As many might have observed, the price of Hive is now trying to break all resistance and soar high. It reached a recent high of 0.45 but was brought down quickly by the bears. Even so, Hive has been swinging like a pendulum, and those willing to take risks might have already booked neat profits by now.
Is it the right time to buy hive now? At what price should it be sold? Will Hive rise more than a dollar? These are uncertain days and anything can happen. Many content writers are predicting an alt coin bull run but it remains to be seen if it will happen.
If you are ready to risk a few dollars, it will be good to stock some hive and wait patiently. Observe the market and indulge in some day trading and profit quickly. You can also reserve some hive for a probable bull run.
Where should you store the hive? if you have a definite price in mind and want to book some profits, it will be best to transfer the hive to an exchange or deal in p2p when the desired price is attained. In case you do not want to book profits, you can always power it up and earn rewards by delegating to groups such as @indiaunited or @bdvoter These help in passive income.
One can also earn hive by writing blogs or playing games such as Splinterlands. New games have popped up on the hive blockchain but I have not gone through it. I do hope an exciting new game soon arrives and makes a wave.
Do tell me how you deal with such price swings where Hive is concerned. Do you book profits or do you just let it go by and stick to blogging only? You could sell high and buy low and power up the extra hive too. Whatever decision you make, make sure to study the market and do not make a hasty decision.
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As far as I'm concerned, I valued Hive at $0.2 a long time ago and anything beyond that is pure bliss. :) Seeing it far higher in the past and reaching out to re-achieve it's greatness is incredible! I'd say the time to buy is always :) The real value is decided within each of us, but with your statement "Do you book profits or just let it go by and stick to blogging only" I feel that regardless of which route you take with Hive, it's fulfilling on many levels and it shows the power of combining currency with a passion. It shows that any idea or concept can be multi-faceted and exist with multiple purposes. It's applications are endless. That, in itself, should be celebrated! Ideas never die, even if they appreciate/depreciate, they remain. :)
Sayee ji 🙏Namaste,
Its been a while since I came across your post. Hope that everything is alright.
I learnt from the best mom, i just ate about 11.6$ profit from the last pump… I sold about 250 hive at 37 cents and bought back at 32/33 cents. Thanks to the utilization of the pump, big shoutout to @burlarj…
Ram ram mata ji, good to see you back in the trading form 😁🙏🎊🎉
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