HIVE Digital Technologies Ltd V.HIVE

Why go long?

[Bluedawg]

As many of us have stayed long with Hive, why would we after missing a monster day today. Always seems to be an excuse but when ETH and BTC are crushing hit....what's the problem?

[farmboy123]

I am a long holder of Hive. I am no expert but I see three things happening. 1) investors not realizing this is an ethereum play, not a bitcoin play. 2) Massive manipulation and wall building to prevent upward motion. I'm thinking this is to protect all the short sellers. 3) Aside from the hype, there is little large scale investment happening that would crush these walls. Large investors are

[farmboy123]

I am a long holder of Hive. I am no expert but I see three things happening. 1) investors not realizing this is an ethereum play, not a bitcoin play. 2) Massive manipulation and wall building to prevent upward motion. I'm thinking this is to protect all the short sellers. 3) Aside from the hype, there is little large scale investment happening that would crush these walls. Large investors are

[AlphaJ]

okay 1) The majority if people investing in crypto stocks are investing bc of BTC hype. Most people don't even know what ethereum is. 2) thats highly speculative and unproven. Its more likely that people are going to invest in the best bitcoin miners and hive us not one of them. 3) what does Warren have to do with hive? Cryptocurrencies are soaring and so are all the other crypto stocks. Hive

[farmboy123]

Thanks for the feedback Alpha. Whats your perspective on the walls of large volume that keep Hive from moving up.

[AlphaJ]

Not sure i understand the question my man.

[farmboy123]

Why do you think these walls of asks are present at 3.18 and up.

[AlphaJ]

Im not sure. I dont care about daily prices. My horizons are in months and weeks. If there are asks as low as $3.18. I assume that investors have low confidence in hive. But that can change quickly. I can see hive getting up or close to $4 before March assuming btc continues upward. Which, I assume it will. Sorry, but I dont have a clear answer for this as I tend to focus on BTC more then the

[AlphaJ]

so I have taken majority position in hut and a small position in dmgi. DMGI has been a super hot play but oddly its down today. No clue why but I assume it will play catch up and blow off the top like it did early January. I love their business model bc they are a hard-core blockchain play, not just a crypto miner play. Anyway, it was a risky bet. Either it will suck or ill have a nice surprise in

[bullFire]

You have to remember like becks said, hive didn't fall as hard as others, so yesterday's gain makes sense. It didn't have as much room to make up. Others are still not at their ATH here in Canada. Only the US miners are at ATH. HIVE has been the most steady Canadian miner so far through this run. It's looking good. HIVE is only .30c off its high. HUT Is at least 2.00 off it's