All Good Things....
You all know the saying: All good things come to those who wait!
Well, it would seem that Hive is no exception. I don't know if it is one thing in particular, or just simply all of the amazing things that are happening with Hive right now that drove it up over $3.00.
The thing that struck me the most was that as I observed my watchlist on coinmarketcap over the last few days, almost everything was in double digit red, while Hive continued to build in the green; all triple digits. Absolutely incredible!
I have had a lot of ups and down with Hive and have not always projected palpable optimism. Don't get me wrong, I've never for a moment believed that this project doesn't deserve to be sitting comfortably in the top 10. In fact, it was mostly my frustration that other people could not see just how much we have to offer.
Let's Be Honest!
If we are being truthful with ourselves, the quality of a blockchain and team backing it often correlates very little with the value of its cryptocurrency. (I'm looking at you dog meme coins)
I've made the mistake in the past of trying to chase around the short term gains of the plethora of shit coins out there. This is pretty much analogous to going into a casino and dumping all your cash on the table on some horrible bet. I mean, there is a chance you'll walk away rich and be able to walk around pretending to be clever; doing tours talking about how trading is done. But odds are you'll end up in a pile on your desk completely rekd.
I've made a lot of mistakes in the crypto universe, but the one that I kick myself the most for the the one where I went against my own best judgement. You see, I bought a LOT of Enjin coin during the ICO. And the I bought a lot more. And I kept on buying. The more I read, the more excited I became. After the ICO I bought some more and got my average price well under a penny each.
I watched the price rise up to around 50 cents and I was counting up the Lambos, as they say. Then I watched the price trickle back down to a penny over the course of a year. Meanwhile, I watched some other projects explode. Projects that I thought were bullshit. I started getting angrier and angrier. Deep in my heart I intuited that Enjin was a strong project, but my emotions overwhelmed me. I couldn't just leave it alone! I had to chase those short term gains.
So I sold all but like 18 ENJ; it was an accident, I meant to send them all. Most it ended up lost in bad trades, and some ended up as Steem tokens which eventually turned into Hive.
The point is, had I gone with my instinct - what I believed in; I'd be sitting as a top Enjin coin holder currently at around $4 each.
Back to Hive
That brings me back home. No other crypto that I've invested in has been so underrated and undervalued as Hive. For years I've watched the Hive ecosystem grow and grow, yet drop further and further down in the obscure depths of market cap charts.
Yet somehow I never gave in and dumped my coins. I have that same feeling about Hive that I had about Enjin, but it is even stronger. I don't know what it is, the fee-less transactions? The friends that I've made? The amazing things that have arisen out of it like Splinterlands and Leo? Who knows. All I know is that I'm in it for the long haul.
Congrats Hive on the all time high. Now come on, $10 and beyond!
It's actually a thing of joy to watch those digits grow higher and higher and anyone that was underrating hive should wait for it. There are more transformations to come.
Yeah, it is definitely a breath of fresh air. It's hard to watch Hive getting lost in the noise sometimes. Great times are ahead!
We're so looking forward to seeing those great times and more.
What HIVE has been doing this week was amazing, simply amazing! Lol
Still, there was a huge pump regarding all "social-blockchains" (STEEM went a bit up too) and then, the famous metaverse-related coins. I'll also be on the lookout for ENJ again! I sold when it was 3.5 to buy some more DOT... should have waited!!
Very true, but still it was nice to see Hive be such a big mover even amongst some of the more popular tokens. This is a good sign in my opinion.
I totally get you on the Enjin story. I believe most of us have gone through something similar. It's not that easy to make tons of money in crypto. One definitely needs vision, patience and discipline. I've had some ENJ at some point as well, it was $0.16 I guess and now it's $4... With I've done the same mistake...
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I think I took it so hard simply because I believed in it so much, but let my own self down by giving up too soon. Heck, it was nearly impossible for me to take a loss on Enj being that I bought 100s of thousands of them under a penny. I should have just forgotten about them and I'd be retiring right now. lol. Oh well, I am sure a lot of people are singing that same song.
Hive really is a tough one because no matter how much you own and how high the price goes, you usually always have it staked, so it isn't accessible anyway and even if you wanted to, you probably wouldn't because why give up that chance of earning passive income! That stinks about Enjin. I wish that would have worked out better for you.
Hahah! I know man. That is so true. But if I'm being honest, the fact that my Hive is locked up has actually contributed to me not selling it off during one of my bad mood spells. There has been a few times that I have clicked the power down button, then turned it off like 2 days later. It is sort of like filling your shopping cart with expensive stuff, then dumping it out before leaving the store I guess.
That has been a really hard pill to swallow. I've never owned any other coin that I got 100s of thousands of for a fraction of a cent. And then sold them like a dummy. Hive would have to reach unimaginable levels in order for my stake to be worth what my ENJ would be worth now had I kept it. But hey, life gives hard lessons - and mine was to trust my instincts, not my emotions.
I totally understand what you are saying!
Sincerely speaking I have been able to learn my lessons,especially when hive is high now, I have not take enough time to observe and take my time for the long term goal, but I can understand it is due to the situation of things in my country and for a poor man without no job struggling with life and to make sure there is food on the table for the family I have to make use of the fund I generated from hive to settle some of the daily needs not knowing when and time the fund will be more valuable, now I understand how it works and I need to be more observant one sensitive, I am not regretting all am able to do with the little fund of mine, but I could have made alot more if I had taken my time, am happy I found this opportunity and the people that I have around me especially @nuthman my dear friend God bless you man stay safe and have a wonderful day
You have good feelings it's very nice to Leave in this nature
And this is a good lesson in our life WE must Always try
WE must alwys try to live
WE start thé challenge very early
WE learn from childrens
Try a gain
Be careful and try a gain
If WE insist WE will success
!PIZZA
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