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.
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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 ❤️
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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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