So it's always nice to see some positive BTC action, especially when one is sitting here on a mid weekday morning mildly hungover from a few bevvies the night before and not feeling very inspired because it's pissing down with rain outside and dark even though it's midday.
But this is nice...
Especially as one minute earlier it had been $67.4 !
And then the news sentiment looks good too....
I especially like the £16 trillion by 2030... that's BTC going 10 times I think, which would obviously be very nice. That's work quitting territory for anyone holding over 0.5 BTC!
I actually just sold $10 worth of BTC... I've been buying for most of the year, in the $50Ks, so offloading just before my early $70K target is OK, and makes me feel better on this rainy day...
And the alts...
These are what I really am waiting for to pump, I don't really want to offload my BTC, but the various alt coins I've got, excluding anything Hive related, I really want to offload a substantial chunk of these this time around, but I'd like to see a solid 2 times from what they are now before I start selling, and ATM they are limply clinging to BTC...
Obviously except for Hive...
I mean, come ON!
BTC goes siedways, up, sideways, UP.
Hive goes down, sideways, down, up, down.
In other words no real UP in there at all, rather back to where we were a few weeks ago!
Patience...
Now is defo NOT the time to be selling Hive, it may actually be a good time to pick up a few more before, hopefully, the alts have there time...
I mean that's what we are all hoping for, right....?
Although I am NOT anticipating a MASSIVE surge in the price of alts this time around, I think a lot of the BTC buying is 'buy and hold' BTC, but a portion will makes its way to some of the alt-coins and Hive is well-positioned for people to earn a yield, it's well established, after all!
Just don't ask me where this is going!
I mean anything can happen in the crypto sphere, my faith in Hive is just that - I like the product, I Vest in it, thinking that enough other people are gonna see the value to Vest themselves to result in my Vest going up in value.
Looking at all of the other cryptos in the top 500, there are VERY FEW that have anything like the legacy or functionality of Hive.
ETH, obviously, RUNE, and a few others, but Hive I think has even more value than any of them.
So I'm sticking with it and stacking, and NOT SELLING YET!
Anyway, here's hoping that we'll see at ATH this Uptober and then beyond into early 2025!
Posted Using InLeo Alpha
For me hive doesn’t need to be a normal pumping coin. It could live its entire life between .15 and .50 cents.
To me it’s about holding and accumulating HP and earning via content and curation.
To me it serves as a long play. There is so much suction in Hive, people seeking to skim their nickels with no intention of ever investing. Fair enough, I know in most the world times are tough and I appreciate some of the real economies that have popped up like in Venezuela. But this reality also makes it tough for hive to raise in price. (That and some bigger players siphoning ways).
I just think that if you get the nature of hive, buy when hive is in bear .20 cents or so ..to speed up accumulation, keep putting out real content in a sea of shit posts… then there is plenty of earning to be had… even if Hive is always flat price growth
Fair play, I'm with you - I've no intention of ever going below 100K HP, it's all about selling high and then, as you say, buying low, but mainly having an upward trajectory!
And always posting, that'll never stop!
I do hope to get to 100k some day!
Up the pamp! Looking forward to it as well. Wanna get rid of those alts
Patient now!
It's always nice to see some positive BTC action, especially when you've got a bit of a party headache and cotton mouth 😄 I still have a small bag of BTC and buying sats every month forever. I mostly hold $HIVE at the moment, so that's my main bag. Why? because I see the development going on and feel good about an ecosystem that is building Threads/Snaps/Waves, multiple front ends, a working DEX that soon to integrate @dashpay and other things.
I'm not in a rush to sell any $HIVE at the moment, just inching away towards Orcahood which should come early 2025. Like @buttcoins said, I wouldn't mind if $HIVE stayed between $0.20 and $0.50. You can earn quite a bit with those numbers and maybe convert to stables later down the line. I'm looking at 2030 before doing anything really.
Fair play, I'm with you on the long play, if I do sell anything it would only ever be 20% of my current stake anyways, into HBD mostly, and then wait until Hive is lower to buy back.
$0.20 to $0.50 would be fine by me too!
Good work
Yea, come on HIVE! You deserve much nore than this :)