't really feel like doing it either.

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Well let's hope so. I still think HIVE deserves to be priced higher due to the developments happening here.

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And it is now 10:!2 AM in the east, and all that changed somewhere. LOL

Prices will do what they do.

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It's about 8 PM in New Delhi. At this time HIVE is at 0.762 and LEO is at 0.299. For comparison, BAT is at 0.967 and DOGE is at 0.304. All quotes are in USD.

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What you think about shiba some idea?

Not touching it, it's not for me

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I'd avoid SHIBA. All meme coins tend to be avoided by me.

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Well I accept the opinion but who knows? Maybe in a while it disappears or maybe it makes a lot of people millionaires.

At this point in time, Dogecoin is the "self-made money" which moved to the old-money neighborhood. It's the Al Czervik of old-time cryptos joining the country club run by Bitcoin, Litecoin, and Ethereum.


Scene from CADDYSHACK(1980)
Guess which one represents Dogecoin
(Image Source: imdb.com)

However, the 140-plus Dogecoin imitators are essentially speculation vehicles and risky in relation to other major market cap leaders. Use lottery money on those (including Shiba Inu).

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So you don't believe in shiba?

It's not that I don't believe in Shiba Inu period. It's that I don't see it as a long-term asset to hold. With 140+ imitators of Dogecoin (Shiba Inu being one of them), nearly all exist just to capitalize of the popularity of Dogecoin. Among that 140+ group, though, Shiba Inu looks like a strong contender. There's even a Guide for it on the @crypto-guides page.

Would I put more than USD 1,000 into SHIB? I wouldn't do that. Would I buy USD 100 of SHIB? I can do that without a problem.

Dogecoin has crossed over from joke coin to "new money" which began as a joke coin. This is why I bought a couple hundred dollars' worth of DOGE some weeks ago. (The exchange I use also has few listings but DOGE is one of them.)

I'm OK with people buying SHIB if they do their own research. I'm OK with people buying SHIB if they do it as a short-term play to take profits quickly. I'm even OK with people buying SHIB to HODL. It's just not a crypto asset where I want my money (the little I have).

I'm not a fan, but I'm not a hater. I just have different preferences. In this world, it takes all kinds. If SHIB helps you buy that yacht from The Wolf of Wall Street, God bless you, you earned it!

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Yes I also have my reservations about shiba. Anything can happen, let's see the future.

Thats somewhat what I believe as well.. I would throw more than 20 bucks maybe... but most of the times I just stay away completely

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