My HIVE plan

in #leofinance2 months ago

Hello!

As of today I'm hodling 106,000 Hive, currently powered up and delegated to different projects to support them and to maximize the APR.
If I am consistent I will be sitting at more than 115,000 Hive by the end of the year. It's hard to be consistent, to write and engage regularly takes some effort. Sometimes I feel unmotivated but I will be pushing myself to that goal.

The best time to earn Hive is when people is not posting. We have a fixed reward pool, and we share the rewards via stake-weighted voting. As the price of Hive rises more people will come to get the rewards, some inactive users will come again and they will start posting. But it will be too late.

Possible selling plan

The people who know me well, know that I am very conservative. I learned the lesson the hard way in 2017-2018. I will never feel that regret again.
So, I've decided to have a plan in mind regarding HIVE.

Let's assume I have 115,000 HIVE.
If I sell following this strategy:

  • 10000 when price gets to $0,60
  • 10000 when price gets to $0,70
  • 10000 when price gets to $0,80
  • 10000 when price gets to $0,90
  • 60000 when price gets to $1

I would have $90,000 and still 15,000 more Hive to sell if the price moons.

Some of you would say that this strategy is not a smart strategy but almost $100,000 is life changing for me.

Why this strategy?

The alternative is to sell 100,000 Hive when price gets to $1 but the 10,000 more $ that I get are not worth the risk of HIVE not passing $1.

I would love to follow this strategy. The temptation will be very high when the markets are green, but I will try to stay strong.

Stay safe out there!

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It’s a good strategy

Thanks! Do you plan to sell some?

I will, but I haven’t done any structured plan

I have 4000 Hive not powered up for this.
Sell 1000 at $1
Sell 1000 at $2
Sell 1000 at $3
sell 1000 at $4
That's 10000 for staked HBD.

I like your plan too!!
Good luck!

You have a good strategy. I'm thinking of buying HIVE at $0.06 and selling 90% at $0.50.

It's a decent strategy and like you've said 100k$ is a decent sum to do something with..

I wouldn't be confortable selling over 80% of my stake under $1, but I guess it will depend how crazy the hypothetical bull run goes. Maybe you won't have time to sell in 0.10c increment if it rises too fast. But at least you won't have regret if the price doesn't reach $1 as other might have.

$3.00 USD was the all time high... Now... hopefully with a leap of faith HIVE will return to this level or at least in the nearly future.

Well that would mean X18 in market cap and price compare to current levels, That over $1.7 billion in MC. I don't know if that will happen soon, might take some time.

Yes, that's exactly the point. If the price doesn't get to 1$ I will regret not selling any.