Hive Spike
Its been a while I published a LeoFinance post. There is no particular reason, just been busy with other things. Also Ray launching the new Cine tribe didn't help with my financial writing :) But That is fine, it is good to mix things up a little bit.
Yesterday evening, as I was finishing up my regular 3 mile walk, while listening to an audiobook (details on that later!). I received a discord message from a partner in crime, who likes to travel to 1914 to buy some Iron before the 1st world war! (you won't get the joke if you haven't seen the movie The Holyman by Satyajit Ray). As per this dude, Hive is trading at 80 cents! I said; Dude! You can't be serious! So he said, no seriously, it is trading at 80 cents, no wait 82 cents! Well, rest it history!
You are hearing a lot of speculation on who bought it and why! Ignore most of it, as people don't know. There is only one fact that people know; that majority of the volume came from Upbit exchance where Hive is traded against KRW (Korean Won)
So Koreans are triggering the rally. At least that is the way it is looking like. Price since then have come down... but my yellow-orange parabolic curve that I have been drawing since December, still look good!
CUB Update
Cub had a free day today on all the farms and dens. I took the opportunity to consolidate my positions to only one farm and two dens. I think this would be enough for me. CUB/BUSD farm, and CUB and ETH den or stakes. I increased the total stake to about $100K and I feel fairly good about it for now. At the current rate it gives me a bit more that $340/day.... so little more than $10K a month. I am very comfortable with this kind of return.
Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.
Wow, those are some awesome returns you are getting on Cub. I wish I could throw those kinds of numbers around so nonchalantly! Maybe one day! I agree with you on the whole Cine thing. I don't usually post on the weekends, but I had to come out of hibernation just to get some posts out on the CineTV platform!
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Thank you. If the project is successful, and we don't mess it up, we will likely change lives of many people.
That would be awesome!
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Thanks for the update. It's very educative.
Damn son! That's some serious CUB heat you're packing! Nice one! I might take advantage of the free day today and move some things around but more likely I'm looking at a lot less per day than what you're denning (yes, I'm using that phrase now 😁)
Thank you. We do what we can. I think many have put in more than I have, so that's that :)
This is a good point
we have an upward trend and this looks fantastic
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