Buying opportunity again on Hive
I've noticed that some cryptocurrencies are not performing well at the moment. Especially the alt coins are dipping. Sometimes I used to wonder if it should be the natural thing, because only when the value goes down will people invest, and when the value goes up, people will sell, and the cycle continues. This is very natural in any market. The interesting thing here is that we should know when to enter and when to exit. That's what makes anyone a good or successful trader.
I was waiting for the price of Hive to reach 25 cents for a very long time. I bought some Hive when the price was around 21 cents and wanted to see if I could book some profits. Unfortunately, it did not happen. Sometimes it is even more disappointing when the price keeps falling and we don't have enough liquidity in hand to purchase more. I know for a fact that the price will recover, but mostly when the market is low, we always fear investing. When the market is at its peak, we again fear selling because of greed. We will keep thinking that it can go further up.
Last week, when the price of Hive touched 23 cents, I should have sold what I purchased. If I had done that, I could have again bought it back at 20 cents, but the greed did not let me sell at 23, and asked me to wait for a bigger price. When it comes to trading, this fear is something that never leaves me and makes it hard for me to do swing trades. Most of the time, I have noticed that I don't own any stablecoins when the market is really very good for buying. Right now, the price is about 19 cents, and it keeps hanging around there, but I don't have enough stables to buy any. I also fear what if I buy and the price goes down further.
For those who just got to know about Hive, now is the right opportunity to enter. Maybe people can buy now and wait to book some profits when the price becomes better. Unfortunately, now is not the right time to book profits for many people.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
 |
 |
 |
Posted Using INLEO
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 20.00% vote for delegating HP / holding IUC tokens.
Yh, that fear.
And the greed. I don't know, I was thinking maybe I should make a decision and decide on a particular price for both selling and buying, Just like buy order and TP, instead of just leaving it open and regretting at the end
I understand that feeling, I wanted to buy Hive sometime ago but told myself I was going to wait for it to go down, when it didn't go the way I wanted, I spent the funds I have and now I don't have any to buy, so sad.
The traders life.
It isn't an easy one!
Indeed 19 cents is a good price to enter, hopefully it will recover
I think you made a good point here. Buying when the price is low really does make sense, even if it feels a bit scary. Many times people wait too long and miss the chance, so this is a nice reminder to think long term.
they are the know factors in ruining trades and traders, the fear and greed, most of the trader knows that, but it is so difficult to control them.
I hope this time around you could make use of the opportunity to buy more hive, and book the profit when it goes higher,
I kept on buying more hive to reach some of my goal, but not for profit at the moment, so I just enjoy the price ride. :)
!LOLZ
lolztoken.com
He needs me to get him out of jail.
Credit: vaipraonde
@bala41288, I sent you an $LOLZ on behalf of ekavieka
(4/8)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
That's the main problem, at least what I have right now, my friend. I really would like to buy more Hive to increase my HP, but since I don't have a permanent job, my only income is what I get here and I can't reinvest it as I intended, but I'm fighting to achieve that goal and focus on having the largest amount possible by the end and beginning of 2026.
I keep converting my HBD.
Patience and proper planning are key, and recognizing market cycles helps in making more confident decisions. Wishing you clarity and steady moves in your trading journey!
Hive time for buy