Up and down and up and down
It reminds me of a song of in younger days, by The Vengaboys, the rollercoaster Hive is on right now. Price of Hive has down as low as 47 cents, and then back up to 66 cents of a dollar. That is a gain of almost 30 % in a matter of a day, and then it goes back down to about 53 cents where it is right now.
Pretty crazy stuff, but that is cryptocurrency for you. Not that I am so worried about these price swings, I am in it for the long run, it still is peculiar. And it means that some big guys (or girls) are making some huge money during these swings. There is no doubt about that. It is dangerous to try and join this daytrading stuff, as I know from past experiences.
Still for me the important thing is, Hive has the tendency to crawl back up quite nicely after every price dump. So that is what we should remember! Hive is holding up strong!
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