You know, dear reader, that it is unlikely for you to cashout, trade it around, and buy back more than you sold.
That isn't how crypto trading goes for most folks.
It's one thing to put your monies into cubdefi and hive-engine tokens, but if you are trading out to external coins and not bringing back the value you have taken out of the ecosystem, you are a net drain on the rest of us.
Nobody is saying you can't enjoy the 50% you get as liquid rewards, just that powering down looks bad if you don't have substantial stake.
During these 'early' days of the chain, hodling is much more beneficial to the ecosystem than dumping hive for btc.
If we want 10usd hive, we can't be voting rewards to these scavengers that are dumping everything they get.
Unless more folks hold than sell this thing falls apart.
Now, us early adopters have held this together up to this point, but it time for you to step up your curation game.
Stop voting rewards to folks that don't love us enough to not use us as a golden goose.
If you are cashing out and have less than 500hp, wtf?
500hp is not too much of a commitment to ask from you for all this easy money.
You babble on and on about your lunch and folks spread the inflation your way.
All is fine and good.
But, if you are dumping everything the community gives to you, don't be suprised when the gravy train gets cut off.
Nobody feeds the bums for very long because they multiply.
Don't be a bum, eh?
We are having a membership drive in these discords, tell your friends.
If you want a voice in the consensus join them, and be one.
HiveDownvoteRewards: https://discord.gg/tVjRSwTG9v
Exercise your duty to mitigate abuse.
Hivewatchers: https://discord.gg/QqyrCCf
Appeal blacklist flags here.
FreezePeach: https://discord.gg/TXPkMRXYuG
Get your flag reviewed for redemption.
Proof of Brain: https://discord.gg/tdXjvbHR4w
You know, what they sold us on to get us here.
The Terminal: https://discord.gg/Npwa8VYR3v
Newb friendly chat.
Hive-Coffee: https://discord.gg/nVj9XQFrun
Well informed newb friendly chat.
Hive Official: https://discord.gg/SUwJ2s2
Central focal point of much of the hive.
Dlux.io: https://discord.gg/mdJRstcFWg
Building the holodeck in 3d VR.
The Pulse: https://discord.gg/3M2gRr5
Alternatives to the groupthinc.
Klye's server: https://discord.gg/KyJyQxzRJ7
When your day just doesn't have enough Klye in it.
These are public rooms managed by private people for the benefit of everybody using this blockchain.
What they do is voluntary, but openly public.
Don't abuse their willingness to work for the collective for what little we give them, eh?
Without them, none of this exists.
When you go through these rooms catching up on 'the community', be sure to look for the detective, and add your detective, too!
I do what's called a double dip, sell at the top, and then buy back in 2 separate downtrends.
50% of my orders are still open from the 55 cent pump.
I kept getting caught on the wrong side of the trades.
The price was going up while I was trying to buy low.
So, I stopped doing that.
This dswap bot is working like a champ, though.
The trick is to wait for an all-time high and then use a Fibonacci retracement grid.
With these volatile markets they are extremely subjective to Human trading algorithms, and that is literally what the Fibonacci retracements algo is for, estimates the golden ratio.
The mountain, is the 0.78 retracement level out of 1.
More often than not, a stock that hits 1 dollar and sells off, is in a retracement algorithm. Once it has a clear bottom (that you don't buy) you can make an estimated guess about the 0.78 retracement level.
In the case of a dollar, that's $0.78.
Hive hit 55 cents and is about to test the 1:1xretracement ratio, that will be time to leave the market and watch for another pattern, while desperate people use fear, uncertainty and doubt to try to convince themselves that $1 means up.
good article turned out