Hive is UP! :D

yoieuqudniram 10 days ago

So should I buy at .61? Do you think it will still be up later today?

0.05 VYB

lookplz 10 days ago

I'm no financial advisor, I'd simply say go with what you feel. It may or may not go higher, but one thing is for sure, never invest more than you can afford to lose. Considering your stake can be kept and used to vote and gain rewards, even if you lose in the short-term, it can be given purpose elsewhere to still produce gains. :) Remember, I'm not the best to ask about this and my only advice is to trust yourself and don't put up what you can't let go. :P

0.00 VYB

lookplz 10 days ago

What I can say is that I will be holding onto my liquid Hive, in hopes it passes $0.70 to sell off a bit, and if it dips below $0.55 I will begin to buy again. This is just my current strategy for the short-term though. The long-term is always to stack more and more Hive and bank it where possible. :)

yoieuqudniram 10 days ago

I'm still new to trading, back then I never cared about the price and converted hbds to Hive to stake. I don't know, maybe I should look up to trading for long term. I just want to have profit to buy more hive in those little price fluctuations

0.00 VYB

lookplz 10 days ago

Also, as you can see by this chart on CMC:

HBD is right now @ 1.02, so if it rises and Hive drops, you get even more bang for your buck when trading back! Should the crypto Gods allow it lol. It's been off by ~$0.10 just in the past month or week or so. It's an optimal time with Hive being high and HBD being low, to convert a decent amount if you can. The retention of value and the capture of the current value is the win/win here. Only way to lose, which could still potentially happen (Never gonna candy coat it.) is if Hive rocketed and then HBD suddenly destabilized in a major way under the $1 Peg. A possible scenario, even with a healthy ecosystem like Hive and even Steem funnily enough, but a very unlikely one in my opinion.

lookplz 10 days ago

Furthering that point and the cases of caution, in the past year, the variance for HBD going below the $1 Peg, has been about $0.10 on the opposite end. Not bad, but not likely either, as it has only happened once in the past year.

All other points of variance below the peg this year, have been less than $0.10 and the highs above the peg, have seen over $0.10 technically, I just used ~$0.10 as a reference point. :P

0.00 VYB

lookplz 10 days ago

Over-Peg is what I'm banking on, personally. You should do some research though and look at some charts to decide for yourself. Not everything will continue any given pattern though, so don't start to believe you can predict the future based on the past. xD Sometimes I read articles about new coins or existing coins and how they're being developed, etc. As for strictly Hive/HBD/Hive-Engine tokens, I'd say trading on the internal market as the price varies and paying attention to those variations are where the most money is in times of obscene volatility. :D

0.00 VYB

lookplz 10 days ago

Even reading the posts people post on CMC can give you some sort of idea about something and the potential price change and if you watch the bullish/bearish meters, as they shift daily, you can see how public sentiment changes which also heavily affects price. Hope you find some success! :D

Also, since I mentioned Hive-Engine, If you have/had SWAP.HIVE on there and it was sitting there, but you DO buy tokens on there, I'd suggest taking advantage of the price hike on there as well. Higher Hive $ value + HE Tokens retaining same $ value = More HE Tokens for your $ boosted Hive! :)

0.00 VYB

lookplz 10 days ago

Anything that invests into yourself on Hive, is a good investment. :)

Also, I forgot, the exchange rate on the internal market through the Hive wallet. I'm trading a good bit of Hive for HBD right now, as the ratio is much higher and if it drops, that's great because the HBD saved up will retain it's ~$1 peg despite the variations in Hive price. :P

That's just my two cents though. I try to cover all losses by making some plays that are still "holding" in a different form, in case of a dip, then I can get more Hive back later, if Hive dips. (HBD's ~$1 peg would remain. Although a warning, HBD prices could destabilize in favor or detriment!) If Hive goes higher, I would potentially get less in return per HBD, but I could also stake that HBD and gain 15% APR (Pretty high for any investment!) in the meantime while waiting for prices to get where I'd like to see them.

Be careful in whatever you do and I suggest fractionally investing small % of your overall capital into many diff things.

yoieuqudniram 9 days ago

Thanks for the info, I may not get everything you mean but this will mean much to me later. Yeah, I will remember not investing so much and put not my eggs in just one basket.

0.00 VYB

yoieuqudniram 10 days ago

Yeah, that is what is good in Hive. The truth is that I had this certain amount to trade, sold off too soon at .38 the other day and regretted it a lot. It was just a small amount

0.00 VYB

lookplz 10 days ago

Fractionally selling (like 10-20% of your overall capital and then after an investment, 10-20% of remaining capital. My way of doing it.) off is great because you get a little bit each time a new peak happens. If it goes higher, you have more to sell too. :P I fractionally buy and sell and then as the overall capital grows, I invest into new projects/ways of trading/buying assets.

zulfrontado 10 days ago

I will continue saving in Hive, I have some savings, it's not much, but I go there. Plan to save everything you get for my delegations this year.

0.00 VYB