Accumulate Hive in Bear Market
As a crypto user my phone is full of cryptocurrency related apps which include few software wallets and some Centralized exchanges. These apps often send notifications which appear on screen which keeps me updated especially about the Bitcoin price.
Whenever i get a notification about Bitcoin price increase , the first thing i do check is the price of $HIVE. This is because i do hold a little bag of $HIVE which is why i want to see $HIVE price going up but unfortunately $HIVE does not pump when Bitcoin pump. Hive always do its own things and does not care whats happening in the market.
Bitcoin price pumped from $61k to $65k today , this is increase of more than 6% but $HIVE price moved up merely 1 cent which clearly shows that $HIVE does not follow Bitcoin moves when it pumps but it follows quickly when Bitcoin price goes down. I am not sure if you observe this or not but i do keep a close look on Hive moves.
Hive price is not moving up , it keeps spinning around the 30 cents. This is frustrating but is good at the same time because its giving opportunity to fill Hive bags. Its the best range to buy hive for the bull market . If you cannot buy hive then you can earn being an active user on the platform. This is the best thing i love about hive.
Some people disappear in bear market and comes back in bull which is completely wrong strategy. Bears ars good to accumulate cheap hive while everything is at discount. We get more hive from contents in bear market and when the price goes up our account value also increase.
My best strategy is to earn hive from contents as much as possible because it costs zero dollar. There is no risk as i do not have to buy because i can earn from posts , all it requires investment of time. My Strategy is to keep posting regardless of bears or bulls. My continuous posting strategy also do DCA for me which cost me zero dollar.
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If you are not posting content or engaging in bears then you are at a big fault. Make sure to not miss it while $HIVE price is low.
As hive price is low i have converted my HBD earning to Hive as its the best strategy we can apply when the hive price is low. When the price of hive goes up then i will convert hive back to HBD. This will generate some profit for me. You can do the same if it makes sense for you.
We are all waiting for hive to pump but its not happening which frustrating but believe me that our day will come and we all will be happy. Its just not our time so only thing we can do is accumulate more hive and wait for our turn.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.
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