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Buying back the dumped Hive at lower prices & HBI Giveaway week 31

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@myfreebtc
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Another work week has gone by and there was a massive Hive pump on Monday that sent the price all the way to $0.96. The last time the price was this high was 4 months ago in April. Before the pump hive was around 53 cents and now it seems to have stabilized around 58 cents.

I took the opportunity to sell some of my liquid Hive for around $0.85 and I'm waiting for my opportunity to buy it again at a lower price. A lot of people triggered a power down when the pump started so I'm expecting the price to fall a little further next Monday, probably back to $0.55 where I will start buying it once again all the way down to $0.50. Then I will just keep it liquid and wait for the pump.

I have zero experience when it comes to trading but Hive is quite easy to predict whenever we get a sudden pump the price always ends up coming back down shortly after so I will keep using my strategy. I'm slowly accumulating more Hive and BUSD on Binance with every pump and dump.

Giveaway

Last week's winners:

Congratulations! I've already sent your rewards, enjoy the perpetual votes from Hive Basic Income. Hope to see you participating once again this week.

Rules

  • Just comment
  • Minimum Reputation of 50
  • Only one comment per person
  • Have at least one post on Hive in the last 30 days
  • Upvote / Follow or Re-post is NOT mandatory but greatly appreciated.

100% of the author post rewards will be used to buy HBI shares for the lucky winners! The winners will be picked by a randomizer and will be announced on next week's giveaway post every Saturday.

What are HBI Shares:

I'm going to explain this in the simplest manner possible: For every share of Hive Basic Income (HBI), I buy I get a chance to sponsor someone with an equal share. For example, I buy a share and send your username on the Memo. I get 1 share and you also get 1 share. These shares grant you an upvote on your Hive posts FOREVER, the more shares you have the more and bigger upvotes you get. There is no point in participating if you don't make any posts on your account.

If you're interested in the project you can check out the FAQ HERE

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