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RE: Price of Hive

in OCD5 years ago

Price is Hive is simply the price it is currently trading at

Very true.
I have changed my strategy a little. When it comes to liquid Hive, no point im hodling too much but or sell. As for HBD I tend to wait to convert until hive is lower in value unless I think Hive will moon. If not it doesn't really matter.

That said, I think the value of HP is very different than the value of Hive, we trade liquidity for inflation. When I feel Hive is trading flat, I power up. I'll keep some, but right now I like volitility trading.

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In the early days of a token volatility is common. It can be used to ones advantage. So keeping some as liquid can be a good idea. That is a good way to increase your net BTC reserve without buying BTC.

That's exactly my thinking, long gone are the days of an ICO where simply creating a token creates demand. If I'm not careful, I end up with too much investment in altcoins. I'm going to try to hold BTC roughly equal to its dominance % with the rest in a few others I closely follow like ETH and Hive (not including HP).

I think these days 2000-7000HP is required to use Hive to its full potential, 25k~150k is required to have influence. Hive is still very new and it hasn't found its level yet. There are also a lot of power-downs happening. My thought is this is great for distribution and the long term outlook, but in the medium term, we could see a little decrease to a price similar to that before the split (15~20 cents). I'm following the statistics closely and so far I like what I see.