My Strategy At Hive Pumps
This is how #hive coin moves; when the market is negative, #hive is the only coin that has moved more than 17%. This is the beauty of this coin, and it is why I usually keep some coins in liquid to sell at such pumps.
There are more pumps to come in this bull cycle, and ideally, they will push the price of #hive past $1 very soon. That is why it is recommended to keep your #hive coin and never be disappointed.
One thing you may have noticed about yesterday's hive pump is that we saw a large volume of more than 20M, and the amount did not diminish all at once.
After reaching $0.387, the price remained there for a long period before gradually falling by roughly 5-6%, indicating a significant pump.
Maybe whales and some institutions are contemplating about buying #hive, and the greatest price is right now. I've always said that the greatest time to buy #hive is when the price falls below $0.40.
Because this is the coin of the best project, and it is now undervalued. In this market position, I believe #hive should be above $0.6, but it is now around $0.38.
What is my plan when the #hive coin pumps? I always attempt to keep some liquid funds in my exchange account in order to take advantage of such great selling opportunities.
When I notice that it pumps more than 5%, I sell 20% of my holdings, when it pumps more than 10%, I sell 50%, and when it pumps more than 15%, I sell all of my liquid coins.
After that, I continue to acquire at lesser prices to grow the quantity of my coins. This is the method I employ when the price of #HIVE spikes in such circumstances. What do you do in such situations?
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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