Encashing Hive or Converting to BTC or Other Investment ? What is your strategy?

in Ask the Hive3 years ago

A smart investor always keep the money in circulation. This help them to accumulate more profits. There could be various strategy that an investor apply to make it possible. Like taking out the profit from initial investment and investing in other projects or putting it in other investment option or so on. These smart investors hardly try to make use of their profits.

Likewise, with the increasing Hive Prices, how many of you would like to encash it for personal purpose or in other word invest in yourself??
Or
Like a smart investor put the profits in circulation by investing in other projects, like converting them to BTS and stake it for long term, or may be invest in some other upcoming profitable crypto projects.??

There could be many scenarios, looking the bullish trend, many would surely like to encash the opportunity while many would love to retain it for further growth or many love to convert it to BTC.

What is the best strategy looking at increased Hive prices.??

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If would have asked my opinion, honestly I would go to retain it for long, unless it reach to the peak. We have invested so much time in reaping Hive, so much effort gone to make an upward trend of Hive. With that much of investment, I would love to get the maximum of it. But in case in an unexpected situation I would definitely encash it for personal purpose..

Let me know your viewpoint and best strategy to reap maximum profit.

Peace

Namaste @steemflow

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Not selling any time soon - holding long term for sure.

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