Ask Leo : Is now the best time to take gain from hive pump

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HELLO HIVE :

Today I woke up to the reality of my first crypto or hive pump I never knew what a pump was or how the figures went up like but once in a while i do check my binance crypto app to check the price of hive.

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As at yesterday we still had hive struggling at $0.54 and there about value only for me to see a figure close to $1 this morning.

It is simply amazing!

But my question is, when is the best time to take gain on hive?

Is $1 value enough for any one to sell their hive token or are we still expecting to see numbers go up.

Been a crypto newbie can be a bit hard and just when I am thinking I have bought the dip, it went dripper dragging down the value of my tokens.

I may want to make the best use of any pump opportunity and it is very important to get some prior knowledge of exactly where this pump is heading.

Thank you for viewing my blog

Posted Using LeoFinance Beta



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2 comments
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It is really difficult for retail investors to guess the top of pumps or the bottom of dips.

HIVE is structured so that one must power up one's coins to receive upvote rewards.

It takes seven days to power down.

The seven day power down period means that there is limited time frame for taking advantage of market manipulations.

The price of HIVE just popped. One does not know how high the price will go in this current manipulation.

I see that you have 50 free HIVE. I admit, my impulse would be to take the gains on the free HIVE and see if the price drops.

You can do this on the Internal Market . The market is a complete guessing game. $0.80 might be the top of the current spike. Who knows the price could trade higher. I have never been able to guess.

If the price of HBD is above $1.05, then it might be profitable to used the feature that converts HIVE into HBD.

Posted Using LeoFinance Beta

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You were totally right its indeed difficult to predict even though I did not trade I have learnt a lesson from this.

Posted Using LeoFinance Beta

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