The last few days has been a traders delight. Multiple times the HIVE Token has touched on and even surpassed the fiat value of $0.40 USD per Hive Token. The dips were just as fascinating reaching to the low/mid $0.20's. Currently we are sitting somewhere around $0.25. I didn't catch all the spikes and dips but I did manage to catch one of them and turned a profit of roughly 1000 HIVE Tokens and 125* HBD. Regardless of that there is a little green monster on my shoulder telling me we are in for further dips; if you (I) held out a little longer even more HIVE profits would have been waiting. That little green monster has gotten me in trouble a time or two so profits were booked and turned into the Hive Token. As the saying goes a bird in the hand is better than two in the bush. So while I'm sure some are seeing this $0.25 USD price of HIVE as a minor set back, I see it as an opportunity to get more. With potential short term dips on the horizon is it a fools errand to dive in at the moment or should one jump at the opportunity to fill their bags. Ah, the delights of crypto investing; if only we had a crystal ball. It's likely that if the price proceeds to hang below $0.25 the rest of my HBD will be getting traded for HIVE. But that's the road I'm taking you'll have to weigh the pros and cons for yourself, nothing comes without risk.
It's times like this that I like to create a short but meaningful post to remind everyone to hedge those bets. Don't invest what you can't afford to lose. Research, research and when you are done researching do some more research. Then make your decision.
What's that pretty little thing you see above. Let your good pal @rentmoney tell you. That is the Buy and Sell Orders from the Hive Blockchains very own Market (We aren't talking TribalDex or Hive-Engine here even though both those DEX's are a great asset to the Hive Blockchian). Some or even most of you might of already known: the Hive Blockchain has its own internal Market. On the other hand I don't see many posting about it and it is tucked away within the Hive Wallet. For those who might not know, to get to the internal Hive Market simply go to your wallet section > Click the Drop Down Option Next To Your Hive or HBD > Click Market: after doing so a new window will pop up where you can trade your HIVE/HBD (No other Tokens can be traded on Hive's internal Market). Here is a direct URL Link to said Market: https://wallet.hive.blog/market Current 24hr trade volume stands at a respectable $100,000 USD.
What's your plan? You capitalizing on Spikes and Dips? Perhaps you are a holder and are sitting back and watching everything unfold as you continue to stay steadfast. Tell us all about it in the comment section.
Disclaimer: The @rentmoney blog is for entertainment only and does not contain any financial advice. In fact I (@rentmoney) continuously make bad financial decisions so its not wise to take my lead.
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