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RE: I got 99 problems, but HIVE ain't one

in LeoFinance5 years ago

1 BTC currently buys 227,000 HIVE

A temping offer.
I've been thinking about doubling my stack.
I could even triple it, but the risk is too high.
Still, it's amazing to think that I could get this close to being a whale so soon.

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I’m dollar cost average into hive with my bitcoin every time we get below 600 says. It’s a slow game but I feel good!

I always feel awesome about buying Hive even if it doesn't perform. More resource credits and a higher vote are always good ways to increase influence on the platform and build out a network that potentially has lifelong value.

The most exciting thing for me is being able to use my vote to keep good people here

Yeah I have been the same. I could squeeze a whale maybe, but it would leave with 99 problems, each a percent of my total value in one basket.

There are some big holders and traders out there. Some of them must be willing to drop a few BTC in one day.

Yeah not only is it a super huge risk but even if Hive moons... best case scenario... you'd be dumb not to cash out a huge percent... meaning you wouldn't be a whale anymore... heh.

Yeah, it is too much risk for me at this time.

It's still possible that Bitcoin continues to outperform and Hive continues to underperform for quite a while. If I can be a Hive whale for 0.1 BTC I'm going for it :D

If you need help with the timing, I just wrote a post with info on the Hive/Steem cycle and it's lag to Bitcoin.
Click here