The Prices of Tokens in Hive are constantly Changing: Are you Buying or Selling?

I don't know about you but i try to keep on staking as much as i can. As i previously mentioned in another post i always try to keep a liquid amount just in case the prices skyrocket or in case of an emergency.

Today i decided to spend around 14 Hive that i had gathered in tokens like LEO and CTP. I focused more on LEO so i bought only around 100 CTP tokens this time. In total, i spend my 14 Hive to buy 140 LEO which the hope that leo will reach 1$ again and i will gain x10 my money!

At that time i realized something a bit sad and bright at the same time. The sad part was that many people are actually selling their LEO these days and honestly i don't know why. Of course some of them need the money to buy their groceries and stuff but that's not the case for everyone. Thus, when i went to buy the price of LEO was something like that.

Now with only my small purchase of 14 Hive the price went up to 0.055 as you can see below as well.

Now Sadly the price is back at 0.05 because a bunch of people sold their LEO as well.

The only good thing about that is that actually people like me that don't sell and keep on buying/staking can buy LEO at a good price. Something similar happened when i bought 100 CTP tokens as well. The price went up 3% which is quite something given the small amount i purchased.

Yesterday we had a big pump on Hive as well. I don't know why or what happened but Hive as you can see below went up to 0.67$. If you have any clue what led the price to skyrocket let me know in the comments.

Now as you can see and understand we need more holders and more people to join Hive, LEO, CTP, CINE or whatever the community and the token is called. We need more price stability and more believers! Hive has tremendous potentials and it's time for anyone in here to understand and spread the word outside to gather more and more people.

Also, note that we are in a bear market and which means this is a time of opportunity. During crises like this we need to find hidden gems like Hive, and invest, and then when the bull run comes we all gonna taste some sweet profits. There are many hidden gems in here as well except of Hive ofc, like LEO, BRO, CTP, CINE, LBI, Splinterlands and many more that even i don't know!

Posted Using LeoFinance ^Beta