Hold Your Hive and Enjoy the Ride

It seems as though the crypto market has set a new standard. We won't be leaving these positions between $28k to $34k for Bitcoin, so Hive will likely remain around $0.48 - $0.6, respectively. If people are active on hive and using HBD to purchase more Hive, then Hive's value can grow quite well. In my opinion, Hive looks pretty good for me and Litecoin.

Hive has gained more rank positions according to coinmarketcap and coingecko. Hovering around rank 200 a few weeks ago, Hive was able to turn around gaining positions during the recent crypto downturn. Today, Hive is ranked 185th out of thousands of different cryptos by market capitalization. I've stated this once before, but it's very obvious that Hive is undervalued. The crypto dump with Luna really screwed with the market and peoples trust in cryptocurrency.

These troubling times will have negative effects on crypto prices for the next few months, maybe it will have residual effects years from now. We shall see where the crypto market goes, I'm going to be holding hive while accumulating more LTC and Doge (maybe some matic and BCH too).