Today it's a good day for every Hiveans as Hive given a good rally. As of writing it is the top gainer by gaining almost 60% today. I know we all are waiting for Hive to touch it's All Time High, but small gains like this keeps us motivated.
PC: Binance.com
For me, last week I have bought some Hive from HBD with an average of $0.30, and today I sold some of them with $0.35 and thus booked some profit. It's a small profit I know but again 0rofit is profit. If the Hive goes down again I will again buy the Hive below $0.30.
As of now the whole crypto market was little down as the Bitcoin went down $100K but at this time when the Hive has given around 60% profit in a day is a huge thing. Hive have to break the barrier of $0.40 as well as $0.50 to actually see the momentum upwards and then once it does that we can see Hive going anywhere between $0.80 to $1.
I don't gave a lot of liquid Hive it HBD so it's small swing trading which I do so that it allows me to power up Huve at the start of the month on the occasion of Hive Power Up Day and along with that keeping some HBD in the savings to earn decent returns yearly. Might be moving HBD to Hive below $0.20 would have given a 100% profit but again having some amount in stable coin is also required. You never know the volatility of the crypto and thus if you don't have anything then again it's a problem.
It's just 8 days remaining in this year and we all want that Hive should go up and up in this 8 days and hopefully the new year would be a great for all of us in crypto. For me most of my investments in Bitcoin and Hive so if any of them goes up, that makes me quite happy. Just today as Hive has given us 60% returns today.