It seems that $HIVE has been lying low recently in terms of price movement, and it's not exactly mirroring what $BTC is doing at the moment. However, I believe this is just a temporary phase, as Hive has a tendency to experience random price pumps from time to time. Sometimes, these pumps start to feel predictable until they suddenly change direction, as we’ve seen in recent weeks.
Regardless of Hive's price movement, will it influence your level of activity on the platform?
AI image generated using PeakD's Flux Schnell (BFL) x4
Some say the platform has seasonal users who only post during periods when Hive’s price is performing well, then go on a break during the low-price days. While there’s nothing inherently wrong with that—we are free to use the platform whenever we want—I think there’s a better approach. Personally, I’d recommend being more active when Hive’s price is low, as this is when the most dedicated curators and supporters are actively seeking out creators who continue to show their commitment to the platform.
When many users refrain from posting content because they feel it’s no longer worth their time, the potential Hive rewards you may receive could be higher compared to times when many people are actively posting and competing for a share of the rewards. Since daily Hive rewards are fixed, I imagine that when more people are posting, the rewards are distributed more thinly because there are more users trying to claim a portion. Conversely, when fewer people are posting, a larger share of the rewards goes to the active users.
Of course, this still depends on the attention your post receives from the major curation groups. I've noticed that big curation groups like Curie, Curangel, OCDB, Appreciator, and others remain active regardless of Hive’s price. Their curation activities stay consistent. The only difference I’ve observed is that they tend to give larger percentage upvotes during bear markets, as there are fewer posts to curate, while they give smaller percentage upvotes during bull markets. The lower percentage upvotes in bull markets might be because the dollar value of their votes appears higher, and there are more people posting during these periods. As a result, they try to spread their finite voting power across more deserving users.
AI image generated using PeakD's Flux Schnell (BFL) x4
Because of this logic, I tend to be more active during periods of low Hive prices than when prices are high. During these times, I focus on reading content, leaving comments, engaging with others, and, most importantly, building connections with dedicated Hive users.
I believe that low Hive prices present an excellent opportunity to accumulate tokens and connect with others who share a strong commitment to the platform. The active users during these periods are often those who deeply believe in Hive's principles and its practical value in their lives.
I see Hive not just as a cryptocurrency but as a platform that will increasingly integrate into both our digital and real-world lives.
AI image generated using PeakD's Flux Schnell (BFL) x4
In fact, this has already been happening in countries where brick-and-mortar stores and restaurants have embraced the SpendHBD movement, which I believe is a brilliant use case for HBD. I hope this trend will expand beyond just sellers and buyers of goods to include producers, dealers, and other agencies involved in the economic chain. Ultimately, this could make HBD an integral part of their daily lives, extending far beyond their social media presence.
The reason I bring this up is that even when the price of Hive is low, we can still earn $HBD, which will be incredibly useful once the Hive platform is integrated into more countries. I'm looking forward to seeing this happen in my city as well.
I can only imagine how beneficial it would be for content creators posting food reviews to use their HBD earnings to pay for meals at restaurants, get discounts through DIstriator, and then earn even more by posting about the experience. It feels like a perfect way to make dining and creating content even more rewarding.
So, should I wait for things to happen or for the price of Hive to rise before starting this journey on the platform? I think there's no reason to wait—it's better to make a move now!
In conclusion, Hive's potential extends far beyond its price fluctuations, offering a unique ecosystem where dedication and creativity are consistently rewarded. Low-price periods present an opportunity to build stronger connections, accumulate tokens, and tap into the support of active curators who value long-term commitment. Instead of waiting for the perfect market conditions, now is the ideal time to seize the moment and unlock the full potential of what Hive has to offer.
Posted Using INLEO