Hey All,
Again not a great day for crypto and financial markets overall. The global cryptocurrency market cap today is $3.28 Trillion which is down like almost 4% when compared to the last 24 hours of trading. Speaking of #HIVE our favorite token has also taken a beating down 7% and is trading around $0.29 to $0.28 cents. But the question is do we see the price of HIVE coming more down and to the level of $0.25 cents - what do you all think? I had around 14K+ HIVE on binance where I pooled it in the SIMPLE EARN program and there the APR [Annual Percentage Rate] keeps fluctuating it literally went down to 15% from where I started it was more than 50%. Here is the last image that I had shared in one of my post, though the APR shown is 36% but today it was 15% and I decided to exit from there and do something with the all the 14K liquid #HIVE that I had on Binance.
SOLD #HIVE to Buy Back - My Strategy Ahead...
Yes, I decided to sell the HIVE for #USDT and wait for sometime to buy back HIVE. Not sure if this is going to be the right move or not but one need to take their chances. There is a plan so I had to take my chances and here is the sell order of HIVE executed and now I currently #hodl close to 4K+ USDT - What's the plan Next?
The plan is simple here which is not do anything for now and simply wait an watch the price movements of HIVE. Here is my plan and the following image will help to make it understand clearly.
I have place a buy order for #HIVE at $0.25 cents and if incase this gets executed I will get back 16K+ HIVE for the 14K+ HIVE that I have sold just now. I know it can go reverse way as well but then that's the risk one needs to take if they want to make some decent profits. Another sharp decline in the overall crypto markets could bring the prices of the major crypto tokens down and hopefully then my order could be executed. Ok what if the order doesn't get executed, I still #hodl 4K+ #USDT which I plan to keep holding and may will invest once the market stabilizes no point buying when prices starts spiking upwards. I did earn a decent amount of HIVE in the SIMPLE EARN program so with this plan execution even if I loose 200 or so HIVE that should be ok considering the larger chunk of HIVE I could buy if the price further falls. Lets see what happens in the next two days or so if I am able to buy back HIVE or I loose some dollars. I am optimistic though that things should turn in my favor and now just need to wait and watch the crypto markets game. Well this should be it for todays post around - HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead....Overall I am happy with the investment yield from #hive and buying more stake in second layer tokens here on the Hive Blockchain... Happy Investing & grab those all #hive when its being traded at these stealer price...cheers
Have Your Say on #HIVE BUY Vs SELL #hbd conversion..
Selling Vs Buying #HIVE? Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers
HIVE down 7% Trading around $0.30 cents - SOLD #HIVE to Buy Back - My Strategy Ahead...
#hivepower #hp #hive #strategy #hbd #crypto #cryptoinvestment #investment #binance #usdt #btc
Best Regards
Image Courtesy:: hivestats, peakd, coingecko, binance
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects...
Wow, what a great way to earn. Yes, the price will probably reach your target and will definitely go up again. This will increase your token and with it the USD will increase. Actually, it is a simple matter, but if you have to do it wisely, then it is very easy to profit from here.
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Hello friend! Nice to read about your strategy regarding HIVE.
After waiting all these years for the altcoin bull market, I would not be happy if I sold HIVE at these prices and then did not get a chance to get back in. I will not be selling any HIVE under 30 cents; in fact I will but more if it does go much lower.
I just think we waited this long, and we will see something big for HIVE between now and the end of January 2026. I do not want to miss that!
Of course this is just my opinion and I respect others with other opinions. No one has a crystal ball that tells them the future.
Good luck to everyone in 2025! :)
it is a good time to invest in hive :D