Why it is important to have liquid Hive in your wallet
Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, after observing a massive gain of above 60%, Hive observed a dip of 27.62%. This is crypto where pump and dump occurs frequently. Although it is not good for the coin itself.
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People love to see high price of any coin but growth should be sustainable. Pump and dump will not help to build investor trust. In last two months, massive trading on Korean based exchange UpBit escalated the Hive price.
Repeatedly pump and dump in the market provides an opportunity to take advantage of pump. That's why it is important to have few liquid Hive in your account.
Consider the yesterday pump when Hive achieved almost achieved $0.97. 100 Hive may earn $97. At the time of writing Hive is trading around $0.619. If a person sold Hive at $97 he may buy back almost 155 Hive @ $0.619. In just 24 hours one can earn 55% profit. Who don't want to earn high profit.
Disclaimer: This sort term trading involved high risk, so apply it at your own risk. Don't invest on a coin which are pumping and don't invest too much on the coin which are dumping. Our in time decision may help us to earn huge profit. This is crypto world any thing is possible. Not a bad choice to have few Liquid Hive in your wallet to earn huge profit. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
Posted Using LeoFinance Beta
Well it is not a surprise to experience both the rise and fall of price but the main hope of Crypto is to see the progress rise in the coins
It is certainly a no brainer of what the advantage of holding liquid hive brings . People who of course had liquid hive in their respective wallets will sure make good use case of the cameo pump in price of Hive .
It's useful to have some Hive available. My holdings was in Leo and some other altcoins. These quick trade can earn you extra !