Welcome back,
I am trying my best to be active again like I use to be like last year. My last blog was published 24 days back. The Crypto Market has harmed the new investors as it always do and the new investors are feeling the pain of losing money like never before but those who have experienced the past few years or crypto bull and bear scenarios know that even tougher times will come once this bull run is over which is currently only favoring Bitcoin. I still have faith in most of the second tier currencies in which I have invested in and hive is one of them.
What we have seen in the respective shared chart from Coin Market Cap is the movement of hive price in the last one year. From July 2024 till now and we can see it clearly that hive red zone which I personally see as the buying zone is once again here for all of us and the only thing we can do best is to collect more of them for future. The Coin Market Cap is not sharing any professional technical analysis for charts and they have marked 0.2153 dollars as the frequency below which the red zone is shown. At the time when this post is being written the price of hive is less than 19 cents.
I am not going to wait though the price might fall further, I am buying hive using all my hive backed dollars. I converted my HBD for approx. 90 hive and this might be one of the lowest prices of hive we are seeing. If we head towards the price where hive was trading last month a 50% increment to current HBD value we just invested is very easy to achieve. In fact I can say that 3-4 times from here should easily be achieved by hive this year but that is not a financial advice and you should do what you feel is right.
If you have CCD tokens from Crypto Company you can stake then and earn HSBI. I also found that yesterday when I was going through some blogs and as I am following their account as I myself invested in CCD long back I saw their post and thought of sharing it here in my blog.
Thank You and Happy trading everyone.
