RE: $HIVE & $BTC Technical Analysis - 08.06.2025

avatar

You are viewing a single comment's thread:

I respect your opinion and disagree with it as well.

If you look back where things were 3 - 4 years ago, you can see the progress, unless you don't want to. Today we have one country that has BTC as national currency and several countries are working on regulating cryptocurrency and setting up a BTC reserve, we have a pro crypto president in the US, just to name a few of the changes in this regard.

Unfortunately fiat has been weaponized a long time and the recent wars have proven a currency that is not controlled by anyone is needed for many reasons.

If you look at the BTC chart, you can see, you could double, triple your investment if played right, but this is not enough it seems.

People are upset and disappointed because they want 100x right away if possible and jumping on every shitcoin hoping to be the chance of their life and lose it all. Cycles have changed, markets are not the same anymore, so one needs to adapt.

Having unrealistic expectations is everyone's right, but then when reality kicks in, it hurts. These are the people who don't realize the buying power of their national currency is half at best, compared to what it used to be 3 - 4 years ago and a lot of economies are close to collapsing but it seems to be normal for them.

There's plenty of fresh blood and it's coming, but it's not good to happen overnight. The smallest the country, the more chance for changing things quickly, but some countries are hopeless.

Some countries led by the same dictators for decades are in middle ages from economical and social point of view and instead of trying to lead the country in the right direction, they are heading back to the stone age, suppressing freedom, exercising excessive control and so on.

As about Hive, that's a different story for a different day. I don't agree with many things and see huge amounts wasted continuously, but it is what it is. We support the projects we believe on and don't support the others.

hive-167922
0
0
0.000
4 comments
avatar

I agree with everything you say, but it's all right if you have Bitcoin. But this is not applicable to altcoins, and almost everyone is planted in them now and new people will not come until those who are now suffering losses begin to make a profit. This is my vision of everything that has happened on the crypto market for the 8 years that I have been following it. The fact that everyone was deceived is logical, since everyone followed the previous scenario, but the market is insidious. I think those who have nerves of steel and have a vision of the further development of the situation will benefit from their investments in any case!
!BEER

0
0
0.000
Reply
avatar

The problem with alts is that it is know you can make way more with alts, than with BTC or ETH for that matter, but that's only in theory. Most of the alts won't survive because there's no use case, no solid project behind them. Then comes manipulation at the highest level. Influencers are using their name/fame to create tokens and people are buying whatever 💩 shows up, hoping to make 100x asap. Scammers are launching tokens with famous people's name, for the obvious reasons.

Investing in alts is easy, but without knowing the project behind them, it's just sheer gambling and you may as well go to the casino and play roulette as there, at least you have 50% chance to win. Even knowing the project behind the token is not a guarantee for anything as the team still has to deliver and the road to success is really bumpy.

This is why I said you could double, triple or 5x your investment, if you play it right. There's also a rule about how much to invest in what, but hopium blinds people and it's going to get even worse as the trend is to try to catch the newest meme coin that gives you 100x in 2 days, but to catch one, you need to endlessly try and you may lose all your money before you find one, IF you find one.

Crypto's future is an unknown territory. BTC has made a new ATH, even 2 and everyone is waiting for ET to run, so then alt season can begin, but as I said, cycles are not like they used to be and this cycle is proof of that.

0
0
0.000
Reply
avatar

Yes, I understand. And I don't believe in the scenario that ETH will start growing and then altcoins. I think that we will be surprised again and everything will not go according to the scenario. But you can try to unravel the manipulator's plan and act against the crowd. I never had a goal to get rich on the crypto market, it's just my hobby. But the more I observe, the more I come to the conclusion that everything that is not Bitcoin is garbage! Hive is an exception to this rule. Hive is more than a coin, it is a community. And I'm glad that I joined in January 2019. There is a long way ahead, but thanks to many wonderful people here, I am sure that we will grow and there will be many more of us!

0
0
0.000
Reply