I donβt think I can sell without triggering a mess on my taxes. Iβm going long on Hive. It may end up being inheritance. Or, I may use it for charity, which is tax exempt. Whatever the case, Iβm not selling for at least 20 years.
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IF there is a reason it will go back up.. but the all-time worst time to buy is after a major run (i.e. High prices) but that is when most people buy π
Most people bought Bitcoin at $20,000 USD in December of 2017 and sold after the dump at like $4,000 USD.
It certainly makes reaching HP goals much faster. I'll be hitting 5K soon. If price keeps dropping, it won't be long to hit 10K.
Your doing great!
P.S. Make sure to have some liquid Hive in case you want to sell it into the coming bull run π
I donβt think I can sell without triggering a mess on my taxes. Iβm going long on Hive. It may end up being inheritance. Or, I may use it for charity, which is tax exempt. Whatever the case, Iβm not selling for at least 20 years.
That is a loooooong ways away!
I need more $HIVE just so I can do more on the platform. I wish I had more disposable income at the moment.
More time in class === less time at work though, unfortunately.
How much HP do you have?
Hmm I think like 500 something. It's enough to do stuff, but if my vote is worth more, I feel like I'm contributing more
Ah, yeah, I know what you mean!
Getting passed the $0.02 USD threshold is an accomplishment!
Finally got some! Traded some ETH, now I'm sitting at 3,000+ HP
Awesome!!!
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STOPThat last line... πππΌ
I heard that it's time to buy when it's low. π€π€
IF there is a reason it will go back up.. but the all-time worst time to buy is after a major run (i.e. High prices) but that is when most people buy π
Most people bought Bitcoin at $20,000 USD in December of 2017 and sold after the dump at like $4,000 USD.
yaiks they could have waited ππ€£
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Another way to phrase it is..
What will happen if you consistently buy at higher prices and then consistently sell at lower prices?
poor strategy π€π€
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What about buying at lower prices and selling at higher prices?
profit π€π€π€
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That's why people think about buying when the price goes lower.
They are trying to BUY LOW & SELL HIGH.
It doesn't always work though and a select few are MUCH better than the large majority ππ
Well investments are for long-term generally. I'd HODL given the chance. Just leave it to keep growing πππΌ
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I have been waiting for years at this point for Steem and now Hive to go back up in value. Who knows if it ever will. I just like it here either way.
I think it will..
P.S. Did you sell any $HIVE at $0.80 USD?
Nope, I powered it all up.