What do you do when Hive pumps?

Seeing the Hive price rise makes me happy. Because I relate it to more interest in this blockchain. Which I hope will generate more active users and a more resilient future.

However, it doesn't affect how I act. Because I'm just trying to build a nest egg for my family. Mostly by curation and occasional posts. So the current price of Hive isn't really relevant to me.

I kind of get really happy, thinking “I told you” to myself hahaha cause I want it to go big. But I keep my blogging life as usual, trying not to let emotions manage my goals.

Power down is totally against my beliefs at least for now. I am a bit worried with the huge amount of powerdowns in the last 3-4 weeks. Why? first it means that the current price of hive is purely by speculation, there aren't more people using and more hive staked. It got attention from people that didn't know about hive? Yes, but only people that are trading. My goal with hive was always to become a society utility and that's not what happened, and with more power downs it means that hive is turning into a trading token only, like a memecoin perhaps (maybe I am too apocalyptical here). Anyways, of course that I try to take advantage on that good moment with Liquid Hive, using even swap.hive that I had in LPs. But my goal is always bring back this hive ...for example all the hive that I had in LPs I sold for 0.63$ and bought again by 0.58$ (I could have waited a bit more but it is ok). I didn't bring it back yet since there is a good stake in finance for a good APR, and also wait a bit if there is another pump. If not I will bring back to the blockchain, put back in the LPs( the exact amount that I withdrew) and power up the rest =)

I do nothing, it is still at a very low price to undo positions.

I like the pumps but pumps don’t really last. I would rather see a nice steady uptrend in the price over time. I get nervous with pumps because no clue when it will crash.

I currently do nothing or very, very little. Move liquid hive to HBD and back again. But I don’t keep very much liquid.

I have very little liquid hive at the moment but i did swap it for DEC when it jumped and will swap back if it drops, if it doesnt drop i need the DEC for wild pass so all good!

When the price of Hive gets over 50cents I quit swapping HBD to Hive and powering up. I will wait to continue building my staked HP until the price comes back down. For now it can sit in HBD.

As my negotiating power is still low, I remain focused on growing even more in the hive.

I keep accumulating Hive!

I believe the day I start powering down is the day that I have fix mind that I will leave HIVE blogging world. So I won't do that in near time from now.

What would I do? I will focus on HBD rewards, will avoid buying L2 tokens massively, and will be selling a lot of tribe tokens for sure.

Cheer and hope Hive rise to a much higher value as I do not have enough liquid hive to have fun at the market.

This is something I have to get better at understanding. When the price of hive goes up, it seems like the right thing to do is to buy HBD and then, when it goes down, buy back hive at a lower price, but I'm still very fearful and I don't do that. Of course, it's a good way of acquiring more hive and possibly more HP in the future, so I'll have to look into it more. When the hive goes up I just keep posting and interacting with people.

Actually, nothing, yet. I'm just looking at how my Hive account is worth more. 😎

Interesting question... That all depends on how much liquid Hive I have at the given moment. Currently my liquid Hive has been low so I not many plays to be made. Assuming I have plenty of liquid Hive I would sell when the price is at a peak for HBD with plans to rebuy on a drop. Powering down isn't an option for me, I just don't believe in it. Many big bag holders are powering down to take profits I know, I can't blame them, but they will just drive down the price.

So far I haven't done anything because I was focussed on growing my HP as quickly as possible. This pump is lasting longer and if it continues like this the only move I plan is to change the rewards of my publications from 100% HP to 50% HP/50% HBD. The idea is to have some extra HP selling the HBD when the Hive price drops again.

Continue as usual + active trading + no need to power down. After I was notified that Hive reached $0.6+, I managed my HP delegation and sent 6 Hive to my Binance account. Just that 😂 !LOL

To be honest nothing, LOL. Although I do have a small amount of Hive and HBD that I use for trading when I see an opportunity. But it's so small that I do it more for fun than anything else, hehe.

It depends where I have liquid Hive, if I have none then I just sit and smile for people who are selling.
Sometimes I will trade for other tokens.
Sometimes I will trade into HBD.
Today I have done nothing.

It's nice to see HIVE in the spotlight with the recent listings on CEXes and its price pumping. I took advantage of the arbitrage opportunity using Leodex (4 days ago), unfortunately, two of my transactions got stuck, lol! (Waiting for a refund). Swapped my liquid HIVE for HBD and USDT (a little too early so waiting for the correction to buy back).

When I saw this pump I decided to exchange my Hive tokens to HBD and put hbd to savings. It let me to add more than 100$ to savings. Also I didn't even though to powerdown at this moment just decided to receive further 50/50 hbd / hive power.

