Hey All,
This is not for the first time that we are seeing surge in the PRICE of #HIVE token. It all started when it was trading around $0.30 cents or so went up to $0.40 cents and todays spike of plus 50% bring the trading price of #HIVE around $0.55+ cent. So the question is do we see $1+ coming for our favorite token #HIVE or not. Well I believe so and hence for that reason have been accumulating liquid #HIVE for a while and to be honest not relying on the power down of HIVE Power. But rather I took the other way out where I had liquidated all my 4K+ HBD [HIVE Backed Dollar] for #HIVE on an average I was all the HBD for HIVE when it was trading around $0.30+ cents or so. So already making a decent profit here with the conversion but still there is a long way to go where I need to strategize what I should be doing with the 12K+ liquid #HIVE that I still #hodl. I strongly believe that one should have a strategy for situations like these. It could be either booking profits, taking that profits and investing in other tokens or anything so that moments like these are not missed and the best action is taken in the interest of building ones crypto portfolio. So what did I do with the recent price surge of #HIVE? Short answer I bought 10 VIALs of #HOLOZING Game... Here is the transaction summary showcasing the purchase transaction.
HIVE Spike & Bought 20 #VIALs of HOLOZING...
I had many options one simple options would have been swapping HIVE for HBD Or selling #HIVE for #USDT and keep the USDT for later point in time to buy back HIVE. The other option was to take the advantage of the price hike in HIVE and invest in other game that is being built on HIVE Blockchain and hence the decision I made was to invest here and for that reason I bought 10 more #VIALs and with this purchase the total VIALs that I own now is 40 i.e. 35 in @gungungkrishu account and 5 in @healther account. Just to let you know 1 VIAL cost $20 and hence the total investment here is $800 [40 * 20] dollars. Can I make it $1K+ buy buying another 10 VIALs. It all depends and I will be willing to do so if #HIVE further spikes from here and crosses that $1+ mark then definitely I would buy another 10 VIALs. Lets see how that pans out in near future.
Apart from buying #VIALs I also had some liquid #HIVE lying ideal on Binance and therefore decided to put a sell order here for around 300+ #HIVE at a price of $0.60 cents; so lets see if this gets executed or not. It was very close to getting executed when I was writing this post but then it went back to trading around $0.56 cents. I am hopeful that this sell of HIVE will get executed and definitely we should be seeing #HIVE trading around $0.60+ cents y end of today. Well this should be it for todays post around - HIVE on FIRE up 50% And Rising is $1 Coming - What I did with the recent #HIVE price SPIKE? Holozing - #VIALs Bought......IN all happy with the investment yield from #hive and buying more stake in second layer tokens here on the Hive Blockchain... Happy Investing & #hive to the mooon sooon.... Yeah and $1 for #hive is coming... so stay tuned...cheers
Have Your Say on Liquidity #HIVE recent Surge.. #hbd conversion
Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers
HIVE on FIRE up 50% And Rising is $1 Coming - What I did with the recent #HIVE price SPIKE?
#swap #hive #beeswap #holozing #hbd #swaphive #zing #vial #sim #usdt
Best Regards
Image Courtesy:: beeswap, peakd, coingecko, binance
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects...
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that's a a nice one there
Where HIVE is traded? Why didn't you care to mention the exchange?
He did mention the exchange, you can read again to find it. Also, to see where hive is exchanged you can head over to coingecko or coinmarketcap and find this info for any coin.
Congratulations @gungunkrishu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
<table><tr><td><img src="https://images.hive.blog/60x60/https://hivebuzz.me/badges/postallweek.png" /><td>You have been a buzzy bee and published a post every day of the week. <p dir="auto"><sub><em>You can view your badges on <a href="https://hivebuzz.me/@gungunkrishu" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your board and compare yourself to others in the <a href="https://hivebuzz.me/ranking" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto"><strong>Check out our last posts: <table><tr><td><a href="/challenge/@hivebuzz/yearly-author-202501"><img src="https://images.hive.blog/64x128/https://i.imgur.com/ogVqE0F.png" /><td><a href="/challenge/@hivebuzz/yearly-author-202501">The 2024 Yearly Author Challenge is Over - Congrats to the Winners<tr><td><a href="/hive-122221/@hivebuzz/pum-202412-delegations"><img src="https://images.hive.blog/64x128/https://i.imgur.com/fg8QnBc.png" /><td><a href="/hive-122221/@hivebuzz/pum-202412-delegations">Our Hive Power Delegations to the December PUM Winners<tr><td><a href="/hive-122221/@hivebuzz/pud-202501-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg" /><td><a href="/hive-122221/@hivebuzz/pud-202501-feedback">Feedback from the January Hive Power Up DayGreat plan, nicely executed. By now I guess that the hive will be sold in Binance.
I was thinking of keeping some liquid hive but feel too emotional not to stake 😆 I keep about 100 $hive in Binance, having it there since earn was introduced.
Again, thanks for sharing your investment 🙂