What just happened today to HIVE?
Who does not likes these sudden pumps? I know, I am a very big fan of any pumps in overall crypto market! Well, today seems to be one of those lucky days for folks like me! Guess what? HIVE pumped!
Honestly, the last few days have been quite tough! Not something that that we have not witnessed over the past few months but like I said in my previous post, any good news is welcomed seems like today was that day. HIVE suddenly got price hike and literally everyone who are quite regular in HIVE got to notice that pump. This pump was much more amazing than the previous ones. Now coming to the fact that the price HIKE was not really of a significant percentage but during this pump many of my HIVE folks were literally witnessing the show in front of their eyes. I mean not the whales or usual traders but those folks who witnessed this pump of HIVE for the very first time. I was able to be a part of those happy moments and that does counts for a lot.
Few funny facts about this pump
I am not sure why I am this much excited while writing about this pump probably because after a long time I was able to witness one of this pumps or to be more precise this sudden pump made the adrenaline rush drive me within inside. Either way I am taking it as a positive insight.
Since I was doing my usual tasks at HIVE @sayee's ping message on Discord caught my eye. As soon as I saw it I prepared for it. I was not really expecting any sort of noticeable pump as I was just trying to find a way to arbitrage out of this pump. While the first few steps were :
- Closed all the buy orders from HIVE-Engine
- Closed all the sell orders of HIVE in internal market
- Cancelled buy/sell order in Binance
Once they were done I started waiting. I was literally stick to the chart of HIVE in one monitor and I was having the usual chats with Hive mates on the other. While going through all these, we all were chatting about how things would turn out if we get to see HIVE reaching $1 or more in this pump. During those moment I saw some pump and dump happening in EXCHANGE and took that chance of making some quick profits in this short spike.
Thanks to the Koreans.... Well anything significant happens to HIVE in terms of price action movement we do put it on Koreans. Nothing personal but just saying the volume speaks a lot on exchanged and as you may notice. Yes, these pumps are always welcomed. At least we can dump it on them and buy back HIVE again.
*Image [source ](https://coinmarketcap.com/currencies/hive-blockchain/markets/)*
During this whole event, I was able to do three types of trades! All these happened pretty fast it was hard to track lol. Later when things were setting down I had to write them down, where I took the HIVE and how I converted them ;) Three usual trades
- Selling HIVE for USDT
- Selling HIVE for HBD
- Buying SL assets for HIVE
If I am being honest, my head was sort of exploding during those moments. Multiple events were happening. I had a guest at my home exactly at that moment. So I had to greet them welcome them in and do the usual procedures. While on the other hand I was concentrating in three different screens. Now I realized during rush hours how difficult it is to focus on everything and one small mistake can cost me money. In Binance I sold the HIVE in three steps. 30% at first pump, 30% at next pump and the rest at peak. Not actually peak but close to that. While once the price has settles down I bought them back. So few tweaks here and there and now I have some more HIVE in my wallet. On internal market the price action was catching up slowly. So there was nothing much to do. So I was bot able to grab the best price out there. While if only there was more liquidity and few extra options added, things would have been a lot better.
While whenever a pump happens every bridge of Hive-Engine suddenly runs out of HIVE. Hive users take no time in converting those swap hive while competing with each other. That left me with some swap HIVE at disposal. So instead of just seeing them lying there I bought few Chaos packs. Yes, now that I have bought them I am planning to hold those packs now. The FOMO is building up on packs nowadays. And guess what, I hold very bad luck in opening packs but I opened two packs today one from Chaos and one from Riftwatchers. I was lucky with Riftwatchers (I wish it would have turned into a GF) but chaos was a waste ;)
If I am being honest I was caught up with the moment. Or else I would have dumped every HIVE on these packs. And literally just hold them or slowly open them or who knows sell them in the future. I am slowly getting a keen desire towards this so called Splinterlands packs. Even though my luck with the packs has not been much wise in that regard!
It seems like today was little bit too much to handle. As of writing this post I am feeling little dizzy 😵😵😵😵. But all of this was indeed worth it! Since I am not going to take out my $$$$ out of HIVE, I am trying to maximize the use of this HIVE in my wallets and just print some more HIVE along the way ;) How was this pump for you?
If you want to play Splinterlands
Best regards
Rehan
Posted Using LeoFinance Beta
