Time to buy the Dip with Hive!

When the market is up then most of us plan to buy the coin if the price falls but when it happens then we get scared and usually don't invest. We become greedy and wait to see even lower prices and this does not happen always as some times price increases and we miss the low-price buying opportunity. The current hive price is around $0.25 and this price is low. If we compare it to the all-time high price for hive then its highly discounted and I believe this is the time to buy. This is a good opportunity to buy a hive and accumulate more as such an opportunity does not last long whoever has been waiting for the same then its the time.

Hive is not like other cryptocurrencies instead it is different because it is a leading web 3.0 social media platform and there are so many projects doing good. It is in the initial phase and I expect that the future will be bright that we can witness in the next couple of years. I have the plan to buy some points at this price when it is low so I am on my way to arrange some funds so that I can buy some. My plan is to power up all the coins that I buy from the market because with this pay I will be able to earn duration rewards which are between 8 to 10%.

Maybe this market stay here for some time and we can also get to see even lower prices for the coin because it is not guaranteed in the market. I always try to buy coins in multiple attempts and not in one go because this way I can deal with this situation when the price drops further after my purchase. If the price increase after my purchase then anyways I am at a profit because I got the coins at a lower price and if it drops then I can buy some more to average out my buying price.

src

I have seen the price as $0.10 for the Hive and that did not stay for long so I missed that opportunity in the year 2020. I don't know if that will be possible ever because things have grown up and to be honest, I do not expect that price again. But just in case, if that happens then I am sure a lot of people are going to buy the coin as much as possible. Even I will be trying my best to buy as much as possible depending on my purchasing power and how much money I am able to manage on my side.

Doing the investment at the right time is very important in the right project and I feel this will be a good time when we can build a decent portfolio and wait for the right time to book some profit. Even if there is no plan to sell the coins soon then also earning a curation reward is a plus and a good source to generate passive income through this investment.

I am trying to keep a close eye on the market and to see how the price for hive fluctuates because you never know when you get the opportunity to buy the coin at an even less price. That will be a great opportunity to accumulate more for the same amount of money that we plan to buy.

Thank you

Posted Using LeoFinance ^Beta