Thriving in the Bear Market: Maximizing Potential on Hive platform

I just got back from jogging for about 30 minutes and burned around 200 calories, which makes me feel good as an achievement toward my physical fitness goals. Before I went jogging, I watched part of a presentation by Matt from the 3Speak team, and it was exciting to learn about SpendHBD. It allows people to spend their hard-earned stablecoin (HBD) and get cashback rewards, which made me realize how amazing it is that our stablecoin is already being used in the real world for purchases, from food and drinks to a simple cup of coffee.

If you’ve been on this platform long enough, you’ll appreciate the significant changes happening with HBD, Hive’s stablecoin. It’s much more stable now compared to its performance four years ago. Back then, I wasn’t confident it could maintain its value close to 1 USD, but nowadays, it’s considerably stable. I’m now feeling more confident that it will continue to hold its value as Hive’s use case grows. The adoption of SpendHBD is a great example of how quickly developments are happening, especially for a project like this to take off so successfully.

These were some of the thoughts running through my mind while jogging. It's funny how I was able to use that time to reflect on today's post ideas. I didn’t have a clear goal for this post, but it feels like a collection of thoughts... a simple Monday night musing.

During the jog, I also reflected on why I’ve stayed on this platform through the highs and lows of Hive’s price, and what motivated me to remain active even during the most bearish seasons in the crypto world.

I’ve always believed that bear markets are the best time to build on this platform, and there’s good logic behind it. Many users, especially content creators, may feel discouraged during these times, as the coin’s price affects the dollar value of their earnings, making their efforts seem less rewarding. I understand how they feel, but if they looked at the bigger picture, they would realize that the rewards they earn now will be worth much more when the coin's price rises during the bull market. I've seen it before; posts that once earned $300-$500 during bullish seasons felt surreal.

So while we’re in the bear market, it's a good time to focus on growing our accounts and preparing for the next bull market. It will be much harder to gain support when more users are active and competing for rewards. Right now, fewer users are posting, which means curators’ attention is less divided. This gives active users a better chance to receive support from power users and curation groups.

This is also a prime time for lesser-known users to gain recognition and build relationships with curators. By staying active during the low times, you’ll be more likely to gain their trust and support when activity picks up again.

By remaining active now, there’s a strong opportunity to build your account for the future. You can earn more coins through posting and accumulate even more by buying Hive while the price is low. For example, buying the coin at $0.17 now compared to $1 or $2 later means you’re getting 8 to 15 times more coins. That’s an incredible opportunity for anyone looking to grow their account. It’s something you shouldn’t miss—it’s a rare advantage in the crypto world.

What’s also fascinating is that development continues even during the lowest times on the platform, thanks to the DAO (DHF) fund, which supports the development of apps and the blockchain itself. This shows that the fund is effectively driving progress on Hive.

In the end, it’s all about staying consistent and recognizing the opportunities that come even during the slowest times. By building now, we position ourselves for greater success when things pick up again. Hive’s continued growth and stability make it a platform worth committing to, especially with developments like SpendHBD, SPK Network, Store-to-Earn, & VSC Network paving the way for a brighter future.

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