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Hive trading! How to trade hive, a means to earn extra income on the blockchain.

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@monica-ene
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2 min read

Hello Hive

Its very obvious how the month of March has been a poor performing month in the crypto market. Witnessing the lowest level of dips for most tokens including hive.
It is a good time to fill in ones bag and with some few dollars that could have been possible.

Individuals and companies who had extra bucks to spare bought the dip massively.

Trading is just another easy way to earn some extra source of income on hive aside blogging or earning passive rewards on hive.

Having been on the blockchain for more than two years now, I have learnt how to be apply patience to get the best of this. Hive trading in particular.

This is the time to prepare your token and keep some liquid hive for what may be coming up next.

Its possible to see some powering down now as the rise in price of hive makes conversion from HBD to HIVE give a little outcome. (This can wait for now).

With HBD pegged at a dollar and hive back above a dollar you get only little amount of hive from HBD sales, and to make the best sales for hive, you have to convert when the price of hive is below a dollar.

  • A rise in price means increased payout and amount of vote.
  • Increase in worth and value of hive account holders and a form of surplus for everyone.

Getting some liquid hive ready for probably what may come as a gradual rise and then hopefully a new ATH for token might be good enough.

And then applying patience to buy back the hive during a dip makes the move all profitable.

In the past I Haven't been patient enough to wait for a good dip to buy back and want able to make any benefits of the pump and dump.

But now I have learnt that as long as we are living and breathing there will always be opportunity to buy the dip and sell at high, the only key factor is TIMING and PATIENCE required to wait for the right time to make these moves.

Posted Using LeoFinance Beta