Hive went below $0.50 USD (2022.05.11)

in LeoFinance3 years ago (edited)

Hive decreased (rather fell) 25.72% in the previous 24 hours. Currently it is $0.4749 USD. And probably it will go even lower.

I am already regularly buying (and powering up) Hive in this month (I am trying to do this on every day of the month), and I will buy even more Hive, if the downtrend continues.

Whatever people say, I think that this is a good opportunity.

What are you doing with Hive? Buy? Sell? Hold?

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Same with Steem -29%, this is mostly due to market crash, btc has dropped 8% so do other tokens.

That is an interesting aspect. I have not checked Steem since long months. Steem is currently around $0.22 USD. Hive is currently around $0.46 USD.

I'm hodling for now. Fortunately I don't have much. Might consider buying more if it falls bellow $0.05, but at $0.5 it's too expensive for me

Might consider buying more if it falls bellow $0.05

That would be certainly interesting. I do not remember seeing Hive below $0.05 USD at all so far. Probably it would be an all time low, and probably many people would buy Hive in that case.

Everything is going down and I don't know where it will end, but I do think it's a good opportunity to build a little bit of wealth. I will buy some Hive too because I believe in Hive, Hive projects and the community.

I am holding what I have and buying what I can use for my liquid HBD. My savings is still untouched but I may start pulling that out when the price drops a bit more.

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I also have not touched my HBD savings so far. Probably I will withdraw some HBD, and buy Hive for a few hundred HBD, if Hive will fall below $0.20 USD.