Investing Strategies: My 100% Commitment to HIVE and HBD

Among 200+ cryptocurrency my favorite coin is #HIVE and #HBD which have many reasons. One of the reasons that they provides me with passive income that helps me to meet my monthly expense. Another reason is because I am finding myself wealthy after investing in #hive.

Hive ecosystem is one of the best place to earn money and is a good blogging site which have make me busy through out my day. I used to earn by using hive platform and that is one of the reason these coins are my favorite.

To be honest I have invested 100% of my amount in HIVE where around 70% is powered up and 30% is kept as liquid for the market trades.

It really hurts me after watching the market that still #hive is under $0.30. From the last year the price of hive is keep on dipping which has take the price down to its all time high. This is not a good moment for the #hive users because the lower the price the more we get loss.

Anyhow, Crypto market is high volatile and the price movement is normal here. Its not only hive that have dropped that much but also other crypto coins which have fallen in worse way.

The good thing about Hive is that it has stable coin that is #HBD. HBD is the second coin for the hive ecosystem which is supposed to stay at $1 and is non-volatile coin. This coin also offers a handsome APR for the investors if you put into savings.

What's Your Strategy?

I had made a big mistake while investing in #hive. I must have invested in #HBD with my 50% of capital. I did buy #hive at $1 which was equal to the price of #HBD. Also because I was not experienced in the crypto market I was not known about the market condition whether we are going to bear market.

If I had that knowledge then I surely invest in #HBD as well which is stable coin. And now is the time to convert all of your #hbd to hive to get more number of the coin.

There is no guarantee for the price and no one can say when the price will go up. I am waiting to sell my Hive at 0.4 and get some profits and will rebuy at low.

I have changed my strategy little bit now and want to buy and sell with hive to increase the number of coin. I think we will be here in consolidation phase and in continue of bear market for further one year. Which is the best time to buy and sell to increase the number of coin.

What do you think about HIVE coin? To what price did you buy? What is your selling strategy and what will you do again? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

 NOTE: IMAGES EDITED IN CANVA.

Thank You!
Best Wishes.

Posted Using LeoFinance Alpha



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2 comments
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This writeup is very informative,it is actually an eye opener to newbies like me,to really understand how things are done in the hive community.

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I don't exactly have a strategy here at Hive. But I'm learning a lot and I think reading about your experience enriches my learning, so thank you for sharing your knowledge.

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