Buy or stock hive? USD or BTC?
HIVE cryptocurrency is a new member in the CRYPTOCURRENCY Family. It's age is only 3 and half months that means it is a very little boy in this wide family, but it has a lot of potentiality and it's market share is increasing day by day. (exchange rate of Hive against USD)
Recent trends of Hive exchange rate is very optimistic on last two weeks. It was on an average of 8.5% positive growth, though the last month overall exchange rate data is showing a negative growth on it.
(trend is upward on last two weeks)
From very beginning we have found it as an unstable currency that changes behaviour every week. I think, it will take time to have an stable position in the exchange market.
If anybody want to treat this currency, I will suggest him to stock it for at least one year. Because my prediction is that the current new currency will get strength over time up to its first anniversary. Then it may fall again shortly.
But if anybody want to sale it, which currency will be most suitable for him, either USD or BTC? My personal opinion is to follow the cross exchange rate, which one is at the upper position on that time, you should trade on it. (Yellow: Hive/BTC, Blue: Hive/USD)
If the exchange rate of USD line (Blue Line) is upper than the exchange rate of BTC line (Yellow Line), then you should trade on USD. Because you will get benefits there a little bit. It will be more rational decision for ab investor.
But if you have some interest about any fixed currency then ignore my decision and just go through on your own need and demand.
About Me:
I am Tariqul Islam Like Blog, Vlog, Writing, Photography & Art Hive: @tariqul.bibm 3speak: tariqul.bibm Twitter: Tariqul Islam
I am an Engineer by Graduation,
Teacher by occupation & Writer by passion.
I believe, Life is beautiful!
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