I look at how the price has increased and I am happy that my vote is worth one decimal place more. I know it's just because of the pump, but my vote is now worth 0.1 🙂

Since it was set to 50/50 from the beginning, now I don't do anything.
50% of the reward boosts HP, and the other 50% is in HBD waiting for the price to drop, if there is one 🙂

I have a small amount of liquid Hive that I use for daily HP, for PUD that I will increase from an external exchange where I have a certain amount (there I bought at 0.16-0.18 and sold part at 0.35-0.55 and with USDT I am waiting for a fall to buy again, if it falls).

If the price doesn't drop, great, I'm growing what I have 🙂

My intention, when HIVE pumps, is to sell some for HBD. When I noticed the pump, I didn't have any liquid HIVE and didn't want to power down any HP. However, one 2nd tier token that did not decline against the Hive pump was CTPSB. Now, although my goal is to grow my CTPSB stake from 581 tokens at the start of the year to 800 by the end of the year, I sold off some CTPSB and bought HBD.

!ALIVE
!BBH

I continue to be active on Hive as usual and continue to play the Hive games. When HIVE reaches a price that I feel is high enough for the short term I change my post rewards from 100% power up to 50%/50% HP and HBD with the goal of converting HBDs to HIVEs when HIVE value drops.

I don't really do anything right now. I have quite a bit of liquid Hive saved up from the past few months of exchanging HBD, but I don't think I will do anything at the current price. If it pumps up more, I might change some back into HBD or upgrade my splinterlands deck, but nothing as of yet.

I've never powered down since the day I joined and don't intend to do so in the foreseeable future. That said, I do have quite a bit of liquid HIVE/HBD which I've set aside just or occasions like this, with the full intention to buy back in again when the price drops.

It's simple: I make mistakes and then work on fixing them. 🤣 Wrote about it today.

In all seriousness: the goal for me is to have more HIVE at the end of the pump&dump than at its beginning, until the goal is to stay on HBD (not necessarily at the end of the bull market... we will probably have more opportunities to switch).

Hmm, for me it's 90% business as usual. The remaining 10% is more of playing around with my small portion of my liquid Hive and HBD to see if I can get some additional Hive/HBD but it's more for the fun.

I usually keep things steady and stick to my plan.
Sometimes I might take the opportunity to sell a bit if it aligns with my goals, but I don't rush into anything.
I try to stay balanced overall.

!WINE
!BBH

Swap Hive for SPS/DEC, though I don't really have much Hive liquid at any time, so pretty much nothing in the scheme of things.

I continue doing my posts as usual. Most ot the Hive is staked in Hive Power delegated to projects I like. So I keep doing the same thing and increasing my HP :D

I started the power down a week ago. I know some people see this as a bad thing, but I see it as a great opportunity to increase my amount of HP. I know it’s complicated, and there are risks involved, but if I can sell Hive soon for $1 (I hope it goes even higher) and, after a few years, buy it back at around $0.20, I’ll be multiplying my current HP by 5. I know everything sounds easy in theory, but this is my strategy, and a cycle like this, as everyone knows, takes time to happen.

I powered down most of my HP to try to take advantage of this upward trend. I've already managed to multiply my Hive. I don't know how high the Hive can get in this cycle, so I'm quite worried. I'm going to reserve half of what I manage to multiply and leave it in HBD in salvage, with no withdrawal forecast. I hope it all works out!

It's business as usual. Currently, i am building the stake in HBD and HP.

!PIZZA
!BBH
!ALIVE

I usually do nothing. Unless I have some HIVE lying around. It is usually only just a little bit.

Maybe I'm late but I also have a question.
I might as well answer yours!
What do I do when Hive pumps?

Nothing!

That's because I'm not in it for the money! Hive means something else to me. Sure a nice pump is an added benefit. I won't say I don't care. It should encourage me to post more!

Now my question:
Did tribaldex interface change? Or has it really been that long since I've adjusted my liquidity pools?

I'm trying to stake last year's winnings towards the LEN/(M) LP !

How do I somehow manage to consistently see and answer these 3-5 days after they're posted? Impeccable timing lol.

Anyway, most of my Hive is staked, so I leave it as is. The liquid Hive I have available across various accounts (a few thousand) I try to trade (swapping Hive with HBD and back). Sometimes this works out quite well; other times, it's a disaster. I don't know if I actually have a net profit after all of the various trades I've made across all accounts. In terms of Hive, probably slightly positive, and in terms of HBD, more likely positive.

That said, it's just about the most exhilarating thing going on in my life right now, so I suppose it's worth doing!

I always think to have more hive, to grow more.

$PIZZA slices delivered:
imfarhad tipped liotes
@proto26_(1/5) tipped @achim03