Markets are all about supply and demand, that's really the gist of it. People overcomplicate everything which causes a bunch of noise. I have posted and made videos about the fact that the market is neutral, it's not out to get anyone, it just flows, so we have to flow with it. As long as the fundamentals are still in place, it doesn't matter what the price is. The problem is this industry is all about number-go-up. The problem with Hive is there are too many sellers vs buyers and that's why the price drops. The Hive markets are not very liquid at all on exchanges which causes issues as well when a big holder or a few holders decide to sell on Binance.
There may be too many sellers because they acquired that HIVE too easily, by posting a picture of their lunch or something. Fortunately, Inflation is reduced by 0.01% every 8.68 days, so it's slowly, but surely becoming more scarce.
Should the inflation rate be reduces faster? I think so.
Never change the inflation rate. That causes a loss of credibility. If you can adjust it down, you can adjust it up.
Yeah. It is amazing how many think the market is out to get them. They make it personal.
The market doesnt even know you exist, let alone care about you.
That said, it is shark infested waters. There are pros who are very adept at trading and are perfectly willing to take people's money when they get emotional.
Oh for sure. I know I have been in that kind of mindset before, but really it was just me making stupid decisions. I go by the data and stopped trading on feelings. That is why I built my custom indicator.
Feelings are the enemy in the markets.
Like Dragnet, just the facts.