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RE: Ask Leo : Is now the best time to take gain from hive pump

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yintercept
@yintercept
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It is really difficult for retail investors to guess the top of pumps or the bottom of dips.

HIVE is structured so that one must power up one's coins to receive upvote rewards.

It takes seven days to power down.

The seven day power down period means that there is limited time frame for taking advantage of market manipulations.

The price of HIVE just popped. One does not know how high the price will go in this current manipulation.

I see that you have 50 free HIVE. I admit, my impulse would be to take the gains on the free HIVE and see if the price drops.

You can do this on the Internal Market . The market is a complete guessing game. $0.80 might be the top of the current spike. Who knows the price could trade higher. I have never been able to guess.

If the price of HBD is above $1.05, then it might be profitable to used the feature that converts HIVE into HBD.

Posted Using LeoFinance Beta