Last time HIVE went above $0,60
Hello!
I have a file where I track all my progress in this crypto journey. In this file I write monthly the price of HIVE, I also write how much HIVE I earn, how much HBD I earn if I have some stacked in savings plus other yields I may generate in other blockchains. For example, if I have a liquidity pool I also write the progress there monthly with the yield generated.
I use to update this file monthly, and I like to take a look at the patterns of the different cycles. Do you want to know what happened last time HIVE monthly close price was above $0,60?
A super bull period started that drove us to almost $3 in 3 months. What I did not remember is that we had plenty of time to sell HIVE above the $1 mark. In my memory it was a very short time frame, but the numbers don't lie. We had almost 5 months to sell HIVE at $1 or above. From November 2021 to March 2022. Good to know!
Will history repeat this cycle? I think so.
I would love to see HIVE above the psychological level of 1 dollar, and I know you all will love it too. We just need a monthly close candle above $0,60 and then the fireworks will start.
Stay safe out there!
Posted Using INLEO
Man you're right on time to give me more hopium!
I really was confused with "are we going to get enough time to take profits if it crossed $1"
Since it's first bull run in hive... it's all new, looked at chart and these couple of days strength in the market is quite impressive.
Hope we'll get super bullish trend on hive this time too!
Thanks for the support.
If history repeats itself we will have time to sell above $1.
I hope it repeats!
That value above the psychological level of 1 dollar, I think it will be reached soon, good for you that you keep that file of prices, not everyone has that discipline.
I also believe that once we reach the $1 price mark is going to push the price even further up to new highs.
Although, some say that this alt season is going to be an extended one, I still feel that we are on track to repeating history. And if it’s an extended one then that would be amazing. That would also mean there will be a good chance in retaining more users to the platform.
All the best for Hiveans!
In my opinion the rewards we get when Hive is above $1 are unsustainable if we don't have a large flood of new users buying Hive.
Have a great day my friend.
I heard this argument before and I agree with it because we still don’t have enough “sinks” that will encourage users to keep their tokens in the chain.
I’m hoping that projects like VSC, games, and SpendHBD will be able to help with that. More reasons for people to keep their HBD and use it to these projects.
Also hope that we develop a circular economy here within the chain.
Your approach to tracking this crypto journey is inspiring, disciplined, and insightful. May this journey take you and us to greater heights, and stay consistent with this great strategy!
This price tracking file is so good and now I've also got the idea to follow this. Inspiring idea 💡
Do it! it helps you track the progress.
Yes, I will
This means we can see hive above than $1, this is great sign 😀
I think by October, 2021 Hive was already at 3$, I might be wrong. I thought Hive has already passed 1$ in October 2021, I can't seem to remember
Yes, it was November 2021. You can look at the photo of the post and see that the number is 2,75$ at the end of the month.
Yeah, I didn't check the post preciously, I just checked. Wow.
Gah your coin shitposts are irresistable. I remember shovelling hard out the door around 1.8
we can do better imo, but the reason hive takes so long to fall is the HBD mechanism, the same thing that seems to be resisting the pumps now. we are charging the battery!
!pimp
Exactly! We are charging the battery. Selling some at $1,8 can be massive if you then buy lower when we reach $0,25 or so.
50,000 Hive can be converted to 360,000 if you make this 2 movements. Wow!
I remember Hive being quite solid between 1.2-1.5$ at some point during that time. People were hazardously saying 1$ is the new floor for Hive. Of course, bear market came, and that dream got shattered.