equal to a decrease in Hbar demand which means a decrease in price.
My understanding is that in the long term, Hbar will be the most stable coin.
Am I right or do I miss a parameter?
No. It's in the interests of the project to have a higher price to make the network more secure. This is like making a seed investment at the moment. It's not a moonboy project. You are potentially buying the next Google. Plenty of competition out there but Hedera are well positioned to see huge growth. Look at the big tech companies over the years like Apple, Google, Microsoft. Flatlined on price and then bang, it's gone nuts. People from tradfi get it but the younger crypto investors want instant price appreciation.
Depends what target price we are talking about. I honestly think in a bull market we can easily hit $2. Even if price goes up today it would come down tomorrow. We are in a bear market, prices are down everywhere, they pump for couple of days but they go back down again. We gotta wait for that bull market and then we will see the real HBAR
I guess that's one thing people in Tradfi understand better Overnight price appreciation is not always feasible.
In a bull market, we can hit even higher than that
I grab as much as possible everytime we go below my average price.. would be more than happy to accumulate Till April 2024 (next halving of btc)
and after go down again to 0,06 $?
0,06 is up from here.
Would you care??? To be honest if let's say we hit a new ATH of $2 then 80% down from there is 0.4 c 90% down is 0.2 c, so I don't think we would 6 c after that but let's get to $2 first 😃
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