Good day here once more and it is good to be back here on the @pobstreet with @onealfa. Definitely this question is a very tricky one,but honestly I will still just give my opinion and still be very Open to people like @onealfa or let me say @scholaris too to really give their take on it , cause it will really be a guide to young investor's who are just coming up in the crypto market.
But to my own understanding which am very open to be corrected if it is very wrong,,I think selling at time is the best thing to do as the rise on most occasions always come down again after such massive rise and such person can later buy again after it might have come down a little to actually enable them hold more in terms of quantity.
This is my view and I stand to be corrected and enlightened in if it is wrong
The smart thing, in my opinion, would have been to sell the Hive at a higher price and then buy more once the price fell down to a predetermined value.
@scholaris.pob I know that is the best action for most investors but that action of selling crypto when it high and buying it again when it's deep has affected me a lot negatively.
I got ethereum then for about $30 and my money rised to over $280 USD and I decided to sell so that I can buy the deep but unfortunately ethereum did not dip then till now at presently over $3600.
You might not know the reason why hive is rising maybe they are doing something on thier blockchain and the price might still reach over 5 USD but you don't know anything about hive sold it at $1. Trading Cryptocurrency is about information and not guessing.
So that is why I will decide to hold my hive and instead of holding I would rather stake it to earn more and hold.
This is my plan, for a portion of my liquid Hive. I could already buy back at a profit of a few Hive but am hoping for a nice increase for Power Up Day ❤️
!PIZZA !ALIVE
Yes boss! As you said we need to a smarter investors that when the price is pumped up we sell and when it come down we buy as well.
This is a great investors thinking.
Thanks boss
Definitely that is my mindset too also and as we can all see now that it price is actually coming down,but one way or the other am forseeen another bull again very soon
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