
Are we feeling positive?
Disclaimer: ( Positivity has no effect on market prices. Recent studies have shown that market positivity is the number one cause of market losses in crypto.)
I'm feeling positive.
I know, it's strange.
This time feels different. The time three years ago when the markets turned at xmas time we saw blood running in the street.
I only had a few thousand on paper after the bull run and panicked like the noob that i was. Everyone did and the markets tanked day after day.
It was all negativity and FUD. You couldn't log in without hearing another piece of news about the demise of crypto and i held all the way down. I'm happy that i did and kept up my activity in the meantime but it was a long bear market.
Little was happening outside of hive and most coins were still hold and hope for profits.
We were the lucky ones that had an incentive to turn up every day and keep building. We had so much more here than the other chains with web3 apps and games to make it fun even when the prices were down.
This time is different.
We can still hit a hard bear market but i don't think it will be as harsh as the last time.
There is big money waiting on the sidelines and stronger hands than three years ago.
There is a lot more potential than three years ago and every chain now has apps and games to suck up tokens.
We now have billions in DEFI which is a solid crypto sink for so many tokens.
Does it really matter if the price of the token halves when you are earning 100% APR and it will double in a year. If the prices comes back by then you will have double the value even after a harsh bear market.
The game is no longer hold and hope. It's go forth and multiply.
We have known that with years, but now its the standard message across the sector.
People have learned a lot from the past few years and the OG players won't jump out on a big loss.
They know that adoption is getting closer and closer which will steady the whole market.
Just look at Hive.
We saw the price jump to $3 and while we did drop back after a crazy run up. The price is still double it's base point and holding firm even after a hard week in the markets.
Why?
The community are positive.
We see how much building is going on.
We know that there are airdrops coming.
We expect far higher prices.
Even as the prices hit a rough patch I didn't check the markets once. I saw some posts on hive and twitter but to be honest I didn't care.
I have my holdings and even dropping 100k off my splinterlands accounts didn't make me bat an eyelid.
I know the long term value of the game and will be buying even more cards. It was a paper price that was over inflated and doesn't take away from the enjoyment of the game.
I'm still positive for hive as a whole and price isn't the most important part. This is still the building stage and we have a long way to go for top 100. But we will get there.
I'm sure of it.
Posted Using LeoFinance Beta