The fate of Hive prices
It is interesting to see how the Hive price is unfolding following the recent dip.
The question is whether it is time to pile up some Hive.
Anything less than 30 cents is worthy of purchase, to be honest.
Of course, if I had bought at 27 cents, that would be a smart move. But no one knows how things will unfold at the point of that downward trend.
Now it looks like the price is stabilised at about 30 cents for the moment.
The approach I will take is to gradual DCA. This is to reduce my overall buying price since I bought most of my Hive at about 50 cents on average.
P/S: This is not financial advice, and please do your own due diligence before investing.
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For me this is the price that will not be found for next 1 and a half year so we are lucky to get this opportunity. I have already bought some. Be it short or long term this price will not disappoint.
Since it has been falling with the BTC, i see it rising at the moment only if the BTC will pull it up as well... At the moment it doens't seem to happen... !BBH
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In short, I’d agree that now’s the time to double down.
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Great thinking @cryptothesis
I think every time is the best time, but this current price looks quite attractive and some money really needs to go down on more hives.
We've been dipping a few times under 0,3 recently, but it never took a week to pump again as far as I can recall !PIZZA
I always save up everything I can to buy at the end of September.
I see no reason to pull the trigger now.
I have bad experiences with the price slowly going up over time.
Crashes at this stage often wipe out week's worth of gains and more.
Why at the end of September? !HUG
Of course you below 30 cents although we probably see 25 cents soon
we could end up gonig lower if btc 23k lets wait and see
Nobody knows where the price will go but I will continue to accumulate more Hive and I don't plan on selling any. I believe Hive can definitely go up more over time.
I caved and bought some at $0.73 and $0.29 at least I will be ready for the next few power ups.
The mood seems to be quite bearish at the moment.
But it will be back up some time. !PIZZA
$PIZZA slices delivered:
cryptothesis tipped kerrislravenhill
@svanbo(1/5) tipped @sahidclement99
https://twitter.com/lee19389/status/1693974895686713603
#hive #posh
It seems indeed that the price is not moving a lot since over a week and we're stuck at 0,29 - 0,3
I'm stuck with my DCA, needing to sell at 0,34 or I need to find fresh capital to start again at the current rate...
!HUG