My Latest HIVE Investment and Long-Term Crypto Outlook
Hello Hive Fam!
Hope you are doing well and having a great time wherever you are in the world.
The Hive price is currently low, and although it's not financial advice, Hive below 20 cents is a great deal. Most of my hive purchases are made within the range of 20-25 cents. Now that the price is below 20 cents, I think this is a great opportunity to buy Hive. Today, I made some purchases for Hive, purchasing a quantity of 6,000 Hive coins. Right now, the price is 0.177 USD for Hive in the MEXC exchange, and you can see the same on the price chart.
Investing is a journey, and when we keep on investing in any asset class, it is always important to average out the buying price. Because most of my buying for the Hive has been between 20 and 25 cents, and now I have got the price which is below 20 cents, so I am trying to average out my buy price as low as possible. Also, I am going to power up Hive today, which I have purchased, because there is no reward for holding coins in the wallet unless they're staked. With Staking, we convert Hive to Hive Power and start earning curation rewards.
Apart from this, buying Hive from the market, I also used all my HBD to convert into Hive, but that Hive I will not be powering up. I had that HBD in the savings of my wallet, and it was earning 15% APR, but now, because the hive price is low, I converted HBD to Hive, and I plan to convert it back to HBD once the price recovers.
I am aware that the power up day happens on the first day of the month, which will happen on 1 Oct, but I thought, why wait? I just went ahead and did the staking for Hive. The current HP balance in my wallet is around 79k HP, which is good, and I hope I can grow it more with my limited resources.
The good thing about Hive is that when I send the coins from my exchange wallet to my PeakD wallet, there's very minimal charge. In some of the platforms, taking up coins also comes with some charges, but here it is not so technically everything that we are doing is free from the transaction fee, and it is one of the parts of this amazing platform that I like a lot. So now the power up is done, and I am happy to have this power added in my wallet, but obviously, I'll try to buy more when my budget allows because I am trying to have a decent holding of crypto in My Portfolio for the next few years.
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I don't know when the price recovery will happen for the hive in the market, but this price looks good to me based on my fundamental analysis. So even though I'm not sharing any kind of financial advice, I am following it because I am convinced that this is a good price range to buy. What are your thoughts about Hive and its current price? Thank you!
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Posted Using INLEO
" but this price looks good to me based on my fundamental analysis. " :))) ... Funny man it looks good for you when you buy just now in and have never been here last 9 years and gave never seen how this HIVE can fast take all from you when it moves up and down fast :))) ... it is easy to say when you come in what some cents and then tell how good is life :))) What this low price we not have users , lot user come in what big price and they lost all ;) did you not know this .
Look who's around! Been missing the trails you have been on...
Did the same today but not through Fiat , I had some TRX lying around . Bought 1200 HIVE with it. Also, had to make sure I bought enough SURGE before the pre-sale is over so bought 900 HIVE worth SURGE from that. Powered up 100 HIVE .
This is great. I invested through fiat because my other crypto holding is also for the long term and I won't dilute it unless the profit goal is met. With hive things are looking promising for the long term.
I bought some surge but now you gave me the idea to buy more so I will do that also shortly
6k $HIVE is a good stake - $HIVE on!
Delegate some to @leo.voter
I have done some already but will think of increasing it further
Great decision investing in Hive and powering it all Up.. Cheers
Thank you brother!
Your 200k hive power post inspired me a lot and today I tried my best by putting some money on hive to increase my hive power balance.
Strong conviction buying HIVE These days. I have the feeling we are fading away in this Bull market.
Thanks friend and TBH investing is all about taking risks soon don't know what would happen and with hive I am taking that bet.
🤝🏻 For me it is hodling on. My HIVE stake is something I don’t wanna sell along with my Sats. Everything else within Crypto is speculative investment.
Great, you are not far away from the 100k milestone
Thank you!
There is still a big gap to be at 100k but let's see when I am able to bridge that 20k gap
smart plan, wish you well
Thank you!
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