Rehearshing for the Hive bull market

in #hive-16792210 days ago

I think one strategy for the Hive bull market, if it comes, is to be ready to sell when the prices are high.

But its not as simple as selling them when they are high, because they will not be high for a long time.

Check out the chart below.

In the last bull market, you can see that there are a couple of spikes, and then the price falls down to uninteresting level pretty fast. If you didn't sell fast enough, that is it. Oppurtunity lost.

Knowing the nature of Hive price movement, it is possibly a good strategy to set the selling price high enough to capture these sudden spikes. Afterall, in the last bull market (on the left rectangle), several spike happens. If it happens again in the upcoming bull market, I want to be capturing these gains.

Now that we see how the past bull market, we should start rehearshing for the Hive bull market. Tell me what you will do in the comments below.

P/S: Not financial advice here!

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First we have to maintain some liquid Hive in anticipation to hive with price spike, then only we can put a sell order. It's not possible when we want to accumulate high Hive power and it takes around three months to unstake, by that time even the bull market would also be gone.