My 20% Strategy for Hive
This is basically my crypto thesis as far as Hive is concerned.
One, I keep 10K HP and keep stacking with curation and posting rewards.
Two, my loose change of liquid Hive from different means is invested into worthy layer 2 tokens such as $LEO, $WORKERBEE, and $LARYNX. Actually more into LARYNX nowadays...
Three, I stash away naturally awarded HBD to earn the 20% interest.
Four, I DCA into HIVE in small amounts, especially in times when there are dips, and then put them on selling order at 20% profit immediately. I call it my 20% Strategy for Hive.
With Hive on a downtrend now, as shown above, you bet I started to DCA again.
Why am I confident about my 20% strategy at this time? (i.e. selling with a 20% profit margin after buying)
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I DCA based on small amounts so I am not over-committing to buy large amounts which might backfire if the price drops. If the price drops, I buy again, and apply the same selling price margin.
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I believe Hive will hit 20% higher than the current price someday. Likely faster than a year. So I will likely earn the 20% profit earlier than a year (had I saved it as HBD).
Furthermore, when the price is lower, it's easier to gain 20% than when it is higher in price.
So in a way, I am taking advantage of the dip by buying more to set a sell margin of 20% profit. Let's just say the probability of it hitting 20% is higher so I am willing to take this chance.
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
You might be interested in this post, @thatkidsblack, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!
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