I'm so tempted to get my HBD out of savings to buy more Hive at the moment π I could get a bigger amount of HBD later if I buy Hive now with my HBD
But I'm still thinking...
The most important thing to note is that, I'm seeing this whole thing as a good opportunity and I wish to take advantage of it.
This is not to put pressure on you, but let me just add something.
You see, crypto is volatile, and it will always be. It may be in a downtrend today, and then tomorrow it may be in an uptrend. However the case maybe, there are always opportunities presented. One just needs to see them, and most importantly be bold to take the necessary (or smart steps). Yet, one has to be logical about their decisions.
In other words, if Hive begins to go up now, you'd feel left out for not buying when it's low. The same applies for when it's the other way around. There are methods one can use to mitigate risks. I for one, prefer the DCA ( Dollar Cost Averaging) method.
This would be setting aside the amount you intend to invest into the dip and then splitting into a large number of portions. Say you intend to invest 100 HBD, you could split that into ten parts of 10 HBD, and at certain time intervals, you would be buying Hive. So if it keeps going down, you still get to keep buying the dip till the bear minimum (if you get there) and if it starts going up, you don't miss out on the gains along the way. Remember we are dealing with uncertainty; this may help mitigate risks.
Not financial advise, though.
I'm pressured!!! ππ
I get your point very clearly and I'll make a decision on what I can handle, thanks for the kind clarification.
Even though it's not a financial advise, I appreciate it π
ππ
I meant, "Don't feel pressured about the whole dip situation going on."
You are welcome!
Haha I understand π
ThatΒ΄s what I did as well.
Wow seems I'll have to join you π
I'm yet to find the courage to
Yeah, HBD is stable... You can get a bigger chunk of Hive when the price levitates which it would. See you making #smart moves..
Haha smart moves indeed π