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It is still good time to purchase Hive for a 2X profit

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Bala
@bala41288
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2 min read

I feel that it is still a good time to purchase Hive. I say this because we have had tough times in the past as well. But in spite of that Hive was able to reach a new all-time high. When a new project kicks off on Hive or an existing project comes up with a great feature, the price of Hive will have a decent pump. Right now due to the Luna situation, the market has not recovered. This has created good buying opportunities for many people.

People who were waiting for a long time to invest in crypto are making use of this opportunity. There are also people with lost hands selling crypto due to panic. They cannot be helped but people who in the general book some profits are also okay. A few days back I powered up a huge amount of Hive. My target is not much but 1$ Hive again.

I remember an instance a few months back. The price of Hive got a major hit and reach almost 60 cents. Many people thought that was going to be the start of a bad time for Hive. But we were all confident that Hive would go back to 1$ again and that happened. Just in another week or two, Hive went back to 1$. People who would have bought some tokens in 60 cents range would have gotten a decent profit. Those were the times I did not have any liquid funds in Hive. Today I'm thinking of exchanging my HBD holdings to Hive and waiting for the fortune.

Some people say that the recovery period for Hive maybe after 6 months or so. That's one of the reasons why I wanted to power up the Hive I bought for a short-term profit. If at all Hive goes to the moon, I will try to power down or just use my liquid funds alone. But I still see the current price of Hive as a good fortune. I wish I had more money in Hand to invest. I'm having a double mind about taking HBD out of savings and using them to purchase Hive at the current price. I don't know if that would be a wise thing to do or not. I will try to think a bit more about that and execute the plan. Even if I do so, I will have some funds still kept in HBD and buy Hive for the remaining. I'm thinking if I should be doing this towards the end of the month so that I can power up those Hive on Hive power-up day. Let's see.

If you like what I'm doing on Hive, you can vote me as a witness with the links below.

Vote @balaz as a Hive Witness

Vote @kanibot as a Hive Engine Witness

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